DTN Oil Update
Crude futures rose Wednesday, Dec. 3, on Moscow's apparent lack of urgency in ending its war with Ukraine, which has resulted in U.S. sanctions on Russian oil.
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DTN Oil Update
Crude oil and gasoline futures rose Wednesday, Dec. 3, morning after comments by Russian President Vladimir Putin weighed on hopes of a quick diplomatic solution to the war in Ukraine.
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DTN Oil Update
Crude futures dipped Tuesday, Dec. 2, as Russian President Vladimir Putin held talks in Moscow with U.S. representatives seeking to end the war in Ukraine.
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DTN Oil Update
Oil prices fell Tuesday, Dec. 2, morning, relinquishing some of the gains made on the back of growing supply risks.
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DTN Oil Update
Oil prices rose Monday morning after the Organization of Petroleum Exporting Countries and their partners on Sunday agreed to keep oil output steady in the first quarter of 2026.
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DTN Oil Update
Brent futures were mixed Friday, Nov. 28, morning as the oil complex was heading for the fourth consecutive monthly decline.
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USDA's Chief Economist to Lead FAPRI
Seth Meyer, who has been USDA's chief economist since 2021, will replace Pat Westhoff as director of FAPRI. Westhoff, who has directed FAPRI since 2011, is retiring effective March 1, 2026.
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What DTN Is Watching
The Energy Information Administration will release their weekly Petroleum Status report at 9:30 a.m. CST which will include last week's ethanol production. Wednesday will also be Day 1 of the DTN Ag Summit, beginning at 9:30 a.m. with updates on this year's America's Best Young Farmers and Ranchers as well as a cattle market update.
WeatherA strong cold front is pushing south through the country on Wednesday. Some limited snow showers are occurring along it, mainly across the Great Lakes and in the High Plains. Temperatures are falling significantly behind it and will continue to spread into Thursday.
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