Commodities (Crude Oil & Copper) & Macro Outlook

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.

ARK Invest CEO Cathie Wood stated that widespread adoption of AI-powered commerce could create significant opportunities for Bitcoin and stablecoins. Wood identified Bitcoin and stablecoins as the two digital assets positioned to benefit most from agent commerce, where AI agents handle purchases,

According to a company statement, Grain LNG, which operates Britain's largest liquefied natural gas import terminal, has appointed Peter Abdo as chief executive officer, effective October. Abdo is an energy trading veteran with over 30 years of experience in LNG, natural gas, and commodities

Iran's Supreme National Security Council reiterated conditions for fully reopening the Strait of Hormuz, including ending U.S. naval blockades, withdrawing American military forces from the region, and unfreezing Iranian assets. Tehran also demanded reparations for recent conflict losses and

From 13:00 to 14:00 UTC on August 10, 2026, BTC fluctuated within a narrow range of 64,847.7–64,905.8 USDT, posting a return of just +0.02% and an amplitude of 0.09%. It is currently trading at approximately $64,662, down 0.86% over the past 24 hours. The combination of low trading volume and a modest decline indicates limited market participation, with the broader market remaining extremely range-bound. Several industry-specific negative factors contributed to BTC’s weak performance. First, the

Intraday on August 10, Brent crude oil rose 2.5% to $85.65 per barrel, while WTI crude oil gained 2.5% to $80.14 per barrel.