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Front Month ICE Brent Crude Rose 3.00% This Week to Settle at $84.86 -- Data Talk

10/15/2021 | 03:31pm EST

Front Month ICE Brent Crude for Dec. delivery gained $2.47 per barrel, or 3.00% to $84.86 this week

--Up for eight consecutive weeks

--Up $19.68 or 30.19% over the last eight weeks

--Longest winning streak since the week ending April 30, 1999 when the market rose for ten straight weeks

--Today it is up 86.00 cents or 1.02%

--Largest one day dollar and percentage gain since Monday, Oct. 11, 2021

--Up for two consecutive sessions

--Up $1.68 or 2.02% over the last two sessions

--Largest two day dollar and percentage gain since Monday, Oct. 11, 2021

--Up eight of the past 11 sessions

--A new 52-week high

--Highest settlement value since Tuesday, Oct. 9, 2018, when it settlementd at $85.00

--Up 126.53% from its 52-week low of $37.46 hit Friday, Oct. 30, 2020

--Rose 97.67% from 52 weeks ago

--Up 66.10% from its 2021 settlement low of $51.09 hit Monday, Jan. 4, 2021

--Off 41.91% from its record high of $146.08 hit Thursday, July 3, 2008

--Month-to-date it is up 8.07%

--Year-to-date it is up $33.06 or 63.82%

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

Source: Dow Jones Market Data

(END) Dow Jones Newswires

10-15-21 1530ET

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