DTN Oil Update
Oil futures were little changed on Thursday as market participants remained on the sidelines despite escalating hostilities between the United States and Iran, with traffic through the Strait of Hormuz continuing at a slow pace.
World & Policy
Headlines
-
-
DTN Oil Update
Oil and product futures edged higher Thursday morning.
-
DTN Oil Update
Oil futures were mixed on Wednesday amid high volatility as traders adopted a wait-and-see approach towards the evolving Middle East conflict, overlooking weekly U.S. government data showing a decline in crude oil inventories.
-
DTN Oil Update
Oil futures rose for the third consecutive trading day Wednesday morning on growing supply risks after the U.S. launched fresh strikes on Iran and reimposed its blockade of Iranian ports.
-
DTN Oil Update
Oil futures continued their upward trend Tuesday as the escalating U.S.-Iran conflict and the Trump administration's decision to withdraw a proposal for 20% fee charge on ships transiting the Strait of Hormuz.
-
DTN Oil Update
Oil futures extended their rise Tuesday morning as the U.S.-Iran conflict continued to escalate, including reciprocal strikes and Iranian attacks on two oil tankers in the Strait of Hormuz.
-
DTN Oil Update
Crude oil futures jumped more than 9% Monday, the highest daily rise since the Middle East conflict peaked four months ago, as the U.S. announced it will reimpose a full blockade on Iranian maritime trade.
DIM[2x3] LBL[news-world-policy-list] SEL[[data-native-ad-target=articleList]] IDX[2] TMPL[news] T[]
DIM[2x3] LBL[news-world-policy-list-2] SEL[[data-native-ad-target=articleList]] IDX[5] TMPL[news] T[]
What DTN Is Watching
Friday looks to be a quiet day for reports, with CFTC to release their weekly Commitments of Traders report at 2:30 p.m. CDT, wrapping up the week with a look into trader positions as of Tuesday, July 14. Otherwise, traders will continue to monitor the ongoing conflicts in the Black Sea and Persian Gulf, as well as U.S. weather which will remain critical for the next 30-45 days.
WeatherA large plume of wildfire smoke continues to work across the Great Lakes and into the Mid-Atlantic on Friday. In addition, isolated showers will expand across the region as a system moves through Ontario. Both should help to cut temperatures back a few degrees, but high heat continues in the Northern Plains and Upper Midwest.
(c) Copyright 2026 DTN, LLC. All rights reserved.
