Commodities (Crude Oil & Copper) & Macro Outlook

According to Bank of England Governor Bailey, energy price increases over the past four months have created inflation pressures. Bailey stated that the central bank's responsibility is to ensure this temporary pressure does not evolve into sustained inflation.

According to Bloomberg, Iran has announced arrangements for vessel transit through the Strait of Hormuz with no fees charged for the next 60 days.

Bank of England Governor Andrew Bailey recently stated that pressures from the Iran conflict remain ongoing despite ceasefire developments, underscoring continued geopolitical risks affecting global markets.

According to media reports citing maritime tracking data, a French-flagged LNG tanker transited the Strait of Hormuz on June 18, becoming the first LNG vessel to pass through the waterway since Iran's conflict

According to Jin10 data and international vessel tracking platforms, three Saudi-flagged tankers carrying a combined 6 million barrels of crude oil passed through the Strait of Hormuz on June 18.

Shanghai Energy Exchange will launch market orders starting July 6, 2026, during the evening continuous trading session of July 3. The new order type will be available for all listed futures and options

According to the American Automobile Association (AAA), U.S. regular unleaded gasoline prices fell below $4 per gallon on Thursday (June 18) for the first time since March, reaching an average of $3.999. The decline follows a temporary agreement between the United States and Iran aimed at ending the

According to Reuters, International Energy Agency chief Fatih Birol called on June 18 for the Strait of Hormuz to be reopened "without conditions," with related negotiations to be completed within 60 days. Birol made the remarks in Istanbul, citing energy supply risks posed by the strait's closure a

According to Jiangxi's Department of Natural Resources, Yichun Times New Energy Mining Co., a subsidiary of CATL, reacquired the Land Use Pre-review and Site Selection Opinion for the Xiafwo lithium mine on

According to Bloomberg citing Signal Group data, about 31 supertankers carrying roughly 62 million barrels of crude oil are currently trapped in the Persian Gulf and set to be released into Asian markets. The sudden influx may create a supply glut in a region that had successfully addressed supply g

According to China Futures Exchange, the exchange will officially introduce overseas traders to participate in lithium carbonate futures and options trading starting July 3 at 9 a.m. Beijing time, marking a key step in the internationalization of the

According to ECB Governing Council member Martin Kocher, eurozone consumer prices will remain elevated for some time despite the U.S.-Iran temporary peace agreement taking effect today (June 18). Middle East tensions have exposed energy price vulnerabilities; while the newly reached accord may

According to Reuters, three Saudi-flagged supertankers carrying approximately 6 million barrels of crude oil transited through the Strait of Hormuz on Thursday (June 19), shipping data shows.

CME Group is preparing to take legal action against the US Commodity Futures Trading Commission (CFTC) over perpetual futures contracts. The exchange operator plans to file the lawsuit on Thursday. The dispute follows the CFTC's decision last month to approve bitcoin perpetual contracts as futures p

CME Group, the world's largest futures exchange operator, is preparing to file a lawsuit against the US Commodity Futures Trading Commission (CFTC) on Thursday over the regulator's recent approval of perpetual futures contracts. CME argues that perpetual futures should be classified as swaps under t

According to NEWSIS, South Korea's government extended the freeze on fuel prices for an additional month as of June 18. The price ceiling measure, originally implemented to stabilize energy costs, will remain in effect through

According to Singapore's Economic Development Board (EDB), distillate oil inventories rose 1.332 million barrels to 8.236 million barrels for the week ending June 17, marking a 3-week high.

According to Singapore's Economic Development Board, light distillate oil inventories fell 633,000 barrels to 12.031 million barrels in the week ended June 17, reaching a two-week low.

Hyperliquid, a decentralized exchange for perpetual futures, faces ongoing regulatory debate as of the 18th. The platform recorded approximately $93 billion (142 trillion won) in 24-hour trading volume, representing 36% market share among perpetual futures DEXs. The regulatory scrutiny stems from Hy

On June 18, Chinese Foreign Ministry spokesman Lin Jian stated that China's stance on maintaining stability in global supply chains for critical minerals has not changed, responding to G7's commitment to reduce dependence on Chinese rare earths and critical minerals. Lin noted that all parties