Shafaq News/ Basra's heavy crude exported to Asia on Wednesday gained 0.14%, equivalent to $0.16, settling at $111.60 a barrel.
The Saudi Arab light crude rested at $118.73 a barrel, while UAE's Murban Mixture and the Algerian Saharan blend registered $118.86 and $125.62 a barrel, respectively. A barrel of Bonny light (Nigeria) settled at $126.38, while Iran's heavy blend registered $116.19.