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Basra Crude Prices Decline Amid Global Oil Market Volatility

Basra: Basra crude oil, both heavy and medium, closed with fluctuating prices over the week. Basra Heavy crude oil closed down 37 cents at $59.62 in its last trading session on Friday, recording a weekly loss of 75 cents, or 1.24%.

According to National Iraqi News Agency, Basra Medium crude oil also closed down 37 cents at $61.37 in its last trading session, but recorded a slight weekly gain of 3 cents, or 0.05%.