DTN Oil Update
Oil futures prices retreated Thursday, dropping by nearly 5% after U.S. President Donald Trump canceled scheduled strikes on Iran and suggested a deal is close.
World & Policy
Headlines
-
-
DTN Oil Update
Oil prices slid Thursday (6/11) as market participants tried to assess whether fresh escalation in the Middle East conflict between the U.S. and Iran would add to the global supply deficit or represented geopolitical noise of a familiar...
-
DTN Oil Update
Oil prices surged Wednesday as renewed U.S- Iran hostilities led to worries the Middle East conflict was flaring again, scuttling hopes for peace and normalization of energy shipments through the Strait of Hormuz.
-
DTN Oil Update
Oil prices rose Wednesday morning from the previous session's sharp losses as new U.S.-Iran counterstrikes reinforced the vulnerability of Middle East ceasefires and the heightened volatility across energy markets.
-
DTN Oil Update
Oil futures plunged Tuesday as Israel and Iran were back to their truce, returning the Middle East to a state of calm, even as U.S. President Donald Trump threatened avenging Tehran's shooting down of a U.S. military helicopter.
-
DTN Oil Update
Oil futures slipped Tuesday morning after Israel and Iran agreed to halt attacks on each other, reversing course from the previous trading day which saw a brief price rally sparked by a short-lived flareup of hostilities between the...
-
DTN Oil Update
Crude and product futures edged higher Monday after renewed military exchanges between Israel and Iran, although the market settled off the highs after U.S. President Donald Trump urged for restraint and Tehran confirmed no further...
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[]
What DTN Is Watching
On Thursday, USDA will release the weekly Export Sales report at 7:30 a.m. CDT. At 11 a.m. CDT, USDA will release the June World Agricultural Supply and Demand Estimates (WASDE) and Crop Production reports, which will give traders an updated look into USDA forecasts for old and new crop balance sheets in the U.S. and around the globe.
WeatherA system that moved into the Central Plains Wednesday night will move through the Midwest on Thursday. It is already bringing a batch of strong-to-severe thunderstorms from eastern Nebraska into Iowa early Thursday morning. That will spread northeast throughout the day and could remain severe. Additional strong-to-severe thunderstorms will form along this system's cold front as it pushes down into Oklahoma and up through the Great Lakes throughout the day, but especially Thursday afternoon and evening.
(c) Copyright 2026 DTN, LLC. All rights reserved.
