DTN Oil Update
Oil prices advanced Tuesday morning after Iran denied U.S. claims of negotiations and Israeli and Iranian attacks continued.
Oil prices advanced Tuesday morning after Iran denied U.S. claims of negotiations and Israeli and Iranian attacks continued.
Crude oil and product futures tumbled in volatile trade Monday, with Brent settling below $100 bbl, after an Iranian official disputed U.S. President Donald Trump's announcement that White House representatives were in talks with Tehran to find a solution to the three-week...
Crude oil futures fell as much as 15% from Monday's session highs, driving refined product prices lower as well, after U.S. President Donald Trump said White House-appointed representatives were in talks with an Iranian official to find a...
Oil prices plunged Monday morning after U.S. President Donald Trump said that the U.S. and Iran were in negotiations to resolve their ongoing conflict diplomatically, and that he had ordered the postponement of attacks on Iranian energy infrastructure.
Oil prices reversed a volatile early Friday session to settle up for a fifth consecutive week amid media reports that U.S. President Donald Trump has been presented with options for a U.S. ground battle in Iran that could dramatically escalate the current conflict in the...
Crude and fuel futures were mixed in choppy trading Friday morning, with WTI headed for its first weekly loss since February on U.S. efforts to boost domestic supplies even as global oil shipments remained in a flux from the three-week long Iran war.
Crude futures raced to nearly $120 bbl Thursday before retreating after the White House signaled it may ease sanctions on Iranian oil trade, and consider additional releases from U.S. strategic reserves to bolster global supplies affected by the Middle East conflict.
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There are no major agricultural or macroeconomic reports scheduled for Tuesday. The trade will likely remain sensitive to updates regarding the war in the Middle East after a volatile start to the week on Monday.
WeatherIt is fairly calm across most of the U.S. with a couple of systems moving through Canada for Tuesday. Very little precipitation is expected. Instead, temperatures will be rising again east of the Rockies.
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