Shafaq News / The prices for Basra Heavy and Basra intermediate crude oil dropped on Wednesday.
Basra heavy crude decreased by 69 cents to reach $74.66, while Basra intermediate crude prices also fell by 69 cents to $77.71.
Oil prices were mixed in Asian trade on Wednesday, after posting four sessions' worth of losses, as markets weighed the effectiveness of OPEC+ cuts on supplies and worries of a worsening demand outlook in China.