Iraqi Oil Prices Remain Stable at $79 per Barrel
As of Tuesday, February 25, 2025, Iraqi oil prices have demonstrated stability in the global market, maintaining a price point of $79 per barrel.
Current Crude Oil Prices
Data indicates that heavy Basra crude has been priced at $76.21 per barrel, while the average for Iraqi crude is recorded at $79.26 per barrel, reflecting a change of +0.30 respectively for the delivery scheduled for Nissan 2025.
Global Crude Oil Trends
Additionally, there has been a notable increase in global crude oil prices. Brent crude is currently valued at $75.20 per barrel, while the U.S. West Texas Intermediate (WTI) has reached $71.18 per barrel, with adjusted changes of +0.40 and +0.48 for both benchmarks.
Summary of Oil Prices
| Type of Crude | Price per Barrel | Change |
|---|---|---|
| Iraqi Heavy Basra | $76.21 | N/A |
| Iraqi Average | $79.26 | +0.30 |
| Brent Crude | $75.20 | +0.40 |
| U.S. West Texas Intermediate | $71.18 | +0.48 |
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