Commodities (Crude Oil & Copper) & Macro Outlook

伊朗宣布成立波斯灣海峽管理局，對荷姆茲海峽實施新通行機制，船隻須透過官方郵件取得授權方可通行，違規將受處置。此舉與美方「自由行動」同時推進，顯示美伊在關鍵水域的權力角力升溫，可能提高保險費與影響全球海運與能源供給。區域衝突風險上升，荷姆茲運量若下降，油價或再度走高。

According to CME Group, the exchange reported average daily volume of 25.9 million contracts in April 2026, with growth concentrated in micro-sized contracts and energy derivatives. Micro WTI crude oil futures volume increased more than fourfold year-over-year, while cryptocurrency derivatives

LME copper prices rose 1.0% to $13,126.62 per ton in the latest trading session.

Gate News: According to the latest Gate TradFi data, COCOA (Cocoa) has surged by 14% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Gate News: According to the latest Gate TradFi data, COCOA (Cocoa) has surged by 12% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

According to US News reporters Reanna Smith and Tom McGhie, Donald Trump warned today (May 5) that World War III would erupt if he were not president, while boasting of destroying 159 Iranian naval vessels. Trump made the remarks during a White House small business summit on Monday, where he repeate

According to EU Energy Commissioner Dan Jørgensen, on May 5, the world is facing its most severe energy crisis in history. Since the escalation of the Middle East situation, EU countries have spent an additional $350 billion on fuel imports without receiving any additional

According to Gate data, Brent crude oil fell to $110 per barrel today, down 2.08% intraday. WTI crude oil dropped below $104 per barrel, declining 2.10% in the session.

According to S&P Global, non-oil companies in the United Arab Emirates raised prices on May 5 at the sharpest rate in almost 15 years as supply disruptions from the US-Israeli conflict with Iran compressed profit margins. The UAE private sector's purchasing managers' index (PMI) fell from 52.9 in Ma

According to a notice from Iraq's State Organization for Marketing of Oil (SOMO) dated May 3, Iraq is offering substantial discounts on its flagship Basra crude to long-term contract buyers willing to transit the Strait of Hormuz to collect shipments. For crude loaded between May 1-10, the discount

Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP) announced on April 4 that the country's combined oil and gas production in March reached 5.531 million barrels of oil equivalent per day, marking a historical record. The production surge reflects both operational expansion and

According to Gate data, gold rose to $4,539.50 per ounce with a 0.34% daily gain today, while silver gained 0.18% to $72.815 per ounce. The Bitcoin volatility index (BVIX) climbed 0.86% to 40.87, and the Ethereum volatility index (EVIX) surged 2.89% to 57.00. European equities showed weakness, with

According to ChainCatcher, a whale at address 0x320 opened a $10 million BTC short position with 21x leverage 1 hour ago, with an entry price of $80,251.8 and liquidation price of $108,669. The whale also holds $11 million in ZEC shorts, $8.4 million in Brent oil shorts, and $6.6 million in Amazon s

According to CNBC, U.S. crude oil exports rose to 5.2 million barrels per day in April, up over 30% from 3.9 million barrels in February. The export volume reached its highest level since April 2016, according to data from

5月4日伊朗對UAE發射15枚飛彈與4架無人機，UAE空防攔截，Fujairah油區起火；伊朗也鎖定一艘UAE相關油輪與一艘南韓商船，均未沉但引擎室起火。美軍以Apache與SH-60擊沉6艘伊朗快艇並攔截無人機。此為4/8停火後首度直接衝突，雙方爭奪荷姆茲敘事與掌控。油價波動、OPEC+應對待觀察。

中東局勢升溫推高油價，美股自高點回落；比特幣昨日突破8萬美元，最高至80,776美元，Deribit 8萬買權未平倉顯著上升，顯示資金押注月內價格上行。ETF本週淨流入6.3億美元，市場對穩定幣收益條款達成抱持樂觀，並涉及CLARITY Act的相關動向。

Asian equity-index futures in Australia, South Korea, and Hong Kong are set to fall Tuesday, May 5, as surging oil prices weigh on US equities and bonds. Escalating tensions around the Strait of Hormuz have raised concerns about elevated energy costs. Japan's futures signaled a modest gain, while US

Broadridge has completed its acquisition of CQG, integrating futures and options execution, market connectivity, and analytics capabilities into its platform. The combined infrastructure allows institutional clients, brokers, and derivatives traders to access execution management, order routing, and

According to Iran's Fars news agency, two missiles hit a U.S. warship today, triggering a sharp reversal in Bitcoin from its $80,594 high to around $79,000. Oil prices surged 5% on the report before the U.S. denied the claim. Ethereum, Solana, and Dogecoin declined sharply alongside the broader mark

According to the UAE Ministry of Foreign Affairs, a tanker operated by the Abu Dhabi National Oil Company was struck by two Iranian drones while transiting the Strait of Hormuz on May 4. The ministry reported no casualties from the attack and strongly condemned the incident, calling on Iran to