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.
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DTN Oil Update
Oil futures steadied Wednesday, Jan. 7, ahead of the release of U.S. weekly inventory data from the Energy Information Administration (EIA).
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DTN Oil Update
Crude futures settled down 2% Tuesday, Jan. 6, reversing the prior day's rally, as concerns of oversupply returned to depress a market boosted by risks related to OPEC member Venezuela.
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DTN Oil Update
Crude futures rose for a second consecutive session Tuesday, Jan. 6, as market participants continue monitoring the developments in Venezuela after the capture of President Nicolas Maduro by U.S. forces during...
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What DTN Is Watching
On Wednesday morning at 7:30 a.m. CST, the Bureau of Labor Statistics will release the delayed Producer Price Index report for November 2025. At 9:30 a.m. CST, the Energy Information Administration will release their weekly Petroleum Status report including last week's average ethanol production. Finally, in the afternoon at 2 p.m. CST, the USDA ERS will release their monthly commodity outlooks for grains and oilseeds.
WeatherA system in the Great Lakes is bringing down some colder air from Canada, leading to areas of showers for the eastern half of the country that includes lake-effect snow in the Great Lakes. For some areas, Wednesday's high temperatures occurred at midnight and will be falling throughout the day.
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