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Basra Crude Ends Weekly Trading with Slight Loss Amid Global Price Rises
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Basra Crude Ends Weekly Trading with Slight Loss Amid Global Price Rises

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MN Iraq News Editorial Team
Oct 31, 2026 1 min read
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mniraq - Basra heavy and medium crudes ended the week's trading with a slight weekly loss, despite registering gains in the final session in conjunction with rising oil prices in global markets.


Basra Heavy recorded an increase in the last trading session to close at $74.12 per barrel, achieving a slight weekly loss compared to the beginning of the week, while Basra Medium rose to close at $78.10 per barrel with a similar weekly loss.


At the level of global markets, futures contracts for West Texas Intermediate and Brent crude recorded notable gains supported by global trading activity.