Front Month Nymex Crude for July delivery gained $1.29 per barrel, or 1.85% to $70.91 this week
--Up for three consecutive weeks
--Up $7.33 or 11.53% over the last three weeks
--Largest three week gain since the week ending Nov. 27, 2020
--Largest three week percentage gain since the week ending Feb. 19, 2021
--Up six of the past seven weeks
--Today it is up 62.00 cents or 0.88%
--Up for two consecutive sessions
--Up 95.00 cents or 1.36% over the last two sessions
--Largest two day dollar and percentage gain since Thursday, June 3, 2021
--Up three of the past four sessions
--A new 52-week high
--Highest settlement value since Tuesday, Oct. 16, 2018
--Up 98.13% from its 52-week low of $35.79 hit Friday, Oct. 30, 2020
--Rose 95.56% from 52 weeks ago
--Up 48.91% from its 2021 settlement low of $47.62 hit Monday, Jan. 4, 2021
--Off 51.19% from its record high of $145.29 hit Thursday, July 3, 2008
--Month-to-date it is up 6.92%
--Year-to-date it is up $22.39 or 46.15%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
06-11-21 1507ET
