For the second day, Basra crude prices decline amid a drop in global oil prices.

Prices for Basra Heavy and Medium crude oil fell for the second consecutive day on Thursday, as global oil prices declined.
Basra Heavy crude prices fell by $1.39, or 2.15%, to $63.34, while Basra Medium crude also declined by $1.39, or 2.09%, to $65.19.
Global oil prices fell as the world awaited trade talks between the United States and China, hoping for signs of easing tensions that have been clouding economic growth prospects.