Iraqi oil prices experienced a slight decline during daily trading in global markets, coinciding with a general downturn in energy indicators. Economic data showed the price of Basra Medium crude falling to $64.42 per barrel, and Basra Heavy crude decreasing
to $62.32 per barrel. Globally, oil prices recorded a similar retreat, with the benchmark Brent crude priced at $70.79 per barrel, while US West Texas Intermediate (WTI) fell to $67.82 per barrel. This comes as investors closely monitor global market
developments and the pressures of supply and demand.
