Front Month ICE Brent Crude for July delivery gained $6.88 per barrel, or 6.11% to $119.43 this week


--Largest one week net and percentage gain since the week ending April 14, 2022

--Up for two consecutive weeks

--Up $7.88 or 7.06% over the last two weeks

--Largest two week net and percentage gain since the week ending March 25, 2022

--Up four of the past five weeks

--Today it is up $2.03 or 1.73%

--Up for seven consecutive sessions

--Up $10.32 or 9.46% over the last seven sessions

--Largest seven day dollar gain since Monday, April 18, 2022

--Largest seven day percentage gain since Thursday, April 21, 2022

--Longest winning streak since Wednesday, Feb. 10, 2021, when the market rose for nine straight sessions

--Up nine of the past 11 sessions

--Today's settlement value is the fifth highest this year

--Highest settlement value since Friday, March 25, 2022

--Off 6.68% from its 52-week high of $127.98 hit Tuesday, March 8, 2022

--Up 83.23% from its 52-week low of $65.18 hit Friday, Aug. 20, 2021

--Rose 71.52% from 52 weeks ago

--Off 6.68% from its 2022 settlement high of $127.98 hit Tuesday, March 8, 2022

--Up 51.22% from its 2022 settlement low of $78.98 hit Monday, Jan. 3, 2022

--Off 18.24% from its record high of $146.08 hit Thursday, July 3, 2008

--Month-to-date it is up 9.23%

--Year-to-date it is up $41.65 or 53.55%


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


Source: Dow Jones Market Data


(END) Dow Jones Newswires

05-27-22 1516ET