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Basra Crude Records Gains for Second Week


Basra: Basra Heavy and Medium crude oils ended the week higher, recording new gains for the second week in a row. Basra Heavy crude closed yesterday, Friday, up 81 cents, reaching $66.36 per barrel, recording weekly gains of $1.04, or 1.59%.

According to National Iraqi News Agency, Basra Medium crude oil closed up $1.11, reaching $69.91, recording weekly gains of $1.93, or 2.84%.