Basra Heavy and Medium crude oil experienced weekly increases above 2% as world oil prices continued to rise for the second week in a succession.
Recording week after week gains of $2.3, equivalent to 2.92%, Basra Weighty unrefined shut in its previous meeting yesterday, Friday, up 49 cents to reach $69.39 per barrel.
Basra Medium Medium rough shut in its last meeting at 49 pennies to reach $72.39 per barrel, so attaining week after week profits of $2.3, comparable to 2.92%.