DTN Oil Update
Oil futures edged up Monday, Nov. 3, following OPEC+'s decision to pause planned production hikes for the first quarter of 2026.
Oil futures edged up Monday, Nov. 3, following OPEC+'s decision to pause planned production hikes for the first quarter of 2026.
Oil futures edged up Monday, Nov. 3, morning after OPEC+ decided to pause its planned production hikes for the first quarter of 2026.
Oil futures settled modestly higher Friday, Oct. 31, on market talk of a potential U.S. strike on Venezuela that President Donald Trump denied.
Oil futures edged higher Friday, Oct. 31, morning but were still set to finish October down for a third consecutive month.
Oil futures edged higher in late Thursday (10/30) trading, driven by renewed concerns over the impact of Russian sanctions on supply.
DIM[2x3] LBL[news-world-policy-list] SEL[[data-native-ad-target=articleList]] IDX[2] TMPL[news] T[]
DIM[2x3] LBL[news-world-policy-list-2] SEL[[data-native-ad-target=articleList]] IDX[5] TMPL[news] T[]
The government shutdown continues and as a result the report lineup will be quiet on Friday. However, the Senate will hold another vote on Friday in an attempt to pass the funding bill and end the shutdown. Ag traders will continue to rely on basis and spreads for near term supply and demand insights, but may default to chart/technical guidelines to close the week.
WeatherA clipper system is moving through the Great Lakes and Northeast on Friday, producing scattered showers and a few thunderstorms that may develop all the way down to the Gulf of America. The last clipper in this week's train is moving through the Pacific Northwest and will be a potent one as it taps into some very cold air across Canada this weekend.
(c) Copyright 2025 DTN, LLC. All rights reserved.
DIM[1x3] LBL[World Policy - box] SEL[] IDX[] TMPL[standalone] T[]