Commodities (Crude Oil & Copper) & Macro Outlook

Canadian Prime Minister Carney announced that the country is on track to produce 150 million tonnes of liquefied natural gas by the end of 2026. The statement reflects Canada's commitment to expanding its energy export capacity amid global LNG

According to Goldman Sachs' research report published on June 17, the bank downgraded its Brent crude oil price forecast for the fourth quarter of 2026 from $90 per barrel to $80, and its 2027 average forecast from $80 to $75 per barrel. West Texas Intermediate (WTI) is projected to average $75 per

According to futures market tracking, the Strait of Hormuz is expected to reopen on Friday (June 19), with 60 empty supertankers currently gathered in the Oman Gulf—nearly double the amount seen at the beginning of June. Three Iranian oil tankers have exported approximately 5 million barrels of

UK unadjusted output PPI rose 0.5% month-on-month in May, matching the expected forecast. The producer price index for output also saw the previous month's reading revised upward from 1.40% to 1.5%.

According to UK official statistics, Britain's May unadjusted input PPI year-on-year rate came in at 8.7%, below the forecast of 8.8%. The previous month's figure was revised upward to 7.9% from an initially

According to CME data, on June 16, precious metals and energy contracts showed mixed movements. Gold trading volume fell to 99,679 contracts while open interest rose slightly to 339,581 contracts. Silver declined in both metrics, with volume at 47,837 contracts and open interest at 107,830 contracts

According to Guru Club, LPG main contract futures and fuel oil main contract futures saw sharp intraday declines on June 17. LPG fell 8% to 4,781 yuan per ton, while fuel oil dropped 6% to 3,122 yuan per ton.

WTI crude oil fell 2% intraday on June 17, trading at $75.16 per barrel.

According to Hyperinsight, WTI crude oil has declined 15.8% from its peak since June 12, when Trump announced he would cancel strikes on Iran and sign a peace agreement. On June 17, WTIOIL on Hyperliquid fell below $75, currently trading at $74.92, as markets anticipate the reopening of the Strait o

Brent crude oil broke below $78 per barrel today, declining 1.57% intraday.

According to Chuangxin Information, as of June 16, China's retail oil prices are expected to decline significantly on June 18, marking the first consecutive week-on-week drop this year. The crude oil change rate stood at negative 10.72%, with estimates pointing to a 475-500 yuan/ton reduction in

Tokenised real-world assets reached approximately US$43 billion on Token Terminal's tracker, rising roughly 37% over the past 180 days as traditional financial products increasingly moved onto blockchain networks. The expansion continued even as broader crypto markets weakened, indicating

The United States and Iran have scheduled a memorandum signing for June 19, 2026, at Switzerland's Bürgenstock resort, with Qatar and Pakistan serving as mediators. The agreement aims to address military operations, sanctions, and the reopening of the Strait of Hormuz to maritime shipping. The

According to Guru Club, Singapore iron ore futures fell below $100 per ton on June 17 for the first time since March. The most actively traded contract declined 1.6% to $99.60 per ton.

According to Huobi HTX, the exchange will host a livestream today at 8 p.m. UTC+8 discussing the potential effects of Iran-U.S. relations normalization and SpaceX's public listing on global capital flows, commodities, and crypto markets. The session will analyze how geopolitical shifts and tech capi

According to Maersk, the container shipping line announced opening rates for its European routes in early July at $5,300 per FEU to Rotterdam and $5,500 to Hamburg on June 17, falling significantly short of market expectations of $6,000. Despite a 400 USD week-on-week increase, the conservative

According to CSRC Chair Wu Qing at the 2026 Lujiazui Forum, China will smoothly advance the launch of LNG futures and options to enhance the international influence of "Shanghai prices." Wu also stated support for developing additional commodity futures on power and other strategic, foundational

SC crude oil main contract futures fell 4.00% during intraday trading today, with prices settling at 508.50 yuan per barrel.

WTI crude oil declined 1.00% during intraday trading on June 17, settling at $75.93 per barrel.

路透社6月披露，美軍自5月起在阿聯酋富查伊拉外海及阿曼蘇哈爾港附近監控秘密油輪對船轉運，至少92艘船、轉運量近9,000萬桶。油輪以3–4公里間隔、關閉AIS與燈光，穿霍爾木茲海峽後與VLCC對接，持續24–40小時。美軍負責空中監視與航路監控，非卸載。6月9日被擊落的AH-64直升機當時參與該行動。分析認為此作法類似伊朗暗船模式，但規模更大，為臨時解決方案，風險極高。