Commodities (Crude Oil & Copper) & Macro Outlook

According to The New York Times, on October 3, the Trump administration's negotiations with Russia on ending the Ukraine war have expanded to include a multibillion-dollar oil deal involving assets of Lukoil, one of Russia's largest energy companies. The transaction would benefit Middle Eastern

According to the UK road rescue company on October 2, the average retail price of diesel reached £2 per liter (approximately 17.75 yuan), surpassing the previous record set in June 2022. The price surge was driven by ongoing tensions in the Middle East,

According to Daishin Securities analysis on October 3, the Trump administration announced South Korea's strategic investment projects totaling nearly $200 billion, comprising 8 nuclear reactors, a Texas gas power plant, and Alaska liquefied natural gas

Norway's gas transport operator Gassco extended the planned shutdown of the Heidrun gas field from October 4 to October 5, impacting daily supplies of 5.5 million cubic meters. The shutdown began on September 29 and is now scheduled to run through October 5.

According to Yonhap Infomax, on October 2, during a campaign rally in Mobile, Alabama, President Donald Trump acknowledged that the Iran conflict has raised oil prices but dismissed it as a 'small price' to prevent Iran from acquiring nuclear weapons. Trump predicted that oil prices will likely

According to Argentina's Economy Ministry, on October 2, the country unveiled South America's first investment citizenship program, with applications opening in the fourth quarter. Applicants must invest at least $350,000 directly or purchase $800,000 in public bonds, subject to source of funds

According to Bloomberg, CME Group has shelved its plan to launch around-the-clock crude oil futures contracts following industry concerns and opposition.

South Korea's M&A market recorded 62.0530 trillion won in cumulative transactions through Q3, surpassing last year's full-year total of 61.3989 trillion won in just nine months. The surge was driven by large-scale AI infrastructure investments and semiconductor industry restructuring as

China halted petroleum product exports to multiple countries including the United States this month. State-owned refiner PetroChina canceled substantial gasoline and aviation fuel shipments scheduled for October on September 30, according to Reuters. Major private refiner Zhejiang Petroleum &

According to Reuters, on October 2, China halted petroleum product exports to major markets including the United States, with state-owned PetroChina canceling a significant portion of planned October gasoline and jet fuel shipments. As a result, Singapore benchmark gasoline prices—the Asian market r

According to Reuters, on October 2 local time, U.S. stock indices closed higher driven by softer employment data and expectations of lower interest rate hikes. The Nasdaq composite rose 1.19% to 27,190.86, while the S&P 500 gained 0.73% to 7,722.72 and the Dow Jones Industrial Average

According to Bloomberg ETF analyst Eric Balchunas, the U.S. Securities and Exchange Commission (SEC) approved three times leveraged exchange-traded products (ETPs) for Bitcoin, Ethereum, gold, silver, crude oil, and natural gas on

According to the UK Maritime Trade Organization, an oil tanker's captain reported the vessel was struck by an unidentified flying object on its port side on Oct 3, in the waters approximately 4 nautical miles off Eastern Oman. All crew members are safe, and no environmental impact has been reported.

The U.S. Securities and Exchange Commission approved the listing of 3x leveraged exchange-traded funds on Bitcoin, Ether, gold, silver, crude oil, and natural gas, Bloomberg Intelligence senior ETF analyst Eric Balchunas reported in a post on X on Oct. 2. The approval follows a proposed rule change

CME Group scrapped its plan to launch a 24-hour crude oil futures contract after facing opposition from key industry participants. Chief Executive Officer Terry Duffy said in a statement reported on October 2

According to the U.S. Department of Labor, USD-KRW fell to 1,343.60 won overnight on October 3 after September nonfarm payrolls increased just 29,000 versus market expectations of 90,000. The unemployment rate rose to 4.2%, and the dollar index dropped below 102. The currency declined more than 20 w

US President Donald Trump threatened South Korea on local time the 2nd, warning of negative consequences if the country does not participate in the Alaska liquefied natural gas (LNG) pipeline project. When asked by reporters at the White House whether the announcement was premature given Korea's

According to Guru Club, on October 3, President Trump announced that the U.S. will not impose diesel export bans and has requested Europe to release additional diesel supplies to ease fuel price pressure. Trump stated: "I've made this request. Europe has large amounts of diesel, and they will make a

According to Bloomberg ETF analyst Eric Balchunas, the U.S. Securities and Exchange Commission (SEC) approved today 3x leveraged ETPs tracking Bitcoin, Ethereum, gold, silver, crude oil, and natural gas under the Securities Act

According to economists, a U.S. diesel export ban could push U.K. inflation close to 5%. A prolonged ban would drive diesel prices above £3 per liter and add 0.5 to 1 percentage point to inflation, strengthening the case for further interest rate hikes by the Bank of England. The price surge would