Front Month ICE Brent Crude for Aug. delivery gained 82 cents per barrel, or 1.13% to $73.51 this week
--Up for four consecutive weeks
--Up $7.98 or 10.64% over the last four weeks
--Largest four week gain since the week ending March 5, 2021
--Largest four week percentage gain since the week ending March 12, 2021
--Longest winning streak since the week ending March 5, 2021 when the market rose for seven straight weeks
--Up seven of the past eight weeks
--Today it is up 43.00 cents or 0.59%
--Up six of the past seven sessions
--Today's settlement value is the third highest this year
--Off 1.18% from its 52-week high of $74.39 hit Wednesday, June 16, 2021
--Up 96.24% from its 52-week low of $37.46 hit Friday, Oct. 30, 2020
--Rose 74.24% from 52 weeks ago
--Off 1.18% from its 2021 settlement high of $74.39 hit Wednesday, June 16, 2021
--Up 43.88% from its 2021 settlement low of $51.09 hit Monday, Jan. 4, 2021
--Off 49.68% from its record high of $146.08 hit Thursday, July 3, 2008
--Month-to-date it is up 6.04%
--Year-to-date it is up $21.71 or 41.91%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
06-18-21 1510ET