Front Month Nymex Crude for June delivery gained $1.32 per barrel, or 2.08% to $64.90 this week

--Up for two consecutive weeks

--Up $2.76 or 4.44% over the last two weeks

--Largest two week net and percentage gain since the week ending April 23, 2021

--Up three of the past four weeks

--Today it is up 19.00 cents or 0.29%

--Snaps a two session losing streak

--Up eight of the past 12 sessions

--Off 1.80% from its 52-week high of $66.09 hit Friday, March 5, 2021

--Up 168.85% from its 52-week low of $24.14 hit Monday, May 11, 2020

--Rose 162.33% from 52 weeks ago

--Off 1.80% from its 2021 settlement high of $66.09 hit Friday, March 5, 2021

--Up 36.29% from its 2021 settlement low of $47.62 hit Monday, Jan. 4, 2021

--Off 55.33% from its record high of $145.29 hit Thursday, July 3, 2008

--Year-to-date it is up $16.38 or 33.76%

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

Source: Dow Jones Market Data

(END) Dow Jones Newswires

05-07-21 1508ET