DTN Oil Update
G7 reserves release sinks crude and gasoline; diesel rises amid bottlenecks.
World & Policy
Headlines
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DTN Oil Update
Oil prices were mixed Monday morning, with signs of Middle Eastern supply recovery and the announcement of a large-scale release from emergency reserves weighing on crude prices, while a flare-up in fighting in Yemen and continued attacks on tankers in the Strait of...
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DTN Oil Update
Oil futures dropped on Friday driven by expectations of increased supply after G-7 leaders agreed to coordinate the release of 100 million bbl of oil reserves to ease high international prices.
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DTN Oil Update
Oil futures fell Friday morning after the Elysee Palace proposed a joint EU-wide release of crude oil and diesel from strategic reserves.
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DTN Oil Update
Crude surges on diesel stock pressures; supply concerns reshape markets.
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DTN Oil Update
Oil and product futures were mixed in a volatile morning session Thursday, with crude benchmarks advancing 1.5-2%, while ULSD's new front-month contract slipped following Wednesday's rally.
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DTN Oil Update
Distillate futures surged more than 53% over the third quarter as September delivered another strong month for U.S. energy markets, propped up by persistent refined product deficits, historic gasoline inventory draws and unyielding...
What DTN Is Watching
On Monday, USDA will release their weekly Export Inspections report at 10 a.m. CDT. After the close, the weekly Crop Progress report is out at 3 p.m. CDT, updating field conditions and harvest pace after what was a very wet past week across the central and western U.S. grain belt.
WeatherA cold front continues to push through the Southeast on Monday, producing some areas of rain, some of which may be heavy. But a large ridge of high pressure building across much of the U.S. will keep the weather fairly quiet for much of the week.
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