DTN Oil Update
Crude oil futures settled above $100 bbl Monday as U.S. President Donald Trump's threats of troop reinforcement and destruction of energy plants in Iran offset efforts by Pakistani mediators to de-escalate the Middle East...
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DTN Oil Update
Oil prices edged higher Monday after U.S. President Donald Trump threatened to "blow up and completely obliterate" Iran's energy infrastructure if a deal is not reached soon to end the Middle East conflict.
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DTN Oil Update
Oil prices extended their run higher Friday on dimming prospects of a ceasefire in the month-long U.S.-Israeli war on Iran.
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DTN Oil Update
Oil prices extended their run higher Friday on dimming prospects of a ceasefire in the month-long U.S.-Israeli war on Iran.
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DTN Oil Update
Crude prices rebounded Thursday from the prior session's drop as U.S. President Donald Trump pressured Iran to reopen the blockaded Strait of Hormuz or face a bombardment of its energy plants.
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DTN Oil Update
Crude prices rebounded Thursday morning as Iran signaled skepticism over peace talks with the U.S., casting doubts about a potential ceasefire to the month-long Middle East conflict that has shuttered a fifth of world oil supply.
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DTN Oil Update
Crude futures dipped Wednesday amid conflicting reports on whether the U.S. and Iran were in talks to find a solution to the more than three-week long Middle East conflict, with Israeli media suggesting an impending ceasefire.
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What DTN Is Watching
USDA will release their weekly grain export inspections report at 10 a.m. CDT Monday. Otherwise, there are no major reports scheduled. Traders will likely position ahead of Tuesday's USDA reports and watch for updates regarding the ongoing conflict in the Middle East.
WeatherA system is moving along the U.S.-Canada border on Monday. It is producing scattered showers across northern areas throughout the day and will likely produce thunderstorms in the Midwest this evening. Some of those could become severe with large hail being the main threat. Dryness in the Plains is a concern for spreading wildfires as well.
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