Iraqi oil prices recorded an increase during daily trading in global markets.

According to official data, the price of Basra Medium crude rose to $118.99 per barrel, while the price of Basra Heavy crude reached $115.09 per barrel, with a change rate of -5.46 for both.

On the global markets level, Brent crude recorded $105.86 per barrel, while the price of US West Texas Intermediate crude reached $99.10 per barrel, with change rates of +1.10 and +1.17 respectively.