Commodities (Crude Oil & Copper) & Macro Outlook

Gate News message, April 23 — Iran has prepared a comprehensive list of retaliation targets against the United States and its allies, based on principles of "proportional response" and "offensive deterrence," according to Iranian officials on April 23. The plan comes amid diplomatic setbacks and a l

American car rental companies are experiencing a significant jump in electric vehicle bookings as drivers seek to avoid soaring fuel costs tied to Middle East conflict-related disruptions, with Hertz reporting a 25% rise in EV reservations in March 2024 compared to February. The surge follows U.S. g

Gate News message, April 23 — President Donald Trump ordered the US Navy to "shoot and kill" any Iranian boat laying mines in the Strait of Hormuz "without hesitation," according to a statement posted on Truth Social today. Trump also directed minesweepers to continue clearing the strait at triple c

Gate News message, April 23 — Global bond markets entered 2026 expecting monetary easing, but geopolitical tensions in the Middle East and energy supply disruptions reversed that narrative during Q1, forcing investors to reassess interest rate outlooks. According to Eurex data, March marked a

Gate News message, April 23 — Iran has brought Strait of Hormuz traffic close to a standstill after firing on three ships and seizing control of two of them on Wednesday, escalating tensions around a critical global energy route. The seizures came one day after Trump extended the ceasefire while

Gate News message, April 23 — South Korea's economy expanded 1.7% in the first quarter, beating the central bank's 0.9% forecast and marking the fastest quarterly growth in five and a half years. Strong chip exports and a rebound in investment drove the expansion. Exports rose 5.1% and imports

Gate News message, April 23 — Prediction market platform Kalshi has partnered with crypto oracle protocol Pyth as a data provider for its newly launched Commodities Hub, an interface enabling users to trade binary options on commodities including Brent crude oil, gold, lithium, and soybeans. Pyth wi

Singapore’s March inflation rose to 1.8% y/y, led by petrol, retail goods, and services; core at 1.7%. MAS lifted the 2026 forecast to 1.5–2.5% and tightened policy amid higher energy prices. Abstract: This brief analyzes Singapore’s inflation trajectory in March, highlighting headline inflation at 1.8% y/y and core at 1.7%, driven by higher petrol, retail, and services costs. It notes MAS’s upgrade of the 2026 inflation forecast to 1.5–2.5% and a tighter policy stance, with electricity tariffs expected to rise due to energy price pressures.

China's Guangdong province, an industrial hub comparable in size to South Korea, has experienced electricity spot prices nearly double due to constrained natural gas supply from the Middle East, according to Bloomberg. Spot rates climbed to nearly 680 yuan (S$112) per megawatt-hour on April 14 – a t

Gate News message, April 23 — A whale wallet address 0xb58 is currently holding a 3x leveraged long position in BRENTOIL with over $1.4 million in unrealized gains, according to Onchain Lens monitoring. Simultaneously, the same whale maintains a 3x leveraged short position in SOL, which is

美伊延長停火但荷姆茲海峽僵局未解，能源風險抬升使布蘭特油價突破100美元，推升通膨預期。現貨黃金在連跌後回穩，報約4,733美元，ETF資金連續三週流入，顯示避險需求與基本面支撐。高槓桿成交下降、籌碼沉澱，機構動態調整黃金權重；若逼近4,850美元可能出現獲利賣壓，市場短線或震盪。

Gate News message, April 23 — Gold prices fell to $4,731.95 per ounce with a daily decline of 0.18%, while silver dropped to $77.585 per ounce, down 0.13% intraday. Bitcoin volatility index (BVIX) stood at 43.64, declining 1.80%, and Ethereum volatility index (EVIX) reached 63.90, down 5.19%. In

4 月 23 日，比特幣重探 78,000 美元上方，美國總統川普（Donald Trump）於 4 月 22 日接受福克斯新聞（Fox News）記者瑪莎·麥卡勒姆（Martha MacCallum）採訪時，確認美伊停火談判不設時間表，並否認美媒 Axios 同日援引美國官員所稱的「3 至 5 天窗口期」報道。

Gate News message, April 23 — U.S. stock index futures (contracts based on major U.S. equity benchmarks) and spot precious metals fell sharply, while international crude oil prices dropped significantly. WTI crude oil (West Texas Intermediate, the U.S. benchmark for oil pricing) plunged 11% in a si

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Kalshi taps Pyth as data provider for Commodities Hub, launching binary-event markets on oil, lithium, soybeans, with dozens of live contracts; emphasizes 24/7 price discovery beyond traditional exchanges. Abstract: Kalshi has named Pyth, a crypto oracle, as the data provider for its newly launched Commodities Hub, enabling event-based contracts on major commodities. Dozens of markets cover price moves in Brent, lithium, soybeans, and more, with binary bets on rising or falling prices. The platform argues that 24/7 price discovery is increasingly essential as geopolitical events unfold outside traditional exchange hours.

Iran seized two container ships near Hormuz, escalating tensions amid a ceasefire extension; oil rose as Tehran rejected U.S. talks and denounced European silence. Abstract: Gate News reports that Iran seized two container ships, MSC-FRANCESCA and EPAMINODES, in the Strait of Hormuz, citing violations of maritime regulations and unauthorized operations. The first incident occurred at 8:38 a.m. UTC about eight nautical miles off Iran's coast, and a second around 5:47 a.m. London time about 15 miles northeast of Oman, with a third vessel reportedly hit. The seizures coincide with Trump's ceasefire extension and coincidently sent Brent and WTI crude higher. Goldman Sachs' Daan Struyven said the ceasefire extension reduces the probability of major disruption to global energy infrastructure, though shocks remain. Diplomatically, Iran's Foreign Minister Abbas Aragchi stated Iran has "no plans" to negotiate with the U.S., condemned European silence over what it calls unlawful U.S. and Israeli attacks, and described the blockade of Iranian ports as "an act of war" while deeming the seizure a greater violation.

CNBC三篇報導結合：4月22日川普延長伊朗停火並維持荷姆茲封鎖後，IRGC扣押兩艘貨櫃船，市場油價逼近每桶100美元，美股收跌約0.6%。停火延長被視為談判窗口非戰事終結，海上風險仍存。荷姆茲航運近乎停擺，布倫特近100、WTI90多美元，油價走勢取決於談判進展、封鎖走向與航運恢復等因素。

Gate News message, April 22 — Most Chinese commodity futures advanced during the night session close on April 22. No. 20 rubber led gains with a 2.4% increase, while rubber, urea, glass, soybeans, fuel oil, low-sulfur fuel oil, and soda ash each rose more

Gate News message, April 22 — The U.S. Energy Information Administration (EIA) reported Wednesday that crude oil inventories increased by 1.9 million barrels to 465.7 million barrels in the week ending April 17, against expectations of a 1.2 million barrel decline. Gasoline and refined fuel inventor