Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, President Trump on August 25 proposed renaming Lake Ontario to Lake America, stating the U.S. does not expect significant future business with Ontario. The proposal follows failed U.S.-Canada trade negotiations. Trump has also threatened to raise tariffs on Canadian vehicles,

According to American Farm Bureau Federation research, U.S. Corn Belt farmers face an estimated $31 billion in losses in 2026 and $32 billion in 2027 without government subsidies, marking the most severe agricultural crisis since the 1980s. The spike in production costs has been the primary

According to Sibur, a fire broke out on August 25 at a gas chemical complex project located in Russia's Amur Region, causing casualties. The incident was reported by the company and confirmed by state media.

According to Guru Club, Shimkent oil refinery in Kazakhstan experienced a power outage today (Aug 25), though production operations remained unaffected.

According to Mysteelchina, domestic coking coal prices extended gains on August 25. Linfen medium-sulfur main coal averaged 2,407 yuan per ton, up 261 yuan from August 18, while Lüliang low-sulfur main coal hit 2,575 yuan per ton, up 562 yuan from August 11. Supply remains tight due to strict

President Trump announced on Monday that tariffs on all Canadian automobiles, trucks, auto parts, and steel will increase to 50% effective January 1, 2027. The announcement comes amid ongoing tensions with Canada over trade practices. Trump stated that Canada has been "taking advantage" of the

From 09:45 to 10:00 on August 25, 2026 (UTC), BTC/USDT fluctuated between $78,876.9 and $79,781.3, with an Ampl of 1.13% and a Return of -0.70%. After a brief surge, the price quickly pulled back, and volatility intensified significantly. The main driver of this move was the U.S. Treasury’s announcement that it would double its purchases of long-term Treasury bonds. The initial positive impact on risk assets triggered a short squeeze and a short-term rally. However, subsequent market rumors that

Shanghai's municipal government released its 2026–2030 development plan on August 25, which includes expanding trading volumes for copper, aluminum, and other key metals, and accelerating the establishment of futures contracts for emerging metals including lithium, cobalt, and nickel. The plan

According to Gate data, Brent crude (XBRUSD) fell to $89.86 per barrel in the past 24 hours, down 3.5%.

According to Guru Club, Brent crude futures declined 3% to $87.798 per barrel on August 25.

According to Jin10, WTI crude oil fell below $82 per barrel intraday on August 25, down 3.02% for the day. Brent crude declined 2.6%, trading at $88.04 per barrel.

According to its announcement on August 25, Everbright Fund Management has suspended redemption services for its Everbright Crude Oil Securities Investment Fund (QDII) on August 31, 2026, as the London Stock Exchange will be closed that day. Redemption services will resume on September 1. The suspen

According to Jin10, E Fund announced on August 25 that it will suspend redemption services for its China Crude Oil Qualified Domestic Institutional Investor (QDII) fund on August 31, 2026, due to London Stock Exchange closure. Redemption services will resume on September 1. The suspension applies to

According to Jin10, on Aug 25, Japanese Prime Minister Takayuki Makiyama instructed relevant ministers to prepare measures maintaining gasoline price subsidies. The subsidies, introduced since mid-March to support oil wholesalers, aim to keep average retail gasoline prices around 170 yen per

According to Jin10, WTI crude oil declined 2.00% intraday on August 25 to $82.86 per barrel. Brent crude oil fell 1.65% to $88.88 per barrel.

Brent crude oil breaks below $89 per barrel, down more than 1.5% intraday on August 25.

According to a Yide Futures report on Aug 25, bitumen futures surged, driven by geopolitical premium amid the U.S.-Iran standoff and tight domestic supply. Refinery operating rates hit a seasonal low with weekly production at 39.1 million tons, while September independent refineries plan a 43.6%

According to Dalian Commodity Exchange announcement, effective August 27, 2026, the daily trading limits for original timber futures contracts will be adjusted from 6% to 5%, while margin requirements will be lowered from 8% to 6%. Additionally, margin requirements for fiberboard futures will

President Donald Trump stated on August 19 that the Commodity Futures Trading Commission (CFTC) is developing a regulatory pathway for Hyperliquid to operate legally in the United States. Speaking at a White House gathering of cryptocurrency and financial-industry executives, Trump identified CFTC C

According to Guru Club, copper prices declined slightly on August 25 but remained above $14,200 per tonne, as fresh outflows from London Metal Exchange warehouses triggered concerns about supply tightness. ING analysts noted that while recent inflows had provided temporary relief, the latest stock o