DTN Oil Update
Oil futures prices rose for a third consecutive trading day on Wednesday, driven by geopolitical events and despite a build in U.S. inventories last week.
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DTN Oil Update
Oil prices rose for a third consecutive trading day Wednesday morning, after an Israeli strike on the political arm of Hamas in Qatar, Polish air defense downing drones for the first time and threats of new sanctions on Russia all raised the geopolitical...
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DTN Oil Update
Oil futures prices rose for the second consecutive day on Tuesday, supported by expectations of additional U.S sanctions on Russian oil trade after recent attacks on Ukraine.
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DTN Oil Update
Oil prices rose for a second day Tuesday morning, supported by the smallest monthly production quota hike by the Organization of Petroleum Exporting Countries since the group started to unwind output curtailments.
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DTN Oil Update
Oil prices ended slightly higher on Monday, following a morning rebound sparked by OPEC+ agreeing to its smallest monthly output increase since the group began easing production cuts.
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DTN Oil Update
Oil prices rose Monday morning following members of the Organization of Petroleum Exporting Countries agreeing to the smallest monthly output hike since the group started unwinding production cuts.
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What DTN Is Watching
U.S. Import Price Index at 7:30 a.m. CDT
U.S. Industrial Production and Capacity at 8:15 a.m. CDT
ERS Feed Grains Database update at 1 p.m. CDT
ERS Commodity Outlooks at 2 p.m. CDT
WeatherA slow-moving system continues to wobble around the Central U.S. on Tuesday. Areas of showers and thunderstorms will be possible between the Rockies and Mississippi River with a particular emphasis from western Kansas up into eastern South Dakota later Tuesday that could bring some areas of heavy rain and potential severe weather.
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