DTN Oil Update
Crude oil futures edged lower Monday morning, and oil product futures rose, after a violent quelling of protests in Iran over the weekend eased perceived supply risks.
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DTN Oil Update
Oil futures settled higher Friday with their biggest weekly advance in three months as market participants covered short positions amid fresh buying in crude fueled by geopolitical risks.
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DTN Oil Update
Oil futures rose for a second consecutive day on Friday morning, supported by geopolitical risks which propelled key crude benchmarks 3% higher in the previous session.
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DTN Oil Update
Crude futures jumped 3% on Thursday, Jan. 8, their most in a day since July, driven by White House approval for new sanctions on Russian oil.
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DTN Oil Update
Crude futures rallied Thursday, Jan. 8, on reports that U.S. President Donald Trump had approved a bipartisan Senate bill to impose sanctions on buyers of Russian oil, helping the market reverse a two-day decline.
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DTN Oil Update
Crude futures tumbled by 2% for a second consecutive day on Wednesday.
What DTN Is Watching
Grain market news will get an early start on Thursday with the release of Conab's (Brazil) January crop report at 6 a.m. CST, which will give another look at estimates for 2026 crops in Brazil following USDA's updates on Monday. Later on, USDA will release their weekly export sales report, out at 7:30 a.m., including data up to the week ending January 8.
WeatherA system is finally moving off the Coast on Thursday, but another is moving down from Canada as a clipper to take its place. Areas of snow will spread through the Canadian Prairies, Northern Plains, and Upper Midwest throughout the day. In addition, very strong winds are forecast for the northern half of the Plains especially, where gusts may exceed 60 mph later Thursday and Thursday night.
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