Commodities (Crude Oil & Copper) & Macro Outlook

According to Russian Deputy Prime Minister Novak, the fourth tanker carrying Russian diesel under a U.S.-Russia trade arrangement will depart on October 28. Three additional vessels are currently en route.

In US Stock Market News, the S&P 500 halted a three-day decline on September 2, 2026, as investors returned to purchase equities at attractive valuations following concerns about inflation (9:35 PM UTC / 7:05 AM IST next day). Solid corporate earnings and a slowdown in the oil rally that had

According to BlackRock strategists, energy price surge triggered by US-Iran conflict will inflict lasting damage on the European economy. The strategists noted on October 27 that energy costs have already reduced European GDP by 0.5% compared to pre-shock levels, with the region particularly

According to Jin10 futures report citing Great Earth Futures analysis, on October 27, Brazil's real weakened significantly, pushing down new-crop soybean spreads and reducing Chinese import costs. Chinese farmers accelerated sales, offloading approximately 400,000 tons, with purchasing momentum

The Dalian Commodity Exchange announced on October 27 that, effective October 30, 2026, at settlement, trading margins for hog futures contracts LH2703 and LH2705 will be adjusted from 8% to 10%, according to its risk management

According to Jin10, U.S. President Trump is set to announce on Tuesday in Lubbock, Texas a proposal to relax federal methane emission requirements for oil and gas operations, positioning the move as a measure to promote domestic energy production and reduce costs. A U.S. government official stated t

Dalian Commodity Exchange (DCE) announced that effective October 29, 2026, non-futures company members or clients face reduced daily opening position limits on live hog futures contract LH2701, capped at 500 lots, compared to 1,000 lots on other live hog futures contracts. The daily opening volume r

Sources say OPEC+ will maintain crude oil production targets at Sunday's meeting.

On October 26, WTI crude oil December futures fell 1.51 dollars to 101.76 dollars per barrel, while Brent crude fell 0.91 dollars to 115.81 dollars per barrel. Naphtha rose 16 dollars to 1,046 dollars per ton CFR Japan. PTA futures fluctuated lower in morning trading with modest spot market

On Monday, September 21 at 4:12 PM EDT (1:42 AM IST Tuesday), the Nasdaq Composite posted a new record close in US Stock Market News, jumping 2.26% to 27,122.09, buoyed by strength in artificial intelligence stocks and cooling oil prices. The S&P 500 gained 1.49% to 7,764.70, while the Dow Jones

According to Jin10 Futures, Indonesia's hot-rolled coil (HRC) prices held steady at $515-520 per ton FOB on October 27, as weak domestic demand increased downward pressure on export markets. In Vietnam, Indonesian HRC quotes stood at $533-535 per ton CFR last week, with some buyers bidding as low as

According to Jin10, on October 27, Shanghai Futures Exchange (SHFE) released daily warehouse receipt data across 23 commodity futures. Twelve commodities saw inventory declines, including silver (down 2,710 kg to 1,368,625 kg), copper (down 1,626

According to Bloomberg, Saudi Arabia has brought under control a fire that broke out near the Ras Tanura oil hub following an attack.

According to Jin10, WTI crude oil rose over 1% intraday on October 27, trading at $101.57 per barrel. Brent crude oil gained 0.8%, reaching $111.31 per barrel.

According to Reuters, Pertamina Patra Niaga, the trading and commerce unit of Indonesia's state oil company Pertamina, is seeking crude oil and condensate for delivery in January to March 2027, as shown in a tender document on October 27. The company is bidding for crude shipments destined for its r

According to Jin10 Futures, on the afternoon of October 27, the CSI China Containerized Freight Index (Europe Route) futures main contract plunged, closing down nearly 7% after touching an intraday decline of over 8%. Shipping companies' pricing announcement fell short of market expectations,

According to Iran's Press TV, Iran, Russia, and Azerbaijan reached overall consensus on a natural gas swap agreement on October 27 during minister-level talks at the 28th Gas Exporting Countries Forum (GECF) in Moscow. Iran's Acting Oil Minister Hamid Bavarti stated the gas swap agreement

Shanghai Futures Exchange released a notice today (October 27) on revisions to its zinc futures contract and business rules. The exchange plans to update the zinc ingot delivery grade standard from GB/T 470-2008 to GB/T 470-2026, and add provisions allowing zinc ingots used for futures delivery to b

According to Citibank's commodity research report released on October 27, global CBOT grain and oilseed markets face multiple intersecting risks including geopolitical conflicts, elevated energy costs, and strong El Nino climate threats. The combination of biofuel demand and supply vulnerabilities i

According to Jin10 data, the United States strategic petroleum reserve crude oil inventory fell to its lowest level since 1982 on October 27. The decline reflects continued drawdowns from the nation's emergency stockpile amid fluctuating domestic and global energy