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World & Policy

Headlines

  • DTN Oil Update

    Crude and product futures tumbled their most in two weeks Wednesday on reports of more tanker traffic on the Strait of Hormuz as European governments were said to be in direct negotiations with Iran to secure safe passage for vessels navigating the waterway.

  • DTN Oil Update

    Crude futures settled little changed Tuesday amid reports of a NATO deployment planned for the Strait of Hormuz and U.S. President Donald Trump's remarks that he will prioritize diplomacy for now over resuming attacks on Iran.

  • DTN Oil Update

    Crude futures hit two-week highs Monday as the U.S. and Iran traded hostile rhetoric after a weekend of military strikes within the United Arab Emirates and Lebanon that further complicated the outlook for the Middle East crisis.

  • DTN Oil Update

    Oil futures surged Friday with both WTI and Brent reaching their highest levels in seven days amid expectations of tighter supplies, despite increased vessel traffic through the Strait of Hormuz and a U.S.-China agreement emphasizing that the key global oil and gas shipping...

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What DTN Is Watching

On Wednesday, the EIA will release the Petroleum Status Report at 9:30 a.m. CDT, including last week's ethanol production. No other major reports are scheduled, and traders will continue to monitor planting and growing season weather along with the ongoing conflict in the Middle East.

Weather

A slow-moving cold front is anchoring over Texas and pushing through the Ohio Valley on Wednesday. Batches of showers and thunderstorms will form along and near it throughout the day. Areas across the Southeast may pick up some good rainfall as well. In addition, a pair of disturbances are coming together in the Plains, which will produce batches of showers and some thunderstorms there as well.

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