DTN Oil Update
Oil futures edged up on Monday morning as the U.S. and China began trade talks in London Monday.
World & Policy
Headlines
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DTN Oil Update
Oil futures steadied Friday morning after rebounding Thursday on signs of resuming Sino-American trade talks.
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DTN Oil Update
Oil futures rebounded Thursday morning following Chinese state media reporting of a phone call between U.S. President Donald Trump and his Chinese counterpart Xi Jinping.
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DTN Oil Update
Oil futures steadied Wednesday morning after two days of gains as supply disruptions were offset by bearish economic data and raised OPEC production targets.
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DTN Oil Update
Oil futures rose Tuesday morning as wildfires in Alberta continued to rage, shutting in some 344,000 barrels per day (bpd) in heavy sour crude oil production.
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DTN Oil Update
Oil futures jumped Monday morning after OPEC members on the weekend agreed on a 411,000-bpd production hike in July.
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DTN Oil Update
Oil futures fell Friday morning on reports that OPEC is considering an output hike in July exceeding the widely anticipated and largely priced-in 411,000 barrels per day (bpd).
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What DTN Is Watching
Export Inspections at 10 a.m. CDT
Crop Progress at 3 p.m. CDT
WeatherA slight (level 2/5) risk for potentially severe thunderstorms extends across the Ohio and Tennessee Valleys Monday as a broken line of thunderstorms could form from western Tennessee into Ohio Monday afternoon. Damaging winds gusts will be the primary threat with any stronger storms that form, but a few brief tornadoes or hail near 1 inch in diameter could develop. By later Monday afternoon into Monday night, isolated to scattered severe storms could also threaten parts of the Southeast.
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