Basrah crudes post weekly gains
2025-12-27T06:50:06+00:00
Shafaq News – Basrah
Basra’s crude benchmarks closed higher this week, with both Heavy and Medium grades posting gains of nearly 4% in Friday’s trading session.
Basra Heavy rose $2.28 to settle at $58.65 a barrel, up 4.04% for the week. Basra Medium recorded the same increase, finishing at $61.20 a barrel for a 3.87% weekly rise.
Globally, Brent crude settled at $60.64 a barrel, up $1.60, or 2.57%. US West Texas Intermediate (WTI) crude finished at $56.74 a barrel, gaining $1.61, or 2.76%.
