DTN Oil Update
Oil futures fell Friday morning and were on track for a weekly decline. This came after China denied being engaged in any active tariff negotiations with the U.S.
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DTN Oil Update
Oil futures settled higher on Thursday, despite the Energy Information Administration (EIA) reported a build in U.S. crude oil commercial inventories last week, coupled with expectations of ample supplies driven by additional output from some OPEC...
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DTN Oil Update
Oil futures reversed losses from the previous trading session on Wednesday morning, despite a build in U.S. crude oil commercial inventories last week and expectations of ample supplies driven by additional output...
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DTN Oil Update
Oil futures dropped nearly 1% on Wednesday, driven by media reports signaling Kazakhstan's decision to increase production beyond the OPEC+ quota, which is expected to put downward pressure on global oil...
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DTN Oil Update
Oil futures slid Wednesday morning, erasing Tuesday's 2% gain, which followed the U.S. Treasury striking a softer tone on the trade war with China and targeting Iranian energy flows with additional sanctions.
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What DTN Is Watching
Weekly Export Sales at 7:30 a.m. CDT
Initial Jobless Claims at 7:30 a.m. CDT
ERS Commodity Costs and Returns at 1 p.m. CDT
USDA Fats and Oils: Oilseed Crushings -- March at 2 p.m. CDT
USDA Grain Crushings and Co-Products Production -- March at 2 p.m. CDT
USDA Weekly Slaughter at 2 p.m. CDT
WeatherA low-pressure system is moving northeast through the Midwest on Thursday with widespread showers and thunderstorms. Some severe weather will be possible there down to the Gulf as well. Another front and system will trail behind it across the Plains with additional showers possible.
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