DTN Oil Update
Brent crude futures posted record high advances for March and the first quarter on Tuesday, while NYMEX West Texas Intermediate had its largest rise since the 2020 pandemic, as the Middle East conflict shaped the outcome of energy...
Brent crude futures posted record high advances for March and the first quarter on Tuesday, while NYMEX West Texas Intermediate had its largest rise since the 2020 pandemic, as the Middle East conflict shaped the outcome of energy...
Crude oil futures settled above $100 bbl Monday as U.S. President Donald Trump's threats of troop reinforcement and destruction of energy plants in Iran offset efforts by Pakistani mediators to de-escalate the Middle East...
Oil prices edged higher Monday after U.S. President Donald Trump threatened to "blow up and completely obliterate" Iran's energy infrastructure if a deal is not reached soon to end the Middle East conflict.
Oil prices extended their run higher Friday on dimming prospects of a ceasefire in the month-long U.S.-Israeli war on Iran.
Oil prices extended their run higher Friday on dimming prospects of a ceasefire in the month-long U.S.-Israeli war on Iran.
Crude prices rebounded Thursday from the prior session's drop as U.S. President Donald Trump pressured Iran to reopen the blockaded Strait of Hormuz or face a bombardment of its energy plants.
Crude prices rebounded Thursday morning as Iran signaled skepticism over peace talks with the U.S., casting doubts about a potential ceasefire to the month-long Middle East conflict that has shuttered a fifth of world oil supply.
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Tuesday's trade will center around the release of USDA's Prospective Plantings and Quarterly Grain Stocks reports, both at 11 a.m. CDT. Otherwise, traders will remain in tune to developments regarding the ongoing war in the Middle East.
WeatherThe first of three storm systems this week continues across the Great Lakes on Tuesday. It will produce areas of showers and thunderstorms and stall a front from the Central Plains to the Ohio Valley. Scattered showers will form along the front but will be isolated across the Plains. The next system will be moving through the West.
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