Slight Decline in Iraqi and Global Oil Prices Amid Market Fluctuations

Energy markets recorded a slight decline in both Iraqi and global oil prices during the latest daily trading sessions. According to economic data, the price of Basra Medium crude dropped to $64.42 per barrel, while Basra Heavy crude recorded $62.32 per barrel. On a global scale, this decline was reflected in the main benchmark indices, as British Brent crude fell to $70.79 per barrel, and the US West Texas Intermediate (WTI) crude stood at $67.82 per barrel. These reductions occur amidst an ongoing state of volatility in global markets due to current economic pressures and variables.


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Slight Decline in Iraqi and Global Oil Prices Amid Market Fluctuations

admin
02 Jul 2026
1 min read