Front Month ICE Brent Crude for Aug. delivery lost $6.76 per barrel, or 7.74% to $80.57 this week

--Largest one week net and percentage decline since the week ending May 29, 2026

--Down for two consecutive weeks

--Down $12.52 or 13.45% over the last two weeks

--Largest two week net and percentage decline since the week ending May 29, 2026