DTN Oil Update
Oil futures settled lower Friday.
World & Policy
Headlines
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DTN Oil Update
Oil futures posted a mixed performance in early Friday trade, with modest gains in refined products and underlying support from progress in U.S.-EU trade talks and expectations that Russia will tighten gasoline exports.
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DTN Oil Update
Oil futures rebounded on Thursday, with crude contracts snapping a four-session losing streak, while refined products ended the session lower.
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DTN Oil Update
Oil futures were mostly higher in early trade, supported by a sharper-than-expected draw in U.S. crude inventories.
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DTN Oil Update
Oil futures edged up on Wednesday following Energy Information Administration (EIA) and American Petroleum Institute (API) data showing draws in commercial crude oil and gasoline, while distillate inventories climbed last week.
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DTN Oil Update
Oil futures were mixed on Wednesday driven by concerns about a potential global oil demand slowdown due to escalating trade tensions, coupled with reports of a draw on commercial crude oil and gasoline inventories last week.
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DTN Oil Update
Oil futures settled lower on Tuesday amid expectations of a global oil demand slowdown, driven by trade tensions between the U.S. and some of its trading partners, as the deadline to impose tariffs starting Aug. 1 approaches.
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What DTN Is Watching
Cattle on Feed at 2 p.m. CDT
CFTC Commitment of Traders Report at 2:30 p.m. CDT
WeatherA front that has slowly moved through the Corn Belt this week is stalling from Kansas to Ohio on Friday. Areas of showers and thunderstorms will continue along that front going through the weekend which may cause some flooding. A new system is moving through the Canadian Prairies and into the Northern Plains, where showers will develop as well. The Gulf Coast continues to watch a disturbance moving west with showers and thunderstorms, but with limited potential for becoming tropical.
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