Front Month Nymex Crude Rose 2.30% This Week to Settle at $80.06 — Data Talk

Front Month Nymex Crude for June delivery gained $1.80 per barrel, or 2.30% to $80.06 this week

--Largest one week net and percentage gain since the week ending April 5, 2024

--Up for two consecutive weeks

--Up $1.95 or 2.50% over the last two weeks

--Largest two week net and percentage gain since the week ending April 12, 2024

--Up three of the past four weeks

--Today it is up 83.00 cents or 1.05%

--Largest one day dollar and percentage gain since Monday, May 13, 2024

--Up for three consecutive sessions

--Up $2.04 or 2.61% over the last three sessions

--Largest three day dollar and percentage gain since Thursday, April 4, 2024

--Up six of the past eight sessions

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

--Off 14.54% from its 52-week high of $93.68 hit Wednesday, Sept. 27, 2023

--Up 19.28% from its 52-week low of $67.12 hit Monday, June 12, 2023

--Rose 11.89% from 52 weeks ago

--Off 7.88% from its 2024 settlement high of $86.91 hit Friday, April 5, 2024

--Up 13.75% from its 2024 settlement low of $70.38 hit Tuesday, Jan. 2, 2024

--Off 44.90% from its record high of $145.29 hit Thursday, July 3, 2008

--Month-to-date it is down 2.28%

--Year-to-date it is up $8.41 or 11.74%

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 15:07 ET (19:07 GMT)

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