Baghdad: Basra crude recorded weekly gains of more than 3%, with global oil recording strong weekly gains for Brent and West Texas Intermediate crudes. Basra Heavy crude closed in its last session yesterday, Friday, up 49 cents to reach $82.71, and recorded weekly gains of $3.27, equivalent to 3.23%. While Basra Medium crude closed in its last session up 49 cents to reach $85.56, and also recorded weekly gains of $3.27, or 3.30%. Global oil prices fell by 1% at the end of trading yesterday, Friday, but recorded strong weekly gains for Brent and West Texas Intermediate crudes. Brent crude recorded weekly gains of 3.1%, while West Texas Intermediate crude recorded weekly gains of 3.4%. Source: National Iraqi News Agency
Recent Post
Kuwait Bourse Ends Trading Session with Marginal Decline
June 15, 2026
Egypt, UAE Presidents Discuss Ties, Region
June 15, 2026
DR Congo Reports 181 Ebola Deaths
June 15, 2026
US Stocks Open Higher on US-Iran Agreement
June 15, 2026