Commodities (Crude Oil & Copper) & Macro Outlook

On October 12, US Stock Market News showed mixed performance as the Dow Jones Industrial Average rose while the Nasdaq Composite declined amid weakness in Micron Technology shares. The S&P 500 remained essentially flat, with investors focused on an upcoming busy week of corporate earnings and

According to Guru Club, ethylene glycol (EG) futures contracts fell 2% to 5,133 yuan per ton on October 12.

According to Iran's Islamic Revolutionary Guard Corps, a supertanker was attacked in the Strait of Hormuz on Monday morning. Further details regarding the incident and the vessel's condition were not disclosed.

According to Guru Club, ICE raw sugar futures surged nearly 3% on October 12, reaching 20.76 cents per pound.

According to the U.S. Department of Agriculture, USDA downgraded European Union grain production forecasts on Friday, cutting corn output estimates to 48 million metric tons. The revised supply outlook triggered a rally in Paris corn futures, which rose 1.3% on Monday, October 12, marking the

At the opening of U.S. equities trading on October 12, major industry ETFs showed mixed performance. The energy sector ETF gained 1.5%, while regional bank ETF advanced nearly 1%. The semiconductor ETF

According to Guru Club, Shanghai futures exchange oil futures contracts surged 6.8% on October 12, reaching 5,430 yuan per ton.

Low-sulfur fuel oil (LU) futures main contract showed increased volatility during the overnight session on October 12, trading at 6,006 yuan per ton with a daily gain of 7.1%.

On October 12 evening at the opening of the night session, China's commodity futures showed mixed movements. Low-sulfur fuel oil (LU) and Shanghai crude oil (SC) surged over 4%, while fuel oil rose nearly 4% and polypropylene climbed close to 2%. On the downside, methanol fell over 3%, while

Brent crude climbed above $105 a barrel on Oct. 12, reaching its highest level since Sept. 15, according to crypto-focused media outlet Odaily. The benchmark oil contract traded up 2.21% intraday. The price level marks the highest point in about a month for Brent crude. Brent Crude Rises 2.21%

President Donald Trump announced on Friday that Russia would supply more than 4 million tons of diesel to the global market following a phone call with Russian President Vladimir Putin. The deal comes as Trump faces pressure to bring Americans relief at the pump before the midterm elections. On

Brent crude oil surged 2% intraday to $106.91 per barrel, while West Texas Intermediate (WTI) crude climbed 2% to $93.75 per barrel on October 12.

Brent crude touched $105 per barrel today (October 12), marking its highest level since September 15. The commodity gained 2.21% intraday.

According to PANews, on Oct 12 pre-market, international oil prices surged with WTI crude futures rising 1.78% to $93.483 per barrel and Brent crude climbing 1.64% to $106.434 per barrel. Separately, Elon Musk stated that building truly advanced AI requires massive training data and must solve

According to Jin10 Futures, as of 20:30 Beijing time on October 12, New York gold futures fell 0.70%, silver futures declined 0.40%, and copper futures rose 1.09%.

In US Stock Market News, ahead of Monday's open, the three major index futures displayed mixed movement; as of press time, Dow Jones futures were up 0.14%, Nasdaq 100 futures were down 0.13%, and S&P 500 futures were up 0.08% (timing not specified in source for India Standard Time pairing).

According to Jin10, as of 20:30 Beijing time on October 12, WTI crude oil futures rose 1.65%, while U.S. natural gas futures declined 3.20%.

Wall Street futures remained subdued on October 12 (12 Oct 2026) in US Stock Market News as investors monitored oil prices and geopolitical developments ahead of crucial bank earnings and inflation data due later in the week that could influence the US Federal Reserve's interest-rate outlook.

According to BlockBeats, on October 12, Saudi Energy Minister Abdulaziz bin Salman announced plans to increase onshore oil transport capacity to 10 million barrels per day within two to three years, reducing reliance on the Strait of Hormuz. The country's existing East-West pipeline currently

Yemen's Houthi rebels are intensifying missile and drone attacks on Saudi Arabia, threatening key oil infrastructure and crude exports through the Red Sea, according to a report by Walter Bloomberg, an overseas economic news feed, on October 12. The attacks are adding to concerns over disruptions to