Shafaq News – Basra
Basrah crude grades closed the week with slight gains after rising in their final trading session.
Basrah Heavy added $1.06 to settle at $62.07 per barrel, ending the week up $0.34, or 0.55%.
Basrah Medium also gained $1.06 in its last session, reaching $63.92 per barrel, and posted weekly gains of $0.34, or 0.53%.
Global oil benchmarks also advanced after a Ukrainian strike on a major Russian oil facility, with Brent finishing the week up 1.19% and US crude up 0.57%.