2024-04-06T05:26:26+00:00
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/ Basra crude achieved weekly gains for the fourth consecutive week, with global oil prices also recording gains for the fourth month in a row.
Basra Heavy crude closed in its last session yesterday, Friday, at an increase of $1.46, reaching $86.83, and recorded weekly gains of $3.36, equivalent to 4.03%.
While Basra Average crude closed in its last session at an increase of $1.46, reaching $89.78, and also recorded weekly gains amounting to $3.48, or 4.03%.
Global oil prices continued their gains yesterday, Friday, and headed for a fourth weekly gain, supported by geopolitical tensions in Europe and the Middle East, concerns about tightening supply, and optimism about the growth of global demand for fuel as economies improve.