Technically Speaking Blog
Darin Newsom DTN Senior Analyst
Wed Apr 1, 2015 07:42 AM CDT

Brent Crude Oil: The spot-month contract closed at $55.11, down $7.47 on the monthly chart. The major (long-term) trend appears to have turned sideways with support at the January 2015 low of $45.19 and resistance at the February high of $63.00. The continued strengthening of the contango in the nearby futures spread reflects an increasingly bearish commercial outlook, a factor that could lead to a test of initial support, if not the December 2008 low of $36.20.

Crude Oil: The spot-month contract closed at $47.60, down $2.16 on the monthly chart. The market posted a new low of $42.03 in ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, a new, faster method of testing soybean cyst nematode samples is...
  • Profit Makeover When Curtis Schallert's 40-year-old stands of Kentucky-31 fescue petered out a few years ago, the...
  • UAVs Taking Flight in Ag The FAA this month began accelerating its exemption approvals for companies testing the skies wit...
  • Iowa's Field of Dreams Current Iowa land values are running about 16% below peak 2013 levels. That's according to a real...
  • Drought Recovery March auctions show cash rent shocks could mount in 2016.
  • Competing for Dollars Beef is far from a loser in the daily race for buyers at meat counters across the country. It's n...
  • CDC: No Human H5N2 Cases So Far So far, there are no reported cases of H5N2 in humans, but transmission of the highly contagious ...
  • Ask the Vet Can I cure my cow's uterine infection with an infusion?
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
Railcar Placements Improve This Spring
DTN Midday Grain Comments
DTN Before The Bell Grain Comments
Gulke: Price Discovery
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Technically Speaking Blog