DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Jan 2, 2014 03:18 PM CST

Crude oil futures closed sharply lower at 95.44 per barrel, down $2.98 and March was at $95.77 per barrel, down $2.78. Oil futures found pressure from reports of more crude oil moving out of Libya after exports were stalled there due to protestors causing a two-month work stoppage. According to news from the state's National Oil Corporation, production is expected to resume at two of Libya's southern oil fields once negotiations with protestors are completed. Also adding pressure to oil was the strong rise in the U.S. dollar on Thursday. RBOB futures followed crude oil lower with January down 9 ...

Quick View