Commodities (Crude Oil & Copper) & Macro Outlook

According to FinanceFeeds, the SEC approved a Cboe BZX rule change on Oct. 2 covering six 3x leveraged exchange-traded products, including 3x Bitcoin ETF, 3x Ether ETF, 3x Gold ETF, 3x Silver ETF, 3x Crude Oil ETF, and 3x Natural Gas ETF. The approval represents the first time U.S.-listed crypto pro

According to Exxon Mobil Global Exploration Vice President Ardill, the company will exceed 1 million barrels per day in Guyana by the end of 2026, with production expected to continue growing.

According to Guru Club, on October 5, WTI crude oil futures fell 2.01% to $89.276 per barrel, while Brent crude oil futures declined 0.60% to $101.633 per barrel.

Chevron has announced the appointment of Jeff Gustavson as Chief Financial Officer and the promotion of Eimear Bonner to President of Oil Products and Natural Gas business.

According to Kuwait Petroleum Company's CEO, the company is currently operating at approximately 2 million barrels per day, down from 2.6 million before the conflict began. The company has deployed a strategic tanker fleet to offset supply disruptions, including ship-to-ship transfers despite

U.S. Agriculture Secretary said President Trump may take action on farmer-related issues later today, October 5.

At least two oil tankers were struck by projectiles near Oman and Iran, one on Friday and one on Sunday, per the UK's Maritime Trade Operations Centre. The attacks occurred as Iran maintains conditions for reopening the Strait of Hormuz, fueling investor concerns about global oil trade recovery.

South Africa's government announced that petrol retail prices will increase by up to 333 cents per liter from October 7 onwards.

According to Kuwait Petroleum Corporation's CEO, the country's current oil production stands at approximately 75% of pre-conflict levels.

According to Reuters, the U.S. Department of Energy is preparing a $4.2 billion financing package to help Vistra Corp increase power output at three or more of its nuclear stations. Energy Secretary Chris Wright is expected to announce the deal at Vistra's Perry plant in Ohio. The financing

According to Jin10, BP CEO Meg stated on Monday that the company must improve shareholder capital efficiency as she accelerates restructuring efforts launched during her first six months in charge. Meg, the first CEO appointed from outside the company, has undertaken asset sales, streamlined

According to Guru Club, raw sugar futures extended gains and hit the highest level since December 17, 2024, rising 2% on October 5, as weather risks in major sugar-producing countries intensified supply tightening concerns. The New York contract extended last week's nearly 8% rally. IG's chief

Hyperliquid integrated with Bloomberg Terminal to provide professional users access to market data for perpetual futures contracts covering oil, gold, the S&P 500, and major chipmakers. The integration enables access to 24/7 perpetual markets within the same workflow used to track conventional

The SEC approved Cboe BZX's proposed rule change to list Volatility Shares' 3x Bitcoin ETF and 3x Ether ETF, alongside leveraged products for gold, silver, crude oil, and natural gas. The Bitcoin product is expected to trade under ticker BITH, while the Ether product is listed as ETHK. The SEC

Saudi Aramco CEO Amin Nasser warned at the Energy Intelligence Forum in London that global crude and refined-product inventories are now "scarily thin." He said they could take as long as two years to replenish. Nearly 3 billion barrels of supply have been lost since the war involving the U.S.,

According to Reuters, on October 5, Saudi Aramco CEO Amin Nasser warned at the Energy Intelligence Forum in London that global crude and refined-product inventories are 'scarily thin' and could take as long as two years to replenish. Nearly 3 billion barrels of supply have been lost since

Abu Dhabi National Oil Company (ADNOC) signed an agreement with Gulf Group to supply up to 2 million tons of liquefied natural gas (LNG) to Thailand annually, with deliveries beginning in 2027 under a multi-year

Airlines are raising fares amid volatile fuel prices driven by the Iran war that began at the end of February, but industry profits are under pressure despite strong travel demand. Fuel costs surged to multi-year highs following Strait of Hormuz disruptions that lasted most of this year, with

According to Hopper data cited by CNBC, U.S. domestic round-trip airfares for Thanksgiving and Christmas travel surged 31% and 23% respectively in late September compared with 2025, reaching $402 and $452 as jet fuel costs remain elevated following the Iran war that began in February. Despite the h

Oil producers are paying sailors bonuses of up to $25,000 for single round trips through the Strait of Hormuz, according to The Wall Street Journal. The payments are part of an expanding shuttle run system used to move crude through the strait despite attacks on commercial vessels. Under the system,