DTN Oil
Oil futures nearest delivery on the New York Mercantile Exchange (NYMEX) and Brent on the Intercontinental Exchange settled lower Tuesday on the final trade session for April on a perception of greater supply availability.
Oil futures nearest delivery on the New York Mercantile Exchange (NYMEX) and Brent on the Intercontinental Exchange settled lower Tuesday on the final trade session for April on a perception of greater supply availability.
Oil futures nearest to delivery on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange moved lower on Monday.
Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange notched weekly gains after plumbing April lows earlier in the week, mostly edging higher Friday.
Nearest delivered oil futures on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange shrugged off early weakness spurred by a surprise reading for U.S. economic growth to end Thursday's session higher.
The nearby West Texas Intermediate (WTI) and ULSD futures contracts on the New York Mercantile Exchange (NYMEX) and Brent futures on the Intercontinental Exchange settled Wednesday's session lower
New York Mercantile Exchange oil futures nearest to delivery and Brent crude on the Intercontinental Exchange registered gains Tuesday afternoon amid a technical bounce and a weaker U.S. dollar.
Oil futures nearest delivery on the New York Mercantile Exchange and Brent on the Intercontinental Exchange settled Monday's session mixed.
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The U.S. Labor Department's employment cost index for the first quarter will be out at 7:30 a.m. CDT. The Federal Reserve begins its two-day FOMC meeting and is expected to keep the federal funds rate target unchanged with an upper limit of 5.50%. Traders continue keeping close watch on the latest weather forecasts in major growing areas.
WeatherAnother storm system in the active pattern is moving through the Plains and into the Upper Midwest for Tuesday. Scattered showers and thunderstorms will develop across the middle of the country yet again, with potential for severe weather from eastern Kansas through Iowa. Large hail and damaging winds are the primary threats with these storms.
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