Front Month ICE Brent Crude Fell 0.20% This Week to Settle at $82.79 — Data Talk
Front Month ICE Brent Crude for July delivery lost 17 cents per barrel, or 0.20% to $82.79 this week
--Down for two consecutive weeks
--Down $6.71 or 7.50% over the last two weeks
--Largest two week net and percentage decline since the week ending Nov. 10, 2023
--Down four of the past five weeks
--Today it is down $1.09 or 1.30%
--Largest one day dollar and percentage decline since Wednesday, May 1, 2024
--Snaps a two session winning streak
--Lowest settlement value since Tuesday, March 12, 2024
--Off 14.25% from its 52-week high of $96.55 hit Wednesday, Sept. 27, 2023
--Up 15.24% from its 52-week low of $71.84 hit Monday, June 12, 2023
--Rose 11.62% from 52 weeks ago
--Off 9.19% from its 2024 settlement high of $91.17 hit Friday, April 5, 2024
--Up 9.09% from its 2024 settlement low of $75.89 hit Tuesday, Jan. 2, 2024
--Off 43.33% from its record high of $146.08 hit Thursday, July 3, 2008
--Month-to-date it is down 5.77%
--Year-to-date it is up $5.75 or 7.46%
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 10, 2024 15:23 ET (19:23 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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