Commodities (Crude Oil & Copper) & Macro Outlook

According to OPEC's monthly report, the organization maintained its forecast for non-OPEC oil-producing countries' supply growth in 2027 at 620,000 barrels per day.

According to OPEC's latest monthly report, the organization maintained its U.S. economic growth forecasts at 2.2% for 2026 and 2% for 2027.

According to OPEC's latest monthly report, the Organization of the Petroleum Exporting Countries revised its 2026 global economic growth forecast downward to 3% from 3.1%.

According to OPEC's latest monthly report, the organization maintained its 2027 global economic growth forecast at 3.2%.

According to OPEC's monthly report, the organization cut its 2027 eurozone economic growth forecast from 1.2% to 1%.

According to OPEC's latest monthly report, the organization downward revised its 2026 global oil demand growth forecast to 580,000 barrels per day, down from the previous estimate of 780,000 barrels per day—a reduction of 200,000 barrels per day.

According to OPEC's monthly report released in August 2026, the organization raised its 2027 global oil demand growth forecast to 2.16 million barrels per day, up from the previous estimate of 1.94 million bpd, an increase of 220,000 barrels per day.

According to OPEC's monthly report, OPEC+ crude oil production (including UAE, a former member) averaged 37.66 million barrels per day in July 2026, up approximately 1.42 million barrels per day from June, driven by increased output from Gulf oil

CME Group announced Tuesday plans to launch two compute futures contracts on Oct. 5, pending regulatory review, in partnership with Silicon Data to track compute pricing indexes. Each contract represents one month's rental of Nvidia H100 or the newer Blackwell B200 chips, aiming to turn compute

According to Zhitong Finance, MI Energy (01555) posted total revenue of 383 million yuan for the six months ended June 30, 2026, up 4.7% year-over-year, with a net loss of 144 million yuan, representing a 2.4% narrowing compared to the prior-year period. The group's average realized oil price

Brent crude and West Texas Intermediate extended gains Wednesday as Middle East supply risks sustained buying interest despite indications of a large U.S. crude inventory build. Brent crude rose to about $89.63 a barrel, while WTI climbed to roughly $83.91, pushing both benchmarks toward key

Crude oil prices extended their advance Wednesday as Middle East geopolitical risks kept buyers active. Brent crude rose to around $89.63 a barrel, while West Texas Intermediate climbed to roughly $83.91, approaching key resistance levels. Renewed concerns over U.S.-Iran negotiations and shipping di

Gate News reports that, according to Gate’s official announcement on August 13, 2026, Gate will launch nine USD1 perpetual contract markets at 14:00 (UTC+8) on August 13, 2026, including BTC/USD1, ETH/USD1, SOL/USD1, XAU/USD1, SPCX/USD1, SNDK/USD1, MU/USD1, SKHYNIX/USD1, and XAG/USD1. At the same time, Gate is launching a trading fee discount campaign for USD1 futures trading pairs. VIP 0–VIP 16 users trading any USD1-margined perpetual contract will pay zero maker fees and receive a 75% discoun

According to the People's Bank of China's second-quarter monetary policy report released on August 12, the central bank is de-emphasizing bank loans as a single financing channel and taking a more comprehensive view that combines loans with bonds and equity financing. This reflects structural

According to Bloomberg, cryptocurrency market maker Wintermute plans to invest approximately $1 billion over the next five years in high-frequency trading and AI data center infrastructure to expand into traditional financial markets including equities, commodities, and foreign exchange. The

According to UK Treasury officials, Britain's GDP growth rate could fall to as low as 0.3% in 2027 if the Strait of Hormuz remains closed in a worst-case scenario.

The US Bureau of Labor Statistics will publish the July Consumer Price Index data on Wednesday. Monthly CPI is forecast to rise 0.1% after June's 0.4% decline, with the annual reading expected to retreat to 3.4% from 3.5%. Core CPI is projected to increase 0.2% monthly and 2.5% yearly. The June CPI

According to RootData, Binance has listed 220 tokenized traditional finance contract assets. In the past 24 hours, XAU (gold) led trading volume at $1.79 billion, followed by SK Hynix at $1.61 billion and SpaceX at $1.17 billion. For ±2% bid-ask spread depth, XAG (silver) ranks first at $12.66

According to Jin10 Data, on August 12, Putin warned the EU that Russia would retaliate if the bloc seized Russian commercial vessels, calling such actions 'piracy' and 'robbery.' The warning follows the EU's approval of a mechanism allowing member states to sell oil and other commodities

According to Zhitong Finance, Sunshine Oilsands (02012) posted a net loss attributable to shareholders of CAD 19.74 million in Q2 2026 (ended June 30), up 896.47% year-over-year from a loss of CAD 1.94 million in the same period last year. The group recorded a total loss of CAD 4.7 million for the