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Basrah Crude: Heavy Losses

بڵاوکراوەتەوە لە : 6 تەمموز 2024

Basrah Crude: Heavy Losses

قەبارەی دەقەکان

قەبارەی دەقەکان

Basrah heavy crude recorded slight losses, while medium crude recorded slight gains during the past week, with global oil recording gains for the fourth week in a row.

Basrah Heavy crude concluded its latest session on Friday with an decrease of $0.42, closing at $82.98. This downturn resulted in a weekly loss of $0.73 or 0.87%.

Basrah Medium crude dropped by $0.42, settling at $85.56 in its recent session. Its weekly gains amounted to $0.27 or 0.87%.

On Friday, Brent crude futures fell 89 cents, or 1.02%, to settle at $86.54 a barrel, after reaching their highest level since April earlier in the session. U.S. West Texas Intermediate (WTI) crude futures settled at $83.16 a barrel, down 72 cents, or 0.9%.

For the week, Brent crude posted a gain of 0.4%, while WTI futures rose 2.1%.

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