Commodities (Crude Oil & Copper) & Macro Outlook

According to South Korean customs data, imports for October 1–10 increased 65.5% year-over-year. Preliminary trade data for the same period showed a trade surplus of $3.8 billion.

According to Business Insider on October 11, Wall Street is establishing a financial ecosystem around Nvidia GPUs by treating AI semiconductors as a new asset class comparable to real estate, crude oil, and agricultural commodities. The boom in AI has sparked competition for Nvidia's advanced

According to Guru Club, Brent crude oil futures fell more than 1% today (October 12), trading at $103.63 per barrel.

South Korea's government announced the Korean Green Transformation (K-GX) plan to invest 1,000 trillion won over the next 10 years, including 200 trillion won in fiscal spending, to achieve carbon neutrality and economic growth simultaneously. President Lee Jae-myung stated the nation must shift

According to Guru Club, WTI crude oil futures fell 1% to $90.929 per barrel on October 12.

WTI and Brent crude oil futures erased early gains and turned lower earlier today, now down 0.3% as sentiment shifted. The contracts had climbed roughly 1% during the initial session before the decline.

According to President Trump, Russia has agreed to supply over 300,000 tons of diesel to the U.S. and global markets effective immediately as part of an energy ceasefire agreement in the Russia-Ukraine conflict. The supply will include 500,000 tons in November, followed by an additional 1 million to

According to UBS strategist Théa Ziegler, London copper futures closed near historic highs on Friday at approximately $14,622 per ton. The report notes that electrification and data center expansion are expected to drive demand growth exceeding

Brent crude traded at $105.10 per barrel in early Asian trading on October 11, up 0.4%, as Houthi attacks on Saudi Arabia drove international oil prices and the dollar higher together. Twelve people were killed in an attack on Riyadh International Airport on October 10, followed by another attack on

According to Axios, on October 11, Trump announced a potential "energy ceasefire" agreement between Russia and Ukraine, proposing both sides halt attacks on oil refineries. A White House official described the deal as a "refinery-for-refinery" arrangement but acknowledged a stark imbalance: Ukraine

Global financial markets face a critical week starting October 14, highlighted by major macroeconomic releases and policy signals. China and the United States will announce September CPI data on Wednesday (October 16), followed by U.S. retail sales and PPI on Thursday. The International Monetary

According to Reuters, on October 10, the U.S. Department of Energy authorized the release of 4 million barrels from strategic petroleum reserves to address supply disruptions caused by Hurricane Isaias. The move brings reserve inventory to its lowest level

WTI crude oil futures rose 1.00% in early trading on October 11, reaching $91.88 per barrel.

U.S. stock futures showed little movement on Sunday night as investors awaited the start of third-quarter earnings season and key inflation data, part of today stock market news focusing on major economic indicators. Stock futures opened with minimal changes: Dow Jones Industrial Average futures

Houthi militants acknowledged attacks on Saudi Riyadh and Dammam airports on October 12, according to regional reports. Iran warned that if conflict escalates, it will target critical regional infrastructure. The International Energy Agency simultaneously called on member nations to assess

According to Saudi Press Agency, Saudi Arabia's energy minister signed three energy cooperation memoranda with Kuwait, Qatar, and Egypt. The agreements cover collaboration in the energy sector among the four

Mohsen Rezaei, Secretary of Iran's Supreme National Security Council (SNSC), stated on the 11th (local time) that the United States has sent a response to Iran's seven-point proposal, accepting some conditions while leaving certain issues unclear. Iran had proposed a '7-day confidence-building

Yemen's pro-Iran Houthi rebels announced on '11일' (local time) that they conducted airstrikes targeting Saudi Arabia's oil facilities and airports. Houthi military spokesperson Yahya Saree stated the attacks used ballistic missiles, cruise missiles, and drones in four special operations over 24

According to Iran's Supreme National Security Council Secretary Reza'i, the United States' response to Iran's conditions for reopening the Strait of Hormuz was insufficient on October 11. Reza'i stated that Iran had presented seven conditions to the U.S., and would not open the strait or engage in n

According to Iran's deputy foreign minister, Iran is currently in a state of war and all commercial vessels must coordinate with Iranian authorities before transiting the Strait of Hormuz. The Iranian government is working to register an agreement with Oman on transit routes through the strait with