Front Month ICE Brent Crude for Sept. (new front month) delivery gained $2.53 per barrel, or 2.32% to $111.63 this week
--Largest one week net and percentage gain since the week ending May 27, 2022
--Up seven of the past 10 weeks
--Today it is up $2.60 or 2.38%
--Snaps a two session losing streak
--Up four of the past six sessions
--Lowest settlement value since Thursday, June 23, 2022
--Off 12.78% from its 52-week high of $127.98 hit Tuesday, March 8, 2022
--Up 71.26% from its 52-week low of $65.18 hit Friday, Aug. 20, 2021
--Rose 46.55% from 52 weeks ago
--Off 12.78% from its 2022 settlement high of $127.98 hit Tuesday, March 8, 2022
--Up 41.34% from its 2022 settlement low of $78.98 hit Monday, Jan. 3, 2022
--Off 23.58% from its record high of $146.08 hit Thursday, July 3, 2008
--Year-to-date it is up $33.85 or 43.52%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
07-01-22 1508ET
