Front Month ICE Brent Crude for Oct. delivery lost $9.05 per barrel, or 8.70% to $94.92 this week
--Largest one week net and percentage decline since the week ending April 1, 2022
--Snaps a two week winning streak
--Down four of the past six weeks
--Today it is up 80.00 cents or 0.85%
--Largest one day dollar and percentage gain since Friday, July 29, 2022
--Snaps a two session losing streak
--Off 25.83% from its 52-week high of $127.98 hit Tuesday, March 8, 2022
--Up 45.63% from its 52-week low of $65.18 hit Friday, Aug. 20, 2021
--Rose 34.26% from 52 weeks ago
--Off 25.83% from its 2022 settlement high of $127.98 hit Tuesday, March 8, 2022
--Up 20.18% from its 2022 settlement low of $78.98 hit Monday, Jan. 3, 2022
--Off 35.02% from its record high of $146.08 hit Thursday, July 3, 2008
--Year-to-date it is up $17.14 or 22.04%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
08-05-22 1512ET