Commodities (Crude Oil & Copper) & Macro Outlook

Deutsche Bank paid a A$2 million infringement penalty after Australia's corporate regulator alleged the bank systematically misreported more than 260,000 over-the-counter derivatives transactions between 21 October 2024 and 15 August 2025. The Australian Securities and Investments Commission said th

According to ASIC, Deutsche Bank paid A$2 million on July 13 after failing to accurately report the "direction" field for over 264,000 over-the-counter derivatives transactions between October 21, 2024, and August 15, 2025. The errors involved foreign exchange and commodity derivatives across 208

According to OPEC's monthly report, the UAE notified OPEC in June that its crude oil production surged 80%, reaching 3.8 million barrels per day compared to 2.09 million in May. The UAE attributed the increase to finding a workaround to address the Iran conflict and gaining freedom to raise output f

According to OPEC's monthly report compiled by Jin10, the organization's oil production reached 22.002 million barrels per day in June, up 3.051 million barrels from May's revised figure of 18.952 million barrels per day.

According to OPEC's monthly report, the organization maintained its economic growth forecast for the eurozone at 1% for 2026 and 1.2% for 2027.

According to OPEC's latest monthly report released in July, the organization maintained its 2026 U.S. economic growth forecast at 2.2% and kept its 2027 projection at 2%.

According to OPEC's monthly report, the organization revised downward its 2026 crude oil demand forecast for OPEC by 200,000 barrels per day to 42.3 million barrels per day. OPEC maintained its 2027 demand forecast unchanged at 43.6 million barrels per day.

According to OPEC's latest monthly report, global crude oil demand is projected to reach 105.94 million barrels per day in 2026. The forecast for 2027 is 107.88 million barrels per day.

According to OPEC's monthly report, OECD oil inventories declined by 21.8 million barrels in May to 2.77 billion barrels.

According to OPEC's monthly report, crude oil production from OPEC+ (including former member United Arab Emirates) averaged 36.28 million barrels per day in June 2026, up approximately 3 million barrels daily from May. The increase was primarily driven by production gains from Gulf oil-producing

According to OPEC's monthly report, the organization cut its 2026 global oil demand growth forecast to 780,000 barrels per day, down from a previous prediction of 970,000 bpd. The cartel simultaneously raised its 2027 forecast to 1.94 million bpd, up from an earlier estimate of 1.73 million bpd.

According to Barclays analysts on July 13, rising oil prices stemming from U.S. strikes on Iranian targets and Iranian attacks on shipping in the Strait of Hormuz over the weekend could prompt Bank of England monetary policy committee members to signal inclination toward interest rate increases in c

According to India's Ministry of Trade, the country's imports of crude oil and petroleum products totaled $19.33 billion in June.

According to Iranian state television, on July 13, Iran stated the Strait of Hormuz remained closed due to alleged U.S. violations of the Islamic Baku memorandum. Iran said the strait's closure aims to establish Iranian sovereignty over the waterway in

According to Iran's Oil Ministry official website Shana, Iran and Russia are approaching finalization of a natural gas trade deal.

According to Guangzhou Futures Exchange, the trading commission for polysilicon futures PS2707 is set at 0.01% of transaction value, with intraday closing commission at 0.025%. The minimum order quantity for opening positions is 5 contracts per order, 1 contract for closing positions. Non-futures co

Gate News: According to the latest Gate TradFi data, COCOA (Cocoa) has dropped by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

According to QCP Capital, Bitcoin and Ethereum implied volatility continued rising this week as U.S.-Iran military tensions escalated over the weekend, 12 days after the two sides signed a ceasefire memorandum. The second round of negotiations faces headwinds as both sides accused each other of

According to Reuters calculations, Russia's seaborne refined oil exports declined 27% month-on-month in June.

Pepperstone has expanded its perpetual CFD offering beyond digital assets to traditional asset classes including Gold, Silver, Nasdaq, the S&P 500, WTI Crude and Brent Crude, positioning itself among the first regulated CFD brokers to bring perpetual market mechanics to conventional financial