Commodities (Crude Oil & Copper) & Macro Outlook

U.S. import prices excluding gasoline rose 0.8% month-over-month in May, beating consensus expectations of 0.5% and up from 0.7% in the previous month.

U.S. import prices in May rose 6.7% year-over-year, surpassing the expected increase of 5.7% and up from 4.2% in the prior month.

The U.S. export price index rose 1.3% month-over-month in May, exceeding the 0.9% forecast and marking a significant slowdown from the previous month's 3.3% increase.

The U.S. import price index rose 1.9% month-over-month in May, beating market expectations of 1% growth and matching the prior month's reading of 1.9%.

U.S. export prices in May rose 11.2% year-over-year, exceeding expectations of 10.2% and the prior month's 8.8% increase.

Dubai crude oil physical premium turned negative for the first time since early 2026, according to market data. The premium had reached a peak of $65 per barrel in mid-March.

According to ECB Governing Council member Escrivá, on Tuesday, energy supply complexities are likely to persist despite an agreement to reopen the Strait of Hormuz. While U.S.-Iran negotiations have pushed oil prices lower as markets anticipate the end of the conflict, the ECB policymaker

According to Kpler analyst Amena Bakr, confirmed transits through the monitored Hormuz Strait region (covering commercial and non-commercial vessels) remained at 5 vessels as of June 15, unchanged from the previous

According to Commerzbank on June 16, the German bank forecasts Brent crude oil prices to remain around $85 per barrel through year-end. The lender's head of commodities research, Thu Lan Nguyen, stated that further negotiations between the U.S. and Iran on a new nuclear deal "could be very bumpy." T

According to Guru Club, on June 16, WTI crude oil futures fell 3.07% to $77.005 per barrel, while Brent crude oil futures declined 3.19% to $80.516 per barrel.

Brent crude oil fell below $80 per barrel today, marking its lowest level since March 10, with an intraday decline of 3.56%. WTI crude dropped 4.00% to $78.12 per barrel.

Gate News: According to the latest Gate TradFi data, COCOA (Cocoa) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

According to Iran's state television, three Iranian oil tankers and two vessels carrying essential supplies are currently sailing from the Indian Ocean toward Iranian ports.

Brent crude oil declined 3.00% intraday on June 16, trading at $80.45 per barrel.

According to Polish Prime Minister Donald Tusk, the government will pass a draft bill on Tuesday imposing a windfall profit tax on fuel sales.

According to Bloomberg, two Iran-linked tankers transited the Strait of Hormuz on Friday, June 13, ahead of the US-Iran peace agreement set to reopen the waterway. Ship-tracking data shows the fuel tankers

According to Bitunix analysts, on June 16, global markets shifted focus from Middle East conflict to capital reallocation following confirmed plans by the U.S. and Iran to sign a memorandum of understanding on June 19. The repricing centers on three concurrent monetary dynamics: energy risk

According to Commerzbank, Brent crude oil prices are expected to decline to approximately $65 per barrel by 2027, a level seen before the recent geopolitical tensions that drove prices higher.

According to Reuters, the U.S. military has overseen dozens of covert ship-to-ship crude oil transfers in the Persian Gulf since early May, using drones, surface vessels, and helicopters to guide tankers to waiting ships. The operations, conducted near the Strait of Hormuz, employ a ship-to-ship tra

According to Kpler analyst Amena Bakr, approximately 118 fully loaded oil tankers carrying roughly 75 million barrels of crude oil are currently stranded in the Persian Gulf. The vessels are awaiting the reopening of the Strait of Hormuz, through which they are expected to transit once the channel b