DTN Oil Update
Oil futures ended broadly higher Friday, Feb. 6, reversing the previous day's tumble on continued volatility over risks related to Iran.
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DTN Oil Update
Crude to oil product futures were down Friday morning, Feb. 6, heading for their first weekly drop in seven weeks, as the start of U.S.-Iran talks pared supply risks across energy markets.
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DTN Oil Update
Crude and refined product futures fell nearly 3% on Thursday.
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DTN Oil Update
Crude oil product futures tumbled about 3% in morning trade Thursday.
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DTN Oil Update
Oil and product futures were little changed in volatile trading Wednesday morning as energy markets continued to adjust to January's outsized rally on geopolitics and inclement weather.
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DTN Oil Update
Crude futures rose on Tuesday, Feb. 3, after the U.S. military shot down an Iranian drone in the Persian Gulf, reigniting tensions in the Middle East.
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DTN Oil Update
Oil and product futures edged higher Tuesday, Feb. 3, morning, after dropping more than 4% in the previous session as a portion of the geopolitical risk premium tied to U.S.-Iran tensions faded after both sides announced talks.
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What DTN Is Watching
Friday looks to be a mostly quiet session for reports, but traders will tune in at 8 a.m. CST to see if USDA reports any flash export sales. After the close, CFTC will release their Commitments of Traders report which will update trader positions as of Tuesday, February 3.
WeatherA clipper system is bringing some snow and breezy winds to the Great Lakes Friday morning, which will spread through the Northeast as well. A big burst of wind and cold temperatures will follow it into the weekend across these areas. Meanwhile, it will stay rather quiet across the rest of the country with warmer air in place.
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