DTN Oil
New York Mercantile Exchange oil futures and Brent crude traded on the Intercontinental Exchange settled Friday's session with sharp losses propelled by a spike in the U.S. dollar index.
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DTN Oil
New York Mercantile Exchange oil futures and Brent crude traded on the Intercontinental Exchange were little changed early morning Friday.
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DTN Oil
New York Mercantile Exchange oil futures and Brent crude traded on the Intercontinental Exchange declined for the second session on Thursday, dragged lower by building crude inventories domestically amid signs of recession in manufacturing, and a firmer U.S. dollar index...
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DTN Oil
Following Wednesday's sell-off triggered by bearish inventory data in the United States, oil futures on the New York Mercantile Exchange and Brent crude traded on the Intercontinental Exchange softened again early Thursday.
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DTN Oil
New York Mercantile Exchange oil futures and Brent crude traded on the Intercontinental Exchange settled the first trading session of February with sharp losses amplified by a bearish inventory report from the U.S. Energy Information...
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DTN Oil
New York Mercantile Exchange oil futures and Brent crude traded on the Intercontinental Exchange flipped between modest gains and losses in pre-inventory trade Wednesday.
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DTN Oil
Reversing earlier losses, oil futures nearest delivery on the New York Mercantile Exchange settled the last trading session of January higher after the U.S. employment cost index showed wage pressure eased further at the end of 2022.
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What DTN Is Watching
The U.S. Labor Department will release nonfarm payrolls for January and the monthly unemployment report at 7:30 a.m. CST, Friday's main attractions. Traders will watch over the latest weather forecasts and pause at 8 a.m. to see if USDA has an export sale announcement.
WeatherA burst of arctic air with the polar vortex continues in the Midwest where some lake-effect snows are occurring. A front is finally being pushed out of the Southeast where showers continue for the day. While eastern areas are getting colder, the Plains are getting warmer as a ridge of high pressure spreads eastward. The next system is moving into the West Coast, which will have implications east of the Rockies for next week.
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