Basra Light Crude achieves weekly profits

Photo Credit: Shafaq News

On Saturday, the global oil market data reported that the price of Basra Light oil achieved profits of 81 cents per barrel during the past week.

Basra crude rose in its last session before closing on Friday by 70 cents to reach $84.59 and achieved weekly gains of 81 cents, or 97%.

Although the price of Basra Heavy crude fell in its last session by $1.26 to reach $78.47, it also recorded weekly gains of 21 cents or 0.27%.

Brent crude also rose in its last session by 1.09% to reach 85.53 dollars and achieved weekly profits of 67 cents, or 0.79% in a week.



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