Basra crude "heavy and medium" achieved weekly gains exceeding 8%, with global oil prices also recording significant weekly gains. Basra heavy crude closed in its last session yesterday, Friday, up $2.27 to reach $72.48, and recorded weekly gains of $6.34, equivalent to 8.47%. While Basra medium crude closed in its last session up $2.27 to reach $75.48, and recorded weekly gains of $6.34, equivalent to 8.11%. Global oil prices posted strong weekly gains of more than 9% for both crudes, as investors assessed the possibility of a wider conflict in the Middle East disrupting crude flows amid ample supplies in the global market. Source: National Iraqi News Agency
Ministry of Finance Unveils Unified Salary System Draft Law
November 2, 2026
Tripoli:The Ministry of Finance of the Government of National Unity has released a draft law for a unified salary system, which includes detailed provisions on salaries, allowances, and proposed pay scales across various job grades and categories with…