Basra crude posts weekly $6 loss despite rise

Despite the rise in the prices of Basra Heavy and Medium crude during the last trading sessions, both recorded a weekly loss of approximately $6 each. Basra Heavy increased by $1.67 to close at $74.52, but it lost $5.37 (7.21%) compared to the beginning of the week. Similarly, Basra Medium rose by $1.67 to reach $77.82, also recording a weekly loss of $5.37 (6.90%).

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