Commodities (Crude Oil & Copper) & Macro Outlook

According to the American Petroleum Institute (API), U.S. crude oil inventories increased by 1.786 million barrels last week, down from a gain of 7.144 million barrels in the prior week.

According to U.S. API data, refined product oil imports for the week ending September 18 fell to negative 373,000 barrels per day from positive 307,000 barrels per day the previous week, marking a significant

According to API data, U.S. refinery crude oil stockpiles decreased by 2.164 million barrels for the week ending September 18, significantly outpacing the expected decline of 459,000 barrels. The prior week saw an increase of 1.607 million barrels.

According to API Cushing data, U.S. crude oil inventory at Cushing rose to 2.082 million barrels for the week ending September 18, compared to the previous week's -2.46 million barrels.

According to the American Petroleum Institute, U.S. gasoline inventories for the week ending September 18 fell by 2.16 million barrels, compared to market expectations of a 158,000-barrel increase.

According to the API, U.S. crude oil inventories fell to 1.786 million barrels for the week ended September 18, below expectations of a 563,000-barrel decline and compared with a 7.144 million-barrel increase in the prior week.

According to Digital Daily, the Nasdaq Composite reached all-time highs on September 22, both intraday and at close, finishing at 27,244.28, up 0.5%. Semiconductor stocks drove the rally, with Intel up 1.7% to $123.86, AMD up 1.3% to $623.77, and SK Hynix ADRs up 3.5% to $195.37. SanDisk gained

On Tuesday (September 22), U.S. equity asset class ETFs mostly declined. The Brent crude oil fund fell 1.63%, the fear index long ETF dropped 3.05%, while agricultural products fund, Dow Jones ETF, and real estate ETF fell up to 0.45%. Meanwhile, the Nasdaq-100 ETF rose 0.81%, gold ETF

U.S. API crude oil inventory data for the week ending September 18 is set to be released in approximately ten minutes.

According to Iraq's state media, Iraq's oil minister stated that the country exported 70 million barrels of oil in August.

According to Iraqi state media, Iraq's oil minister stated that the country currently exports more than 3 million barrels of oil per day.

According to Axios, Trump energy advisor Jarrod Agen said on Tuesday that U.S. gasoline prices have reached $4.48 per gallon, up significantly from $3.18 a year ago, according to AAA data. When asked about responsibility for higher prices, Agen attributed the increase to refining capacity

According to Bloomberg, the Bloomberg Commodity Index's grains classification fell 0.93% to 34.7847 points at Tuesday (Sept 22) New York market close. CBOT corn futures declined 1.24%, wheat futures fell 1.44%, and soybean futures dropped 0.23%, while soybean meal futures rose 0.71% and soybean

According to Iranian state media, Iran's foreign minister met with U.S. presidential envoy Whitaker during the UN General Assembly on September 22. Iran presented three "strict" conditions to reopen the Strait of Hormuz: the immediate lifting of maritime blockade, the immediate release of frozen Ira

According to Jin10, on Tuesday (Sept. 23), President Trump urged his advisors to approve a diesel export ban amid surging prices caused by Iran and Ukraine conflicts. "I've been saying, stop sending diesel out," Trump said during the UN General Assembly while meeting with Ukrainian President

Shanghai gold futures closed 0.36% higher at 941 yuan per gram at 2:30 AM, while Shanghai silver futures surged 1.14% to 16,273 yuan per kilogram. SC crude oil futures declined 3.11% to 695 yuan per barrel during the same night session close.

WTI October crude futures fell $1.19 (1.24%) to $94.59 per barrel on the close today (September 22), according to NYMEX data. October natural gas futures settled at $2.9650 per million British thermal units, while October gasoline futures closed at $3.4875 per gallon and October heating oil futures

Shanghai crude oil futures contract 2611 closed down 3.11% at 694.80 yuan per barrel during the night session on September 22. Meanwhile, Shanghai gold futures rose 0.36% and Shanghai silver futures gained 1.14%.