Iraqi oil prices have recorded a notable decline during daily trading in the global market. According to economic data, Basra Medium crude fell to $71.28 per barrel, while Basra Heavy crude stood at $69.38 per barrel, marking a negative change
of 2.29% for both. In relation to global oil prices, British Brent crude was recorded at $93.69 per barrel, whereas US West Texas Intermediate (WTI) crude registered $90.21 per barrel, reflecting drops of 1.74% and 2.86%, respectively.