INSERT ... RETURNING as Oracle

Hi,

Sample table:

create table basket (
id serial NOT NULL PRIMARY KEY,
timestamp timestamp NOT NULL DEFAULT CURRENT_TIMESTAMP
);

Can I how to make in one step insert into the table and get values of 'ID' ?
I find similar solution then oracle's INSERT ... RETURNING.

If first make INSERT, and after SELECT MAX(ID), then result is uncertain.

my system version: 7.0.2

Thx,
Andras