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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Dijlah Point News Editorial Team

Editor at Dijlah Point News, writing about Eco.

Eco

Slight Decline in Iraqi and Global Oil Prices Amid Market Fluctuations

Dijlah Point News Editorial Team
02 Jul 2026
1 min read