Commodities (Crude Oil & Copper) & Macro Outlook

According to U.S. President Donald Trump, on October 27, Trump is heading to Corpus Christi, Texas, for a campaign rally, where he announced that the U.S. will acquire 1 million barrels of Venezuelan oil through military operations. Trump also pledged that the nations will reach the largest oil

U.S. stock markets closed predominantly lower on Thursday, October 23, 2026, as artificial intelligence trade plummeted and market participants grew deeply concerned about the sustainability of gigantic spending on AI data centers, alongside higher crude oil prices that significantly dented

According to data reported by Wallstreet News, China's industrial enterprises with scale above the prescribed size posted a 14.4% year-over-year profit growth in September, marking the strongest performance

Nine South Korean financial institutions surveyed by Yonhap Infomax forecast October exports to reach $111.774 billion, an 87.82% year-over-year increase driven by semiconductor and information technology sector strength. The survey conducted on the 28th showed all nine institutions predicting expor

According to a Yonhapinfomax survey of nine financial institutions on October 28, South Korea's October exports are forecast to reach $111.77 billion, up 87.82% year-over-year. Semiconductor exports are expected to lead growth, with preliminary data from October 1-20 showing semiconductor

Oil prices fell for a second consecutive trading day on October 27 as traders monitored Israel's general election results and ongoing diplomatic developments across the Middle East. US West Texas Intermediate traded near $100 a barrel, having dropped more than 3% over the past two trading days,

US stock markets rose for a second consecutive trading day on October 27 (local time), driven by revived investor sentiment in artificial intelligence stocks following Meta Platforms' successful stock offering and declining oil prices. Meta's $25 billion stock offering attracted over five times

According to Matthew Sigel, VanEck analyst, VanEck has launched Wealth Builder ETF, an all-in-one investment product that includes Bitcoin, stocks, bonds, and gold. The ETF allows investors to gain exposure to multiple asset classes through a single fund, simplifying portfolio

According to Guru Club, WTI crude futures touched $100 per barrel on October 28, gaining 0.11% during the trading session.

According to Guru Club, WTI crude oil fell below $100 per barrel on October 28, down approximately 1.8%. Brent crude closed below $114 per barrel, while the average U.S. gasoline price declined to $4.266 per

According to Jin10 data, on October 28, Saudi Arabia's air defense reported airstrikes on military facilities south of Riyadh and alert sirens in multiple eastern regions. According to Saudi media Al-Hadath, Houthi forces fired a ballistic missile from south of Sana'a. Separately, Houthi forces

According to Villa Vie Residences, the company's 650-passenger cruise ship Odyssey halted operations on Tuesday due to "unprecedented" fuel costs, leaving passengers stranded in Sihanoukville, Cambodia. The luxury vessel is currently docked at the port as the company coordinates passenger

According to Financial Times citing sources familiar with the matter, the U.S. and Russia yesterday discussed American energy companies returning to Russian energy markets as economic incentive to advance Russia-Ukraine peace negotiations. Proposed plans include resuming Sakhalin Island oil and

International oil prices declined for a second consecutive trading session on October 27 (US Eastern Time), with West Texas Intermediate (WTI) December futures falling $1.86 (1.83%) to $99.90 per barrel and Brent December futures dropping $1.93 (1.67%) to $113.88. The decline followed public

On Tuesday, Oct 27, spot gold rose 1.09% to close at $4,060.55 per ounce, while spot silver gained 0.84% to $54.4211 per ounce. COMEX copper futures advanced 1.76% to $6.6577 per pound, trading higher throughout the

On Tuesday, Oct 27, spot gold rose 1.09% to $4,060.55 per ounce, while spot silver gained 0.84% to $54.4211 per ounce. COMEX copper futures climbed 1.76% to $6.6577 per pound, maintaining upward momentum throughout the session. Gold traded in a narrow range during Asia-Pacific hours before

According to the American Petroleum Institute (API), U.S. crude oil inventories fell by 2.03 million barrels last week, compared to a decline of 4.93 million barrels the prior week. Gasoline inventories rose 2.39 million barrels while distillate inventories increased 426,000 barrels.

According to EIA data, U.S. finished product imports fell to -37.9 million barrels per day in the week to October 23, from 32.9 million barrels per day in the previous week. The shift to negative imports reflects net exports exceeding inbound

According to the American Petroleum Institute (API), U.S. crude oil production in the week ending October 23 increased to 47,000 barrels per day, compared to a decline of 408,000 barrels per day in the previous week.

According to the American Petroleum Institute (API), U.S. heating oil inventories increased by 380,000 barrels for the week ending October 23, compared with a decline of 169,000 barrels the previous week.