Commodities (Crude Oil & Copper) & Macro Outlook

According to the U.S. Energy Information Administration (EIA), strategic crude oil reserves fell by 3.7 million barrels for the week ended August 21, compared with a decline of 5.268 million barrels in the previous week.

According to the U.S. Energy Information Administration, refinery gasoline inventories rose to 0.4 million barrels for the week ended August 21, compared with 0.3 million barrels in the previous period.

According to the Energy Information Administration (EIA), U.S. refinery operational utilization rate changed 0.2% for the week of August 21, compared to the previous week's 1%.

The U.S. Energy Information Administration (EIA) will release its weekly crude inventory data in 10 minutes on Aug 26. The report includes EIA crude inventory, Cushing crude inventory, and Strategic Petroleum Reserve inventory

According to Jin10 data citing EU Sentinel satellite imagery, Saudi Arabia loaded approximately 7 million barrels of crude oil across Ras Tanura and Ju'aymah ports on Tuesday (August 26), marking the highest cargo activity since late June. Four vessels were docked at the facilities as of that

US stocks opened mixed on the 26th (local time) as investors digested July Personal Consumption Expenditures (PCE) inflation data. At 9:59 AM local time, the Dow Jones Industrial Average fell 0.02% to 53,567.69, while the S&P 500 rose 0.11% to 7,685.53 and the Nasdaq Composite gained 0.08% to 26,171

Park Hyun-joo, Chairman of Mirae Asset Group, announced plans to expand digital assets to 150 trillion won at a May 26 event in Seoul. The expansion is driven by Mirae Asset's '3.0 strategy,' which merges traditional assets like Samsung Electronics and SK Hynix stocks with digital assets through

Brent crude oil broke through $86 per barrel intraday today, up 0.17%, erasing earlier losses. WTI crude oil rose 0.08% to $80.78 per barrel.

According to Iranian Revolutionary Guard Corps spokesperson on August 26, the Strait of Hormuz belongs to Iran and Oman. The statement comes roughly one month after Iran and Oman concluded negotiations and reached a mutually accepted agreement regarding the strategic

Brent crude futures dropped $1.78, or 2%, to $86.80 a barrel by 00:27 GMT on Aug. 26, while U.S. West Texas Intermediate futures fell $1.49, or 1.8%, to $80.87, following Iran's announcement that it had resumed discussions with Oman over management of the Strait of Hormuz. The two countries

U.S. President Donald Trump stated yesterday (August 25) that 10 million barrels of oil departed the Strait of Hormuz.

On night session opening today (August 26), China's commodity futures contracts declined broadly. Ethylene glycol (EG) led declines with a drop of nearly 4%, followed by methanol and propylene falling more than 2%, and pure benzene declining nearly 2%. Other decliners included low-sulfur fuel oil

According to Gate data, WTI and Brent crude rallied approximately $0.5 intraday before easing back, now trading at $80.2 and $85.5 per barrel, respectively. An Iranian senior official said earlier that a deal with Oman regarding the Strait of Hormuz had not yet been

According to Jin10 Futures, today propylene, PX, ethylene glycol, and methanol futures all hit limit down, while low-sulfur fuel oil fell nearly 9%. Iran said it has reached an agreement with Oman on revenue distribution from the Strait of

According to ChainCatcher, Hyperliquid Policy Council (HPC) and TradeXYZ submitted joint comments to the U.S. Commodity Futures Trading Commission (CFTC), calling for energy-linked perpetual contracts to be brought into regulated U.S. markets. This follows the CFTC's May approval of the first

According to market sources, the Caspian Pipeline Consortium expects mixed crude exports in September at 1.5 million barrels per day, with August output ranging between 1.5 million and 1.6 million barrels per day.

According to Buildin Futures research, oil prices fell sharply overnight on August 26 after reports indicated the U.S. and Iran have reached consensus on a ceasefire and may restart peace talks. The broader supply picture shows that after the Strait briefly reopened, it faced renewed blockade,

According to multiple market sources on August 26, nine institutions jointly assessed China's coking coal market with unanimous bullish sentiment for September, with quantified strength scores averaging 1.02, marking the highest monthly assessment of 2026, though the China Coal Transportation and

According to the Zhengzhou Commodity Exchange (ZCE), on August 26, a group of accounts under the same actual control exceeded the trading limits set by the exchange for certain futures contracts. Pursuant to Article 30 of the ZCE Risk Control Management Measures, the exchange has imposed a

According to Jin10, on August 26, Ukrainian armed forces struck Russia's Norsi refinery in the Volga region, igniting a fire near Nizhny Novgorod, according to Ukraine's General Staff. The facility has a daily capacity of approximately 340,000 barrels and ranks among Russia's largest refineries.