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Iraqi Oil Maintains Gains On Second Day Of Trading


Iraqi oil prices stabilized on Tuesday, the second day of trading, after exceeding the $77 per barrel barrier at the end of last week’s trading.

Basra Heavy crude oil recorded $74.10 per barrel during yesterday’s trading, while the average recorded $77.25 per barrel, with a change rate of +1.54 and +1.49, respectively.

The data also showed a decrease in global crude prices, as British Brent crude recorded $74.57, while US West Texas Intermediate crude recorded $71.05 per barrel, by -2.89 and -2.78.

Source: National Iraqi News Agency