Commodities (Crude Oil & Copper) & Macro Outlook

According to Russian Deputy PM Novak, Russian and U.S. companies have started negotiations on diesel supply on October 13. Novak also revealed that Russia supplied energy products worth $21.3 billion to Europe over the first nine months

International oil prices rose for a third consecutive trading day on October 12 as escalating conflict between Saudi Arabia and Yemen's Iran-backed Houthi rebels intensified supply concerns. West Texas Intermediate (WTI) crude for November delivery climbed $1.89, or 2.06%, to close at $93.74 per

According to Yonhapinfomax, WTI crude for November delivery climbed $1.89 to $93.74 per barrel on October 12 (U.S. Eastern Time), marking the third consecutive trading day of gains. Brent crude for December rose $1.93 to $106.65 per barrel. The price increases were driven by escalating attacks

On Monday (October 12), spot gold declined 0.56% to close at $4,170.70 per ounce, after reaching an intraday high of $4,217.31 in Asia-Pacific early trading and subsequently dropping to a daily low of $4,154.78. Spot silver fell 0.93% to $60.2573 per ounce. COMEX copper futures rose 1.04% to $6.7615

On Monday, October 12, U.S. ETF markets moved in mixed directions. The Brent crude oil ETF led gainers with a 1.8% increase, while the VIX volatility ETF suffered the steepest decline, falling 1.77%. Emerging market ETF dropped approximately 1%, alongside declines in Nasdaq-100 ETF and gold ETF,

Murphy Oil projects net peak production from its Lac Da Vang oil field offshore Vietnam at 10,000 to 15,000 barrels of oil equivalent per day during 2028-2029.

On Monday (October 12), U.S. industry ETFs showed mixed performance. Semiconductor ETF declined 2.05%, while global tech and network stock indices fell 0.83% to 1.36%. Energy sector ETF rose 1.43%.

According to Russian media reports, Russian Deputy Prime Minister Novak said on October 12 that Russia and the U.S. are negotiating on diesel supplies. Following a presidential agreement, the Russian government has partially lifted restrictions on diesel exports, allowing supply to global markets in

According to Arabian TV, Saudi Arabia's energy minister stated that crude oil transport capacity could reach 10 million barrels per day within two to three years, as the country pursues plans to expand pipeline transmission capacity and diversify oil shipping

International gold prices declined on October 12 as Middle East tensions escalated, with December gold futures falling 0.61% to $4,190.70 per troy ounce on COMEX as of 1:19 PM US Eastern Time. The decline occurred as dollar strength and rising oil prices created downward pressure on gold. Yemen's

According to Reuters, U.S. Middle East envoys met with Ukrainian officials in Miami on October 13, proposing a diesel agreement aimed at softening Russia's stance and restarting three-way peace negotiations. Sources close to the Kremlin indicate that Putin demands control of the remaining

On Monday (October 12), ICE raw sugar futures rose 3.01% and white sugar futures climbed 3.59% in New York close. Arabica coffee futures gained 1.03%, while Coffee C futures also advanced 1.03%. Robusta coffee futures rose 0.09%. New York cocoa futures increased 0.02% and London cocoa futures climbe

Spot gold fell 0.5% to $4,172.36 per ounce Monday, while US gold futures declined 0.5% to $4,196.20, retreating from Friday's one-week high of $4,194.36. The decline followed a rally in oil prices, with Brent crude climbing to approximately $106.95 per barrel and US crude trading near $93.82,

According to Reuters commodity-market coverage, spot gold fell 0.5% to $4,172.36 per ounce on Monday, while US gold futures declined 0.5% to $4,196.20. Brent crude climbed to approximately $106.95 per barrel amid Middle East tensions, with investors assigning 87% probability to a Federal Reserve

According to Bloomberg, the Bloomberg Grain Sub-Index rose 0.07% to 32.4671 at the New York close on Monday (October 12). CBOT corn futures gained 0.78%, wheat futures increased 0.29%, while soybean futures declined 0.29% to $12.8825 per bushel. Soybean meal futures rose 0.75% and soybean oil future

Shanghai Futures Exchange crude oil futures 2611 contract rose 3.26% during night trading today, closing at 754.20 yuan per barrel. Shanghai gold fell 0.58% while Shanghai silver declined 1.1%.

According to Russian Deputy Prime Minister Novak, Russia supplied energy worth $21.3 billion to the European Union in 2026.

According to Gate data, Brent crude oil (XBRUSD) surged past $110 per barrel today, currently trading at $110.01, up 2.2% from the previous trading session close.

Russian Deputy Prime Minister Novak projected on October 12 that Russia's diesel exports could reach 3-3.5 million tons by year-end.

WTI crude oil rose 2.5% intraday on October 12, reaching $94.16 per barrel.