Iraqi oil prices recorded a notable increase during daily trading in global markets, aligning with positive indicators for international oil movements. Economic data showed an increase in the price of Basra Medium crude, with Basra Heavy crude also posting similar
price gains. This rebound in Iraqi crude prices runs parallel to the rise in global benchmark oil prices, as both UK Brent crude and US West Texas Intermediate (WTI) experienced growth in their trading values, reflecting recovery and increased demand
in global energy markets.
