August crude CLQ5, +0.88% settled at $50.36 a barrel, up 21 cents, or 0.4%, on the New York Mercantile Exchange. It lost 1.5% in the previous session, falling to $50.15 a barrel, the lowest settlement price since early April.
The August Nymex contract expired at Tuesday’s settlement. September crude CLU5, -1.38% the new front-month contract, rose 42 cents, or 0.8%, to settle at $50.86.
Nymex crude has now fallen for five consecutive trading sessions and has lost more than 14% so far this month.
September Brent crude LCOU5, -0.86% on London’s ICE Futures added 39 cents, or 0.7%, at $57.04 a barrel.
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