Shafaq News – Basra: Basra Heavy and Basra Medium crude oils recorded significant weekly losses, despite rising oil prices in global markets at the close of trading this week, following a period of market volatility. Basra Heavy crude fell by $1.89 per barrel, or 3.25%, to close at $56.21 per barrel, registering a weekly loss of $9.61, or 14.60%, compared to the beginning of the week. Basra Medium crude also declined by $1.89 per barrel, or 3.13…
Shafaq News – Basra: Basra Heavy and Basra Medium crude oils recorded significant weekly losses, despite rising oil prices in global markets at the close of trading this week, following a period of market volatility. Basra Heavy crude fell by $1.89 per barrel, or 3.25%, to close at $56.21 per barrel, registering a weekly loss of $9.61, or 14.60%, compared to the beginning of the week. Basra Medium crude also declined by $1.89 per barrel, or 3.13…