Basra crude closed down, but recorded its first weekly gains in a month.
Basra Heavy crude closed in its last session on Friday, down by 6 cents, to reach $72.03, but it recorded a weekly gain of $1.29, or 1.82%.
While Basra Intermediate crude closed down in its last session, also by 6 cents, to reach 75.18 dollars, but it also recorded weekly gains amounting to 1.29 dollars, or the equivalent of 1.75%.
As for Brent crude, it closed in its last session on Friday, down by 28 cents, to reach $75.58, and recorded a weekly gain of $1.41, or 1.9%.
West Texas Intermediate (WTI) crude closed down in its last session on Friday, also by 31 cents, to reach $71.55 a barrel, and recorded a weekly gain of $1.51, or 2.16%.
Crude oil prices fell on Friday due to a temporary halt to debt ceiling talks between Republicans and Democrats, however, a White House official stated that reaching an agreement was still possible.
Source: National Iraqi News Agency