Oil worker in southern Iraq
Economy News Baghdad:
LONDON (Reuters) - Oil prices on Tuesday rose 20 cents on the world market as OPEC and Nigeria demanded Libya comply with a cut production agreement.
At 10 am Baghdad, the price of a barrel of Brent oil was 52.42 dollars, while the price of crude oil, "West Texas" $ 49.91 dollars.
Basra oil is sold at $ 42.23 while Kirkuk oil at $ 39.47.
Experts predicted that oil prices will rise in the coming days because of the commitment of the OPEC countries to the decision to reduce production, in addition to the major skirmishes in Venezuela.