DTN Oil Update
Crude prices steadied on Tuesday, Feb. 10, morning while product futures dipped as market participants awaited weekly U.S. inventory data while monitoring the White House's efforts to rein in Iran's nuclear program.
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DTN Oil Update
Oil futures rallied toward the close of trade Monday, reversing early losses, as the U.S. warned commercial vessels to stay away from Iranian waters to minimize risk of detention.
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DTN Oil Update
Oil futures ended broadly higher Friday, Feb. 6, reversing the previous day's tumble on continued volatility over risks related to Iran.
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DTN Oil Update
Crude to oil product futures were down Friday morning, Feb. 6, heading for their first weekly drop in seven weeks, as the start of U.S.-Iran talks pared supply risks across energy markets.
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DTN Oil Update
Crude and refined product futures fell nearly 3% on Thursday.
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DTN Oil Update
Crude oil product futures tumbled about 3% in morning trade Thursday.
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DTN Oil Update
Crude futures rose on Tuesday, Feb. 3, after the U.S. military shot down an Iranian drone in the Persian Gulf, reigniting tensions in the Middle East.
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What DTN Is Watching
The feature event for Tuesday's session will be the release of USDA's February World Agricultural Supply and Demand Estimates (WASDE) report at 11 a.m. CST, which will update both domestic and foreign commodity balance sheets.
WeatherIsolated rain showers will spread across the Southern Plains Tuesday before expanding north into the Tennessee Valley Tuesday night. Rainfall amounts could approach up to 0.5 inches in portions of Kentucky and Tennessee by early Wednesday morning.
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