NEWS
Ethanol Blog
Rick Kment DTN Analyst
Mon Aug 31, 2015 04:13 PM CDT

Crude oil futures stole the attention of the market Monday as traders returned with renewed bullish enthusiasm and pushed front-month contracts nearly $4 per barrel higher.

Over the last three trading sessions, crude oil futures have soared higher with very little resistance seen as prices have moved $11 per barrel higher within those three trading sessions.

The focus during the market Monday turned less on moving prices away from the recent lows set just above $38 per barrel last week, and more on the adjustments to production levels seen through EIA data that was released Monday. This could spark additional ...

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