DTN Oil Update
Oil futures rallied Friday, Dec. 5, on news reports that the Group of Seven Countries (G7) and the European Union could ban all Western tankers from carrying Russian oil, a development that would affect near-term energy supplies.
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DTN Oil Update
ULSD futures edged higher Friday, Dec. 5, morning, supported by global supply concerns while gasoline and oil prices steadied on expectations of a Federal Reserve rate cut next week.
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DTN Oil Update
The NYMEX ULSD futures contract for January delivery reversed early losses to settle higher Thursday as crude prices were boosted by Russia's demands for a change in a U.S. peace plan for Ukraine.
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DTN Oil Update
ULSD futures continued to soften Thursday morning while crude oil and gasoline futures held to Wednesday's gains following the Energy Information Administration's report of across-the-board builds in U.S. oil and fuel inventories last...
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DTN Oil Update
Crude futures rose Wednesday, Dec. 3, on Moscow's apparent lack of urgency in ending its war with Ukraine, which has resulted in U.S. sanctions on Russian oil.
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DTN Oil Update
Crude oil and gasoline futures rose Wednesday, Dec. 3, morning after comments by Russian President Vladimir Putin weighed on hopes of a quick diplomatic solution to the war in Ukraine.
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DTN Oil Update
Crude futures dipped Tuesday, Dec. 2, as Russian President Vladimir Putin held talks in Moscow with U.S. representatives seeking to end the war in Ukraine.
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What DTN Is Watching
At 7:30 a.m. CST, the Bureau of Economic Analysis will release the delayed Personal Consumption Expenditure data from September. In the afternoon, CFTC will release another Commitments of Traders report at 2:30 p.m. CST, with positions up to October 28.
WeatherAn old cold front has stalled across the Gulf and Southeast Coasts where showers continue for Friday. The first in a long series of clippers is moving through Ontario and its cold front dropping into the Northern Plains and Upper Midwest is producing some light snow.
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