Front Month ICE Brent Crude Fell 5.69% This Week to Settle at $86.15 -- Data Talk

Front Month ICE Brent Crude for Nov. delivery lost $5.20 per barrel, or 5.69% to $86.15 this week

--Largest one week net and percentage decline since the week ending Sept. 2, 2022

--Down for four consecutive weeks

--Down $14.84 or 14.69% over the last four weeks

--Largest four week net decline since the week ending July 8, 2022

--Largest four week percentage decline since the week ending Dec. 3, 2021

--Longest losing streak since the week ending Dec. 3, 2021, when the market fell for six straight weeks

--Down five of the past six weeks

--Today it is down $4.31 or 4.76%

--Largest one day dollar and percentage decline since Wednesday, Sept. 7, 2022

--Down three of the past four sessions

--Lowest settlement value since Friday, Jan. 14, 2022

--Off 32.68% from its 52-week high of $127.98 hit Tuesday, March 8, 2022

--Up 25.09% from its 52-week low of $68.87 hit Wednesday, Dec. 1, 2021

--Rose 10.32% from 52 weeks ago

--Off 32.68% from its 2022 settlement high of $127.98 hit Tuesday, March 8, 2022

--Up 9.08% from its 2022 settlement low of $78.98 hit Monday, Jan. 3, 2022

--Off 41.03% from its record high of $146.08 hit Thursday, July 3, 2008

--Month-to-date it is down 10.72%

--Year-to-date it is up $8.37 or 10.76%

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

Source: Dow Jones Market Data

(END) Dow Jones Newswires

09-23-22 1514ET