Shafaq News/ Basra's heavy crude exported to Asia on Tuesday dropped 5.45%, equivalent to $5.96, settling at $103.34 a barrel.

The Saudi Arab light crude rested at $112.37 a barrel, while UAE's Murban Mixture and the Algerian Saharan blend registered $112.25 and $117.39 a barrel, respectively.

A barrel of Bonny light (Nigeria) settled at $118.60, while Angola's Girasol registered $116.52 and Iran's Heavy oil 110.28$.