As reported by the Iranian Ministry of Petroleum, in the seven days leading to September 08, Iran’s light crude prices grew by $1.48 climbing to 52 dollars and 41 cents a barrel while the average figure for Iranian crude has been $49.17 since the beginning of the year 2017.
In the meantime, price figures for heavy crude of Iran moved up to 50 dollars and 69 cents indicating a $2.18 upswing as compared the earlier week.
The price of OPEC basket also rocketed by 2.12 cents surging to a $51.68 per barrel.
Over the same time span, WTI and Brent crude oil prices grew larger by $1.64 and $1.66 cents mounting up to $48.34 and $53.94 respectively.
Dubai and Oman crude oil barrels were also traded at $52.52 and $52.38 in the week leading to September 08 after respectively snowballing by $2.15 and $2.26 cents.