Commodities (Crude Oil & Copper) & Macro Outlook

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.

According to Jin10, the Chicago Mercantile Exchange (CME) metal commodity trading volume report for September 28 has been updated in the Jin10 data center.

According to Jin10 and Shanghai Shipping Exchange, container freight rates to Europe fell sharply today (Sept 28), with the Shanghai Export Container Settlement Index for European routes dropping 6.5% to 2441.81 points. Major carriers including OOCL and COSCO lowered their September rates to $3,400–

According to Iranian Foreign Minister Alagchi, Iran awaits the US response to a Strait of Hormuz proposal by Tuesday through Qatar intermediaries, with diplomatic channels remaining open. On Monday, oil prices surged more than $4 after President Trump rejected Iran's initial proposal, though the

According to market data, copper futures surged to approximately $14,500 per tonne this month, approaching record highs, as supply concerns mount. Workers at Antofagasta Plc's Centinela mine overwhelmingly rejected the company's final wage proposal, raising concerns about an imminent strike and

WTI crude oil rose 1.00% to $92.95 per barrel today (Sept. 29).