Commodities (Crude Oil & Copper) & Macro Outlook

According to EIA data, U.S. implied crude oil demand declined to 18.655 million barrels per day for the week ending Aug 7, down from 19.648 million barrels per day in the prior week.

According to EIA data, U.S. crude oil production reached 2.6 million barrels per day in the week ending August 7, rising from negative 1.83 million barrels per day in the prior week.

According to EIA data, U.S. crude oil inventories rose 17.423 million barrels for the week ending August 7, significantly beating market expectations of a 1.8 million barrel decline. The previous week had seen inventories increase by 2.479 million barrels.

According to the U.S. Energy Information Administration (EIA), refinery capacity utilization declined 0.3% for the week ended August 7, compared to expectations of a 0.4% decrease and a prior week decline of 0.7%.

According to EIA data, Cushing crude oil inventory rose by 1.611 million barrels in the week of August 7, compared with an increase of 2.356 million barrels in the previous week.

According to the U.S. Energy Information Administration (EIA), the refinery utilization rate for the week ending August 7 came in at 96.2%, below the forecast of 96.4% and down from 96.5% in the prior week.

According to the U.S. Energy Information Administration (EIA), the week ended August 7 saw U.S. gasoline production decline by 0.1 thousand barrels per day, compared to a decline of 30.9 thousand barrels per day in the prior week.

According to the Energy Information Administration, U.S. refined oil production increased to 50,000 barrels per day in the week through August 7, up from a decline of 134,000 barrels per day in the prior week.

According to EIA data for the week ending August 7, U.S. refined oil inventory decreased by 10,000 barrels, falling short of the forecasted decline of 1.296 million barrels and the previous week's drawdown of 3.473 million barrels.

According to the U.S. Energy Information Administration (EIA), the week ended August 7 saw U.S. petroleum product imports reach 206,000 barrels per day, up from negative 317,000 barrels per day in the prior week.

According to EIA data for the week ending August 7, U.S. reformulated gasoline inventories declined 3,000 barrels, compared with no change in the previous week.

According to EIA data, U.S. crude oil imports reached 1.768 million barrels for the week ending August 7, up significantly from 0.297 million barrels in the prior week.

According to EIA, U.S. gasoline inventories for the week ended August 7 decreased by 968,000 barrels, falling short of expectations for a 1.199 million barrel decline but representing a smaller drop than the prior week's 1.643 million barrel decrease.

According to the U.S. Energy Information Administration (EIA), crude oil inventory at Cushing, Oklahoma fell to 1.61 million barrels for the week ending August 7, down from 2.356 million barrels in the prior week.

According to the U.S. Energy Information Administration (EIA), heating oil inventories increased by 192,000 barrels for the week ended August 7, compared to a decline of 144,000 barrels in the prior week.

During 13:00–14:00 UTC on August 12, 2026, BTC fluctuated within a narrow range and edged lower, with the 1-hour candlestick closing down 0.22%. The price ranged from 63,945.0 to 64,161.9 USDT, a fluctuation of just 0.34%. The current price is approximately $64,115, down 0.33% over the past 24 hours, while trading volume has contracted sharply to 103.87 BTC. Market participation remains low, indicating typical low-volatility consolidation rather than an unusual market event. The primary driver o

The US dollar index rose on the 12th as geopolitical tensions between the United States and Iran showed no signs of resolution. According to Yonhap Infomax, the dollar index (DXY) stood at 99.848 as of 7:20 AM Eastern Time, up 0.035 points or 0.035% from the previous close of 99.813. The dollar

On August 12, the U.S. Bureau of Labor Statistics released the July inflation data that markets had been eagerly awaiting. Headline CPI rose 3.4% year over year, while core CPI fell to 2.5% year over year, with both figures matching expectations. After the data was released, crypto assets, gold, and U.S. stock futures all showed choppy short-term moves, initially falling before rebounding. However, the latest pricing in the interest rate market delivered the signal that truly deserves attention.

According to Yonhapinfomax, the U.S. Dollar Index (DXY) rose 0.035% to 99.848 on August 12 (7:20 a.m. ET), as mixed signals over a potential U.S.-Iran ceasefire extension created volatility in energy markets. The ceasefire deadline is set for August 17. West Texas Intermediate (WTI) crude oil for S

According to Bloomberg, Wintermute plans to invest up to $1 billion in artificial intelligence data center infrastructure and high-frequency trading over the next five years, CEO Evgeny Gaevoy said Wednesday. The crypto market maker aims to scale its non-crypto market activity to over 50% of total b