Shafaq News/ Basra's heavy crude exported to Asia on Thursday dropped by 2.37%, equivalent to $2.67, settling at $110.14 a barrel.
The Saudi Arab light crude rested at $119.09 a barrel, while UAE's Murban Mixture and the Algerian Saharan blend registered $119.80 and $125.83 a barrel, respectively. A barrel of Bonny light (Nigeria) settled at $126.04, while Iran's heavy blend registered $114.61.