DTN Oil Update
Oil futures rose to their highest since May Tuesday morning amid intensifying Iranian attacks on commercial ships in the Strait of Hormuz and lingering Houthi threats on Saudi infrastructure supporting a higher...
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DTN Oil Update
WTI surges as sanctions waiver, Hormuz disruptions reshape oil markets
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DTN Oil Update
Oil futures retreated Monday morning after rallying Friday on the back of growing Middle East supply risks as escalating fighting in the region threatened a fragile oil supply recovery.
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DTN Oil Update
Oil prices surge above $100 as supply fears tighten markets.
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DTN Oil Update
Oil prices ease as supply risks, shrinking inventories support gains.
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DTN Oil Update
Crude oil futures were mixed for a third consecutive trading session on Thursday, as Brent crude futures edged lower after media reports suggested the Trump administration may be considering easing sanctions on shadow fleet vessels.
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DTN Oil Update
Most oil futures softened Thursday morning on reports that the U.S. was considering easing sanctions on Russia, while NYMEX WTI futures bucked the trend after an American Petroleum Institute (API) report showed a hefty draw to commercial crude oil...
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What DTN Is Watching
On Friday, USDA will release the October Cattle on Feed report at 2 p.m. CDT, as well as the monthly Cold Storage report at the same time. At 2:30 p.m. CDT, CFTC will release the weekly Commitments of Traders report, updating positions as of Tuesday, October 20.
WeatherA system is crossing over the Rockies and into the Northern Plains on Friday as it continues to trek northeast. Areas of scattered showers will develop around the low-pressure center, which may include some snow in Montana Friday night. Breezy winds will also occur. Outside of the Southwest, the rest of the country should remain mostly warm and dry, allowing for more fieldwork to progress.
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