DTN Oil Update
Crude futures extended losses Tuesday as fortified U.S. sanctions against Iran did little to lift market sentiment.
World & Policy
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DTN Oil Update
Oil prices softened Tuesday morning, extending Monday's decline, which came on the back of weaker-than-expected new U.S. sanctions on Iran which were deemed unlikely to negatively impact oil supply.
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DTN Oil Update
Oil futures prices dropped over 2% Monday after the Trump administration announced a new round of sanctions targeting Iran, even as global supply remained tight.
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DTN Oil Update
Oil prices softened Monday morning after rising by more than 5% last week as traders were awaiting details about large scale U.S. sanctions on Iran expected to be revealed later Monday.
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DTN Oil Update
Oil prices settled mixed on Friday on thin trading as market participants remained on a wait-and-see position as the Trump administration has threatened to place tougher sanctions on Iran, potentially affecting further oil flows from the...
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DTN Oil Update
Oil prices edged higher in early Friday morning trade and were on track for the second consecutive weekly increase on the back of rising tensions between the U.S. and Iran and slowing oil flows from the Middle East.
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DTN Oil Update
Oil prices hit a three-week high on Thursday as fresh economic threats from Washington against Iran, further dimmed hopes of a ceasefire in the near term as global supply remains tight due to the blockade of the Strait of Hormuz.
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What DTN Is Watching
There are no major reports scheduled for Tuesday. Traders will likely continue to monitor U.S. growing conditions through the final stages, while also staying updated on the latest geopolitical news.
WeatherA front remains stalled across the Southeast where scattered showers and thunderstorms are likely to develop throughout the day. Another front will move through the Central Plains and Upper Midwest with scattered showers as well. Any storms here have a chance of becoming severe.
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