Basra Heavy and Medium crude recorded strong weekly gains, supported by supply concerns and shipping constraints through the Strait of Hormuz.
Basra Heavy rose by $3.84 to $114.97 per barrel, with weekly gains of $6.82.
Basra Medium reached $117.07 per barrel with similar gains.
Globally, US crude rose to $98.5 and Brent to $96.85 per barrel.
