Commodities (Crude Oil & Copper) & Macro Outlook

According to traders, Saudi Arabia sold nearly 100 million barrels of crude oil to Asian buyers since mid-last week, with deliveries concentrated in October and November. Buyers include refineries in India, Japan, and South Korea. Amid rising Hormuz Strait shipping risks and surging freight costs, S

According to Jin10, on Thursday (September 24), Bank of England Monetary Policy Committee member Dingela said winter energy conditions over coming months will be critical for understanding long-term inflation pressure on the UK from Iran tensions. Unlike the broad-based price surge in 2022

According to Jin10, on Thursday (Sept 24), German 10-year Bund yields rose 3 basis points to 3.575%, marking a 17-year high amid eurozone bond sell-offs. Brent crude oil rebounded above $106 per barrel, driven by limited progress in U.S.-Iran diplomatic negotiations aimed at ending conflict,

According to Jin10, the EU Commission expressed concern on Thursday (September 24) over reports that the U.S. plans to restrict diesel exports, citing potential negative impacts on both markets. EU Commission spokesperson Olof Gill said the bloc hopes to consult with the U.S. government before

According to Jin10, Serbia's energy minister announced on Sept 24 that the country will release approximately 5,000 tonnes of diesel from national reserves to address shortages caused by global supply tensions linked to conflicts in Iran and Ukraine. The minister projected diesel consumption in

According to the World Steel Association, China's steel production declined to 74.61 million tons in August 2026, down 3.7% year-on-year. Global crude steel output reached 144.2 million tons in the same month, declining 1.2% compared to the prior year. Among major producers, India's output

According to Guangdhe Futures, asphalt futures surged over 5% on Thursday (Sept 23), driven by crude oil strength amid stalled U.S.-Iran negotiations and tight domestic supply. Data from Baichuan Yingfu showed bituminous crude device utilization at 26.17% (down 1.75% weekly), refinery inventory at 1

According to CEO Amin Nasser, Saudi Aramco can restore any disrupted operations within days and is researching the construction of additional crude export routes on September 24. The company is exploring a fourth and fifth export line beyond its current three primary crude oil pathways, as it

According to Shanghai Futures Exchange (SHFE), starting September 28, 2026, at 9:00 AM, the exchange will expand the tradable products available to eligible foreign institutional investors and yuan-denominated qualified foreign institutional investors. New additions include four commodity futures—al

According to Zhengzhou Commodity Exchange, effective September 28, the exchange will expand trading access for qualified foreign institutional investors and renminbi-denominated qualified foreign institutional investors to six additional commodity futures contracts and five options contracts. The

According to Jin10 data, European Central Bank Executive Board member Schnabel warned on Sept. 24 that energy shocks triggered by Iran-related conflicts have persisted significantly longer than initially anticipated, extending impacts beyond crude oil to diesel and natural gas. Schnabel stated that

According to Guru Club citing Chuangshi Futures analysis, lithium carbonate futures plunged 4.7% today (September 24), breaking below 125,000 yuan/ton. Weekly production increased 224 tons to 27,889 tons, with September expected to rise 10% to 128,500 tons. Supply recovery is being driven by

From 08:15 to 08:30 on September 24, 2026 (UTC), BTC plunged 0.73% over 15 min, falling from 84449.9 USDT to 83783.9 USDT, with a 0.79% range. The overall market came under clear pressure, with the buy-to-sell depth ratio at only 0.20. Asks significantly outweighed bids, and the short-term trend was weak. The main driver of this move was the systemic pressure on risk assets from hawkish FED signals combined with a stronger Dollar. FED Governor Michael Barr explicitly stated that further rate hik

According to Jin10, Dutch TTF natural gas contracts rose 3% to €74 per megawatt-hour on September 24, driven by concerns over inventory levels ahead of winter heating season. EU storage capacity stands at 70% overall, significantly below the seasonal average of 86%, according to European gas

According to Gate data, Brent crude oil (XBRUSD) broke through $104 per barrel today, trading at $104.07, up 4.0% over the past 24 hours.

According to Dalian Commodity Exchange (DCE), on September 24, the following chemical futures warehouse receipts data was recorded: polyethylene 4,245 contracts (unchanged day-on-day); polyvinyl chloride 119,524 contracts (down 66 contracts); polypropylene 26,734 contracts (down 687 contracts);

According to Guru Club, Russia plans to impose a 30% excess profit tax on fertilizer manufacturers as of September 24.

According to Singapore Enterprise Development Board (ESG), middle distillate oil inventories in Singapore declined by 551,000 barrels in the week ending Sept. 23, dropping to 8.13 million barrels, a three-week

According to Singapore's Economic Development Board, Singapore's light distillate oil inventories fell by 2.038 million barrels to 11.775 million barrels, the lowest level in three weeks, in the week ended

According to Singapore's Economic Development Board, fuel oil inventories fell by 366,000 barrels to 19.778 million barrels as of the week ending September 23, marking a four-week low.