Front Month ICE Brent Crude for July delivery lost 84 cents per barrel, or 0.75% to $111.55 this week
--Largest one week net and percentage decline since the week ending April 22, 2022
--Snaps a two week winning streak
--Today it is up $4.10 or 3.82%
--Up two of the past three sessions
--Highest settlement value since Friday, May 6, 2022
--Off 12.84% from its 52-week high of $127.98 hit Tuesday, March 8, 2022
--Up 71.33% from its 52-week low of $65.11 hit Thursday, May 20, 2021
--Rose 62.35% from 52 weeks ago
--Off 12.84% from its 2022 settlement high of $127.98 hit Tuesday, March 8, 2022
--Up 41.24% from its 2022 settlement low of $78.98 hit Monday, Jan. 3, 2022
--Off 23.64% from its record high of $146.08 hit Thursday, July 3, 2008
--Month-to-date it is up 2.02%
--Year-to-date it is up $33.77 or 43.42%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
05-13-22 1514ET