Shafaq News/ Basra's heavy crude exported to Asia on Wednesday dropped by 1.47%, equivalent to $1.59, settling at $106.27 a barrel.

The Saudi Arab light crude rested at  $117.20 a barrel, while UAE's Murban Mixture and the Algerian Saharan blend registered $110.95 and $108.03 a barrel, respectively. A barrel of Bonny light (Nigeria) reported $106.80, while Iran's heavy blend and Angola's Girassol registered $105.69 and $105.60, respectively.