Significant Drop in Iraqi and Global Oil Prices Amid Market Fluctuations

Iraqi oil prices experienced a decline during daily trading in global markets. Basra Medium crude fell to $71.28 per barrel, while Basra Heavy crude dropped to $69.38 per barrel, marking a 2.29% decrease for both. Globally, Brent crude recorded $93.69 per barrel, and West Texas Intermediate (WTI) stood at $90.21 per barrel, reflecting declines of 1.74% and 2.86%, respectively.