Commodities (Crude Oil & Copper) & Macro Outlook

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

According to Jin10's summary of OPEC's monthly report, the organization revised its June crude oil output to 22.37 million barrels per day, an increase of 1.66 million barrels per day from May. Meanwhile, China's net petroleum product imports declined by 790,000 barrels per day to 7.31 million barre

As night session opened on August 12, China's futures contracts rallied broadly, with Shanghai silver surging over 2%, synthetic rubber and pulp both up over 1%, and zinc, tin, gold, ethylene glycol, and cotton yarn each rising nearly 1%. Glass fell over 1%, the only major

According to U.S. Department of Labor data, gasoline prices fell 2.9% and fuel oil prices declined 1.7% in July, contributing to recent inflation moderation.

Market Focus · CPI Special Edition This morning we said, “One number prices the world.” Now the number is out: mild, but it is not yet time to breathe a sigh of relief. July CPI rose 3.4% year over year, in line with expectations (the smallest increase since March), while core CPI rose 2.5% year over year, the lowest since March 2021. Core CPI also increased 0.1% month over month, returning to positive growth. Two consecutive months of mild monthly data are pushing the narrative of “an energy-dr

From 12:15 to 12:30 on August 12, 2026 (UTC), BTC rose 0.23% in the short term, trading within a range of 64,260.9–64,427.4 USDT, with an Ampl of 0.26%. The broader market remained range-bound, with a 24-hour change of just -0.30% and extremely limited volatility. The primary driver of this move was escalating geopolitical risk. The situation in the Middle East deteriorated as the U.S. launched missiles at cargo ships violating regulations in the Strait of Hormuz, while Iran’s refusal to reopen

According to data tracking reports, Saudi Arabia's crude oil loading operations in the Red Sea have proceeded with vessel tracking systems disabled in recent days. The measure coincides with intensified attacks launched by Houthi forces in

According to YPF's chief executive officer, Argentina's state oil company will begin exporting 180,000 barrels of oil per day starting in January 2027.

Norway's Oil Fund received NOK 89 billion (approximately $8.4 billion) in capital inflows during the first half of 2026, according to fund disclosures.

According to Huawen Futures research report, BR rubber futures rose 2.36% on Aug 12, closing at 13,420 yuan/ton, with the maximum intraday gain reaching nearly 3%. The rally was driven by sustained strength in international crude oil and butadiene prices, which tightened upstream supply and

According to OPEC's monthly report, OECD oil inventories declined by 26.4 million barrels in June, falling to 2.73 billion barrels.

According to OPEC's latest monthly report, global crude oil demand is projected to reach 1.079 billion barrels per day in 2027.

According to OPEC monthly report, Saudi Arabia reported its July crude oil production at 8.2 million barrels per day, up over 1 million barrels daily from the previous month's 7.1 million barrels. The production rebound reflects recovery efforts in the Persian Gulf during a brief pause in regional c

According to OPEC's latest monthly report, the organization maintained its forecast for non-OPEC oil supply growth in 2026 at 640,000 barrels per day.