Front Month Nymex Crude for Feb. delivery gained $6.09 per barrel, or 8.26% to $79.86 this week
--Largest one week net and percentage gain since the week ending Oct. 7, 2022
--Up four of the past five weeks
--Today it is up $1.47 or 1.88%
--Up for seven consecutive sessions
--Up $7.02 or 9.64% over the last seven sessions
--Largest seven day dollar and percentage gain since Tuesday, Oct. 11, 2022
--Longest winning streak since Thursday, Dec. 30, 2021, when the market rose for seven straight sessions
--Highest settlement value since Friday, Dec. 30, 2022
--Off 35.44% from its 52-week high of $123.70 hit Tuesday, March 8, 2022
--Up 12.45% from its 52-week low of $71.02 hit Friday, Dec. 9, 2022
--Down 4.72% from 52 weeks ago
--Up 9.64% from its 2023 settlement low of $72.84 hit Wednesday, Jan. 4, 2023
--Off 45.03% from its record high of $145.29 hit Thursday, July 3, 2008
--Month-to-date it is down 0.50%
--Year-to-date it is down 40.00 cents or 0.50%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
01-13-23 1501ET
