Commodities (Crude Oil & Copper) & Macro Outlook

According to Bloomberg, the EU is coordinating with member states to form a unified stance on a U.S. request to release emergency diesel reserves, aimed at easing price pressures and preventing export restrictions. The EU Oil Coordination Group asked member states on Wednesday evening to confirm

According to IEA chief Fatih Birol on October 1, global diesel markets are under severe strain with prices hitting record highs in Europe and the United States. Rising diesel costs are expected to push agricultural inflation higher in the coming months, while liquefied petroleum gas prices are

US Commerce Secretary Howard Lutnick announced nuclear reactor construction sites in four states on September 30 (local time). The reactors will be built in Ohio, Tennessee, South Carolina, and Kentucky as part of Project Power, an initiative involving up to $120 billion in investment to construct e

According to S&P Global Market Intelligence PMI data, UK manufacturing input costs rose at their largest pace since June in September, marking the first increase in cost pressures in four months. Output growth slowed to its lowest level since March, while commercial price increases also

According to U.S. Commerce Secretary Howard Lutnick, on September 30, South Korea and the United States announced three major energy projects under their strategic investment framework. Project Star will invest $22.3 billion in a 6,472-megawatt natural gas power complex in Texas, with operations

California gasoline prices are approaching historical highs, with statewide average regular gasoline at $6.37–$6.38 per gallon on October 1, 2026. Governor Gavin Newsom issued an executive order to suspend summer gasoline restrictions and allow the earlier release of lower-cost winter gasoline

According to Singapore's Economic Development Board, fuel oil inventories fell 1.052 million barrels during the week ending Sept 30, dropping to 18.726 million barrels, marking a 6-week low.

According to Reuters sources, the United States demanded the European Union release 120 million barrels of diesel within the next six months. The U.S. has informed France and Germany that failure to release emergency diesel reserves could result in American diesel export

France, Germany, and the eurozone will release September manufacturing PMI final readings in approximately 10 minutes. Bank of England Governor Andrew Bailey is scheduled to speak in about 20 minutes. Singapore's fuel oil inventory through September 30 and the London Metal Exchange copper,

According to Guru Club, international crude oil prices surged on October 1, with WTI crude oil futures rising 0.96% to $91.291 per barrel and Brent crude futures climbing 1.06% to $99.071 per barrel.

According to Guru Club, on October 1, Brent crude oil futures touched $100 per barrel for the first time, trading at $100.118 with a daily gain of 2.13%. WTI crude oil futures rose 2% to $92.261 per barrel. In equities, Europe's STOXX 600 index declined 1.1% to its lowest level since

According to Gate data, Brent crude oil (XBRUSD) breaks through $104 per barrel, now trading at $104.00, up 4.1% in 24 hours.

According to Jin10, WTI and Brent crude oils surged over 2% intraday on October 1, trading at $91.2 and $99.4 per barrel respectively. Meanwhile, spot gold declined sharply, dropping nearly $20 to $4,155.83 per

According to remarks from U.S. President Trump on Wednesday (Sept. 30), the White House has shifted its stance on banning diesel exports, citing concerns that such restrictions could inadvertently drive up gasoline prices. Energy Secretary Chris Wright and Interior Secretary Doug Burgum have

Brent crude oil rose to $98 per barrel today, gaining 0.53% during intraday trading.

According to Ukraine's Ministry of Agriculture, grain exports fell to 1.49 million tons in September 2026, down from 2.35 million tons in September 2025, representing a 36.6% year-over-year decline.

WTI crude oil and Brent crude oil both climbed nearly $1 in intraday trading, reaching $89.33 per barrel and $97.59 per barrel respectively.

According to a document, Petronas, Malaysia's national oil company, set the official selling price for Malaysian crude oil in September at $127.07 per barrel.

According to CME data, precious metals and energy futures on September 30 displayed divergent trading and open interest patterns. Gold and silver saw increased trading volume but declining open interest, while copper trading rose alongside falling positions. WTI and Brent crude oil experienced

According to Mark Zandi, Chief Economist at Moody's Analytics, on September 30, the primary driver of rising U.S. 10-year Treasury yields is the Iran conflict and the resulting surge in oil prices. Zandi noted that oil prices had risen from approximately $60 per barrel in late February—just before t