Commodities (Crude Oil & Copper) & Macro Outlook

According to Eurostat, the eurozone's September consumer price index (CPI) rose 3.8% year-over-year on October 2, exceeding market expectations of 3.6% and climbing 0.6 percentage points from August's 3.2%. Core inflation, which excludes volatile food and energy components, came in at 2.5%, in

From 12:45 to 13:00 (UTC) on October 2, 2026, BTC rose 0.38% over 15 minutes, with a price range of 86,455.3–86,899.2 USDT and an amplitude of 0.51%. Rising risk aversion drove BTC to rebound from the intraday low of $83,461 to around $86,449, bringing its cumulative 24-hour gain to 2.93%. The main driver of this move was the spillover of safe-haven demand triggered by the ongoing escalation of the U.S.-Iran war. The Iranian military announced plans to introduce new weapons and expand the scope

According to NBC News, U.S. President Trump and French President Macron discussed the energy situation last night (October 1). The specific details and outcomes of the discussion were not disclosed by the news

President Trump unveiled a strengthened energy agreement with South Korea on October 2, allocating $8.4 billion toward an enhanced oil production project. The initiative aims to boost crude oil and natural gas output to support U.S. energy leadership and global energy

According to the Élysée Palace, French President Emmanuel Macron will host a video conference with G7 leaders this afternoon at 2:30 PM local time to discuss the global energy situation.

According to Russian Deputy PM Novak, fuel station demand is no longer experiencing the surge observed during summer 2026. The official noted that the heightened demand conditions that characterized the earlier period have not continued into the current

According to sources, OPEC+ has postponed its oil production capacity assessment because not all member states have submitted required data. The evaluation is now expected to be completed by mid-November.

According to Russian Deputy Prime Minister Novak, OPEC+ nations will discuss oil market standards and quota compliance during their meeting on Sunday, October 5.

According to an EU spokesman, the next meeting of the EU Oil Coordinating Group is scheduled for October 15. The spokesman added that the group is prepared to convene earlier if circumstances require.

Libya is expected to export approximately 1.1 million barrels per day of crude oil in October, according to preliminary loading schedules. This marks the lowest level since January 2025, down from 1.23 million barrels per day in

According to sources, Kuwait's crude oil production declined by approximately 200,000 barrels per day in September, reaching 1.77 million barrels per day.

According to Russian Deputy PM Novak, Russia repelled overnight attacks targeting 4 refineries. The statement did not specify the location of the facilities or the source of the attacks.

According to Russian Deputy Prime Minister Novak, Russia will consider partially lifting diesel export restrictions on October 2. The statement marks a potential shift in Russia's energy export policy amid ongoing global market

According to Jin10, industry sources said on Friday that Kazakhstan's September oil and condensate output declined 7% from August due to maintenance at the major Karachaganak oil and gas field. September production fell to 7.65 million tons, or about 1.92 million barrels per day. Karachaganak output

According to Bank of England data released October 2, UK enterprises plan to raise prices by 3.9% over the next year following a surge in oil and gas prices, marking the highest level since June and up 0.3 percentage points from the previous

The United States deployed two additional Patriot missile batteries to Saudi Arabia and Qatar to protect oil and gas facilities, Axios reported. The deployment follows US President Donald Trump's warning on the 1st that he is considering new strikes on Iran 'in the coming weeks,' stating 'we must

According to Axios, on October 2, the U.S. deployed 2 additional Patriot missile battery systems to Saudi Arabia and Qatar to protect their oil and gas facilities. The deployment aims to assure the two allies that their critical energy infrastructure will be protected in case President Trump

Foreign investors net sold 190.5 trillion won on Korea Exchange in Jan-Sep, with selling expanding from semiconductors to the broader market. The exodus, initially concentrated in Samsung Electronics and SK Hynix, has intensified in recent months as extreme price volatility combined with global

According to Jera Co. Chief Executive Yukio Kani on October 2, Qatari LNG supply will not quickly return to the market as shipping disruptions in the Strait of Hormuz persist. The region accounts for roughly one-fifth of global LNG supply prior to the Middle East conflict. LNG spot prices have

Brent crude fell 3% intraday to $98.38 per barrel, while WTI crude declined 3.8% during the same period on October 2.