Front Month ICE Brent Crude for Aug. delivery gained $6.90 per barrel, or 6.39% to $114.81 this quarter
--Up for two consecutive quarters
--Up $37.03 or 47.61% over the last two quarters
--Largest two quarter gain since the second quarter of 2008
--Largest two quarter percentage gain since the first quarter of 2021
--Up six of the past seven quarters
--This month it is down $8.03 or 6.54%
--Largest one month net and percentage decline since Nov. 2021
--Snaps a six month winning streak
--Today it is down $1.45 or 1.25%
--Down for two consecutive sessions
--Down $3.17 or 2.69% over the last two sessions
--Largest two day dollar and percentage decline since Thursday, June 23, 2022
--Off 10.29% from its 52-week high of $127.98 hit Tuesday, March 8, 2022
--Up 76.14% from its 52-week low of $65.18 hit Friday, Aug. 20, 2021
--Rose 51.38% from 52 weeks ago
--Off 10.29% from its 2022 settlement high of $127.98 hit Tuesday, March 8, 2022
--Up 45.37% from its 2022 settlement low of $78.98 hit Monday, Jan. 3, 2022
--Off 21.41% from its record high of $146.08 hit Thursday, July 3, 2008
--Year-to-date it is up $37.03 or 47.61%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
06-30-22 1517ET