Commodities (Crude Oil & Copper) & Macro Outlook

According to ICE data, UK near-term natural gas prices declined 5.18% to 173.75 pence per therm as of September 29.

Brent crude oil declined 1.0% intraday on September 29, trading at $96.85 per barrel.

Italian Energy Minister announced plans to hold talks with U.S. Energy Secretary Wright on Tuesday evening to raise concerns about potential issues related to American diesel export restrictions. The discussion will focus on the implications of the U.S. export

According to Jin10 Futures, cotton futures main contract (2701) fell over 2% intraday on September 29. New cotton production in Xinjiang has entered peak harvesting phase, with new crop listings gradually materializing and earlier reduced-supply expectations cooling. Downstream demand weakened

On September 29, 2026, Beijing time, international crude oil prices remained volatile at high levels. Data from Gate 行情 show that, as of press time, WTI 原油 (CL/USDT) was trading at $92.33, down 3.59% over 24 hours, with an intraday range of $91.14 to $96.41 and 24-hour trading volume of approximately $77.63 million; 布伦特原油（BZ/USDT） was trading at $97.41, down 3.23%, with a price range of $96.20 to $101.14; natural gas (NG/USDT) was trading at $3.080, down 1.50%.{curre

According to AP estimates, the Trump administration's import ban on select Canadian products officially took effect on Sept. 29. The measures cover Canadian alcoholic beverages, dairy products, and motorcycles, affecting approximately $1 billion in annual trade based on 2025 figures, with alcohol

According to Trump's statements on Sept 29, Mesabi Metallics will invest $15 billion to build what Trump called America's largest steelworks facility in Iowa. The project marks a major domestic manufacturing initiative, reported by Jin10 News. The Trump administration also finalized measures to

According to Gate data, Brent crude oil (XBRUSD) declined to $101.89 per barrel, down 3.4% in the past 24 hours.

According to Nikkei news, Mitsubishi Corporation and its partner Shell plan to double the annual liquefied natural gas production capacity of their Canadian LNG project from 14 million tons to 28 million tons, with new facilities expected to begin commercial operations in the early 2030s. Mitsubishi

According to Jin10, Texas Governor Greg Abbott declared a statewide disaster on September 29, authorizing expanded use of dyed diesel on state roads. The proclamation also raised weight limits for fuel, agricultural, and timber transport operations. Abbott requested that the Environmental

According to Jin10 Futures' August 2026 survey released on September 29, futures market sentiment shows notable divergence across sectors. Agricultural and metals sectors saw increased bullish expectations, while energy and steel sectors faced weaker sentiment. The survey noted agricultural

According to Guru Club, oil prices declined on September 29 after rallying over 2% earlier in the session. WTI crude futures fell 0.09% to $92.518 per barrel, while Brent crude dropped 0.17% to $97.668 per barrel.

According to LSEG analyst Saku Jusslia, on Tuesday morning (September 29), Dutch and UK natural gas prices fell due to weak demand and moderate weather conditions. Saku Jusslia stated, "The fundamentals in the northwest European natural gas market are bearish." Heating and power generation demand

According to Shanghai International Energy Exchange announcement, one group of accounts exceeded intraday open position limits on September 29, violating the exchange's rules on abnormal trading behavior. The account group's trading activity triggered the exchange's handling standards. In

WTI and Brent crude oil prices both declined 1% during intraday trading on September 29, with WTI settling at $91.08 per barrel and Brent crude at $97.35 per barrel.

Italy's August producer price index (PPI) climbed to 13.5% year-on-year, compared with 9.3% in the prior month, marking a 4.2 percentage point increase.

From 08:30 to 08:45 on September 29, 2026 (UTC), BTC/USDT fell from 84165.2 USDT to 83838.8 USDT, declining 0.37% over 15 minutes, with an amplitude of 0.39%. The price ranged from 83838.8 to 84165.2 USDT, showing an overall narrow-range consolidation pattern, with extremely low trading volume of approximately 130.11 BTC and limited market participation. The primary driver of this move remains unclear. Attribution data from the Tavily search explicitly indicates that the sources cannot provide a

According to ECB policymaker Kazmir, on Tuesday, September 29, the European Central Bank has time to maintain policy flexibility as energy prices remain a key factor in determining future policy actions. Kazmir noted that the ECB's rate hike earlier this month was inevitable given energy price

Crude oil exports through the Strait of Hormuz recovered to approximately 12.8 million barrels per day in September, according to Kpler data reported by Reuters. The rebound follows severe disruptions earlier in the conflict involving the US, Israel, and Iran, which began in February. Saudi Arabia d

According to Kpler data, crude exports through the Strait of Hormuz recovered to approximately 12.8 million barrels per day in September, though still below pre-conflict levels. Middle Eastern regional shipments reached around 16.3 million barrels per day this month, compared with roughly 19.5 milli