Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, WTI crude oil fell over 3% to $89.02 per barrel, and Brent crude declined 2.2% to $99.2 per barrel on October 2, amid reports of potential European inventory releases.

According to Reuters citing sources familiar with the matter, Group of Seven leaders may discuss steps regarding diesel stockpile releases this Friday afternoon. Any agreement on stockpile releases is expected to include a U.S. commitment to avoid unilateral diesel export

Kim Young-hwan, a Democratic Party lawmaker, on October 2 questioned the Bank of Korea's case for additional rate hikes. Kim cited National Assembly Budget Office analysis showing oil prices and exchange rates drove recent inflation more than demand factors. The lawmaker argued that given two

According to Jin10 data, Brent crude oil broke below $100 per barrel on October 2, down 1.48% intraday.

According to Jin10, WTI crude oil fell 2% intraday on October 2, trading at $90.05 per barrel. Brent crude declined 1.2% to $100.18 per barrel.

According to Jin10, ECB Governing Council member Rehn said on Friday (October 2) that energy prices are approaching the ECB's adverse scenario, with eurozone inflation reaching twice the central bank's target. Rehn noted that surging long-term borrowing costs have limited broader transmission of inf

Italian energy company Eni announced on October 2 that it will offer a 20% discount on diesel and gasoline for agricultural and fishing customers from today through October, with the possibility of extending the promotion through year-end.

WTI crude oil fell intraday on October 2, with spot prices trading at $90.98 per barrel, down 1.00% for the day. WTI crude futures touched $92 per barrel, declining 0.95% intraday.

According to Jin10, on October 2, diesel prices across 12 European Union countries reached record highs amid escalating pressure from the United States to release emergency fuel reserves. The U.S. Department of Energy expressed high confidence that European nations would tap strategic diesel

According to Yonhap News, on October 2, South Korean refiners surged as crude oil prices jumped following China's halt of petroleum product exports. SK Innovation rose 10.17%, S-Oil gained 11.36%, and GS climbed 3.13%. Brent crude for December delivery closed up 4.37% at $102.31 per barrel, while

According to Zhejiang Maritime Bureau, China National Offshore Oil Corporation's LNG supply vessel Ocean Oil 302 successfully bunkered 3,990 cubic meters of LNG to CMA CGM PALMYRE, a container ship operated by French shipping company CMA CGM, from October 1 at 3 p.m. to October 2 at 7:30 a.m. at

From 05:00 to 06:00 (UTC) on October 2, 2026, BTC edged lower over a 15-minute period, with a Return % of -0.09%, a price range of 86,495.5–86,660.5 USDT, and an amplitude of 0.19%. Despite the short-term pullback, the daily candlestick still closed up 1.34%, with a 24-hour rise of approximately 2.03%. Market attention was relatively high, but volatility remained limited. The main drivers of this move were a combination of macro policy expectations and geopolitical safe-haven sentiment. Goldman

According to CME data released by Jin10 Futures on October 2, energy and precious metals futures showed divergent trends on October 1. WTI crude oil volume increased by 146,792 contracts to 993,544, with open interest rising 123 contracts to 1,883,026. Brent crude oil volume jumped 24,680 contracts

Korean and US stocks showed downside resilience on the 2nd despite high interest rates, elevated oil prices, and persistent inflation, according to securities industry analysis. The markets' support stems from semiconductor sector earnings improvements, US economic growth absorbing rate pressure, an

According to Financial News on October 2, South Korean and U.S. stock markets held firm despite facing high interest rates, elevated oil prices, and persistent inflation. U.S. nominal GDP growth of 8.5% significantly outpaced the federal funds rate of 4.0%, enabling businesses to absorb higher

Brent crude oil fell below $101 per barrel intraday on October 2, declining 0.45% during the trading session.

From 04:15 to 04:30 (UTC) on October 2, 2026, BTC surged rapidly over 15 minutes, posting a Return % of +1.54%, with prices ranging from 85,466.9 to 86,800.4 USDT and an Ampl of 1.56%. Market volatility intensified, while investor risk appetite recovered significantly. The primary driver of this move was a major breakthrough in U.S.-Iran ceasefire negotiations. Iranian officials confirmed that they had received an official response to the latest U.S. peace proposal. Although Trump publicly rejec

According to Axios on October 1, the U.S. deployed one Patriot air defense system to Saudi Arabia in September to protect a critical oil production facility, and another to Qatar to safeguard a natural gas facility. The report cited U.S. officials and regional sources. The deployments aim to

According to officials, Vietnam's largest refinery will shut down for approximately 50 days starting in August 2027 for scheduled maintenance.

On October 1, South Korea confirmed a $200 billion investment program in the United States following the conclusion of a 14-month negotiation that began with tariff talks in July 2025. The deal includes projects such as Texas LNG facilities, eight nuclear reactors, and Alaska LNG operations.