Eco
Basra's heavy and medium crude oils recorded notable weekly gains, despite their decline in the last trading session. While current market data showed a continued decrease in Basra crude prices, subsequent global figures indicated higher price levels. Basra Heavy crude fell by 92 cents per barrel, or 1.51%, closing at $61.38 per barrel in its latest trading. However, it secured weekly gains of $6.59, equivalent to a 12.03% increase compared to its starting price of $54.79 per barrel at the week's onset. Similarly, Basra Medium crude decreased by 94 cents per barrel, or 1.43%, to close at $64.68 per barrel. Despite this, it achieved weekly gains of $7.59, an increase of 13.29% relative to its opening price of $57.09 per barrel for the week.
