DTN Oil Update
Oil prices settled lower on Tuesday, reversing gains from the previous trading session, after U.S. President Donald Trump postponed by another three months the imposition of trade-prohibitive tariffs on imported Chinese goods.
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DTN Oil Update
Oil prices softened Tuesday morning, erasing gains from the previous trading session.
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DTN Oil Update
Oil prices steadied Monday morning as market participants geared up for a macro-data heavy week ending in a meeting between Presidents Donald Trump and Vladimir Putin on Friday.
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DTN Oil Update
Oil prices extended losses Friday morning after having declined for six consecutive trading days and were set for the steepest weekly drop since late June.
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O'Rourke Pushes Back on Trump's Agenda
Beto O'Rourke, a former three-term congressman from El Paso, Texas, spoke Tuesday night in Omaha, urging a crowd of about 500 people to fight not just against authoritarianism, but make the case for a country worth saving. Beyond challenging Trump, he also criticized...
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DTN Oil Update
Oil prices steadied Thursday morning after the Kremlin said that the U.S. and Russia had agreed on a venue for a direct meeting between Presidents Donald Trump and Vladimir Putin.
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DTN Oil Update
Oil prices rebounded Wednesday morning after U.S. President Trump reiterated secondary sanctions threats on buyers of Russian crude oil and products.
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What DTN Is Watching
There are no government economic reports on Wednesday, but several speeches by Federal Reserve presidents are scheduled so we could get some ideas on interest rates. Traders will be watching for the EIA's latest ethanol numbers and any new export sales announced at 8 am.
WeatherA cold front is losing its punch as it moves southeast through the Ohio and Tennessee Valleys on Wednesday. Scattered showers should develop, but more gaps in the precipitation are expected. Still, some areas of heavy rain there and through the Southeast are possible Wednesday. Another front will be moving into the Northern Plains as a system moves through the Canadian Prairies as well. Additional showers and thunderstorms are also forecast there.
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