Iraqi oil prices recorded a tangible decline during daily trading in global markets. According to economic data, Basra Medium crude fell to $71.28 per barrel, while Basra Heavy crude dropped to $69.38 per barrel, both registering a 2.29% decrease. Globally, markets were impacted by the movement of benchmark crudes, with British Brent crude reaching $93.69 per barrel, a decline of 1.74%, and US West Texas Intermediate (WTI) falling to $90.21 per barrel, reflecting a 2.86% drop.