DTN Oil Update
Crude futures dropped on Friday despite escalating U.S. strikes on Iran entering their second day, while tensions over control of the Strait of Hormuz heightened concerns about additional disruptions to global oil supplies.
World & Policy
Headlines
-
-
DTN Oil Update
Crude futures were little changed on Friday, amid a bearish sentiment driven by renewed military action in the Middle East and over the Strait of Hormuz.
-
DTN Oil Update
Crude futures fell 2% Thursday, reversing a chunk of the prior session's rally, as macroeconomic anxieties and demand destruction fears offset renewed military action in the Middle East and over the Strait of Hormuz.
-
DTN Oil Update
Crude futures had their largest rally in more than a month on Wednesday as the Middle East and its most important sea lane, the Strait of Hormuz, were caught in new hostilities after the U.S. canceled its ceasefire agreement with...
-
DTN Oil Update
Crude futures rose Tuesday after a second attack within a week on a laden tanker in the Strait of Hormuz sent geopolitical premium for oil soaring anew. The U.S. Treasury's cancellation of a temporary 60-day sanctions waiver on Iranian...
-
DTN Oil Update
Crude futures were little changed to start the week on Monday, settling pre-war levels as improving short-term global supply eased market concerns, supported by increased oil tanker traffic through the Strait of Hormuz.
-
DTN Oil Update
Crude futures fell for a fourth consecutive week Thursday as a continued acceleration in tanker traffic through the Strait of Hormuz sent the market to pre-war levels.
DIM[2x3] LBL[news-world-policy-list] SEL[[data-native-ad-target=articleList]] IDX[2] TMPL[news] T[]
DIM[2x3] LBL[news-world-policy-list-2] SEL[[data-native-ad-target=articleList]] IDX[5] TMPL[news] T[]
What DTN Is Watching
Friday's session will center around the 11 a.m. CDT release of the July WASDE and Crop Production reports from USDA. After the close, CFTC will release the weekly Commitments of Traders report at 2:30 p.m. CDT.
WeatherA front that has been slowly moving through the country this week continues to sit near the southern Corn Belt on Friday. After producing some areas of heavy rain on Thursday, another day of heavy rain is expected Friday. Some areas of severe thunderstorms with wind and hail will be possible here as well. Farther north, showers are clearing out and starting to make way for a significant heatwave for this weekend.
(c) Copyright 2026 DTN, LLC. All rights reserved.
