DTN Oil Update
Crude rallies above $100 on supply fears, inventories tighten further.
World & Policy
Headlines
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DTN Oil Update
Oil prices rose Wednesday morning as Saudi Arabian energy infrastructure continued to suffer attacks, with the latest Houthi strike on the country's main export hub threatening to further tighten a supply-starved global fuels...
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DTN Oil Update
Crude prices retreated Tuesday, with WTI settling beneath the key $100 bbl mark, as traders weighed diplomatic efforts in Tehran against mounting physical supply risks in the Middle East.
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DTN Oil Update
Middle East tensions, Houthi attacks pressure oil prices amid diplomacy hopes.
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DTN Oil Update
Oil prices fall as Middle East peace talks and Fed decision loom.
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DTN Oil Update
Oil prices fall as Iran talks continue, Strait of Hormuz disruptions persist.
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DTN Oil Update
Crude futures hit multi-month highs Friday, with WTI rising a third straight week and Brent the fifth week in a row, as geopolitical tension and supply vulnerability across the Middle East continued to mount.
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What DTN Is Watching
On Wednesday, the Energy Information Administration will release the weekly Petroleum Status report at 9:30 a.m. CDT, including last week's ethanol production. At 1 p.m. CDT, the Federal Reserve will announce their October interest rate decision, in which they are widely expected to hold rates steady.
WeatherA system in the Canadian Prairies is producing a mix of light rain and snow there Wednesday morning. Its cold front isn't producing much precipitation as it works through the Northern Plains, but should find some good conditions to develop some showers and thunderstorms as it moves across the Upper Midwest later Wednesday into the evening.
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