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World & Policy

Headlines

  • DTN Oil Update

    Crude oil futures edged down to close the week on Friday, while ultra-low sulfur diesel (ULSD) futures dropped over 4% after U.S. President Donald Trump announced an energy deal with Russian President Vladimir Putin to supply 300,000...

  • DTN Oil Update

    Oil prices slid Friday morning after U.S. President Donald Trump touted "productive discussions" with Iran and said that he will not order attacks on the Islamic Republic ahead of the midterm elections on Nov. 3.

  • DTN Oil Update

    Brent remained above $100 bbl as crude futures rallied their most in a month Thursday amid renewed Iranian attacks on vessels in the Strait of Hormuz that turned the Middle East's preeminent route for energy back into a flashpoint.

  • DTN Oil Update

    Oil prices jumped Thursday morning amid growing supply risks as Iran was stepping up attacks on tankers in the Strait of Hormuz, and the first Hurricane of the season forced shut a quarter of U.S. offshore oil production.

  • DTN Oil Update

    Crude futures edged higher Tuesday after back-to-back losses in two sessions as bullish winter price outlooks from the Energy Information Administration (EIA) outweighed pressure from recovering Middle East export flows.

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What DTN Is Watching

Friday's session will center around the release of the October World Agricultural Supply and Demand Estimates (WASDE) and Crop Production reports from USDA at 11 a.m. CDT. After the close, CFTC will release their weekly Commitments of Traders report at 2:30 p.m. CDT, closing the week with a look at trader positions as of Tuesday, October 6.

Weather

A batch of thunderstorms is located over Iowa early Friday morning. Those storms should be weak as they drift eastward into northern Illinois Friday, but may produce a couple of areas of heavier rain. Eyes are all on Hurricane Isaias though, which may get up to Category 3 strength before landfall Friday night between Mobile Bay and Pensacola, FL. Flooding rain, wind damage, and coastal flooding is expected near landfall, though heavy rain and breezy winds will penetrate inland across the Southeast and Tennessee Valley this weekend.

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