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  • DTN Oil Update

    Crude oil futures fell 5% Monday while natural gas futures plunged 26% amid de-risking by investors in energy markets on reports that Iran was in talks with the U.S. to avoid war over its nuclear program.

  • DTN Oil Update

    Oil and product futures plunged around 5% Monday, Feb. 2, morning after U.S. President Donald Trump and Iranian officials announced talks between Washington and Tehran.

  • DTN Oil Update

    Crude futures dipped Friday, Jan. 30, but posted their highest monthly hike in 2-1/2 years, supported by concerns over near-term oil supply, after the United States took over the Venezuelan oil industry and threatened military action against Iran.

  • DTN Oil Update

    Crude oil futures steadied Friday morning on cooling U.S.-Iran tensions but remained well on track for their sixth consecutive weekly increase, and the largest in three months.

  • DTN Oil Update

    Crude futures jumped more than 3% Thursday, Jan. 29, hitting five-month highs, as Iran announced military exercises in the Persian Gulf that added to tensions already running high from threats of U.S. military strikes against the Islamic republic.

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What DTN Is Watching

Friday looks to be a mostly quiet session for reports, but traders will tune in at 8 a.m. CST to see if USDA reports any flash export sales. After the close, CFTC will release their Commitments of Traders report which will update trader positions as of Tuesday, February 3.

Weather

A clipper system is bringing some snow and breezy winds to the Great Lakes Friday morning, which will spread through the Northeast as well. A big burst of wind and cold temperatures will follow it into the weekend across these areas. Meanwhile, it will stay rather quiet across the rest of the country with warmer air in place.

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