What was the weekly percentage change in Dated Brent crude oil prices, and what factor drove the volatility?

Dated Brent crude oil prices rose 4.6% weekly, closing at $97.84/bbl on Friday, up from $93.56/bbl the previous Friday, with a weekly average of $99.13/bbl — an increase of 0.7% — according to Platts; the price volatility during the week ending June 5 was driven by shifting perceptions of the status of negotiations between the US and Iran.

What was the weekly average Dated Brent price, and how did it compare to the prior week?

The weekly average Dated Brent price was $99.13/bbl, which was 0.7% higher than the prior week’s average, as reported by Platts in the market analysis.

Crude Oil Prices Rise 4.6% Weekly Amid US-Iran Tensions

Jun 9, 2026

Crude oil prices rose 4.6% weekly to $97.84/bbl following volatility in US-Iran negotiations. The weekly average closed at $99.13 per barrel according to Platts market analysis.

chemweek

2026-06-09

Crude Oil Prices Rise 4.6% Weekly Amid US-Iran Tensions

Crude Oil Prices Rise 4.6% Weekly Amid US-Iran Tensions

FAQ