Commodities (Crude Oil & Copper) & Macro Outlook

According to a16z Crypto, tokenized real-world assets (RWA) have exceeded $300 billion in size, growing 10-fold over the past two years. U.S. Treasury bonds account for nearly half of the total, with the asset class expanding to include government debt, commodities, equities, and private credit on-c

According to 金十数据, President Trump stated on May 8 that the U.S. may resume Operation Prosperity Guardian, aimed at assisting vessels transiting the Strait of Hormuz. Trump indicated that if negotiations with Iran do not

According to Iranian lawmaker Jafar Pourkabani, on May 9, oil pollution detected near Kharg Island was caused by a European tanker's discharge of oil residue and ballast water waste, not by Iran's oil storage facilities. Satellite imagery supports the claim, Pourkabani said, dismissing media

According to Bloomberg Terminal, BlackRock recently submitted paperwork to launch two tokenized money-market funds designed for investors holding stablecoins instead of bank deposits. The digital asset class will be tied to BlackRock's Select Treasury Based Liquidity Fund (BSTBL), which manages

AZUL Airlines' chief financial officer said the Brazilian airline expects a loss of 1 billion reais this year due to rising jet fuel prices.

According to a Federal Reserve survey, oil crisis was ranked as the second-largest risk concern in spring 2026, but dropped from the list of major concerns by fall 2025.

According to the U.S. Commodity Futures Trading Commission (CFTC), WTI crude oil speculators reduced their net long positions by 2,220 contracts to 106,278 contracts during the week ending May 5.

Despite a surge in traditional equities and heightened military tensions in the Middle East, bitcoin remained stagnant over the last 24 hours, trading sideways near the $80,000 mark. Key Takeaways: Bitcoin ended the week flat at $80,200 as markets largely ignored U.S.-Iran military

According to ICE, as of the week ending May 5, Brent crude oil speculators reduced net long positions by 9,000 contracts to 374,205. Fuel oil speculators also cut net long positions by 1,621 contracts, bringing the total to 59,651.

According to Jin10 Data, Shanghai gold futures closed down 0.21% at 1,037 CNY per gram on May 9 overnight, while silver futures rose 0.09% to 19,864 CNY per kilogram. SC crude oil futures gained 0.58% to close at 626 CNY per

According to ECB governing council member Nagel on Friday (May 9), the central bank is "highly vigilant" regarding inflation risks driven by the Iran conflict and will take action as needed to prevent energy cost increases from spreading more broadly to prices. Nagel emphasized that policymakers

U.S. natural gas drilling rigs totaled 129 as of the week ending May 8, down 1 from 130 rigs the previous week.

The U.S. total rig count reached 548 in the week ended May 8, up from 547 in the prior week.

According to Fitch Ratings, the ratings agency recently raised its forecasts for crude oil and European natural gas prices in the near term.

The U.S. oil rig count for the week ending May 8 is scheduled to be released in approximately ten minutes.

According to Goldman Sachs, U.S. LNG supply this summer could be 5 million tons per year lower than previously expected.

According to JPMorgan Chase analysts, U.S. gasoline prices could rise to $5 per gallon as refineries prioritize jet fuel production amid energy supply pressures. The bank's report on May 8 noted that current gasoline prices have already reached $4.55 per gallon. Refineries are shifting production to

According to Nomura Securities, the Bank of England may raise interest rates by 25 basis points in 2026 if Brent crude oil prices remain around $90 per barrel. LSEG data shows the market has fully priced in two 25bp rate hikes from the BoE before

According to a Goldman Sachs survey released on May 8, a majority of investors expect shipping disruptions through the Strait of Hormuz to persist beyond June. Specifically, 43% of respondents anticipate normal shipping operations will not resume until July or later. The survey also found that one-t

According to Barclays on May 8, the bank maintained its forecast for Brent crude oil to average $100 per barrel in 2026, with risks skewed to the upside. "Even in the most optimistic scenario, we believe oil prices may still be undervalued, as demand remains strong and inventories continue to