DTN Oil Update
Brent futures were mixed Friday, Nov. 28, morning as the oil complex was heading for the fourth consecutive monthly decline.
World & Policy
Headlines
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USDA's Chief Economist to Lead FAPRI
Seth Meyer, who has been USDA's chief economist since 2021, will replace Pat Westhoff as director of FAPRI. Westhoff, who has directed FAPRI since 2011, is retiring effective March 1, 2026.
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An Urban's Rural View
Argue about immigration policy by all means; but be thankful for the many benefits immigration has brought our country.
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DTN Oil Update
Crude futures settled down almost 2% Tuesday, Nov. 25, as traders see that U.S. efforts to end the Russia-Ukraine could increase the chances of Russian oil trade sanctions being lifted, adding more barrels to global markets.
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DTN Oil Update
Crude futures tumbled Tuesday, Nov. 25, morning on media reports that Ukraine supports the essence of a framework for peace with Russia drawn up by the United States.
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DTN Oil Update
Crude futures rebounded Monday as growing optimism for a Federal Reserve rate cut in December offset concerns about the potential re-entry of Russian oil into the global marketplace if a U.S. peace plan for Ukraine succeeds.
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DTN Oil Update
Crude futures steadied Monday, Nov. 24, as market participants weighed advancements in a U.S. peace initiative for Ukraine against prospects for a Federal Reserve rate cut in December.
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What DTN Is Watching
Early Friday at 7:30 a.m. CST, USDA will release its most recent weekly export sales report with data up to October 16, still working to catch up on missed reports from the government shutdown. The market will also close early at 12:05 p.m. CST.
WeatherSnow and rain will develop across the Plains Friday as a strong low pressure system moves from west to east across the center of the country this weekend. Heavy snow will eventually move into the Upper Midwest Friday night and continue into Saturday as the system moves east. Rain showers and thunderstorms are favored in the Southeast Plains and Southern Delta.
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