Commodities (Crude Oil & Copper) & Macro Outlook

On August 25, Shanghai Futures Exchange released daily metals warehouse receipts data, showing mixed changes across commodities. Copper inventories fell 2,484 tons to 38,619 tons, aluminum dropped 1,923 tons to 262,514 tons, and white silver declined 8,220 kilograms to 1,412,903 kilograms. Zinc inve

According to Shanghai Futures Exchange data released on August 25, pulp futures warehouse inventory increased to 379,045 tons, up 4,564 tons from the previous trading day. Pulp factory warehouse inventory remained at 20,000 tons. Other energy and chemical futures contracts, including crude oil,

According to Jin10, Russia's Afipsky refinery in the southern Krasnodar region caught fire after being attacked by drones overnight on August 25. Local emergency services are responding to the incident at the facility near the Ukraine border. The refinery, owned by privately-held ForteInvest, has

According to the Financial Investment Association of Korea, as of August 21, domestic MMF (money market fund) balance reached 259.68 trillion won, up 8.12 trillion won compared to the previous month. The figure remains near the record high of 262.97 trillion won recorded on August 13, reflecting

According to Kazakhstan's Energy Ministry, the Karachaganak oil field plans maintenance in September, with an estimated production loss of 400,000 to 450,000 tons.

According to Yomiuri Shimbun, Japan's Ministry of Economy, Trade and Industry expert panel approved a proposal on Monday to establish a subsidy program supporting companies in diversifying crude oil and naphtha supply sources. The initiative aims to reduce Japan's dependence on oil imports

According to Financial Times, U.S. corn belt farmers are facing their worst crisis in 40 years, with diesel and fertilizer costs surging after the Trump administration's military actions against Iran. The American Farm Bureau Federation (AFBF) research shows that without government aid, farmers

According to Gate data, Brent crude oil (XBRUSD) fell to $91.97 per barrel, declining 1.5% over the past 24 hours.

WTI crude oil fell below $84 per barrel today, declining 0.66% intraday.

According to Saudi government data, Saudi Arabia's non-oil exports (including re-exports) declined 9.7% year-on-year in June.

According to Saudi government data, the kingdom's commodity exports declined 4.5% year-over-year in June, with oil exports falling 2.3% during the same period.

According to Jin10 Futures, CME data from August 24 showed mixed performance across energy and precious metals. Gold and copper saw increased trading volume and open interest, while silver and WTI crude oil recorded declines in both metrics. Brent crude oil and natural gas exhibited higher trading a

According to Bill Miller IV, CEO of Miller Value Partners, speaking on CNBC on August 25, long-term investors are increasingly redirecting their focus from artificial intelligence stocks to digital assets, particularly Bitcoin. Miller cited growing concerns over the return on investment (ROI) from m

According to Jin10 Futures, as of 11:30 today (August 25), China's chemical sector rose broadly, with fuel oil, ethylene glycol, para-xylene, benzene, and styrene climbing over 2%. Brent crude oil futures have gained approximately 30% since early July, currently trading near $91 per barrel. Morgan

According to Financial Times, Tehran's gas stations were crowded with long queues on August 25 as Iran faces severe fuel shortages. The country's state-run energy optimization agency warned that Tehran is experiencing a critical oil deficit, with current gasoline supplies falling 15 million liters s

According to Jin10, on August 24, Mongolia's Ministry of Industry and Mineral Resources met with approximately 30 Chinese mining enterprises operating in the country to address fuel supply challenges. The ministry aims to increase fuel imports from China to 30% of domestic consumption as part of

According to Kpler vessel tracking data, the number of commercial ships passing through the Strait of Hormuz fell to a 3-month low on August 24.

According to Kpler, only one commodity vessel passed through the Strait of Hormuz on Monday (August 25), marking the lowest level since May 7. The vessel was an ultra-large liquefied natural gas carrier entering the strait from the Gulf of Oman, compared with six vessels that transited on

According to Jin10 Futures, imported benzene shipments arrived at East China major ports on August 25, driving pure benzene prices lower. Weak crude oil prices and minimal typhoon-related discharge delays supported the market influx. Meanwhile, crude oil futures saw profit-taking amid questions

According to Guru Club, lithium carbonate futures' main contract fell over 5% on August 25, trading at 151,500 yuan per ton.