DTN Oil Update
Brent futures advanced to their highest in seven weeks Tuesday morning after fresh Houthi attacks on Saudi energy facilities forced shut operations. WTI's front-month contract touched a 13-week high in early...
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New Beef Order Directs MCOOL Review
Trump signed an executive order on Friday directing agencies to review cattle and beef policies, but the order makes no immediate policy changes.
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DTN Oil Update
Oil futures closed mixed Friday in thin trading activity ahead of the U.S. Labor Day holiday amid a U.S.-Iran hostility escalation and the expectation of tightening global supplies.
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DTN Oil Update
Oil prices retreated Friday but remained on track for sharp weekly gains ahead of the Labor Day holiday as renewed U.S.-Iran hostilities sustained fears of prolonged supply disruptions through the Strait of...
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DTN Oil Update
Crude futures gave back most of the gains that elevated them to six-week highs Thursday as the market balanced concerns over the impact of heightened fighting in the Middle East with U.S. President Donald Trump's...
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DTN Oil Update
Crude futures hovered near six-week highs Thursday morning amid escalating Middle East tensions from U.S. bombing of Iran and Israel's renewed threats of military strikes against Tehran.
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DTN Oil Update
Oil markets rebounded from intermittent weakness to settle higher Wednesday after federal data showed a larger-than-expected draw in U.S. commercial crude stocks.
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DTN Oil Update
Crude futures retreated Wednesday from one-month highs as traders awaited official U.S. petroleum inventory data for last week amid mixed signals for energy freight on the Strait of Hormuz from the U.S.-Iran...
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What DTN Is Watching
Friday will be a full schedule for reports and data. Starting at 7:30 a.m. CDT, the Bureau of Labor Statistics will release the August Consumer Price Index report. At the same time, USDA's delayed weekly Export Sales report will be out as well. The Ag trade will center around the release of USDA's September Supply and Demand estimates (WASDE) at 11 a.m. CDT. Finally, CFTC will be out with the Commitments of Traders report at 2:30 p.m. CDT, updating positions as of Tuesday, September 8.
Weatherlargely stalled out in the Tennessee Valley where it will continue to bring areas of showers and thunderstorms for Friday. Another front is moving through the Canadian Prairies and Northern Plains. While there are few showers with it early Friday morning, we should see thunderstorms developing along it Friday afternoon and especially evening across the Upper Midwest.
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