Front Month ICE Brent Crude for Sept. delivery gained $1.20 per barrel, or 1.60% to $76.33 this month
--Up for four consecutive months
--Up $12.79 or 20.13% over the last four months
--Largest four month net and percentage gain since May 2021
--Longest winning streak since Feb. 2021 when the market rose for four straight months
--Up eight of the past nine months
--This week it is up $2.23 or 3.01%
--Largest one week net and percentage gain since the week ending June 25, 2021
--Up for two consecutive weeks
--Up $2.74 or 3.72% over the last two weeks
--Largest two week net and percentage gain since the week ending June 25, 2021
--Today it is up 28.00 cents or 0.37%
--Up for three consecutive sessions
--Up $1.85 or 2.48% over the last three sessions
--Largest three day dollar and percentage gain since Monday, July 26, 2021
--Up eight of the past nine sessions
--Today's settlement value is the third highest this year
--Highest settlement value since Tuesday, July 13, 2021
--Off 1.08% from its 52-week high of $77.16 hit Monday, July 5, 2021
--Up 103.76% from its 52-week low of $37.46 hit Friday, Oct. 30, 2020
--Rose 76.28% from 52 weeks ago
--Off 1.08% from its 2021 settlement high of $77.16 hit Monday, July 5, 2021
--Up 49.40% from its 2021 settlement low of $51.09 hit Monday, Jan. 4, 2021
--Off 47.75% from its record high of $146.08 hit Thursday, July 3, 2008
--Year-to-date it is up $24.53 or 47.36%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
07-30-21 1514ET