Iraqi Oil Prices Record Stability in Global Markets

Iraqi oil prices recorded stability during daily trading in global markets today, Thursday (May 7, 2026).

According to official data, Basra Medium crude stabilized at $123.57 per barrel, while Basra Heavy crude reached $112.92 per barrel, with a change rate of -0.19% for both.

On the global markets front, Brent crude recorded $101.76 per barrel, while West Texas Intermediate crude reached $95.08 per barrel, with change rates of +0.10% and +0.45% respectively.