Oil Prices Edge Lower on Wednesday
News 10:04 AM - 2025-10-15
PUKMEDIA
Oil prices.
Oil prices slipped on Wednesday as market concerns grew over rising global supply and slowing demand.
Brent crude traded at around $62.31 per barrel, while WTI stood near $58.69. Analysts said increased output from major producers and weaker economic signals have weighed on prices.
Oil market trends remain crucial for Iraq and the Kurdistan Region, where energy revenues form a cornerstone of public finances.
PUKMEDIA
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