DTN Oil Update
Oil futures reversed gains recorded Tuesday morning, driven by expectations of a possible ceasefire on Ukrainian energy and infrastructure and despite Israel resuming attacks on Gaza Tuesday.
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DTN Oil Update
Oil futures climbed Tuesday morning driven by a surge in geopolitical tensions in the Middle East as Israel broke the ceasefire by resuming attacks across Gaza again, days after U.S. President Donald Trump ordered airstrikes targeting...
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DTN Oil Update
The front-month NYMEX WTI and ICE Brent futures contracts settled higher on Monday, driven by geopolitical news suggesting a possible ceasefire in the Russia-Ukraine war and recent air raids ordered by U.S. President Donald Trump targeting Houthi rebels, who are allegedly...
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DTN Oil Update
Crude oil futures rose Monday morning amid news of a possible ceasefire in the Russia-Ukraine war and after U.S. President Donald Trump ordered air raids on various towns in Yemen to attack Houthi rebels during the weekend.
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DTN Oil Update
Crude oil futures settled higher to close the week on Friday, driven by news of a possible ceasefire in the Russia-Ukraine war, under certain conditions, while concerns of the impact of tariffs keeps weighing in market sentiment.
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DTN Oil Update
Crude oil futures rebounded Friday morning despite the International Energy Agency forecasting on Thursday that oil supply will exceed the global demand in 2025, driven by an escalation of the trade tariff war.
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DTN Oil Update
Oil futures settled lower on Thursday after the International Energy Agency reported that oil supply will exceed the global demand this year, due to an escalation of the trade tariff war between the United States and other countries.
What DTN Is Watching
U.S. Housing starts and building permits at 7:30 a.m. CDT
U.S. Industrial Production and Capacity Utilization at 8:15 a.m. CDT
March FOMC Meeting
WeatherThough there is a small streak of precipitation in Wyoming and South Dakota, it is quiet Tuesday morning. That is ahead of a system moving through the Rockies that will build in the Plains later Tuesday. Strong winds will develop throughout the day and a band of heavier precipitation will develop in the Central Plains Tuesday night, mostly as heavy snow. The two will combine to create blizzard conditions overnight into Wednesday which will extend into the Upper Midwest.
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