Basra: Basra Heavy and Medium crude prices recorded gains for the second consecutive week on Saturday. Basra Heavy crude closed its last session up $2.24, reaching $70.04, recording weekly gains of $1.82, or 2.67%.

According to National Iraqi News Agency, Basra Medium crude closed its last session up $2.24, reaching $73.09, recording weekly gains of $2.26, or 3.19%.