Front Month Nymex Crude for Jan. delivery lost $7.79 per barrel, or 10.26% to $68.15 this week
--Largest one week net and percentage decline since the week ending April 24, 2020
--Down for five consecutive weeks
--Down $15.61 or 18.64% over the last five weeks
--Largest five week net decline since the week ending April 9, 2020
--Largest five week percentage decline since the week ending April 24, 2020
--Longest losing streak since the week ending March 27, 2020 when the market fell for five straight weeks
--Today it is down $10.24 or 13.06%
--Largest one day dollar decline since Monday, April 20, 2020
--Largest one day percentage decline since Monday, April 27, 2020
--Down for two consecutive sessions
--Down $10.35 or 13.18% over the last two sessions
--Lowest settlement value since Thursday, Sept. 9, 2021
--Off 19.49% from its 52-week high of $84.65 hit Tuesday, Oct. 26, 2021
--Up 52.97% from its 52-week low of $44.55 hit Tuesday, Dec. 1, 2020
--Rose 49.68% from 52 weeks ago
--Off 19.49% from its 2021 settlement high of $84.65 hit Tuesday, Oct. 26, 2021
--Up 43.11% from its 2021 settlement low of $47.62 hit Monday, Jan. 4, 2021
--Off 53.09% from its record high of $145.29 hit Thursday, July 3, 2008
--Month-to-date it is down 18.45%
--Year-to-date it is up $19.63 or 40.46%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
11-26-21 1414ET