DTN Oil Update
Oil futures closed mixed Friday (9/25) amid renewed hopes for a diplomatic breakthrough between the U.S. and Iran gained momentum.
World & Policy
Headlines
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DTN Oil Update
Oil prices slid Friday morning on revived negotiations between the U.S. and Iran in New York.
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DTN Oil Update
Oil prices advanced for a second day Thursday (9/24) morning amid stalling progress in U.S.-Iran talks and signs that the disruption to Saudi Red Sea crude oil exports may last longer than initially expected.
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DTN Oil Update
Crude oil futures climbed nearly 5% Wednesday, even as Energy Information Administration (EIA) data showed a weekly increase in U.S. commercial crude inventories.
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Washington's Fuel Solutions
With diesel prices surging during harvest, Republican lawmakers are proposing relief measures ranging from export restrictions to direct assistance for farmers and truckers.
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DTN Oil Update
With the U.S.-Iran conflict now in its eighth month, market participants are looking for signs that renewed diplomacy could ease geopolitical risk and reopen a path toward negotiated de-escalation.
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DTN Oil Update
With the U.S.-Iran conflict now in its eighth month, market participants are looking for signs that renewed diplomacy could ease geopolitical risk and reopen a path toward negotiated de-escalation.
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What DTN Is Watching
Friday looks to be a quiet end to the week for reports, USDA has a series of updates being released at 2 p.m. CDT, such as the monthly Cold Storage report as well as the monthly Poultry Slaughter report. Afterwards at 2:30 p.m. CDT, CFTC will release the Commitments of Traders report, wrapping up the week with a look into trader positions as of Tuesday, September 22.
WeatherA zone of showers continues to build across the South-Central U.S. from New Mexico up into Iowa on Friday morning. This zone will continue to be active throughout most of the day, creating some areas of heavy rain and potential for localized flooding. A system will also be moving from the Pacific Northwest into the Canadian Prairies with strong winds, but minimal precipitation.
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