Iraqi oil prices recorded a decline during weekly trading in global markets today, Monday (May 4, 2026).
According to market data, Basra Medium crude rose to $123.57 per barrel, while Basra Heavy crude recorded $112.92 per barrel, with a change rate of -13.60 for both.
In the same context, British Brent crude recorded $108.76 per barrel, while US West Texas Intermediate crude recorded $101.08 per barrel, with change rates of -2.10 and -2.45 respectively.