Commodities (Crude Oil & Copper) & Macro Outlook

West Texas Intermediate (WTI) and Brent crude oil prices rose slightly on August 12 (US Eastern Time), with WTI September delivery closing at $83.27 per barrel, up $0.07 or 0.08%, and Brent October delivery rising $0.07 or 0.08% to $88.98. The modest gains reflect ongoing supply concerns as

West Texas Intermediate (WTI) crude for September delivery closed at $83.27 per barrel on August 12 (US Eastern Time), up $0.07 or 0.08% from the previous session, while Brent crude October futures rose $0.07 or 0.08% to $88.98. The modest gains occurred as US-Iran negotiations over reopening the

According to the New York Mercantile Exchange, WTI crude for September delivery rose $0.07 to $83.27 per barrel on August 12 (U.S. Eastern Time), while October Brent crude gained $0.07 to $88.98 per barrel. The Energy Information Administration reported that commercial crude oil inventories

Spot gold rose 0.86% to $4,408.84 per ounce at the New York close on Wednesday, August 12, while spot silver gained 1.02% to $65.322 per ounce. COMEX copper futures initially rallied 1.25% intraday but reversed course, closing down 0.37% at $6.5549 per

Last week, WTI crude fell 0.75% to $82.58 per barrel, while Brent declined 0.6% to $88.38. U.S. crude oil inventories increased unexpectedly by 17.423 million barrels, significantly exceeding market expectations for a decline. The surge, combined with OPEC's downward revision of global crude oil

According to Iran's Foreign Ministry spokesperson Baghaei, oil pollution has recently appeared along the coast of Qeshm Island. Preliminary investigations suggest a foreign cargo vessel may be the source of the pollution. Multiple coastal areas and parts of the sea surface have been

Broadridge's Distributed Ledger Repo platform processed $8.0 trillion in transactions during July, with the company reporting the platform averaged $365 billion in daily repo transactions during the month. The volume represents a 28% increase from the same period a year earlier, reflecting growing i

According to American Automobile Association data, gasoline and diesel prices reached all-time seasonal highs during the second week of August, with gasoline averaging $4 per gallon and diesel at $5.40 per gallon. This marks a significant increase compared to the same period last year, when gasoline

According to ICE Futures, Brent crude oil futures for October delivery closed at $88.98 on August 12 (current local time), up 0.1% from the previous session. Oil prices finished within a narrow range as ongoing negotiations over transit through the Hormuz Strait persisted and crude oil demand

On August 12, Iran's Strait of Hormuz Coordinators stated that repeated U.S. claims about the strait's reopening do not change the facts. The Strait of Hormuz remains closed and will not reopen unless the United States accepts Iran's stated

dxFeed expanded its CME market data offering to include Single Stock Futures, granting existing subscribers automatic access to one of the newest products in the US derivatives market without requiring additional market data subscriptions or licensing fees. The enhancement means brokerages,

According to Jin10, on August 13, crude oil prices edged higher at the close. WTI September futures rose 7 cents to $83.27 per barrel, gaining 0.08%, while Brent October futures climbed 7 cents to $88.98 per barrel, also

On Wednesday's New York close (August 12), ICE raw sugar futures fell 1.79% to 16.43 cents per pound, cotton futures declined 0.18% to 84.24 cents per pound, cocoa futures rose 1.15% to $5,719.00 per metric ton, and coffee futures gained 0.49% to 317.25 cents per pound.

According to JPMorgan strategist David Lebovitz, Japan's central bank is raising rates for the third time in 12 months as the economy exits its 30-year slump, putting pressure on the yen and threatening the carry trade that has historically funded cryptocurrency investments. The U.S. and Japan

According to Jin10, as of 2:30 AM on August 13, Shanghai Gold futures closed up 0.36% at 959 yuan per gram, Shanghai Silver futures rose 0.63% to 16,024 yuan per kilogram, and SC crude oil futures climbed 0.63% to 556 yuan per

According to the U.S. Department of Agriculture (USDA), Chicago corn futures surged 4.1% on Wednesday after the agency significantly cut its U.S. corn yield forecasts, with the reduction exceeding market expectations. The gains marked the largest rally for corn futures since

According to Shanghai Futures Exchange data, base metals overnight closing on Aug 12 showed mixed performance. Alumina led gains with a 1% rise, while aluminum alloy increased 0.42%. On the downside, nickel fell 0.50%, followed by lead down 0.09%, and zinc down 0.08%. Copper

According to EU Sentinel-2 satellite imagery captured Tuesday, an ultra-large crude carrier (VLCC) docked at a single-point mooring facility in Ju'aymah, part of Saudi Arabia's Ras Tanura oil export complex. The vessel has capacity to load approximately 2 million barrels of crude oil. This marks

According to the U.S. Department of Agriculture, the agency adjusted soybean production forecasts for Argentina and Brazil for the 2025/2026 season on August 12. Argentina's soybean output was lowered from 50 million tons to 49.5 million tons, while Brazil's was raised from 180 million tons to 180.5

From 12:00 to 16:00 (UTC) on August 12, 2026, BTC rose slightly by 0.05%, with prices fluctuating between 64,215.1 and 64,302.3 USDT and an amplitude of 0.14%. The overall market moved sideways, showing limited volatility and a weak directional bias. The main factor behind BTC’s lackluster performance was shrinking risk appetite amid multiple layers of macroeconomic uncertainty. First, US-Iran geopolitical tensions continued to escalate. Iran warned that the Strait of Hormuz would remain closed