Commodities (Crude Oil & Copper) & Macro Outlook

According to Saudi media Alhadath, a massive explosion rocked Abadan in Iran's Khuzestan Province today due to a technical malfunction at an oil refinery.

The global bond market experienced turbulence as oil prices surged above $100 per barrel, according to the Financial Times. Rising oil prices contributed to inflation expectations, driving investors to demand higher yields on government bonds and increasing borrowing costs. The developments

According to Interfax, Russian forces struck a tanker in the Black Sea on September 24.

According to Odaily, WTI and Brent crude oil rose $0.5 in intraday trading, with WTI crude now trading at $91.3 per barrel and Brent crude at $98.3 per barrel, according to Gate data.

According to Saudi Arabia's government data, the country's goods exports declined 17.2% year-over-year in July, with crude oil exports falling 12.8% over the same period.

According to Taiwan's Ministry of Economic Affairs Mineral and Coal Bureau, the agency will conduct inspection tours in Colorado and Washington, D.C. by late October to advance rare earth supply chain cooperation with the United States. The visits will focus on mine development information and

According to Jin10 Futures, SC crude oil surged over 4% overnight on Sept 24 following a complete breakdown in U.S.-Iran talks at the United Nations. Iranian officials hardened their stance, stating Iran will not capitulate under threats and will not allow free passage through the Strait of

According to market data, U.S. 10-year Treasury yields surged to 5.125% on September 23, reaching the highest level since the 2007 financial crisis. The selloff was triggered by stronger-than-expected September manufacturing data and rising oil prices, both fueling inflation concerns. Fed Governor

According to the European Bank for Reconstruction and Development, Black Sea attacks could result in Ukraine losing up to $5.5 billion in wheat, metal, and oilseed exports in 2026.

According to Guru Club, on Wednesday, September 24, U.S. Energy Secretary Chris Wright warned oil industry executives to prepare for possible diesel export restrictions, following intense discussions within the Trump administration on the matter. Wright communicated the message by phone to

According to Jin10 Futures on Sept 24, Mongolia's Industry and Mining Minister Goon Damdinnyam met with PetroChina Tamutsagol's general manager to discuss oil sector cooperation. The meeting emphasized the need to increase Mongolia's annual crude production from 0.8 million tons to 1 million tons, a

Goldman Sachs commodity and energy analysts, including Samantha Dart, co-head of global commodities research, warned that connecting next-generation AI servers directly to the US power grid could cause localized blackouts, particularly in dense data center clusters. The warning stems from power

U.S. diesel prices have surged to $6.53 per gallon, representing a 74% increase since the onset of the Iran conflict, according to market data. The U.S. Energy Information Administration confirmed this as a nominal record and the highest inflation-adjusted level since 2022. The price escalation

According to the U.S. Energy Information Administration, diesel prices in the United States climbed to $6.53 per gallon, up 74% since the onset of the current Iran conflict, marking both nominal and inflation-adjusted records. The surge reflects geopolitical tensions' impact on energy supply

According to Jin10, on September 24, the U.S. Export-Import Bank proposed up to $6 billion in financing for Argentina's Argentina LNG project, marking another Trump administration support for President Javier Milei's foreign investment efforts. YPF SA, the state-owned energy company leading the proj

According to analyst Niquette, U.S. diesel prices hit a record high of $6.5 per gallon recently, driven by multiple geopolitical pressures. Russia-Ukraine conflicts have disrupted refining capacity, while Russian export restrictions and escalating Iran tensions have further constrained global

According to Guru Club, WTI crude oil fell 1% intraday on September 24, trading at $91.23 per barrel.

According to Morgan Stanley, if the Trump administration implements a diesel export ban, U.S. gasoline prices could rise rather than fall, analysts including Martijn Rats said today. The restriction would force American refineries to reduce operations as domestic storage tanks fill within weeks,

At market open on September 24, China's domestic futures showed mixed trading. Lithium carbonate fell over 4%, with silver and platinum declining over 3%. European shipping indices, polysilicon, and palladium dropped over 2%, while coal and live hog futures fell over 1%. On the upside, SC crude

Asian bond yields rose sharply on September 24 as Japanese 10-year government bonds hit 3.06% intraday, the highest level since August 1996, while Australian 3-year yields climbed to 5.0893%. The surge followed overnight jumps in US Treasury yields, with the 10-year breaking 5.10% for the first