Front Month Nymex Crude for May delivery gained $3.81 per barrel, or 6.42% to $63.13 this week. --Largest one week net and percentage gain since the week ending March 5, 2021. --Up two of the past three weeks.
Front Month Nymex Crude for May delivery gained 31 cents per barrel, or 0.49% to $63.46 today. --Up for four consecutive sessions. --Up $4.14 or 6.98% over the last four sessions.
Front Month Nymex Crude for May delivery gained $2.97 per barrel, or 4.94% to $63.15 today. --Largest one day dollar and percentage gain since Wednesday, March 24, 2021. --Up for three consecutive sessions.
Some of the world's wealthiest nations are grappling with stubborn coronavirus rates, but a brightening outlook and historic stimulus packages will boost economic activity and oil demand this year, the Organization of the Petroleum Exporting Countries said Tuesday. In its closely watched monthly market report, OPEC increased its 2021 global oil demand forecast by 100,000 barrels a day and raised its forecast for global economic growth by 0.3 percentage points to 5.4%.
Front Month Nymex Crude for May delivery gained 48 cents per barrel, or 0.80% to $60.18 today. --Largest one day dollar and percentage gain since Tuesday, April 6, 2021. --Up for two consecutive sessions.
Some of the world's wealthiest nations are grappling with stubborn coronavirus rates, but a brightening outlook and historic stimulus packages will boost economic activity and oil demand this year, the Organization of the Petroleum Exporting Countries said Tuesday. In its closely-watched monthly market report, OPEC increased its 2021 global oil demand forecast by 100,000 barrels a day and raised its forecast for global economic growth by 0.3 percentage points to 5.4%.
Front Month Nymex Crude for May delivery gained 38 cents per barrel, or 0.64% to $59.70 today. --Snaps a two session losing streak. --Off 9.67% from its 52- week high of $66.09 hit Friday, March 5, 2021.
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