2025-07-29T07:16:52+00:00
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Shafaq News – Baghdad
Iraq’s Basrah
crude prices fell on Tuesday, even as international oil markets held steady.
Basrah Heavy dropped by $0.42 to $67.10 per barrel, while
Basrah Medium also declined by $0.42, reaching $70.60 per barrel.
Globally, oil prices were largely flat as traders assessed
the impact of a new trade deal between the United States and the European Union
and awaited the US Federal Reserve’s decision on interest rates.
As of 06:10 GMT, Brent crude futures edged up by one cent
to $70.05 a barrel, while US West Texas Intermediate (WTI) slipped by two cents
to $66.69 a barrel.