Iraqi Crude Oil Prices Rise in Global Markets Amid Slight Decline in Benchmark Crudes

Iraqi crude oil prices recorded gains during daily global trading, with Basrah Medium rising to $55.22 per barrel and Basrah Heavy reaching $53.32 per barrel, both marking a 1.57% increase. In contrast, international benchmark prices saw slight declines, as Brent crude fell by 0.64% to $78.29 per barrel, while West Texas Intermediate (WTI) dropped 0.85% to trade at $74.22 per barrel.