Basra crude "heavy and medium" achieved weekly gains exceeding 2%, in light of global oil prices achieving gains for the second week in a row. Basra heavy crude closed in its last session yesterday, Friday, with an increase of 49 cents to reach $ 69.39 per barrel, recording weekly gains of $ 2.3, equivalent to 2.92%. Basra medium crude also closed in its last session with an increase of 49 cents to reach $ 72.39 per barrel, achieving weekly gains of $ 2.3, or 2.92%. Despite the decline in oil prices at the end of trading yesterday, Friday, they recorded gains for the second week in a row, supported by the reduction of US interest rates and the decline in global inventories. Brent crude achieved weekly gains of 4%, while West Texas Intermediate crude recorded weekly gains of 4.9%. Source: National Iraqi News Agency
Arab Conference on Sports Law Explores Future of Sports Arbitration
Cairo:The Arab Administrative Development Organization (ARADO) has inaugurated the fifth Arab Conference on Sports Law in Cairo, focusing on ‘The Future of Sports Arbitration in Light of Developments in FIFA Regulations and European Jurisprudence.’ Th…