Commodities (Crude Oil & Copper) & Macro Outlook

According to the U.S. Energy Information Administration (EIA), domestic gasoline production rose to 10.2009 million barrels per day in the week ending June 12, up from 9.8737 million barrels per day in the prior week.

According to EIA, U.S. crude oil imports for the week ending June 12 fell 241,000 barrels, compared with 525,000 barrels in the prior week.

According to the Energy Information Administration, U.S. gasoline inventories fell by 906,000 barrels for the week ending June 12. The decline was smaller than the expected decrease of 1.01 million barrels but represented a reversal from the prior week's increase of 186,000 barrels.

According to the U.S. Energy Information Administration (EIA), the country's refinery utilization rate increased 1.4% on the week of June 12, compared to 0.6% in the prior week.

According to the U.S. Energy Information Administration (EIA), U.S. crude oil inventories declined by 8.26 million barrels during the week ending June 17. The drawdown exceeded analyst expectations of 3.68 million barrels and Bloomberg consensus of 5.2 million barrels.

According to EIA data, U.S. refinery capacity utilization rose to 96.7% for the week ending June 12, surpassing the forecast of 95.6% and the previous week's 95.3%.

According to EIA data, U.S. reformulated gasoline stockpiles fell by 13,000 barrels in the week ending June 12, compared to an increase of 8,000 barrels in the prior week.

According to the Energy Information Administration (EIA), U.S. refinery crude oil inventories stood at 951,000 barrels as of the week ending June 12, beating expectations of a 470,000 barrel decline and compared to a 200,000 barrel decrease in the prior week.

According to the U.S. Energy Information Administration (EIA), American gasoline production in the week ended June 12 rose to 356,000 barrels per day, up from 296,000 barrels per day in the previous week, marking an increase of

According to EIA data, U.S. crude oil production increased to 230,000 barrels per day for the week ending June 12, up from 81,000 barrels per day in the previous week.

According to EIA data, U.S. heating oil stockpiles declined 204,000 barrels in the week ending June 12, compared with a decline of 246,000 barrels in the prior week.

According to the U.S. Energy Information Administration, crude oil inventories fell 8.263 million barrels in the week ended June 12, exceeding expectations of a 4.566 million barrel decline and the prior week's 7.227 million barrel

According to EIA data, U.S. refined oil production declined by 29,000 barrels per day for the week ending June 12, down from an increase of 24,000 bbl/d in the previous week.

According to the U.S. Energy Information Administration (EIA), U.S. Strategic Petroleum Reserve (SPR) inventory declined by 8.94 million barrels for the week ended June 12, compared to a decline of 7.927 million barrels in the previous week.

According to EIA, during the week ending June 12, U.S. crude oil inventories at Cushing, Oklahoma declined 1.606 million barrels, compared to a previous decline of 0.801 million barrels.

According to the U.S. Energy Information Administration (EIA), refined oil imports for the week ended June 12 declined to negative 204,000 barrels per day, compared to negative 411,000 barrels per day in the prior week.

The U.S. Energy Information Administration (EIA) will release crude oil inventory, Cushing crude oil inventory, and strategic petroleum reserve (SPR) inventory data for the week ending June 12 in approximately 10

According to Guru Club, on June 17, WTI crude oil futures rose 2.21% to $76.931 per barrel, while Brent crude futures gained 2.13% to $80.641 per barrel.

U.S. President Trump stated recently that oil prices are experiencing a significant decline. He reiterated that the Strait of Hormuz will open immediately following the signing of an agreement.

Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan stated at the 2026 Lujiazui Forum on June 17 that international capital is now concentrating on Asia, with China's tech innovation rise becoming a top choice rather than an option for global investors. Chan emphasized that under rising