Commodities (Crude Oil & Copper) & Macro Outlook

According to Brazilian government data, Brazil exported 11.69 million tons of crude oil in September, up 42% year-over-year from 8.22 million tons in September 2025.

According to Brazil's Trade Ministry, the country recorded exports of $34.418 billion and imports of $26.678 billion in September, resulting in a trade surplus of approximately $7.54 billion for the month.

According to state media CCTV, amid US-Israeli military operations against Iran, shipping in the Strait of Hormuz faces severe disruption, triggering international oil price volatility and fuel shortages across parts of Europe. Supernova International Transport Ltd., a Budapest-based logistics

Chile's state-owned copper company Codelco announced that it is investigating evidence of overproduction during 2024-25. The board has been informed of preliminary findings related to possible duplicate accounting in production records and inventory discrepancies. Codelco has submitted its findings

According to Gate data, Brent crude oil (XBRUSD) rebounded to $104 per barrel as of today (October 6), trading at $104.00, with a 24-hour decline of 0.8%.

According to IIR Energy, Saudi Arabia's Jazan refinery is expected to resume operations in November following maintenance. The Samref refinery, located near Yanbu on the Red Sea coast, has reduced operational capacity due to damage to the east-west

The International Energy Agency (IEA) will meet on Wednesday to discuss the potential release of diesel and crude oil stocks.

According to LME closing data today (October 6), copper futures closed down $5 to $14,415 per ton, while aluminum rose $6 to $3,134 per ton and zinc advanced $22 to $3,766 per ton. Nickel retreated $32 to $15,682 per ton, tin fell $130 to $54,184 per ton, and lead declined $2 to $1,873 per ton.

According to the U.S. Energy Information Administration (EIA) in its latest Short-Term Energy Outlook, Middle East oil production and exports are expected to gradually recover in the fourth quarter of 2026 despite ongoing supply constraints, with reduced outages reaching their lowest level since the

The U.S. Energy Information Administration (EIA) raised its forecast for average natural gas prices in 2026 to $3.61 per million British thermal units (MMBtu), up from its previous estimate of $3.56 per MMBtu.

According to the U.S. Energy Information Administration (EIA), the projected daily decline in U.S. crude oil demand for 2026 has been revised upward to 140,000 barrels, from a previous forecast of -30,000 barrels.

From 15:45 to 16:00 on October 6, 2026 (UTC), BTC edged down 0.43% over 15 minutes, with a price range of 85,728.4 to 86,119.4 USDT and an amplitude of 0.45%. Overall, it remained in a narrow consolidation characterized by low amplitude and low volatility. The current offer was approximately $85,755, with a 24h rise of only +0.63%, indicating limited market participation and strong wait-and-see sentiment. The main driver of this move was a marginal improvement in macro risk sentiment. Crude oil

According to the EIA Short-Term Energy Outlook, the agency raised its 2026 U.S. natural gas consumption forecast to 92.4 billion cubic feet per day, up from the previous estimate of 92.2 billion cubic feet per day.

Brent crude fell below $100 per barrel Tuesday as Gulf oil exports recovered to 81% of pre-war levels. December Brent futures dropped approximately 2.6% to $97.73, while WTI fell to roughly $86.64. The decline followed new shipping data showing that combined crude, condensate and refined-product exp

According to the U.S. Energy Information Administration (EIA), American households' heating oil bills are expected to increase by 21% during the 2026-2027 winter season.

Brent crude fell below $100 per barrel on Tuesday as Gulf oil exports continued recovering from disruptions caused by conflict with Iran. December Brent futures declined 2.6% to $97.73, while WTI fell to approximately $86.64, according to shipping data. Combined crude, condensate and

According to the U.S. Energy Information Administration, retail diesel prices in the United States are expected to remain above $6 per gallon in October, then gradually decline to approximately $4.50 per gallon

According to the U.S. Energy Information Administration (EIA), U.S. natural gas production for October is forecast at 11.22 billion cubic feet per day, compared to the previous forecast of 11.17 billion cubic feet per day.

According to Bio Bio, a worker at Cap iron ore mine in Chile died today. No additional details about the incident were immediately disclosed.

According to U.S. EIA, the agency raised its forecast for the average WTI crude oil price in October to $88.21 per barrel, compared to the previous estimate of $84.65 per barrel, representing an increase of $3.56.