Commodities (Crude Oil & Copper) & Macro Outlook

According to Investinglive analyst Adam Button, Canada's May core CPI rose 2.2% year-over-year on June 22, with soaring gasoline prices as the primary driver. Gasoline prices climbed 33.2% in May compared to the prior year, up from 28.6% in April, but the upward trend has reversed; June data is

According to Guru Club citing Guangfa Futures and Zhuochuang Consulting, on June 22, China's spot egg prices fell to 4.45 yuan per jin, down 0.08 yuan from the previous day. Egg futures prices declined sharply in lockstep with the cash market. Post-holiday demand has weakened significantly

WTI crude oil fell $2 per barrel intraday on June 22, closing at $75.25/barrel with a decline of 2.59%.

Gate News: According to the latest Gate TradFi data, COCOA (Cocoa) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

According to shipping tracking data, on June 22, two supertankers carrying 4 million barrels of crude oil passed through the Strait of Hormuz, with one heading to Basra port in Iraq. Additionally, two smaller tankers carrying less than 2 million barrels combined entered the Gulf of

According to the Joint Maritime Information Center (JMIC), shipping traffic through the Strait of Hormuz via Oman and Iran routes increased on June 22, while the maritime security threat level was downgraded to

According to the Indian government, India's crude oil production declined 4.6% year-over-year in May, while natural gas output fell 4.9% over the same period.

According to Xinhua, U.S. Vice President Vance stated on June 22 that should the United States agree to unfreeze Iran's assets, the funds could potentially be used to purchase American soybeans, corn, and

Chevron and Microsoft have signed a 20-year agreement for Chevron to supply natural-gas fired power for Microsoft's proposed $7 billion data center campus in West Texas.

The European Union and Brazil are establishing a strategic partnership on critical minerals, with the EU assisting Brazil in developing local rare earth processing capabilities in exchange for stable mineral supplies. EU International Partnerships Commissioner Jozef Sikela recently visited

According to JODI (Joint Organisations Data Initiative), Saudi Arabia's crude oil throughput at domestic refineries declined by 55,000 barrels per day in April, falling to 2.211 million barrels per day.

According to the Joint Oil Data Initiative (JODI), Saudi Arabia's oil product exports declined by 148,000 barrels per day in April, falling to 1.009 million barrels per day.

According to the Joint Organizations Data Initiative (JODI), Saudi Arabia reduced crude oil production by 651,000 barrels per day (bpd) in April, bringing output to 6.316 million bpd.

According to the Joint Organizations Data Initiative (JODI), Saudi Arabia's crude oil inventory declined by 12.678 million barrels in April, falling to 139.967 million barrels.

According to JODI (Joint Oil Data Initiative), Saudi Arabia's direct crude oil burning increased by 210,000 barrels per day in April, reaching 540,000 barrels per day.

According to the Joint Organizations Data Initiative (JODI), Saudi Arabia's demand for oil products increased by 434,000 barrels per day in April, reaching 2.577 million barrels per day.

According to JODI (Joint Organizations Data Initiative), Saudi Arabia's crude oil exports declined by 984,000 barrels per day month-over-month in April, falling to 3.99 million barrels per day.

The Kremlin confirmed it has held contacts with Serbia regarding the NIS (Naftna Industrija Srbije) oil company, though it declined to disclose specific details of the discussions.

According to JPMorgan Chase, oil price decline threatens European stock market profit growth in the second half of 2026, as the bank's head of European equity strategy Natalia Lipitskaya stated on June 22. If oil prices remain at current levels or decline further, the energy sector's profit