Basra:Basra Heavy and Basra Medium crude grades have experienced notable weekly gains, aligning with a rise in crude oil futures within global markets.

According to National Iraqi News Agency, in the latest trading session, Basra Heavy crude increased by $3.46 per barrel, closing at $74.22 per barrel. This marks a weekly gain of $4.14, up from $70.08 per barrel at the beginning of the week.

Similarly, Basra Medium crude saw an increase of $3.46 per barrel, closing at $78.22 per barrel. This represents a weekly gain of $5.14, compared to its starting level of $73.08 per barrel at the week’s commencement.