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Basra crude prices to Asian markets climb on Tuesday

Basra crude prices to Asian markets climb on Tuesday
2022-08-23T12:46:53+00:00

Shafaq News/ The price of Basra crudes to Asian customers climbed on Tuesday.

Basra's heavy crudes climbed by $0.7, equivalent to 0.08%, settling at $91.16, while the intermediate reached $95.26; $0.7, equivalent to 0.07%.

Oil rose $1 a barrel on Tuesday as tight supply moved back into focus as a result of Saudi Arabia floating the idea of OPEC+ output cuts to support prices and the prospect of a drop in U.S. crude inventories.

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