NEWS
Darin Newsom DTN Senior Analyst
Sat Jul 19, 2014 07:19 AM CDT

Energy Markets: Weekly Analysis

Brent Crude Oil: The spot-month contract closed $0.58 higher. The secondary (intermediate-term) trend is sideways to down. The spot-month contract rallied off its test of support at $104.62, a price that marks the 61.8% retracement level of the uptrend from $96.75 through the high of $117.34. Resistance is pegged between $108.15 and $110.05.

Crude Oil: The spot-month contract closed $2.30 higher. The secondary (intermediate-term) trend on the weekly chart is sideways. The spot-month contract rallied off its test of support at $99.48, a price that marks the 50% retracement level of the uptrend from $91.24 through ...

Quick View
  • Back to Beans Growers considering moving a field from continuous corn back into soybeans should pay special att...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • SCO Sticker Shock Costs and potential disconnect with county yields make the Supplemental Coverage Option a hard se...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Clean Air Lawsuits Filed Several environmental and animal-welfare groups argue in two lawsuits that there is well-document...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
Technically Speaking Blog
DTN Closing Grain Comments
DTN's Quick Takes
Convergence: A Mathematical Explanation
DTN Midday Grain Comments
DTN Midday Livestock Comments
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
Newsom on the Market
DTN Early Word Grains