Commodities (Crude Oil & Copper) & Macro Outlook

According to Argus Media senior adviser Arthur Portie, spring-sown corn in France is currently facing severe germination difficulties. Weather models show no rainfall expected over the next 10 days, with intensifying heat waves further threatening crop

According to Jin10, CNPC Chairman Dai Houliang met World Petroleum Council President Pedro in London on July 2 (local time). The two exchanged views on deepening practical cooperation. Dai stated that the World Petroleum Council, as a leading international energy organization, plays an important rol

According to BlockBeats, on July 3, Bitget upgraded its institutional fee framework covering PRO membership and liquidity incentive programs. The upgrade extends to crypto assets, equities, precious metals, commodities, and indices, offering refined fee structures and market-making support

Robinhood Europe expanded its perpetual futures offerings for eligible European Union users by updating its Specific Information Document to include crypto perps tied to XRP, Cardano, Sui, Solana, Bitcoin, Ethereum, Dogecoin, Avalanche, Chainlink, Hyperliquid, Bittensor, Aster, and PAX Gold. The

Robinhood Europe expanded perpetual futures offerings for eligible EU users, adding crypto perps tied to XRP, Cardano, Sui, Solana, Bitcoin, Ethereum, Dogecoin, Avalanche, Chainlink, Hyperliquid, Bittensor, Aster, and PAX Gold. The company also rolled out perpetual futures linked to commodities,

According to Jin10, ECB Governing Council member Isabel Mulan said yesterday (July 3) that the central bank is well-positioned following last month's rate hike, as falling oil prices alleviate price pressures in the eurozone. Mulan stated the ECB will not enter a new rate-hike cycle, while noting th

According to Coin Bureau CEO Nic Puckrin in a recent interview, Strategy's capital structure has become a major market overhang due to massive dividend obligations tied to its STRC preferred stock. Puckrin cautioned that the company is attempting to raise cash through at-the-market sales of MSTR

According to sources, Kazakhstan's oil and gas production rose to 2.16 million barrels per day in June, up from 2.12 million barrels per day in May.

According to Hyperinsight data, three whales opened $4.66 million in long positions in MU (Micron Technology) futures on July 3 afternoon. The combined positions were established at an average entry price of approximately $1,007 per

On January 1, 2027, China's Ministry of Finance, State Taxation Administration, and Ministry of Industry and Information Technology will cancel tax incentives for fuel-efficient vehicles and exemptions for pure electric commercial vehicles, plug-in hybrid vehicles, and fuel cell commercial vehicles,

According to sources and Reuters calculations, Russian Urals crude at western ports fell below $45 per barrel in July, marking a 60% decline from its March high.

According to Citigroup analyst Francesco Martoccia, Brent crude oil may fall to $60 per barrel as disruptions at the Strait of Hormuz gradually ease. "Fundamentals are rapidly reasserting themselves," Martoccia wrote in a report, citing recovering shipping flows, weaker spot crude markets, and

According to Canada's Prime Minister's Office, the federal government formally submitted on July 2 a proposal to advance a western coast crude oil pipeline project for national priority review. The project will utilize existing pipeline corridors to transport crude oil from Alberta to the British

According to traders, TotalEnergies is supplying millions of barrels of Iraqi crude oil to Asian buyers on July 3, including Basrah Light and Basrah Heavy grades. The French energy giant is offering collection and freight services to Asia-based customers, contrasting with Iraqi National Oil

According to Jin10 Futures, on July 3, the Shanghai Futures Exchange's energy and chemical product inventories showed mixed movements. Pulp warehouse inventory increased by 2,124 tons to 278,693 tons, while fuel oil warrants declined by 17,500 tons to 33,660 tons. Petroleum asphalt warehouse invento

According to the China Association of Automobile Manufacturers, auto commodity imports and exports reached $29.46 billion in May 2026, up 17.6% year-over-year. Exports surged to $25.85 billion, up 25% from the same period last year, while imports fell to $3.61 billion, down 17.7% year-over-year.

According to CCTV Finance, on July 3 at 24:00, China's domestic refined oil prices will be reduced. The National Development and Reform Commission announced that 92-octane gasoline will decline by 0.75 yuan per liter, 95-octane gasoline by 0.79 yuan per liter, and diesel by 0.78 yuan per liter.

According to a latest research report from China Information Securities, global energy storage installations are projected to grow from 508GWh in 2026 to 842GWh by 2030, with a compound annual growth rate of 13%. The corresponding market value is forecast to increase from 533.9 billion yuan to 839.5

According to China's National Development and Reform Commission, domestic petrol and diesel (standard product) prices will each decline by 950 yuan and 915 yuan per ton, respectively, effective from 24:00 on July 3, based on recent international crude oil market

The U.S. government released Donald Trump's 2025 annual financial disclosure, showing that his total income in his first year back in the White House reached at least $2.24 billion, covering stock holdings and cryptocurrency gains. Facing questions about conflicts of interest, Trump strongly rebutted in an exclusive interview with CNBC, emphasizing that his finances are managed by external institutions through blind trusts, stating, "I have never spoken to the managers." Trump's 2025 Financial D