DTN Oil Update
Oil and product futures jumped Wednesday morning after U.S.-hosted negotiations to end the war between Russia and Ukraine broke up abruptly, after only two hours of discussions.
Oil and product futures jumped Wednesday morning after U.S.-hosted negotiations to end the war between Russia and Ukraine broke up abruptly, after only two hours of discussions.
Oil and refined product futures fell Tuesday as progress in U.S.-Iran talks lowered risks for the Middle East oil trade.
Oil and product futures mostly slid Tuesday morning after Iran's foreign minister signaled substantive progress in talks with the United States, which is attempting to shut down Tehran's nuclear program.
Oil futures reversed early losses to settle marginally higher Friday, Feb. 13, as U.S. inflation slowed in January boosting prospects for the economy.
Crude and gasoline futures extended their declines on Friday, Feb. 13, morning on concerns over surging stockpiles and weakening demand.
Oil futures fell on Thursday, Feb. 12, after the International Energy Agency (IEA) cut its forecast for crude consumption in 2026.
Oil futures dipped on Thursday, Feb. 12, as market participants reacted to a lower demand outlook for 2026 from the International Energy Agency (IEA).
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Agricultural reports are slim on Wednesday, with a busier schedule on the macro side with delayed Building Permits and Housing Starts from November and December at 7:30 a.m. CST, followed by Industrial Production and Capacity Utilization at 8:15 a.m. CST.
WeatherA big storm system continues to wrap up across the North on Wednesday, providing a long string of rain and snow from the Canadian Prairies to the Northeast. Another storm system is moving through the West and will emerge into the Plains Wednesday night and Thursday with another band of snow across the Central Plains.
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