Commodities (Crude Oil & Copper) & Macro Outlook

According to Financial News, on August 7, the U.S. Department of Defense announced a $3 billion investment plan to secure critical minerals and battery supply chains. The Defense Strategic Capital division approved a conditional $400 million loan to Australia-based Sunrise Energy Metals and

Super El Niño is disrupting global agricultural commodity markets as abnormal climate patterns damage crop-growing regions for coffee, cocoa, and sugar. The US Climate Prediction Center CPC/IRI forecasts over 90% probability of El Niño continuing

According to the U.S. Climate Prediction Center, as of August 14, Super El Niño is expected to persist through May 2027, with over 90% probability, driving up prices for key commodities. Cocoa futures on London's ICE exchange have risen over 30% in the past three months, while coffee and sugar price

Swiss online banking group Swissquote reported that its crypto income plummeted 66.2% year-over-year to nearly $18 million in the first half of 2026, driving a $6.5 million valuation loss on its proprietary crypto exchange SQX and dragging shares down 12%. The crypto slump, attributed to weak

According to President Zelenskyy, Ukrainian forces struck a Russian military air base located in Nizhny Novgorod and a Russian oil facility in Ust-Luga today (August 15). The operations targeted key Russian military and energy

According to BlockBeats on August 15, the Hormuz Strait, which normally carries about one-fifth of global oil supply, saw a dramatic drop in tanker traffic as Iran-U.S. tensions escalated. Ship tracking firm Kpler reported only two vessels passed through on Friday with no crude oil transport

According to Jin10, citing Canadian sources from August 14, U.S.-Canada trade negotiations have reached a stalemate over core interests as the deadline for new American tariffs approaches. Senior trade officials from both nations conducted intensive talks in Washington but remain far apart, with

According to its SEC filing, Cboe BZX Exchange submitted a rule change application on August 15 to launch the U.S. market's first 3x leveraged Bitcoin and Ethereum ETFs, along with 3x leveraged products for gold, silver, crude oil, and natural gas. The ETFs will operate as commodity pools under

According to Oxford Economics on August 15, a new report reveals that global trade depends heavily on 27 critical maritime chokepoints, with disruptions at any single node potentially affecting energy, commodity shipments, and the broader economy. The ongoing U.S.-Iran conflict over nearly six

The US Trump administration announced a $3 billion investment in critical minerals and battery projects on the 7th, classifying these sectors as strategic assets. The US Department of Defense's Office of Strategic Capital also announced a $400 million conditional loan agreement to Australian

According to Shinhan Investment Securities, the Trump administration announced last week a $3 billion investment in critical minerals and battery projects. The initiative aims to secure a China-independent supply chain for minerals while capitalizing on renewable energy momentum through battery

According to Abu Dhabi National Oil Company, one of its vessels was attacked while transiting the Strait of Hormuz on Friday night. The company said no personnel were injured and the situation remains under

According to Guru Club citing India's government announcement, India cut export duties on diesel, aviation fuel and petrol for the second half of August on August 15. Diesel excise tax was reduced to 24 rupees per liter from 25.5 rupees, while aviation turbine fuel export duty fell to 19.5 rupees pe

According to Jin10, President Trump urged Americans to accept higher gas prices on August 14 afternoon at a rally in Garden City, New York, describing it as the cost of preventing Iran from obtaining nuclear weapons. Trump also stated that after the U.S. defeats Iran, he would soon announce the

According to UAE News Agency, an Abu Dhabi National Oil Company (ADNOC) vessel was attacked while transiting the Strait of Hormuz on the night of August 14. No casualties were reported in the incident.

According to Guru Club, WTI crude oil futures broke above $81 on August 15, rising more than 1.5% during the intraday session.

According to the U.S. Energy Information Administration (EIA), crude oil production is forecasted to average 13.83 million barrels per day in August, up slightly from 13.82 million bpd in July, before declining to 13.77 million bpd in September. U.S. natural gas output is expected to average 122.6 b

According to Guru Club, Petrobras discovered oil and gas indications in an exploration well in the FZA-M-59 block of the Amazon Mouth Basin on August 15.

Shinhan Investment & Securities analysts Kim Chan-hee and Ko Da-young issued a report on the 15th stating that the practical benefit of executing stop-loss orders or building additional short positions in Korean government bonds at current levels is limited. The analysts cited relative price

According to ChainCatcher, Cboe BZX Exchange filed proposed rule changes on Friday seeking SEC approval to launch six leveraged commodity ETFs, including 3x Bitcoin ETF and 3x Ether ETF. The product suite also includes 3x Gold, Silver, Crude Oil, and Natural Gas ETFs. These funds will primarily