Commodities (Crude Oil & Copper) & Macro Outlook

WTI crude oil surged 5.0% during today's session to $82.1 per barrel, while Brent crude climbed 5.0% to $87.74 per barrel.

Shanghai Futures Exchange crude oil futures contract 2609 closed up 4.06% to 553.70 yuan per barrel in the night session on August 10. Shanghai gold futures gained 0.66%, while Shanghai silver futures climbed 1.89%.

According to Reuters, a fuel tank explosion occurred at Libya's Zawiya refinery on August 10, with the cause remaining unclear. Two sources cited by the news agency confirmed the incident, though no further details on damage or casualties were

According to ED Daily, crude oil prices have surged amid uncertainty surrounding the reopening of the Hormuz Strait, while U.S. strategic petroleum reserves (SPR) have fallen to their lowest level since 1983. The decline reflects mounting pressure on global crude inventories stemming from

From 16:00 to 17:00 UTC on August 10, 2026, BTC pulled back slightly by 0.12%, with prices fluctuating between 64,192 and 64,353.9 USDT and a range of just 0.25%, indicating a narrow-range consolidation pattern across the market. The 24-hour change was -0.62%, with the current price at 64,793.3 USDT. The main driver of this move was market wait-and-see sentiment amid multiple macro factors offsetting one another. On the one hand, the US-Iran conflict in the Strait of Hormuz continued to escalate

Oil and gold markets enter the week with elevated volatility as traders position ahead of key economic data releases scheduled for Tuesday through Thursday. West Texas Intermediate crude oil traded near $78 a barrel after gaining more than 5% over three sessions, supported by geopolitical tensions a

According to Reuters, British Petroleum (BP) is transferring a 20% stake in Venezuela's Cocuina gas field to NGC, a subsidiary of Trinidad and Tobago's energy company.

According to DeItaone, Trump Media is offering trading firms early access to President Trump's posts on Truth Social for up to $1.2 million annually on August 11. The paid service provides advance previews of selected presidential statements before public release. Trump's social media posts have pre

U.S. stocks opened cautiously Monday, Aug. 10, with the S&P 500 slipping 0.08% to 7,751.74 and the Dow Jones Industrial Average rising 0.07% to 54,072.66. Investors weighed rising oil prices, Middle East uncertainty and a major week ahead for U.S. inflation data. The S&P 500 entered the session

On Monday (August 10), European natural gas futures jumped sharply amid skepticism over swift LNG transport recovery. ICE UK natural gas futures rose 10.98% to 150.880 pence/therm, while TTF Dutch benchmark futures climbed 12.54% to €61.40/MWh. Market participants remain unconvinced that Iran-Oman n

On August 10, milling wheat futures on Euronext fell 0.75% to €230.25 per tonne in European close trading, while rapeseed futures climbed 1.03% to €538.75 per tonne, rebounding from a recent low of €508.75 on August 3.

According to Ukrainian military, on August 10, Ukraine struck the Taneco oil refinery and ZapSibNeftekhim petrochemical plant in Russian territory, targeting facilities in Nizhnekamsk. The nighttime strike resulted in 13 deaths, including a child, and nearly 40

Geopolitical tensions in the Hormuz Strait have pushed oil tanker rental costs on Middle East routes to nearly $500,000 per day, according to shipping market data. The spike reflects elevated risks to maritime traffic in one of the world's most critical energy

SC Crude Oil September contract closed higher today, gaining 3.66% to 551.6 yuan per barrel. Open interest increased by nearly 1,400 contracts during the session, reflecting notable changes in market positioning.

Brent crude oil surged through $86 per barrel in intraday trading on August 10, marking the first time since July 31, with a daily gain of 5.53%. WTI crude oil rose 5.3% during the same period.

Dutch natural gas futures rose 10.1% today, reaching €61.14 per megawatt-hour.

From 14:45 to 15:00 on August 10, 2026 (UTC), BTC pulled back slightly over the 15-minute period, with a return of -0.31%, a price range of 64,606.1–64,856.5 USDT, and an amplitude of 0.39%. Market trading was subdued, with overall sideways consolidation, while the 24-hour change was -0.62%. The main driver of this market move was a wait-and-see sentiment amid multiple macro factors offsetting one another. On the one hand, the US-Iran conflict in the Strait of Hormuz continued to escalate, with

Last week, U.S. Strategic Petroleum Reserve crude oil inventories fell by approximately 6.1 million barrels, bringing the total to 298.7 million barrels—the lowest level since 1983.

According to Bitget data, WTI crude and Brent crude both surged 5% today (August 10), with WTI reaching $80.17 per barrel and Brent hitting $85.58 per barrel. The price gains follow renewed statements from Iran's Foreign Ministry, which reiterated that U.S. maritime blockades constitute

According to Guru Club, WTI crude oil broke through $81 per barrel on August 10, rising 3.64% intraday.