Commodities (Crude Oil & Copper) & Macro Outlook

On Wednesday, October 7, U.S. stock index futures declined sharply, with Dow futures down nearly 1%, while spot gold fell over 2%, spot silver dropped 3%, and crude oil rose over 1%. The moves come ahead of the Federal Reserve's release of its September FOMC meeting minutes on October 8 at 02:00

According to the European Commission spokesman, the EU energy working group will hold a teleconference today at 16:00 CET (22:00 Beijing time) to discuss the release of oil and diesel stockpiles.

According to the U.S. Energy Information Administration's October Short-Term Energy Outlook published on October 6, the agency raised its fourth-quarter Brent crude oil forecast to $105 per barrel, a $14 increase from September's edition. The revision reflects 4.5 million barrels per day of shut-in

Rival Systems has added multi-condition alerts, custom severity levels, and targeted notifications to Rival Risk, connecting each warning to live account data and scenario analysis. The release turns the platform's alerting layer into a workflow for identifying, assigning, and investigating

Rival Systems has enhanced its Rival Risk platform with multi-condition alerts, custom severity levels and targeted notifications to help firms manage portfolio exposure across continuous markets. Users can combine account, position and risk conditions in a single rule, route alerts to designated st

According to sources, Belarus reduced vehicle fuel supplies to Russia in September.

According to two sources, the first liquefied natural gas production line at Qatar's North Field East expansion project is ready for operation, with first production expected to begin in November.

UBS raised its December crude oil price forecast by $5 per barrel on October 7, predicting Brent crude will reach $100 per barrel and WTI crude will reach $96 per barrel by year-end.

Trump administration policies including tariffs and military conflicts have driven inflation that is impacting AI-related stocks through rising interest rates. Energy and commodity price increases stemming from conflicts in oil-producing regions and tariff disputes with allies including Europe have

According to Guru Club, Brent crude oil rose over 1% intraday on October 7, trading at $101.18 per barrel.

According to the financial investment industry, Hyundai Securities established a dedicated CFD (contract for difference) task force under its planning office in July and began recruiting specialized personnel in August and September. The company is examining the feasibility of launching CFD

According to FinanceFeeds, WTI crude oil rebounded from the 87.00 support level on October 7, with analysts expecting further upside toward the 94.50 resistance level. The bounce occurred near key support including the daily up channel trendline from July and the 38.2% Fibonacci retracement of the u

According to Iran's state media Fars News, an advisor to Iran's Revolutionary Guard said on October 7 that the country will soon blockade 'illegal' shipping routes in the Strait of Hormuz.

According to reports as of October 7, Canadian Prime Minister Mark Carney's government designated a new west-coast oil pipeline as a 'National Interest Project' last week, expediting infrastructure and energy sector reviews. The designation grants conditional pre-approval, allowing Carney to

According to BlockBeats, on October 7, President Trump signed an executive order to temporarily permit tax-exempt red-dyed diesel—originally used in agriculture and mining—to enter the road transportation market. The move aims to reduce logistics costs by lowering fuel taxes for truckers. Current

According to Reuters and Agence France-Presse, U.S. Secretary of State Marco Rubio said on October 7 during a visit to Athens that Iran has completely lost control of the Strait of Hormuz. Rubio stated that Iran's economy is in "complete freefall" and that the strait remains open with oil

Barchart has added more than 1,500 Fastmarkets benchmark assessments covering metals, mining, and freight to its cmdtyView platform and streaming services. The expanded data offering places physical-market prices beside Barchart's London Metal Exchange and CME futures and options coverage. The

According to Uanalyze, U.S. stock index futures remained stable on Wednesday, October 7, with gains concentrated in megacap technology stocks including Nvidia, Apple, Alphabet, Microsoft, Amazon, Meta, and Tesla. The Dow futures fell 0.2%, S&P 500 futures held flat, and Nasdaq futures

Japanese stocks declined on October 7 as profit-taking emerged following the previous session's gains, with the Nikkei 225 falling 648.27 points (0.92%) to close at 70,035.71 and the TOPIX dropping 29.45 points (0.70%) to 4,154.11. Selling concentrated in artificial intelligence and semiconductor-re

According to Jin10, Qatar gathered at least 12 empty LNG tankers in the Persian Gulf on October 7, with combined capacity of approximately 1.1 million tons—about 2% of the global LNG fleet's total capacity. The move suggests preparations to increase exports through the Strait of Hormuz. However,