Iraqi Oil Prices Rise Amid Divergence in Global Markets

Iraqi oil prices recorded a notable increase in global trading, with Basra Medium crude reaching $74.18 per barrel, while Basra Heavy crude rose to $72.08 per barrel, both registering a growth rate of 3.83%. Conversely, global oil markets witnessed a slight decline, as standard Brent crude fell to $97.26 per barrel by 0.51%, and US West Texas Intermediate (WTI) dropped to $95.42 per barrel by 0.60%.