Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10 Data, Hongtong Gas stated on June 26 that the company has no natural gas upstream production operations. The company sources natural gas through a combination of online and offline procurement channels, with supplies primarily coming from PetroChina, China National Petroleum

According to Jin10 Futures, on June 26, Shanghai Futures Exchange energy and chemical commodity inventory data showed pulp warehouse inventory increased to 258,139 tons, up 9,389 tons from the previous trading day. Stone bitumen factory inventory declined to 49,300 tons, down 7,070 tons. Other

According to the EU Oil Coordination Group, trade flows are beginning to slowly recover following the signing of a memorandum of understanding between the United States and Iran.

Brent crude oil declined 2.0% intraday today, trading at $73.97 per barrel.

According to Guangdai Futures, on Friday (June 20), energy products including fuel oil, LPG, and asphalt rebounded after recent declines, with fuel oil prices rising over 2% and low-sulfur fuel oil climbing over 3%. The recovery was driven by easing tensions in the Middle East; a vessel was struck b

According to Jin10 Data, on June 26, the United States pressed Iran to maintain free passage through the Strait of Hormuz and is demanding that Oman reject any joint toll-collection system with Iran. U.S. Secretary of State Rubio warned that if Iran imposes charges, other nations may follow,

According to Indonesia's Finance Minister, the country's fiscal deficit is expected to remain below 3% of GDP in 2026, supported by budget optimization for free meal programs and declining global oil prices. These factors provide additional fiscal space for the

Equinor (Norway's national oil company) has decided to end its offshore wind operations in Japan, with the Tokyo office set to close by the end of 2026.

Sweden's Statistics Bureau reported that the country's producer price index (PPI) in May rose 6.6% year-over-year and 1.3% month-over-month.

Gate News, according to Gate official announcement, Gate has officially launched Gate Wealth, a new wealth management service system offering private banking-level services to ultra-high-net-worth individuals and institutional investors worldwide. The system integrates digital assets, fiat currency systems, and real-world assets (RWA) to build a cross-cycle, multi-asset-class global wealth management infrastructure. Core capabilities provided by Gate Wealth include: crypto asset liquidity manage

According to Guru Club, iron ore futures in Singapore fell to $96.80 per ton on June 26, marking the seventh consecutive weekly decline and the longest losing streak since 2022. The contract hit an intraday low not seen since February. Prices declined 1.5% this week and are on track for a second con

According to Jin10 Futures, on June 26, Zhengzhou rapeseed meal futures opened lower and then consolidated higher. Canadian canola futures closed up 0.40% on the benchmark contract, primarily reflecting a rebound in crude oil futures.

According to Guru Club, aluminum prices fell for a fourth consecutive week this week, marking the longest losing streak since April 2025, with prices expected to decline approximately 7% for the week. The sell-off was driven by recovering supply expectations from the Middle East, which accounts for

WTI crude oil futures fell 1.9% during intraday trading today, hitting $70.55 per barrel.

According to the National Energy Administration announced today at a State Council press conference on June 26, China's annual electricity consumption is expected to increase by approximately 600 billion kWh during the 15th Five-Year Plan (2026–2030) period. National Energy Administration Power

According to sources, Qatar is offering crude oil for July and August shipments through a tender process. Details regarding volumes and pricing terms were not specified.

According to National Energy Administration deputy director Wan Jingsong at a press conference on June 26, China will expand private enterprise participation in major energy projects during the 15th Five-Year Plan period (2026-2030). The NEA will issue investment guidelines for private

According to BlockBeats, Saudi Aramco resumed oil loading at the Ras Tanura terminal on June 26 after suspending operations for nearly four months. Shipping data shows two supertankers loaded crude on Friday, with another awaiting its turn at the

According to a State Council Information Office news conference on June 26, China's National Energy Administration Director Wang Hongzhi forecasted that the country's installed power capacity will reach 5.4 billion kilowatts by 2030, up from the current 4 billion kilowatts. New energy sources will a

According to BlockBeats, Brent crude oil fell to $72.06 on June 26, completing a rapid retreat to pre-conflict levels in just 11 days and erasing all gains from the U.S.-Iran escalation. The crude has dropped 39% from its March peak of $118.35; WTI crude closed at $71.92, down 36% from its