The war in Iran will likely capture much market attention, while we're also watching some precipitation move into dry areas of the U.S.
Founded in 1884 when veterinarian A.E. Cross traveled from Montreal to Alberta, Cross Cattle Company boasts more than a century of ranching...
Oil and product futures hit multi-month highs Monday as an escalating U.S.-Israel military campaign against Iran and Tehran's retaliatory strikes fueled fears of a wider Middle East contagion that could paralyze the Strait of Hormuz oil transit.
Crude prices hit seven-month highs Friday on the increasing prospect of U.S. military action against Iran, after U.S. President Donald Trump said force may be necessary to get OPEC's fourth-largest producer to abandon its nuclear...
Oil and product prices regained their upward momentum Friday as limited progress in U.S.-Iran nuclear talks and evacuations by Washington of diplomatic staff and their families in the Middle East raised expectations of an imminent military strike on Tehran.
Oil and product futures fell Thursday morning ahead of the third round of nuclear talks between the U.S. and Iran in Geneva.
Oil and product futures closed little changed Wednesday as fears of military action against major OPEC member Iran offset a massive build in weekly crude inventories reported by the U.S. Energy Information Administration (EIA).
Oil and product futures were mostly higher Wednesday as both Iran and the U.S. indicated they would make little concession in talks over the White House's attempt to shut down Tehran's nuclear program.
Oil and product futures reversed Tuesday's early gains to settle lower as the U.S. appeared determined to stay on the path diplomacy in getting Iran to dismantle its nuclear program.
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The Bureau of Labor Statistics will release the January Producer Price Index report at 7:30 a.m. CST on Friday. In the afternoon at 2 p.m. CST, USDA will release both the annual Cold Storage and Poultry Slaughter summaries. Lastly, CFTC will round out the week with the Commitments of Traders report at 2:30 p.m. CST, with positions as of Tuesday, February 24.
WeatherScattered showers and a few thunderstorms continue in the dry Southeast on Friday. But the bigger story is a clipper system moving through Canada. While it will have little precipitation impact in the U.S. by itself, it will bring through a burst of colder air for the weekend across the North. That will set up a thin band of moderate snow from Montana through the Northeast for Friday night and Saturday where a few inches will accumulate.
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