Commodities (Crude Oil & Copper) & Macro Outlook

According to the CFTC, as of the week of August 11, speculators' net short positions in CBOT 2-year Treasury futures increased by 16,815 contracts to 1,021,043 contracts. Speculators' net short positions in CBOT 10-year Treasury futures decreased by 64,190 contracts to 915,053 contracts.

According to CFTC data for the week ending August 11, COMEX gold speculators' net long positions increased by 9,470 contracts to 141,868 contracts. Silver net long positions decreased by 755 contracts to 10,312 contracts, while copper net long positions rose by 3,085 contracts to 80,880 contracts.

Kolibri Global Energy Inc. announced its second quarter 2026 financial results, reporting record quarterly revenue of $22.5 million. The company reported net income of $8.5 million and basic earnings per share of $0.24 for the second quarter of 2026. The revenue increase of 109% compared to the seco

According to the company, Kolibri Global Energy Inc. announced record quarterly results for Q2 2026 ended June 30. Revenue, net of royalties, reached $22.5 million, a 109% increase from $10.8 million in Q2 2025. Net income surged to $8.5 million with earnings per share of $0.24, compared to $2.9 mil

On August 14, crude oil futures prices climbed as trading closed. September-delivery light sweet crude (WTI) on the New York Mercantile Exchange rose $1.15 to $82.40 per barrel, gaining 1.42%. October-delivery Brent crude on ICE rose $1.45 to $88.52 per barrel,

Cboe BZX Exchange filed a proposal on Friday seeking U.S. Securities and Exchange Commission approval to list six leveraged commodity exchange-traded funds. The proposed suite includes 3x daily bitcoin and ether products alongside 3x Gold, Silver, Crude Oil, and Natural Gas ETFs. All funds aim to de

According to The Block, Cboe BZX Exchange filed a rule change proposal with the SEC on Friday seeking approval to list six leveraged commodity ETFs, including 3x daily Bitcoin and Ether products. The funds will also cover 3x Gold, Silver, Crude Oil, and Natural Gas, with each designed to deliver

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