Shafaq News/ Basra's heavy crude exported to Asia on Wednesday dropped 0.40%, equivalent to $0.41, settling at $102.78 a barrel.

The Saudi Arab light crude rested at $109.86 a barrel, while UAE's Murban Mixture and the Algerian Saharan blend registered $110.45 and $117.78 a barrel, respectively. A barrel of Bonny light (Nigeria) settled at $118.01, while Iran's heavy blend registered $108.93.