Commodities (Crude Oil & Copper) & Macro Outlook

US President Donald Trump announced on the 30th (local time) specific investment projects under South Korea's $350 billion strategic investment package, including a Texas gas power plant, eight large nuclear reactors, and Alaska LNG development. The announcement at the White House with Commerce

POSCO International is acquiring Pennsylvania shale gas assets for $550 million, with completion expected in mid-November. On the 30th, shares of POSCO International and LX International surged 4.60% and 7.18% respectively, driven by expectations that major Korean trading companies will post

According to Korea Economic Daily, POSCO International acquired 100% stake in U.S. shale gas production assets in Pennsylvania's Marcellus Basin for $550 million on September 30, with the transaction expected to close in mid-November. The company expects the acquisition to generate operating

President Donald Trump announced on September 30 the details of South Korea's $350 billion strategic investment in the United States, including gas-fired power plant construction in Texas, eight large-scale nuclear reactors, and Alaska liquefied natural gas (LNG) development projects. According to t

According to Korea Economic Daily, on September 30, Posco International acquired a shale gas production asset in Pennsylvania's Marcellus Basin for $550 million, with the deal expected to close by mid-November. The company will hold 100% equity through a special purpose vehicle, marking its third ga

According to Bloomberg, global government bonds recorded their worst quarterly performance since Q4 2024 as of end of Q3 2026, with U.S. 30-year Treasury yields surging to 5.64%, marking the highest level since 2002. Oil prices near $100 per barrel have intensified concerns about persistent

US President Donald Trump announced South Korea's $200 billion investment plan in American energy projects, featuring eight nuclear power plants, a Texas gas combined-cycle plant, and the Alaska LNG pipeline project. The announcement highlighted the $54 billion Alaska LNG development as a

According to Yonhapinfomax, on September 30, President Trump said "very soon" something related to Iran will happen, comparing casualty figures from the conflict at a White House Hispanic Heritage Month event. Trump stated he expects the U.S. to "very quickly" achieve victory in the ongoing conflict

On September 30, real estate ETFs and emerging market ETFs led losses, falling 0.99% and 0.91% respectively, followed by Dow Jones ETF down 0.84%. Brent oil fund rose 2.28%, outpacing other assets. Year-to-date, the Brent oil fund has gained 112.18%, followed by soybean fund and emerging market ETF

On Wednesday, September 30, Real Estate ETF fell 0.99% and Emerging Markets ETF dropped 0.91%, leading U.S. asset class declines. Brent Oil ETF rallied 2.28%, while Nasdaq-100 ETF gained 0.25%. Year-to-date through September, Brent Oil Fund surged 112.18%, followed by Soybean Fund, Emerging Markets

US 10-year Treasury yields hit 5.304% intraday on the 30th (local time), the highest since May 2002 and above the 2007 peak of 5.303%, per TradeWeb data cited by the Wall Street Journal. The Commerce Department revised second-quarter GDP growth to 2.2% from 1.5%, while core PCE inflation

According to Bloomberg data, CBOT corn futures fell 3.98% to $5.0125 per bushel on Sept 30, with the Bloomberg Grains Index declining 2.14% to 33.0376 points as the U.S. Department of Agriculture released its crop inventory report. Despite the session decline, corn futures rose 13.53% for the

According to Jin10, citing Syria's official media (SANA), a natural gas pipeline in eastern Syria was damaged by sabotage on September 29, disrupting gas supplies to power plants. The pipeline segment between Al-Shoula and Deir ez-Zor caught fire after section valves were destroyed, blocking gas

According to the White House, South Korea will invest in the United States energy sector. The announcement was made today, September 30, 2026.

According to NYMEX data, on September 30, WTI November crude oil futures closed at $90.42 per barrel. NYMEX November natural gas futures settled at $3.0260 per million British thermal units. NYMEX October gasoline futures closed at $3.4378 per

According to President Trump, oil flows through the Strait of Hormuz reached a historic high over the past three days.

Starting October 1, India will reduce its diesel export tax from 20 rupees per liter to 16 rupees per liter. The aviation turbine fuel (ATF) export tax will be cut from 15 rupees per liter to 10.5 rupees per liter.

The Department of Energy announced a 40-million-barrel Strategic Petroleum Reserve offer on Tuesday as part of a broader International Energy Agency response to supply disruptions caused by the Iran conflict. The SPR held 283.8 million barrels last week, its lowest level since October 1982. The

The U.S. Department of Energy announced Tuesday the release of 40 million barrels from the Strategic Petroleum Reserve as part of an International Energy Agency coordinated response to supply disruptions caused by the Iran conflict. The SPR held 283.8 million barrels, its lowest level since

Serbia's natural gas company chief Dusan Bajatovic said on September 30 that the country extended its natural gas supply agreement with Russia for an additional three months through year-end 2026. Serbia will continue to receive natural gas from Russia under previously negotiated favorable