Commodities (Crude Oil & Copper) & Macro Outlook

According to the U.S. Energy Information Administration (EIA), American refinery output fell to 24,000 barrels per day for the week ended June 5, down sharply from 98,000 barrels per day in the prior week.

According to the U.S. Energy Information Administration (EIA), crude oil inventories fell 7.227 million barrels in the week ended June 5, exceeding analyst expectations of a 3.974 million barrel decline. The prior week saw a larger drawdown of 7.974 million barrels.

The U.S. Energy Information Administration (EIA) will release its weekly crude oil inventory report today at 22:30 Beijing time.

According to Italian fuel producers and airport operators, Italian refineries have scaled up jet fuel production this year to reduce the country's dependence on imports, amid escalating Middle East tensions. The expansion aims to mitigate risks of aviation fuel shortages in Europe from potential

LPG futures contracts rose more than 2% today, trading at 5,644 yuan per ton.

According to Jin10, on June 10, Peter Cardillo, chief market economist at Sparta Capital Securities, said core inflation may have peaked based on the latest data, with year-over-year core inflation rising less than expected and no acceleration observed over the past month. He noted that energy

Pyth unveiled continuous pricing indexes for US stocks and commodities on Jun 10. The indexes provide real-time pricing data for US equities, gold, and oil outside traditional market hours. Coinbase, Kraken, and dYdX are adopting the new indexes. FAQ What did Pyth unveil on Jun 10? Pyth unveile

According to ChainCatcher, Pyth Network launched continuous price indices for US stocks and commodities to support around-the-clock trading products in crypto markets. Initial assets include Nvidia, Tesla, Apple and major commodities such as gold, silver, WTI crude oil and Brent crude oil.

According to Molly Brooks, U.S. rates strategist at TD Securities, following the June 10 CPI release, traders maintain expectations for roughly 40 basis points of rate hikes over the next 12 months. Market pricing for the Federal Reserve remains essentially unchanged. Brooks noted that the market

According to Nick Timiraos, a Federal Reserve policymaker, core commodity inflation on a 12-month basis stood at +1.1% as of early June, down from a recent high of +1.5% recorded in September of the prior

According to the Financial Times on June 9, the EU hopes to persuade the Group of Seven to delay raising the price cap on Russian oil, aiming to prevent Russia from benefiting from elevated international crude

U.S. unadjusted energy inflation reached 23.5% year-on-year in May, up from 17.9% in the prior month, marking a 5.6 percentage point increase.

According to Ukraine's international news agency on June 10, President Zelensky stated on social media that Ukraine continues to strike Russian military and oil industry facilities. Russia reported the same day that multiple regions came under attack, resulting in 5 people

According to Jason Pride, chief investment strategist at Glenmede, on June 10, US inflation pressures are expected to remain concentrated in food and energy sectors, with core CPI month-on-month growth slowing. The critical question is whether this pattern will begin to shift, particularly if energy

U.S. natural gas futures rose 3.00% intraday on June 10, trading at $3.235 per million BTU.

According to OKX, the exchange recently launched X-Perps, a line of perpetual futures products offering European retail traders 24/7 leveraged exposure to major US technology stocks, commodities, and equity indices. The products cover Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, Tesla, gold,

According to Dalian Commodity Exchange (DCE) announcement, effective June 12, 2026, non-futures company members or clients are limited to a maximum daily opening position of 500 lots per coke futures contract. The daily opening position is calculated as the sum of buy opening and sell opening

According to Guru Club, the Dalian Commodity Exchange announced on June 10 that effective from the settlement on June 12, 2026, margin requirements for coke futures contracts will be reduced to 12% for both speculative and hedging positions, down from 20% and 15%

Russian-controlled oil company NIS has applied to the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) for a new license to continue operations after June 16, the company stated.