Commodities (Crude Oil & Copper) & Macro Outlook

According to Yonhapinfomax, on October 12, Bank of Korea Governor Shin Hyun-song emphasized the need to preemptively control core inflation during a parliamentary audit, noting that core inflation remains significantly above the central bank's target. Shin cited rapid nominal GDP growth of 26.4%

According to Guru Club, on October 12, Chicago wheat futures fell 1.3% for the fourth consecutive trading day after U.S. President Trump announced that Russia and Ukraine agreed to an immediate energy ceasefire. Market expectations for reduced hostilities and fewer Black Sea shipping disruptions

According to Trump's announcement on Truth Social, U.S. stock index futures gained on late Sunday evening following an energy ceasefire agreement between Russia and Ukraine. As of 11:27 p.m. EDT, S&P 500 futures were up 0.31%, Dow futures climbed 0.34%, and Nasdaq-100 futures rose 0.43%, as oil

Andrew Sheets, Morgan Stanley's Global Fixed Income Research Head, stated on a podcast on the 9th (local time) that stress is building in credit markets, particularly in low-grade segments, even as the global economy continues to show resilience amid rising interest rates. Sheets explained that

According to Guru Club, Japan's Economy Minister Akira Akasawa called on October 12 for oil-producing and consuming nations to strengthen cooperation on building oil reserves and infrastructure across Asia to enhance regional resilience against supply disruptions. Speaking at an International

According to Bloomberg supertanker tracking data, 96 supertankers are expected to arrive in China within 90 days as of October 10, marking the highest level since late February and reflecting three consecutive weeks of increase. The data suggests a potential rebound in Chinese crude oil demand

According to Guru Club, lithium carbonate futures on Guangzhou Futures Exchange dropped 9% today (October 12), trading at 108,020 yuan per ton.

Dated Brent crude oil prices surged past $154 per barrel as of the 5th, marking the highest level since LSEG began tracking the data in 1991. The spread between Dated Brent physical delivery prices and Brent futures exceeded $50 last week, reaching a record high, while Brent futures traded at $103 p

PetroVietnam is seeking to take delivery of 1.5 million MMBtu of spot liquefied natural gas between October 15 and November 10.

According to Nikkei Asia, the gap between Brent crude spot prices and futures widened to a record $50 on October 5, driven by supply concerns. Dated Brent (physical crude deliverable within 10–30 days) surged to $154 per barrel, the highest level since LSEG began tracking data in 1991, while Brent f

According to Yonhapinfomax, on October 12 morning (as of 9:52 AM Seoul time), E-mini S&P 500 index futures rose 0.21% to 7,876.50, extending gains driven by technology stock strength. E-mini Nasdaq-100 futures climbed 0.29% to 31,200.25. Middle East geopolitical tensions resurfaced after U.S.

According to the latest report from ING, super tanker rates have surged to 60-year highs in September and October amid U.S.-led military strikes on Iran reshaping Middle East crude trade flows combined with severe vessel supply shortages. The shipping costs have become substantial; for a tanker

According to Mysteel data, MMLC battery-grade lithium carbonate prices fell 5,650 yuan/ton earlier today (October 12), with the midpoint price at 114,600 yuan/ton.

According to Goldman Sachs, the bank raised its December Brent crude oil price forecast by $5 to $90 per barrel on October 12, citing rising supply risks in the Middle East. The bank maintained its 2027 Brent crude average price forecast unchanged at $80 per barrel. Goldman Sachs analysts noted

According to Guru Club, on October 12, a subsidiary of Indonesia's state-owned oil company signed a purchase agreement with Italy's ENI to acquire stakes in three oil and gas blocks.

Gold rose 0.3% to $4,206.86 an ounce as of 8:30 a.m. Singapore time on October 11, holding above $4,200 after President Donald Trump announced a halt to attacks on energy facilities between Russia and Ukraine. The modest gain followed a 1.3% climb last week. Trump's announcement coincided with

According to Gate data, Brent crude (XBRUSD) falls to $105.94 per barrel, down 1.5% from the previous trading session close.

According to Guru Club, lithium carbonate futures contracts broke through the 110,000 yuan level today (October 12), declining more than 7% intraday. This marks the first time the contract has fallen below this level since

According to Jinlian Creative, as of October 12, the reference crude oil price averaged $97.21 per barrel with a change rate of -4.46%, indicating that domestic gasoline and diesel retail prices should decline by 230 yuan per ton. The current pricing window is scheduled for October 15 at 24:00.

Japan's financial markets closed on October 12 for Sports Day, while US bond markets also shut for Columbus Day, though the New York Stock Exchange remained open. Sports Day, observed annually on the second Monday of October, commemorates the 1964 Tokyo Olympics. Columbus Day, also falling on the se