Basra crude closed with large weekly gains, amounting to more than 9%, and Brent and American crude also closed with gains, with the rise in global oil prices.

Basra Heavy crude closed in its last session of yesterday, Friday, at an increase of 9 cents, to reach 80.63 dollars, and recorded a weekly gain of 6.72 dollars, equivalent to 9.09%.

While Basra Intermediate crude closed in its last session, up 9 cents, to reach 84.11 dollars, and also recorded weekly gains of 6.52 dollars, or the equivalent of 8.4%.

Source: National Iraqi News Agency