Basrah crude extends weekly gains despite global dip
2025-08-30T06:15:58+00:00
Shafaq News – Baghdad
Iraq’s Basrah crude grades rose for a third consecutive week, with global oil prices closing lower in the latest trading session.
Basrah Heavy settled on Friday at $66.91 per barrel, up 94 cents or 0.83%. Basrah Medium also climbed, gaining 91 cents to $70.11 per barrel, recording a weekly increase of 20 cents, or 0.29%.
International benchmarks closed the week modestly higher. Brent crude added about 0.6%, while US West Texas Intermediate (WTI) gained 0.8%.
