Commodities (Crude Oil & Copper) & Macro Outlook

According to Jaymin Alpha on Twitter, U.S. stock market closed lower on August 11 as three major indices declined on retreating optimism over U.S.-Iran negotiations, ongoing Hormuz Strait blockade, and rising crude oil prices. Russell 2000, however, gained 0.32% as not all market segments

The US expects oil supply disruptions stemming from the US-Israel war with Iran to reach approximately 600,000 barrels per day through the end of 2027.

A tanker paid $4 million to expedite passage through the Panama Canal, according to a report shared on Twitter. Wait times at the canal have stretched beyond one week as vessels seek alternative routes due to disruptions caused by the Iran

U.S. stock indexes declined on August 11 as crude oil prices surged and investors grew cautious ahead of Wednesday's July CPI report. The S&P 500 fell 0.3% to 7,728.2 points, the Nasdaq Composite dropped 0.6% to 26,445.5 points, and the Dow Jones Industrial Average declined 0.3% to 53,791.9 points.

According to Jin10, CME and Silicon Data will launch cryptocurrency computing power futures in October. The new contract will enable traders to hedge exposure to compute resources used in cryptocurrency mining and AI

According to Iran's Oil Minister Mohsen Paknejad, on August 11, Iran is repairing four damaged natural gas processing facilities with plans to restore daily production capacity to 95 million cubic meters by late September. Paknejad stated that reconstruction work is proceeding rapidly and is

According to government data released Tuesday, Texas power demand is now projected to grow 5.6% next year, down from the 14% annual load growth forecast issued in July. The revision follows Texas's decision on August 3 to audit all data center projects seeking grid connection, effectively pausing th

According to Jin10, on August 12, Ukraine reported that Russian large-scale strikes killed at least 9 people, while Ukrainian forces struck a major oil refinery in Russia's Orsk. Russia's Defense Ministry claimed its forces sank a Ukrainian patrol vessel escorting weapon shipments in southern

International oil prices rose over 1% on August 11 (US Eastern Time), with West Texas Intermediate (WTI) September futures closing at $83.20 per barrel, up $1.07 (1.30%), and Brent October futures at $88.91 per barrel, up $1.19 (1.36%). Pakistan's Defense Minister Khawaja Asif, acting as a

According to Yonhapinfomax, WTI crude for September delivery gained $1.07 to $83.20 per barrel on August 11 (US Eastern time), marking the fourth consecutive day of gains. Brent crude for October climbed $1.19 to $88.91 per barrel. Oil prices initially dipped after Pakistan's Defense Minister

US Treasury bond prices rose on August 11 (US Eastern Time), with the 10-year yield falling 1.80 basis points to 4.6840%. Pakistan's Defense Minister Khawaja Asif stated that 'signals over the past 2-3 days indicate we are close to some agreement' between the US and Iran. The statement revived

According to Pakistan's Defense Ministry, U.S. 10-year Treasury yields fell 1.80 basis points to 4.684% on August 11 (U.S. Eastern Time), with the 2-year rate declining 3.10 bp to 4.216%. Pakistan's Defense Minister Khawaja Asif stated that signals in recent days indicate a potential agreement

The U.S. dollar index held flat at 99.82 on Tuesday (Aug. 11) as forex market participants awaited key inflation data expected Wednesday and Thursday. The market is focused on July consumer price index (CPI) and producer price index (PPI) data, which will follow last week's weaker-than-expected

According to people familiar with the matter, metals trader Radiant World has been seeking to sell a stockpile of aluminum worth approximately $150 million at a small discount to market prices in an attempt to boost its

On Tuesday, August 11, at New York close, spot gold fell 0.50% to $4,368.81 per ounce, while spot silver dropped 1.63% to $6.46705 per ounce. COMEX copper futures gained 0.19% to $6.6285 per pound, bucking the broader downtrend in precious metals. Spot platinum

US stocks closed mixed on August 11, with the Dow falling 0.34% and the Nasdaq declining 0.60%, while semiconductor equipment and memory stocks showed relative strength. The market sentiment leaned toward selective risk appetite rather than broad risk aversion, as interest rates and the VIX

US stocks declined on the 11th (local time) as Iran maintained a hardline stance on reopening the Hormuz Strait despite reports of imminent agreement. Iran's Supreme National Security Council (SNSC) Secretary General Mohsen Rezaei stated Iran will not open the strait unless the US ends the war and u

According to API data for the week ending August 7, U.S. crude oil production rose to 34,000 barrels per day, compared to a decline of 112,000 barrels per day in the prior week.

According to the American Petroleum Institute (API), U.S. crude oil imports reached 835,000 barrels in the week ended August 7, up sharply from 172,000 barrels in the prior week.

According to API data, US crude product imports reached 196,000 barrels per day for the week ending August 7, 2026, compared with negative 206,000 barrels per day in the previous week.