DTN Oil
Following Monday's rally triggered by upbeat economic data out of China, oil futures on the New York Mercantile Exchange and Brent crude traded on the Intercontinental Exchange softened early morning Tuesday.
Following Monday's rally triggered by upbeat economic data out of China, oil futures on the New York Mercantile Exchange and Brent crude traded on the Intercontinental Exchange softened early morning Tuesday.
Oil futures nearest delivery on the New York Mercantile Exchange (NYMEX) and Brent crude on the Intercontinental Exchange kicked off a new trading week with a solid rally after government data from China showed exports of refined fuels during January and February...
West Texas Intermediate (WTI) futures on the New York Mercantile Exchange (NYMEX) and Brent crude traded on the Intercontinental Exchange ended flat on the session Friday.
West Texas Intermediate futures on the New York Mercantile Exchange and Brent crude traded on the Intercontinental Exchange softened early Friday.
The international crude benchmark Brent contract for May delivery on the Intercontinental Exchange settled above $85 per barrel (bbl) for the first time this year on Thursday.
The international crude benchmark Brent contract for May delivery on the Intercontinental Exchange settled above $84 bbl for the first time on a spot continuous basis since Nov. 2, 2023.
Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange shifted higher in early morning session Wednesday.
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A report on U.S. housing starts in February will be out at 7:30 a.m. CST Tuesday. The Federal Reserve starts its two-day meeting and is expected to keep the federal funds rate unchanged on Wednesday. Traders continue to keep an eye on South American weather and recent events in Ukraine.
WeatherA clipper system is moving through the Great Lakes Tuesday. A cold front following behind it will be bringing in a fresh round of colder air to the northern tier of the country, setting the stage for an active and snowier pattern for the rest of the week.
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