Shafaq News/ Basra's heavy crude exported to Asia on Tuesday gained 3.74%, equivalent to $4.02, settling at $111.44 a barrel.
The Saudi Arab light crude rested at $118.53 a barrel, while UAE's Murban Mixture and the Algerian Saharan blend registered $118.86 and $125.12 a barrel, respectively. A barrel of Bonny light (Nigeria) settled at $125.30, while Iran's heavy blend registered $115.73.