Front Month ICE Brent Crude Rose 2.53% This Week to Settle at $89.50 — Data Talk
Front Month ICE Brent Crude for June delivery gained $2.21 per barrel, or 2.53% to $89.50 this week
--Largest one week net and percentage gain since the week ending April 5, 2024
--Snaps a two week losing streak
--Up five of the past seven weeks
--Today it is up 49.00 cents or 0.55%
--Up for two consecutive sessions
--Up $1.48 or 1.68% over the last two sessions
--Largest two day dollar and percentage gain since Friday, April 5, 2024
--Up three of the past four sessions
--Highest settlement value since Tuesday, April 16, 2024
--Off 7.30% from its 52-week high of $96.55 hit Wednesday, Sept. 27, 2023
--Up 24.58% from its 52-week low of $71.84 hit Monday, June 12, 2023
--Rose 12.52% from 52 weeks ago
--Off 1.83% from its 2024 settlement high of $91.17 hit Friday, April 5, 2024
--Up 17.93% from its 2024 settlement low of $75.89 hit Tuesday, Jan. 2, 2024
--Off 38.73% from its record high of $146.08 hit Thursday, July 3, 2008
--Month-to-date it is up 2.31%
--Year-to-date it is up $12.46 or 16.17%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
April 26, 2024 15:13 ET (19:13 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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