Front Month ICE Brent Crude Rose 1.44% This Week to Settle at $83.98 — Data Talk

Front Month ICE Brent Crude for July delivery gained $1.19 per barrel, or 1.44% to $83.98 this week

--Largest one week net and percentage gain since the week ending April 26, 2024

--Snaps a two week losing streak

--Today it is up 71.00 cents or 0.85%

--Largest one day dollar and percentage gain since Thursday, April 25, 2024

--Up for three consecutive sessions

--Up $1.60 or 1.94% over the last three sessions

--Largest three day dollar and percentage gain since Thursday, April 25, 2024

--Up six of the past eight sessions

--Highest settlement value since Tuesday, April 30, 2024

--Off 13.02% from its 52-week high of $96.55 hit Wednesday, Sept. 27, 2023

--Up 16.90% from its 52-week low of $71.84 hit Monday, June 12, 2023

--Rose 11.11% from 52 weeks ago

--Off 7.89% from its 2024 settlement high of $91.17 hit Friday, April 5, 2024

--Up 10.66% from its 2024 settlement low of $75.89 hit Tuesday, Jan. 2, 2024

--Off 42.51% from its record high of $146.08 hit Thursday, July 3, 2008

--Month-to-date it is down 4.42%

--Year-to-date it is up $6.94 or 9.01%

All prices are calculated based on the settlement price of the current front month contract.

Source: Dow Jones Market Data

(END) Dow Jones Newswires

May 17, 2024 15:18 ET (19:18 GMT)

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