Commodities (Crude Oil & Copper) & Macro Outlook

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

According to Jin10 Data, International Energy Agency chief Fatih Birol said on Tuesday that IEA member states may discuss whether to release additional strategic petroleum reserves to the market. Speaking ahead of an EU energy ministers meeting in Dublin, Birol stated: "We are closely monitoring the

According to a Reuters survey on September 29, Saudi Arabia is expected to raise its November Official Selling Price (OSP) for crude oil to Asian customers amid supply disruptions strengthening Middle East spot markets. Four refinery sources predicted Saudi Arabia's flagship Arab Light crude could c

According to International Energy Agency chief Fatih Birol, Europe now sources 50 percent of its diesel from the United States, reflecting shifting energy supply dynamics in the region.

According to Korea Exchange, South Korean construction stocks including Daewoo E&C and Hyundai E&C fell sharply on September 29, with declines of 7.01% and 6.10% respectively, reversing strong gains from the

Ryanair's CEO stated on September 29 that airline ticket prices will surge next year as fuel costs make low-price strategies unsustainable. The executive noted that strong air travel demand has been supported by consistently low fares, but rising oil prices will force the industry to raise ticket pr

According to Jin10, Argentina's state oil company YPF said on September 28 that its daily crude output is set to reach 1 million barrels for the first time. The company's CEO Horacio Marin announced the expansion plans, noting the firm expects to quadruple in size over coming years, with the Vaca

According to Jin10, on September 29, Dalian Commodity Exchange chemical futures warehouse receipts showed mixed movements. PVC futures fell 483 contracts to 118,159; polypropylene increased 805 contracts to 26,954; and liquefied petroleum gas dropped 789 contracts to 1,787. Polyethylene, styrene, an

According to Jin10 Futures, on September 29, fuel oil futures warehouse inventories on the Shanghai Futures Exchange decreased by 7,450 tons from the previous trading day. Most other energy and chemical commodity inventories, including pulp, coated paper, petroleum asphalt, medium sour crude oil, an

Bitcoin traded at $83,871 at 4 PM as the cryptocurrency defended the $80,000 support level amid rising US Treasury yields and oil prices. The US 10-year Treasury yield climbed to 5.25% during the session, marking the highest level since 2007, while Brent crude oil approached $107 per barrel.

According to CoinGecko, Bitcoin traded at $83,871 on Sept. 29 afternoon, defending the critical $82,000 support level amid rising macroeconomic headwinds. U.S. 10-year Treasury yields climbed to 5.25%, marking the highest level since 2007, while Brent crude oil approached $107 per barrel, fueling in

From 06:00 to 07:00 (UTC) on September 29, 2026, BTC edged up 0.54% over the hour, with prices ranging from 83,417.0 to 83,886.8 USDT and an Ampl of 0.56%. Overall, the market remained in a narrow-range consolidation pattern, with extremely low Filled Amount (130.11 BTC), limited participation, and wait-and-see sentiment. The main driver of this move was the marginal easing of geopolitical risks following the resumption of indirect US-Iran talks. The United States and Iran held indirect discussi

At midday close today, China's main futures contracts showed mixed performance. Benzene, styrene (EB), propylene, and methanol each surged over 3%, while plastic and polypropylene monthly contracts rose over 2%. Asphalt gained nearly 2%. On the downside, natural rubber 20 and SC crude fell over 3%,

Shell Canada Energy has made a final investment decision on LNG Canada Phase 2, expanding the facility's annual production capacity from 14 million to 28 million tonnes. The expansion will add two new liquefaction trains, storage capacity, and loading infrastructure. With a 40% stake, Shell will

According to CME data, on September 28, WTI crude oil and silver both showed increases in trading volume and open interest. WTI crude oil trading volume reached 1,020,143 contracts, with open interest at 1,855,198 contracts, up 38,459 and 423 contracts respectively from the previous trading day.