Iraqi oil prices recorded a noticeable rise during trading in global markets. The price of Basra Medium crude rose to reach $118.99 per barrel, while Basra Heavy crude reached $115.09 per barrel. On the global markets level, Brent crude recorded $105.86 per barrel, while West Texas Intermediate American crude reached $99.10 per barrel.
Eco
May 12, 2026
1 min read
Significant Rise in Iraqi Oil Prices in Global Markets
M
MN Iraq News Editorial Team
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