Commodities (Crude Oil & Copper) & Macro Outlook

According to U.S. Energy Secretary Chris Wright, Saudi Arabia's east-west pipeline halted after a drone attack on Sept. 14. The line can transport up to 7 million barrels daily and currently carries 4 million barrels to Red Sea ports, representing approximately 4% of global supply. The pipeline

According to Japan's Economy Minister Akira Akasawa, the country does not need to release oil reserves in October.

According to Guru Club, on September 15, Nickel Industries suspended capacity ramp-up at its Excelsior nickel-cobalt plant in Indonesia's Sulawesi region, operating at 30% of nameplate capacity due to water supply restrictions caused by El Niño-induced drought. The Sydney-listed company said the pla

US stock futures traded mixed in the overnight session late Monday ahead of the Federal Reserve's September policy meeting, with markets pricing in a 92.4% chance of a quarter-percentage point rate hike according to CME FedWatch tool data. The mixed sentiment followed Monday's benchmark index

According to China's National Bureau of Statistics spokesperson Wang Guanhua on September 15, international commodity prices face uncertainty in the near term, and external inflationary pressures warrant continued monitoring. However, Wang noted that China's complete industrial system, resilient

According to the National Bureau of Statistics, three factors are driving faster import growth in China this year, said Liu Lingfei, spokesperson and chief economist at the bureau's press conference on September 15. First, global industrial and technological innovation requires increased imports of

According to Kpler, on Tuesday, data showed that 4 bulk carrier vessels transited through the Strait of Hormuz on Monday, down sharply from 10 ships recorded the previous day.

According to Jin10, Australia's Energy Minister Chris Bowen announced on September 15 that he will visit Saudi Arabia next week to meet with the Saudi energy minister amid Middle East conflict escalation concerns over global energy supply disruptions. Australia imported only 84% of its petroleum

Japanese stocks opened lower on September 15, with the Nikkei 225 index falling 60.86 points (0.10%) to 63,432.13 at 9:16 AM, while the TOPIX index declined 11.96 points (0.29%) to 4,046.25, according to Yonhap Infomax World Stock Index. The decline followed overnight losses in US semiconductor stoc

WTI crude oil futures reached $103 per barrel today, up 1.09% intraday.

According to Shanghai Steel Union, battery-grade lithium carbonate (MMLC) fell to a midprice of 131,250 yuan/ton in early trading today (September 15), down 2,600 yuan/ton from yesterday's 4:30 p.m. close.

According to Jin10, on September 10, Wang Hongzhi, head of China's National Energy Administration, met Guillermo Nuevo, Peru's Energy and Mining Minister, who was attending the APEC Energy Ministers Meeting. The two sides exchanged views on cooperation in oil and gas, power, and renewable energy

According to Jin10 Futures, crude oil prices rebounded on September 15, improving market sentiment for ethylene glycol in Zhangjigang. Spot prices were quoted at 7,020 yuan/ton, with basis trading at 10+1080/1100 yuan/ton. For next week, basis is expected at 10+1000/950 yuan/ton, and October

Korean government bond futures opened mixed on September 15 as traders weighed conflicting signals from global markets. The 3-year bond futures fell 2 ticks to 102.66 while 10-year futures rose 2 ticks to 103.93 as of 9:06 AM, according to Yonhap Infomax. The lackluster direction reflected market

According to China's National Bureau of Statistics, raw coal output from large-scale industrial enterprises fell 7.7% year-on-year in August to 360 million tons, with an average daily output of 11.67 million tons. The month-on-month decline rate narrowed by 2.4 percentage points from July. For the f

According to China National Offshore Oil Corporation (CNOOC), construction has launched on the Bohaini Field Redevelopment Project in Qatar, marking China's largest contracted international offshore oil and gas engineering project. The project, with a total contract value of $4 billion, is located a

According to the National Bureau of Statistics, industrial natural gas output reached 21.4 billion cubic meters in August, up 0.8% year-over-year and reversing a 0.9% decline in July. Daily average output hit 6.9 billion cubic meters. For the first eight months of 2026, cumulative natural gas

According to China's National Bureau of Statistics, crude oil production from large-scale industrial enterprises reached 184.3 million tons in August, up 0.8% year-over-year, maintaining the same growth pace as July. Crude oil processing volume fell to 590.7 million tons in August, down 6.9%