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Front Month ICE Brent Crude Fell 2.39% This Week to Settle at $69.88 -- Data Talk

12/03/2021 | 03:12pm EST

Front Month ICE Brent Crude for Feb. delivery lost $1.71 per barrel, or 2.39% to $69.88 this week

--Down for six consecutive weeks

--Down $15.65 or 18.30% over the last six weeks

--Largest six week net decline since the week ending April 17, 2020

--Largest six week percentage decline since the week ending April 24, 2020

--Longest losing streak since the week ending Nov. 30, 2018, when the market fell for eight straight weeks

--Today it is up 21.00 cents or 0.30%

--Up for two consecutive sessions

--Up $1.01 or 1.47% over the last two sessions

--Largest two day dollar and percentage gain since Wednesday, Nov. 24, 2021

--Off 19.12% from its 52-week high of $86.40 hit Tuesday, Oct. 26, 2021

--Up 43.23% from its 52-week low of $48.79 hit Monday, Dec. 7, 2020

--Rose 41.89% from 52 weeks ago

--Off 19.12% from its 2021 settlement high of $86.40 hit Tuesday, Oct. 26, 2021

--Up 36.78% from its 2021 settlement low of $51.09 hit Monday, Jan. 4, 2021

--Off 52.16% from its record high of $146.08 hit Thursday, July 3, 2008

--Year-to-date it is up $18.08 or 34.90%

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

Source: Dow Jones Market Data

(END) Dow Jones Newswires

12-03-21 1511ET

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