Front Month Nymex Crude for July delivery gained 73 cents per barrel, or 1.03% to $71.64 this week
--Up for four consecutive weeks
--Up $8.06 or 12.68% over the last four weeks
--Largest four week net and percentage gain since the week ending March 5, 2021
--Longest winning streak since the week ending Dec. 18, 2020, when the market rose for seven straight weeks
--Up seven of the past eight weeks
--Today it is up 60.00 cents or 0.84%
--Up five of the past seven sessions
--Today's settlement value is the third highest this year
--Off 0.71% from its 52-week high of $72.15 hit Wednesday, June 16, 2021
--Up 100.17% from its 52-week low of $35.79 hit Friday, Oct. 30, 2020
--Rose 80.23% from 52 weeks ago
--Off 0.71% from its 2021 settlement high of $72.15 hit Wednesday, June 16, 2021
--Up 50.44% from its 2021 settlement low of $47.62 hit Monday, Jan. 4, 2021
--Off 50.69% from its record high of $145.29 hit Thursday, July 3, 2008
--Month-to-date it is up 8.02%
--Year-to-date it is up $23.12 or 47.65%
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 1503ET
