Front Month Nymex Crude for Sept. delivery lost $6.49 per barrel, or 7.67% to $78.18 this week

--Largest one week net and percentage decline since the week ending June 26, 2026

--Down for two consecutive weeks

--Down $11.13 or 12.46% over the last two weeks

--Largest two week net and percentage decline since the week ending June 26, 2026