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Front Month ICE Brent Crude Fell 2.21% This Week to Settle at $82.12 — Data Talk

Front Month ICE Brent Crude for July delivery lost $1.86 per barrel, or 2.21% to $82.12 this week

 

--Largest one week net and percentage decline since the week ending May 3, 2024

--Down five of the past seven weeks

--Today it is up 76.00 cents or 0.93%

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

--Snaps a four session losing streak

--Off 14.95% from its 52-week high of $96.55 hit Wednesday, Sept. 27, 2023

--Up 14.31% from its 52-week low of $71.84 hit Monday, June 12, 2023

--Rose 6.72% from 52 weeks ago

--Off 9.93% from its 2024 settlement high of $91.17 hit Friday, April 5, 2024

--Up 8.21% from its 2024 settlement low of $75.89 hit Tuesday, Jan. 2, 2024

--Off 43.78% from its record high of $146.08 hit Thursday, July 3, 2008

--Month-to-date it is down 6.53%

--Year-to-date it is up $5.08 or 6.59%

 

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 24, 2024 15:14 ET (19:14 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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