DTN Oil Update
Oil prices surge above $100 as supply fears tighten markets.
Oil prices surge above $100 as supply fears tighten markets.
Oil prices ease as supply risks, shrinking inventories support gains.
Crude oil futures were mixed for a third consecutive trading session on Thursday, as Brent crude futures edged lower after media reports suggested the Trump administration may be considering easing sanctions on shadow fleet vessels.
Most oil futures softened Thursday morning on reports that the U.S. was considering easing sanctions on Russia, while NYMEX WTI futures bucked the trend after an American Petroleum Institute (API) report showed a hefty draw to...
Oil prices rise on Aramco attack, diesel shortage fears grow.
Oil Prices Mixed as Middle East Tensions, Diesel Shortage Risks Grow
Oil mixed: Middle East tensions support prices; weaker demand outlook weighs.
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On Friday, USDA will release their weekly Export Sales report at 7:30 a.m. CDT. After the close at 2:30 p.m. CDT, CFTC's Commitments of Traders report will be out, updating positions as of Tuesday, October 13.
WeatherA storm system continues to move through the Midwest Friday, bringing scattered showers and thunderstorms there back through the Southern Plains. A round of cold air is following behind the system, which will bring a risk of frost to the Corn Belt through the weekend.
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