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Category: Industry

Basra crude oil achieves weekly profits and gains

Baghdad, Basra crude oil, heavy and medium, achieved weekly profits and gains for the fourth week in a row, with global oil prices also recording gains for the fourth month in a row.

Basra Heavy crude closed in its last session yesterday, Friday, at …

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Kuwaiti Oil Rises $1.22

Kuwait: The price of Kuwaiti oil rose by $1.22 to reach $91.43 per barrel in trading yesterday, Friday, compared to $90.21 in trading Thursday, Kuwait Petroleum Corporation said today.

In global markets, Brent crude futures rose $0.52 to reach $91.17…

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