News Shafaq/ Basra Light Price dropped 0.54$ Tuesday, registering one of the lowest prices among OPEC members.
As for OPEC prices,
| OPEC Members | Last | Oil price/barrel ($) |
| Iraq | Basra Light | 81.93 |
| Iraq | Basra Heavy | 77.02 |
| KSA | Arab Extra Light | 82.17 |
| Murban | 83.30 | |
| Algeria | Saharan | 83.08 |
| Nigeria | Bonny light | 82.80 |
| Angola | Girasol | 82.97 |
It is worth noting that Iraq decided two weeks ago to reduce the official selling price of Basra crude to Asia during October, $1.40 less than the September price.