MARKET WATCH: NYMEX, Brent crude oil prices continue upward momentum

The light, sweet crude oil contract for July delivery rose on the New York market to settle above $50/bbl June 7, marking the highest settlement since July 21, 2015. Brent crude for August delivery settled at $51.44/bbl on the London market. It was the highest price for front-month Brent since Oct. 9, 2015.

Source: News