Eco
Basra's heavy and medium crude oils closed the week with notable gains, supported by price increases in the final trading session, coinciding with a rise in crude oil futures in global markets. The heavy Basra crude rose by $3.46 per barrel, or 4.99%, closing at $74.22 per barrel. This marked a weekly gain of $4.14, equivalent to 5.91%, compared to its level at the start of the week at $70.08 per barrel. Similarly, the medium Basra crude increased by the same amount of $3.46 per barrel, or 4.63%, closing at $78.22 per barrel. It recorded weekly gains of $5.14, or 7.03%, compared to its level at the beginning of the week, which was $73.08 per barrel.
