Nearby NYMEX WTI crude oil prices edged 1.96% lower in Q2 but were 13.8% higher over the first six months of 2024. The NYMEX contract settled Q2 at $81.54 per barrel. Prices moved lower in July and early August.
In a July 18 Barchart article, I highlighted where the energy sector was heading in Q3 and beyond. I concluded:
