2023-12-23T06:20:58+00:00
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Basra crude achieved slight weekly gains, after global oil prices witnessed weekly gains since last October.
Basra Heavy crude closed in its last session yesterday, Friday, at an increase of 46 cents, reaching $74.16, and recorded weekly gains of $1.49, equivalent to 2.04%.
While Basra Average crude closed in its last session at an increase of 46 cents, reaching $77.16, and also recorded weekly gains amounting to $1.49, or the equivalent of 1.97%.
Global oil prices rose yesterday, Friday, by up to 1 percent, recording the largest weekly gain since October, reaching more than 4 percent, as attacks in the Red Sea forced hundreds of ships to take safer but longer routes, delaying the delivery of oil shipments.
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