Front Month Nymex Crude for April delivery gained $4.59 per barrel, or 7.46% to $66.09 this week
--Largest one week net and percentage gain since the week ending Feb. 5, 2021
--Up for two consecutive weeks
--Up $6.85 or 11.56% over the last two weeks
--Largest two week net and percentage gain since the week ending Feb. 12, 2021
--Up four of the past five weeks
--Today it is up $2.26 or 3.54%
--Up for three consecutive sessions
--Up $6.34 or 10.61% over the last three sessions
--Largest three day dollar gain since Monday, May 18, 2020
--Largest three day percentage gain since Wednesday, Nov. 11, 2020
--A new 52-week high
--Highest settlement value since Tuesday, April 23, 2019
--Rose 60.10% from 52 weeks ago
--Up 38.79% from its 2021 settlement low of $47.62 hit Monday, Jan. 4, 2021
--Off 54.51% from its record high of $145.29 hit Thursday, July 3, 2008
--Year-to-date it is up $17.57 or 36.21%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
03-05-21 1503ET