Iraqi oil prices have stabilized at $78 per barrel in today’s global market transactions. Basra heavy crude is priced at $75.34 per barrel, with the overall average also reflecting $78.59 per barrel, noting a slight adjustment of -0.26 for March 2025 delivery.
Recent data indicates a marginal decline in global crude prices, with Brent crude measured at $76.52 per barrel, and US West Texas Intermediate recording $72.65 per barrel, both experiencing a decrease of -0.22.
| Product | Price (per barrel) | Change |
|---|---|---|
| Iraqi Oil (Average) | $78.59 | -0.26 |
| Basra Heavy Crude | $75.34 | N/A |
| Brent Crude | $76.52 | -0.22 |
| US West Texas Intermediate | $72.65 | -0.22 |
