**Crude Oil Price Update: Basra Heavy and Basra Crude**
On Tuesday, the prices of Basra heavy crude and Basra crude experienced a slight decline, with overall price levels stabilizing in global markets. Basra heavy crude saw a reduction of 0.01%, bringing its price to $74.52. Similarly, the price of Mediterranean crude also dipped by 0.01%, reaching $77.57.
In broader market movements, Brent crude oil is currently priced at $75.27, reflecting a gain of 7 cents, while American Texas crude is trading at $71.36, marking an increase of 42 cents.
Representatives from OPEC have indicated that the coalition is contemplating a delay in the planned monthly production increases set for April, as a strategic measure to bolster oil prices.
| Crude Type | Price (USD) | Change (%) |
|---|---|---|
| Basra Heavy Crude | $74.52 | -0.01% |
| Basra Crude | $77.57 | -0.01% |
| Brent Crude | $75.27 | +0.09% |
| American Texas Crude | $71.36 | +0.59% |