Shafaq News/ On Monday, Basrah crudeoil prices edged lower with a decrease in global oil prices.
Basrah Heavy crude dropped by 23cents to $74.4 per barrel, and Basrah Medium crude by 23 cents, reaching $77.9per barrel.
Brent crude futures declined 86cents, or 1.1%, at $78.18 per barrel by 0523 GMT, while US West TexasIntermediate crude futures fell 83 cents, also 1.2%, to $74.73 per barrel.