Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, Shanghai Gold main contract closed up 0.60% at 952 yuan/gram, Shanghai Silver main contract rose 0.57% to 15,841 yuan/kilogram, and SC crude oil main contract climbed 2.60% to 569 yuan/barrel as of 2:30 AM close on

According to an official Indian government order, India will reduce its diesel export tax from 25.5 rupees per liter to 24 rupees per liter, effective August 15, 2026.

According to Indian government order, India will reduce the windfall tax on aviation turbine fuel exports from 22 rupees per liter to 19.5 rupees per liter, effective August 15.

According to an official Indian government order, India will reduce its petrol export windfall tax from 3.5 rupees per liter to zero, effective August 15, 2026.

According to the Intercontinental Exchange (ICE), gasoline speculators' net long positions increased by 2,358 contracts to 90,715 contracts for the week ended August 11.

According to the Intercontinental Exchange (ICE), Brent crude oil speculators' net long positions increased by 76,026 contracts to 240,748 contracts in the week ending August 11.

According to Baker Hughes, U.S. energy companies added drilling rigs for the second time in three weeks. The data reflects renewed activity in the oil and gas sector amid market dynamics.

U.S. total active oil rigs rose to 593 in the week of Aug 14, up from 588 in the prior week, according to energy industry data.

U.S. oil drilling rigs increased to 455 in the week of August 14, up from 454 rigs in the prior week.

The number of U.S. natural gas drilling rigs rose to 128 in the week ending August 14, from 124 rigs the previous week, according to energy sector data.

As of the week ending August 14, the total number of U.S. oil drilling rigs increased to 455 from 454 in the previous week, marking a weekly gain of one rig.

Iraq's Oil Minister Basem Mohammed Khudair announced on August 14 (local time) that the country's daily crude oil exports reached 2 million barrels in early August, bringing total exports to approximately 26 million barrels for the month. This marks the highest daily export volume since US and

According to Iraq's Oil Minister Bassem Mohamed Kudair on August 14 (local time), Iraq's daily average crude oil exports reached 2 million barrels in early August, marking the highest level since the Iran war erupted on February 28. Total exports for the month reached approximately 26 million barrel

The U.S. oil drilling rig count for the week ending August 14 will be released in approximately 10 minutes.

On August 14, 2026, from 15:15 to 15:30 UTC, BTC rebounded 0.23% in the short term, recovering some of its losses to around 62,852.3 USDT, with an intraday amplitude of 0.26%. Earlier, BTC briefly fell below the round-number level of $63,000, with its 24-hour decline reaching 1.12% and touching a low of $62,538, indicating an overall high-level pullback. The main drivers of this move were the convergence of rising geopolitical risks and increasingly hawkish expectations for the Fed. The U.S.-Ira

According to Semafor, Phillips 66 and Marathon Petroleum's merger negotiations broke down recently.

According to Smart Finance, Jinchuan International (02362) released its H1 2026 results on August 14, with revenue reaching $460 million, up 152.35% year-over-year. The group's net profit attributable to shareholders surged to $47.816 million, representing a 766.07% increase compared to the same

China's commodity futures market saw gains in the overnight closing session on August 14, with seven key contracts rising over 2%: synthetic rubber, paraxylene, ethylene glycol, PTA, low-sulfur fuel oil, benzene, and styrene. Coke, PET bottle resin, and soybean futures gained over 1% each.

According to South Korea's customs data released in August, the country imported 12.2 million barrels of crude oil in July, up from 11.3 million barrels in the same period last year.

According to Jin10 data, U.S. natural gas futures rose on Friday, August 14, gaining 3.4 cents as weather forecasts predict high temperatures in coming weeks, particularly across the South, driving increased air conditioning usage and gas-fired power generation demand. Flows to liquefied natural gas