For the fourth consecutive week, Basra crude oil saw weekly rises, and for the fourth consecutive month, global oil prices saw increases as well.
In its most recent session, which ended on Friday, Basra Heavy crude gained $1.46 to settle at $86.83. This represents a weekly gain of $3.36, or 4.03%.
Although Basra Average crude finished the previous session up $1.46 to close at $89.78, it also showed gains for the week of $3.48, or 4.03%.
