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  • DTN Oil Update

    Oil prices jumped more than 7% Monday morning on U.S. President Donald Trump's intent to blockade all ships sailing in and out of Iranian ports in the latest escalation to the Middle East crisis, which the U.S. military confirmed it will enforce.

  • DTN Oil Update

    Crude futures ended Friday's trading with the largest weekly drop in 10 months, ahead of U.S.-Iran talks that could drive energy prices lower if a peace deal is struck after more than a month of fighting that...

  • DTN Oil Update

    Crude futures were steady on Friday, headed for their largest weekly decline in 10 months, as market participants awaited the outcome of U.S.-Iran peace talks after a more than a month of fighting that led to an upheaval in Middle East oil supplies...

  • DTN Oil Update

    Oil markets saw choppy trade Thursday on conflicting signals over peace prospects in the Middle East as Israel delivered mixed messaging on whether it would accede to Iran's demands to stop bombing Lebanon.

  • DTN Oil Update

    Crude and product futures rebounded Thursday from the selloff of the previous session as tensions flared again in the Middle East from Iran's threat to abandon a ceasefire with the U.S. and Israel if its ally...

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What DTN Is Watching

USDA will release their weekly export sales report at 7:30 a.m. CDT Thursday morning. There are otherwise no major reports scheduled and markets will follow weather and geopolitical clues.

Weather

A system is moving through the Midwest on Thursday, spreading through some showers and thunderstorms. This is the least-intense day of the week for thunderstorms but we could see a few stronger ones in the northern Delta and Tennessee Valley. A sharp cold front is moving down from Canada into the Northern Plains and will bring through scattered showers of its own, including accumulating snow in the Canadian Prairies. Temperatures are falling sharply behind the front.

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