Commodities (Crude Oil & Copper) & Macro Outlook

According to Mohit Kumar, chief European economist at Jefferies, the Trump-Putin diesel supply agreement announced on October 12 is unlikely to produce substantial market impact. Kumar stated the deal would circumvent existing sanctions on Russia and faces opposition from U.S. and European

According to Guru Club, WTI crude oil broke through $93 per barrel on October 12, rising 1.25% intraday. Brent crude oil surged past $106 per barrel, gaining 1.24% on the day.

The Shanghai Futures Exchange issued a notice today (October 12) seeking public comments on revisions to its Rules on Disciplinary Measures, according to its official announcement. The revisions align with requirements under the Futures and Derivatives Law, Futures Trading Management Regulations, an

According to Gate data, Brent crude oil (XBRUSD) surged past $108 per barrel to trade at $108.26, up 0.6% from the previous trading session close.

Brent crude oil rose 1.00% intraday on October 12, trading at $103.78 per barrel.

According to Guru Club, Saudi Arabia's energy minister announced on Oct 12 that the country's oil pipeline expansion plan aims to increase transport capacity to 10 million barrels per day. The minister made the statement during the World Petroleum Conference in Riyadh. Saudi Arabia's natural gas pi

According to China Coal Energy's monthly report released in September, the company sold 21 million tons of commercial coal, up 6.8% year-over-year. September coal production reached 10.54 million tons, down 9.1% compared to the same period last year.

U.S. stock index futures rose 0.2% in early Monday premarket trading as the third-quarter earnings season officially begins this week. Major financial institutions including JPMorgan Chase, Goldman Sachs, Citigroup, and Wells Fargo are scheduled to report on Tuesday, followed by earnings from tech g

Ukrainian President Volodymyr Zelenskyy stated on October 12 that diesel supplied by Russia will not have any impact on the global market.

According to OPEC Secretary General, global oil demand growth stands at 400,000 barrels per day in 2026.

Kazakhstan's state oil transport company KazTransOil exported 35.8 million tons of crude oil during the first nine months of 2026, according to the company's operational data.

According to Jin10, Singapore Exchange launched a one-hour liquidity window on Tuesday, October 12, to enable European investors to trade Asian bond futures during their local working hours. The window opens at 10 a.m. London time, equivalent to 5 p.m. Singapore time, marking the tail end of the Asi

According to the World Steel Association, the organization released its short-term steel demand forecast for 2026-2027 on October 12. Global steel demand is projected at 1.722 billion tons in 2026, remaining flat compared to 2025, with a projected recovery to 1.752 billion tons in 2027,

According to London Metal Exchange (LME) data released on October 12, copper inventory fell by 1,750 tons. Other metals showed mixed movements: zinc inventory increased 6,000 tons, while aluminum, tin, lead, and nickel inventories declined by 250, 15, 1,575, and 636 tons,

According to Guru Club, India's coal stocks at thermal power plants have plummeted on October 12, causing widespread power cuts and rising energy costs for factories, smelters, households and farmers. The country experienced its weakest monsoon since 2015, reducing hydroelectric output, while

According to Jin10, Saudi Arabia's energy minister said on October 12 at the World Petroleum Congress in Riyadh that the kingdom's energy supply remains resilient despite recent attacks on energy and aviation infrastructure and amid market and security volatility. He stated that energy resilience

According to Dalian Commodity Exchange, chemical futures inventory data on October 12 showed: polyvinyl chloride (PVC) inventory reached 118,281 contracts, up 526 contracts day-over-day; polyethylene inventory fell to 4,094 contracts,

According to Jin10 Futures, as of October 10, domestic gasoline bid-ask spreads stood at 1,073 and 1,425 yuan per ton, while diesel spreads were 309 and 393 yuan per ton respectively. Diesel external procurement costs remained elevated with tight spot resources limiting supply, keeping wholesale pr

US Stock Market News shows strong momentum as stock index futures point to a higher opening on Monday, October 12, with traders heavily bullish on the S&P 500 based on cooling energy prices and the official start of third-quarter bank earnings season. According to the Oct. 12 contract on

The global crude oil market in October 2026 is experiencing an anomaly: Middle Eastern oil producers are sending crude to market at the fastest pace in months, yet oil prices have not fallen as textbooks would predict. As of October 12, Gate market data showed 布伦特原油 at $101.67, while WTI crude was priced at $90.32, with both remaining at elevated levels. Meanwhile, daily crude shipments through the Strait of Hormuz surged to 12 million barrels in September, up 60% from 7.5 million barrels in Jul