December 9, 2025

Oil Prices Fall 2 Percent as Iraq Restarts Production

Doha: Oil prices slipped 2 percent on Monday after Iraq resumed output from one of its fields, which accounts for about 0.5 percent of global supply. Brent crude futures fell $1.26, or 1.98 percent, to settle at $62.49 a barrel. US West Texas Intermed…