WALT BREITINGER
- Indexed articles, last 90 days
- 3
- Latest publication
- Sep 25, 2026
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- Top 500K sites
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- Sep 4, 2026
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Weekly commodity wrap-up (opens the original)
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Houthi attacks originating from Yemen shook the Saudi capital Riyadh Thursday with most projectiles being intercepted. The recent surge of Houthi aerial exchanges follows their capture of the port in the city of Mocha, Yemen. Largely as a result of the attacks, Brent Crude rose 3.4% to $106.60 while West Texas Intermediate gained $2.70 to $94.71 based upon mounting supply threats. On Friday, Iran proposed another memo of understanding that would open the Strait of Hormuz. That proposal knocked c
Weekly commodity wrap-up (opens the original)
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Thursday nightâs oil prices placed West Texas Intermediate crude more than $104 per barrel and Brent crude more than $110. The price jumps reflect increased political tensions between the U.S. and Iran and military attacks by both sides. A U.S. shortage of refining capacity sent diesel prices upward even more than crude prices. Walt Breitinger is a commodity futures broker in Indiana. He can be reached at 800-411-FUTURES (3888) or www.indianafutures.com. Pinion Futures, LLC, a CFTC registered
Weekly commodity wrap-up (opens the original)
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A slight improvement in the crop condition report and already sky-high prices triggered a near 6 cent plunge in December cotton. By Thursday evening, futures were trading at 86.45 cents per pound, a daily change down about 2.79%. Ongoing drought in much of the cotton growing region and higher crude oil prices should have helped hold prices higher but former cotton bulls ran for the doors, taking profits and then trying to escape near-panic selling. Higher oil prices create higher costs for polye
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