Commodities (Crude Oil & Copper) & Macro Outlook

According to Bitcoin.com News, the U.S. Securities and Exchange Commission has approved Cboe BZX Exchange rule modifications allowing Volatility Shares LLC to launch a 3x leveraged Bitcoin futures ETF and five additional leveraged commodity products. The product suite includes a 3x Ethereum ETF

According to Nikkei news, Saudi Arabia and the UAE announced on Thursday they will assist Asian nations in building strategic oil reserves. The announcement came during a ministerial meeting in Manila attended by the Asia Zero Emission Community, a group of 11 countries led by Japan. Both Saudi and

A tanker transiting the Strait of Hormuz was struck by an unknown projectile on Oct. 4, according to UKMTO, marking the fourth vessel hit since the start of October. The vessel suffered engine-room damage but all crew were reported safe, with no environmental impact identified at the time of the

According to UKMTO, a tanker transiting the Strait of Hormuz was struck by an unknown projectile on Oct. 4, suffering engine-room damage. All crew were reported safe with no environmental impact identified. This marks the fourth vessel hit in the latest sequence of attacks around the waterway

According to CCTV News, the International Energy Agency has released approximately 325 million barrels of strategic petroleum reserves on October 2, fulfilling over 80 percent of its 400 million barrel commitment announced in March. IEA head Fatih Birol disclosed the figure during a G7 leaders'

Next week, China will release September foreign exchange reserves and M2 on Wednesday and Friday, respectively. The U.S. will publish multiple economic indicators including PMI, ADP employment, and EIA crude oil inventory throughout the week. The Federal Reserve will also release minutes from its S

According to Houthi claims, the group attacked Saudi Aramco facilities in Riyadh and Qurayyah on October 4 using ballistic missiles and unmanned drones, causing fires at the targeted sites.

According to TASS, Russian Deputy Prime Minister Novak said Russia and Saudi Arabia will discuss the oil market situation and forecasts for 2026-2027 on October 12 in Riyadh.

U.S. Treasury Secretary Bessent said this week that Iran's in-transit maritime oil shipments will reach zero.

According to an OPEC+ statement, the organization decided to keep its oil production quota for November unchanged during a meeting on Sunday.

The International Monetary Fund's Executive Board approved a $138 million disbursement to El Salvador on Thursday under its $1.4 billion Extended Fund Facility arrangement, while granting waivers for unmet Bitcoin accumulation performance criteria. According to the IMF's statement, the waivers

The Group of Seven agreed on Oct. 2 to release 100 million barrels of stockpiled diesel, crude oil, and other fuels over four months through the International Energy Agency, with the first 20 days prioritizing large diesel releases. The agreement followed U.S. threats to halt diesel exports to

According to KOSCOM ETF Check, KODEX WTI Crude Oil Futures (H) ETF recorded the highest return of 35.22% among Korea-listed ETFs from July 1 to September 30, 2026. WTI crude oil prices rose 30.10% during the period, climbing from $69.50 per barrel in late June to $90.42 by month-end

According to the UK's largest breakdown recovery service, diesel prices in Britain reached 2 GBP per liter (approximately 17.75 Chinese yuan) on October 2, surpassing the previous record set in June 2022.

Iran reaffirmed on October 4 that the Strait of Hormuz will remain closed until the United States accepts seven conditions outlined in the Islamabad memorandum of understanding. Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated the strait would not reopen until all conditions are met,

According to UK Maritime Trade Operations, a tanker was struck by an unidentified object in the Strait of Hormuz, damaging its engine room. The organization received reports of the incident.

US President Donald Trump on May 3 (local time) threatened tariffs of up to 300% against foreign companies that refuse to build factories in the United States, directly pressuring South Korea over its participation in an Alaska liquefied natural gas (LNG) project. Speaking at a high school rally in

According to remarks made on October 3, U.S. President Donald Trump pressured South Korea to invest in Alaska's liquefied natural gas (LNG) project, threatening tariffs ranging from 150% to 300% if the country refuses to participate. Trump stated that foreign companies have approximately 1.5 years t

According to Iran's Mehr News Agency on October 4, Iran's Foreign Minister Abbas Araghchi stated that the Strait of Hormuz will reopen within 7 days if the United States accepts the terms of a proposed 7-day

OPEC+ representatives reached a preliminary agreement on October 4 to maintain November crude oil production targets at current levels, according to an official statement. The organization confirmed that output quotas will remain unchanged for the coming