Track prices and supply events for commodities such as crude oil and copper. Explore how energy costs and industrial cycles influence crypto mining, risk-on/risk-off sentiment, and global macro forecasts.
According to Guru Club, Shenwan Futures announced today (June 17) that it proposes to absorb Hongyuan Futures through a merger. Upon completion, Hongyuan Futures will be deregistered in accordance with law. Both firms are longstanding players in China's futures
According to Bloomberg, the Iranian-linked oil tanker 'Sonia I', a Suezmax vessel carrying approximately 1 million barrels of crude oil, broke through U.S. naval blockade lines yesterday evening while departing from Chabahar Port near the
According to TotalEnergies CEO, increased U.S. liquefied natural gas production, while beneficial, cannot replace Qatar's supply to Europe during the upcoming winter season.
WTI crude oil briefly fell below $75 per barrel earlier today, marking its lowest level in three months. The decline was triggered by an imminent U.S.-Iran peace agreement scheduled to be signed on Friday, which would grant Tehran broad economic benefits, including immediate rights to sell oil.
According to Jin10, JPMorgan Asset Management strategist Hugh Kimber on June 17 identified attractive value opportunities in European equities following recent oil price declines. The cooling of energy prices ahead of a U.S.-Iran temporary peace agreement expected Friday has created selective
According to TotalEnergies CEO, the company's refinery in Saudi Arabia was struck by three unmanned drones, reducing current production capacity to 70%. Full restoration of the facility is expected by early 2027.
According to the IEA monthly report, non-OPEC+ oil producers, excluding Gulf states, are expected to increase supply by 1.7 million barrels per day in 2026, with the Americas accounting for the vast majority of the increase. Growth is forecast to slow to 1.1 million barrels per day in 2027, with the
According to the International Energy Agency's latest monthly report, Russia's 2026 oil production forecast has been downgraded to 10.3 million barrels per day.
According to the International Energy Agency (IEA) on June 17, oil supply from the Gulf region is expected to rebound to 8 million barrels per day by 2027, though full recovery of supplies through the Strait of Hormuz will take several months. A temporary U.S.-Iran agreement reached this week
According to the IEA's latest monthly report, global oil supply will decline by 3.9 million barrels per day in 2026, unchanged from prior forecasts. The outlook reflects stable expectations for production declines across major supply
According to IEA's monthly report, global oil demand in the second quarter is forecasted to decline by 5 million barrels per day, driven by elevated oil prices and ongoing product supply disruptions.
According to IEA's latest monthly report, the organization lowered its forecast for 2026 global oil supply deficit to 920,000 barrels per day, down from a previous estimate of 1.7 million barrels per day.
According to the International Energy Agency's monthly report, global oil supply is projected to grow by 8 million barrels per day (bpd) in 2027, while demand growth is expected at only 2 million bpd, creating a "significant surplus" exceeding 5 million bpd.
According to the International Energy Agency's latest monthly report, the organization has raised its 2026 global crude oil demand cut forecast to 1.1 million barrels per day, compared to its previous projection of 420,000 barrels per day, reflecting a 680,000 barrel-per-day increase in expected dem
According to the International Energy Agency's latest monthly report, OECD member nations' government petroleum stockpiles have fallen to their lowest level since 1990.