Commodities (Crude Oil & Copper) & Macro Outlook

According to S&P, on April 30, the company raised its 2026 WTI and Brent crude oil price forecasts by $15 per barrel to $95 and $100 respectively, with 2027 targets increased by $5 per barrel. S&P attributed the upward revision to two factors: persistent oil supply disruptions and heightened geopoli

According to CME Group, crude oil, U.S. Treasuries, and gold surged in volatility on April 29, reflecting a cross-asset contagion pattern. The CME CVOL index showed crude oil and U.S. Treasury 30-day implied volatility rising sharply, while Treasury convexity has climbed since late 2025, signaling m

According to U.S. Energy Information Administration (EIA) data, American crude oil net imports fell to negative levels in the latest week, marking a historic low. Meanwhile, weekly crude oil exports surged to a record high of over 6 million barrels per day

According to Jinshi, U.S. crude oil inventories fell by 6.234 million barrels for the week ending April 24, significantly exceeding expectations of a 231,000-barrel decline. The prior week saw inventories rise by 1.925 million barrels.

伊朗警告将实施军事反击，美布两油大涨超4%。霍尔木兹海峡封锁风险升温，油价暴涨对加密挖矿、通胀预期与资金流向会有什么样的影响？

According to Trump's statement to Israel's Channel 12 on April 30, the U.S. President said he will not lift the naval blockade on Iran until a nuclear agreement is reached. Trump described the naval blockade as more effective than bombing, stating that Iran's oil reserves and pipelines will soon be

According to S&P Global, oil inventories at the United Arab Emirates' Fujairah storage hub collapsed to 6.982 million barrels on April 29, marking a 6.3% week-on-week decline and the fourth consecutive record low since the Iran-Israel conflict escalated. The storage center has plummeted

4/29油價續漲，Brent突破114美元、WTI至103.18美元。主因被視為川普政府擬擴大封鎖伊朗港口、打擊出口；自2/28以來WTI漲幅逾49%。若港口封鎖成真，全球供給短期難緩解，後續看美方公告、伊朗回應與Brent是否再破120。

According to The Block, stablecoin management platform Stable Sea has partnered with asset manager WisdomTree to integrate the tokenized money market fund WTGXX directly into its enterprise payment and treasury management platform. Stable Sea users can now convert idle stablecoin balances into WTGXX

According to OAPEC's quarterly report, Arab liquefied natural gas exports fell by nearly 24% to 22 million tonnes in the first quarter of 2026 from 29 million tonnes in the same period of 2025, following Iranian missile strikes on Qatar's Ras Laffan facilities in March and the closure of the

The United Arab Emirates announced its departure from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ on April 29, 2026, effective May 1, 2026, citing shifting national energy priorities but prompting analysts to also point to regional frustration over responses to Iranian att

Wizz Air CEO József Váradi warned on 29 April 2026 that airlines across Europe could face shutdown by September if jet fuel prices remain high, according to statements reported by The Telegraph. Váradi cautioned that a slowdown in summer bookings combined with the ongoing jet fuel crisis could

Liquid announced it has raised $18 million in Series Seed funding to expand its multi-asset trading platform that provides continuous access to cryptocurrencies, equities, commodities, foreign exchange, and pre-IPO assets. The round was co-led by Neo and Left Lane Capital, with participation from se

According to compiled fund flow data, U.S.-listed spot Bitcoin ETFs posted net outflows of $89.7 million in the latest trading session, with BlackRock's iShares Bitcoin Trust recording the largest withdrawal at $112.2 million. Smaller outflows were also recorded in Fidelity's FBTC and Bitwise's BITB

According to U.S. Defense Secretary Pete Hegseth, Iran is pursuing nuclear weapons using a "North Korea strategy," as President Trump posted pressure messages on his social media early on April 29 (U.S. Eastern Time). Trump, who posted a photo of himself armed with sunglasses and a rifle alongside t

According to ChainCatcher, Brent oil futures surged in the pre-market session over the past hour, reaching a high of $108. On Hyperliquid, BRENTOIL recorded a 24-hour gain of 3%, recovering most of its monthly decline. A short whale on the platform was forced liquidated multiple times during the ral

Gate News message, April 29 — Thomas Hulick, CEO of Strategy Asset Managers, said energy prices have become the key variable in the Federal Reserve's policy trajectory as markets widely expect Fed Chair Jerome Powell and the Federal Open Market Committee to hold interest rates steady. Futures market

Polymarket, one of the largest prediction markets in operation, has reportedly approached the U.S. Commodity Futures Trading Commission (CFTC) to lift a four-year ban on American users of its main on-chain exchange, according to Bloomberg. With four of five CFTC commissioner seats vacant, Chair Mich