Commodities (Crude Oil & Copper) & Macro Outlook

According to Commerzbank, Europe's natural gas prices are expected to reach 45 euros per megawatt-hour by year-end 2026, down from the bank's previous forecast of 50 EUR/MWh.

According to trade sources, the Abu Dhabi National Oil Company (ADNOC) has launched its fourth crude oil tender for shipments scheduled between June and August. The tender covers crude oil supplies for the three-month

According to Bloomberg, 40 very large crude carriers (VLCCs) carrying approximately 80 million barrels of non-sanctioned crude oil from Persian Gulf producers (excluding Iran) are currently anchored in the Persian Gulf, awaiting instructions from traders and vessel operators to transit the Strait of

According to BlockBeats, on June 19, the U.S. Federal Energy Regulatory Commission (FERC) ordered the six major grid operators to expedite interconnection applications from data centers and other large power users. Grid operators must demonstrate that data centers can connect to the transmission

CATL subsidiary Yichun Times New Energy Mining received land use pre-approval from Jiangxi Natural Resources Department on June 18 for the Jianxiawo lithium mine project, with the license effective June 17, 2026 and valid until June 17, 2029. The approval follows the mine's shutdown on

China's Ministry of Commerce announced on June 19 that Australian beef imports under its safeguard measures reached 100% of the specified quota on June 18. Effective from 00:00 on June 20, beef imported from Australia will be subject to an additional 55%

According to Gate data, Brent crude oil recovered above $80 per barrel today, posting a 1.24% daily gain.

According to Morgan Stanley, on June 19, the bank's strategists downgraded the European energy sector rating from overweight to neutral amid declining oil prices and normalizing shipping through the Strait of Hormuz. Led by Marina Zavaclock, the research team removed six energy stocks from the bank'

According to Axios, on June 18, U.S. President Trump said his negotiations to reach a memorandum of understanding with Iran were designed to prevent conflict from triggering a global economic recession. Trump warned that continuing airstrikes on Iranian targets would close the Strait of Hormuz,

The US Commodity Futures Trading Commission (CFTC) announced on Thursday a permanent ban against Celsius Network founder Alex Mashinsky, prohibiting him from trading commodities, futures, and derivatives in the United States and from registering with the regulator. According to the court-approved co

WTI crude oil rose over 1% during intraday trading today, reaching $76.18 per barrel.

According to CME data on June 18, energy and precious metals futures posted divergent trading activity. Precious metals showed trading volume pullback but increased open interest, with gold and silver both declining in volume while copper saw deeper volume contraction. Meanwhile, WTI crude oil,

According to overseas media, the first LNG tanker sailed through the Strait of Hormuz on June 19 following the recent escalation of regional tensions. The passage signals a tentative shift in energy supply dynamics amid ongoing military operations in the Middle East. Separately, Switzerland's

According to Guru Club, WTI crude futures broke through $76 per barrel on June 19, up 0.32% intraday.

According to Jin10 Futures, on Friday (June 19), LME three-month copper fell 0.54% amid expectations of sustained higher U.S. interest rates. Nearly half of Federal Reserve policymakers now believe the U.S. requires rate hikes this year, which could dampen demand for growth-dependent industrial

According to Reuters, on June 18, CME Group filed a lawsuit against the U.S. Commodity Futures Trading Commission (CFTC) and Chair Michael Selig, challenging the agency's approval of Bitcoin perpetual futures from Kalshi and Coinbase. CME argued that these products should be classified as swap

Abu Dhabi National Oil Company announced that crude oil can be supplied through a loading plan starting from April 27.

According to Investinglive analyst Eamonn Sheridan per Jin10, U.S.-Iran nuclear talks face an early setback on June 19, with the first negotiating meeting not yet scheduled despite the 60-day countdown in the memorandum of understanding already underway. The cancellation of Vance's planned visit

According to Bank of Japan Deputy Governor Ryozo Himino, producer prices in April rose at a faster pace than expected due to rising oil prices.

Bank of Japan Deputy Governor Ryozo Himino stated that the central bank intends to provide a more comprehensive analysis of oil's impact on inflation when updating its quarterly forecasts in July.