Category: Refined Fuels

Crude prices surged higher on Wednesday despite the ongoing uncertainty as to who will ultimately win the U.S. presidential election.

The uncertainty about demand created by the coronavirus pandemic has compromised many companies’ ability to raise capital and fund acquisitions. For some, however, this is the time of opportunity.

U.S. equity indices and global oil prices are tumbling lower this week, while the U.S. dollar and U.S treasuries are rebounding from their recent lows and moving higher. This is classic risk-off behavior.

Learn about the history between the US dollar and the commodities market, and how the dollar’s strength or weakness influences energy trading.

DTN Chief Meteorologist Jim Foerster and former DTN Financial Analytics Editor Brian Milne joined Donovan Woods and John Eichberger on their podcast “Convenience Matters!” to talk about how hurricanes can affect the downstream fuel business.

This week’s IMF outlook calling for China to be the only nation globally to post positive year-on-year GDP growth for 2020 continues to reflect what oil imports, vehicle traffic data and earnings reports from the world’s largest public companies have been saying for months: the Chinese economy has bounced back faster and stronger than anywhere

Read what’s in store for the energy market this winter. Get expert insight and analysis in our latest white paper.

Even as weather forecasts called for one of the most active hurricane seasons on record, few could have foreseen how long a lifeline the 2020 Atlantic hurricane season would throw to oil bulls, OPEC+ and all those hoping for narrowing inventories of crude globally.