Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, Italy's government will hold a meeting with domestic refiners on October 8 to discuss boosting refining output. The meeting reflects growing concerns among European governments over fuel supply and rising diesel prices. Diesel markets are facing acute tension amid reduced

On September 25, US natural gas futures extended declines, falling 5% as of the latest trading session.

According to German media, Germany's Bundestag has approved a fuel discount plan effective from October through December, reducing diesel and petrol prices by 17 cents per liter. The measure aims to address high fuel costs driven by Middle East tensions. The Bundesrat is expected to grant final appr

On September 25, 2026, from 11:00 to 11:15 UTC, BTC edged up 0.60%, trading in a range of 84,700.3–85,230.3 USDT, with an amplitude of 0.63%. Market volatility was limited, but overall sentiment was positive, supported by signs of easing geopolitical tensions. The main driver of this move was a diplomatic thaw in the U.S.-Iran conflict: Iran proposed a seven-day ceasefire plan at the United Nations that included reopening the Strait of Hormuz and lifting some sanctions. Expectations of improved

According to a Fortune report citing Monster's latest survey on September 25, 65% of U.S. job seekers are adjusting their employment priorities to reduce commute expenses due to rising fuel costs. Among them, 23% are prioritizing positions closer to home, 17% are focusing on higher salaries to

President Ferdinand Marcos Jr. suspended excise taxes on liquid petroleum gas (LPG) and kerosene on Friday, September 25, through Executive Order No. 125, effective immediately upon publication. The suspension was triggered by high global oil prices, with the one-month average Dubai crude price

According to Rappler, on Friday, September 25, President Ferdinand Marcos Jr. suspended excise taxes on liquid petroleum gas (LPG) and kerosene via Executive Order No. 125, effective immediately upon publication. The suspension lasts up to three months and was triggered by Dubai crude oil

According to CNBC, Federal Reserve Chair Kevin Warsh raised rates by 25 basis points in September, marking the first rate increase since 2023. Warsh, 127 days into his tenure, is gradually shifting the Fed's policy framework to de-emphasize traditional forward guidance and instead focus on broader f

According to sources on Sept 25, Iraq's state-owned marketing company cut prices for Basra medium and heavy crude oil to attract buyers, citing elevated shipping costs and geographic disadvantages relative to the Strait of Hormuz. The country relies on trading companies to market and transport its c

According to Jin10, on September 25, Hong Kong Exchanges and Clearing Limited (HKEx) announced that its subsidiaries, Hong Kong Futures Clearing Company Limited and Hong Kong Options Clearing House Limited, will accept

According to Puntland Maritime Police Force, the U.S.-sanctioned oil tanker SIBU 1, which was hijacked by Somali pirates in August, has been rescued.

Saudi Arabia and the United Arab Emirates called on U.S. President Donald Trump to sustain sanctions and a naval blockade against Iran. The request comes amid ongoing maritime conflicts and stalled diplomatic efforts in the region. The Saudi and UAE stance aligns with their interests in

According to South Korea's National Assembly, the government announced on September 22 its first major U.S. strategic investment project: a Texas natural gas combined-cycle power plant with 6.3 gigawatts (GW) capacity and $22.3 billion investment. The project aims to supply power to data centers in

According to Jin10 on September 25, Indian Oil Corporation (IOC), India's largest refiner, has won a tender from Iraq's state oil marketer to purchase 1 million barrels of Iraqi crude oil for October shipment at prices $23-28 per barrel below Dubai benchmark rates, according to two trade sources.

The USD-KRW exchange rate fell 8.50 won to 1,357.50 won as of 3:30 PM on September 25 in the Seoul foreign exchange market, compared to the previous trading day's close. The decline came as the yen strengthened and international oil prices dropped. Japanese Finance Minister Katayama Satsuki stated a

According to people familiar with the discussions, oil prices fell on Friday as markets assessed the possibility of U.S.-Iran ceasefire negotiations while remaining concerned about potential supply disruptions from escalating Houthi attacks on Saudi Arabia. Talks between U.S. and Iranian

According to Seoul Foreign Exchange Market data, the USD-KRW exchange rate fell 8.50 won to 1,357.50 won on Sept 25 (Chuseok, Korean Thanksgiving Day), down 11.50 won from New York's previous session close. The decline was driven by yen strength and lower oil prices in Asian trading, with WTI

According to President Zelenskyy, Ukraine attacked two Russian oil refineries over the past 24 hours on September 24. The strikes targeted critical energy infrastructure as part of ongoing military operations.

According to Guru Club, on September 25, Brent crude oil futures fell 2% to $98.058/barrel.

The EU Gas Coordination Group will hold a meeting on October 8.