News pity... Weekly Gains in Excess of $4 for Basra's Ore.

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Basra's heavy crude at the last trading session rose by $3.46 per barrel, or 4.99 per cent, to close at $74.22 per barrel, with a weekly gain of $4.14 per barrel, equivalent to $5.91 per cent, compared to the early week level of $70. At the global market, Basra's average crude rose by $3.46 per barrel, or $4.63 per barrel, to close at $78.22 per barrel, recording weekly gains of $5.14 per week, or 7.03 per cent, compared with the early week leve…