DTN Oil Update
Oil futures jumped Monday morning after OPEC members on the weekend agreed on a 411,000-bpd production hike in July.
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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Consumer Price Index at 7:30 a.m. CDT
EIA Petroleum Status Report including weekly ethanol production/stocks at 9:30 a.m. CDT
WeatherA slow-moving front will be the start of a wetter pattern across the northwest Corn Belt Wednesday while scattered showers and thunderstorms will blanket the east half of Texas. Over the next 24 hours, some spots near Austin, Texas, could see over four inches of rain while parts of southern Minnesota, northern Iowa and southwest Wisconsin could see over one inch.
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