Fresh Decline in Iraqi Oil Prices in Global Markets

Iraqi oil prices have recorded a noticeable decline during daily trading in global markets. Economic data showed that Basra Medium crude fell to $66.50 per barrel, while Basra Heavy crude dropped to $64.40 per barrel, both marking a change rate of -4.88. In global markets, the benchmark Brent crude recorded $93.01 per barrel, whereas the US West Texas Intermediate (WTI) crude decreased to $90.21 per barrel, representing declines of -1.74 and -1.86, respectively.