Commodities (Crude Oil & Copper) & Macro Outlook

According to market reports, Iran stated today that no vessels can safely pass through the Strait of Hormuz without its approval.

According to Iran's state media Fars News, Iran's cleanup of an oil spill in the Strait of Hormuz is entering its final stage.

From 11:15 to 11:30 on August 13, 2026 (UTC), BTC fell 0.28% over the 15-minute period, trading in a range of 63,442.8–63,629.3 USDT, with an amplitude of 0.29%. BTC was down approximately 0.59% overall for the day, with limited volatility. The market remained in a low-volume, narrow-range consolidation pattern, and its short-term direction remained unclear. The move was primarily driven by opposing macroeconomic factors. U.S. July CPI fell to 3.4%, in line with expectations. Cooling inflation e

According to Jin10, Greenland's authorities halted a U.S. energy company's oil exploration plan on August 13. The company had transported drilling equipment to eastern Greenland without authorization, with plans to begin extraction this autumn. The country's mineral resources department stated

The Guangzhou Futures Exchange announced trading standards for polysilicon futures contract PS2708 and lithium carbonate futures contract LC2708. PS2708 trading fees are set at 0.01% of transaction value, with intraday closing-out fees at 0.025%. Minimum order sizes are 5 contracts for opening

Qatar set its September official selling price (OSP) for seaborne crude oil at $5 per barrel below the Oman/Dubai benchmark, and onshore crude OSP at $4.50 per barrel discount to the same benchmark.

On August 13, 2026, from 10:00 to 10:15 UTC, BTC fell 0.24% over 15 minutes, trading within a range of 63,614.4–63,819.5 USDT, with an Ampl of 0.32%. The current price is approximately $63,665, down 0.59% over the past 24 hours, with an intraday Ampl of approximately 1.8%. Overall, the market is showing a low-volume, narrow-range consolidation pattern, reflecting strong wait-and-see sentiment. The main driver of this move is the market’s hedging of macroeconomic signals. U.S. July CPI fell to 3.

On August 13, Shanghai International Energy Exchange (SHIE) imposed trading restrictions on an account group that exceeded intraday position opening limits. The client's trading behavior violated Article 16 of the exchange's Abnormal Trading Behavior Management Rules, prompting SHIE to restrict

According to Jin10, Houthi militants claimed responsibility for a drone attack on Saudi Aramco's refinery in the southern Jizan region on August 9. The group, which has controlled Yemen's capital and northern areas since 2014, now holds the Red Sea coastline facing Saudi Arabia. Saudi Arabia is

According to market reports, the Houthis warned on August 13 that they would target Saudi Arabia's oil fields, airports, and electricity and water infrastructure if the kingdom launches a full-scale attack on

India's oil, crude and refined petroleum imports reached $18.31 billion in July, while gold imports totaled $4.16 billion for the same month.

According to Hankyung, on August 13, South Korea's corporate bond market faced a severe liquidity crisis as low-rated corporate debt issuances collapsed. SK D&D, rated BBB-, abandoned its bond refinancing plan after two consecutive private placement attempts failed, instead resorting to a 136.7

According to maritime risk firm Ambrey and Oman's national news agency, oil tanker Caroline (Suez-class) ran aground off Halanyat Islands on Oman's south coast on August 13, creating an oil slick covering approximately 390 square kilometers. The spill has already reached nearby continental

The Australian Securities and Investments Commission released a consultation on 11 August proposing to extend the country's minimum capital requirements for retail over-the-counter derivatives providers until 2032. The proposal would continue the legislative instrument underpinning ASIC's net

An Indian trade official on August 13 declined to comment on the U.S. proposal to impose tariffs as high as 100% on Russian oil purchases, stating that such matters fall within American domestic policy.

According to Gate data, Brent crude oil (XBRUSD) fell to $87.96 per barrel, down 2.0% in the past 24 hours.

According to Citic Futures commentary published by Jin10, methanol futures (Sep-26 contract) rose more than 2% on Thursday (Aug 13), supported by tightening U.S.-Iran tensions. The Strait of Hormuz remains partially closed, with the U.S. Navy maintaining a maritime blockade on Iran. As of Aug 12, th

According to Iraq State Organization for Marketing of Oil (SOMO) Director Ali Nizar, the country's daily oil exports via the Strait of Hormuz rose to approximately 2 million barrels in August, as reported by Jin10 on August 13. The increase marks a recovery from earlier post-conflict levels,

On August 13, 2026, from 09:00 to 09:15 (UTC), BTC edged down 0.23% over the 15-minute period, with prices fluctuating between 63,620.1 and 63,772.0 USDT and an Ampl of just 0.24%. The current price is approximately $63,681, down 0.25% over the past 24 hours. Under macroeconomic pressure, the market remains range-bound, generally in a wait-and-see mode rather than experiencing panic selling. The main drivers of this move were the continued escalation of U.S.-Iran geopolitical tensions and uncert

According to China Shenhua's announcement, in July 2026, the company reported commodity coal production of 43.4 million tons, down 3.1% year-over-year, and coal sales volume of 53.1 million tons, down 4.5% compared to the same period last year. For the first seven months of 2026, cumulative commodit