Commodities (Crude Oil & Copper) & Macro Outlook

According to the U.S. Energy Information Administration (EIA), U.S. natural gas inventories last week increased by 9.5 billion cubic feet, below analyst expectations of 9.956 billion cubic feet. The weekly increase represented a 3.83% gain compared with the prior week's 3.85% growth, bringing

According to the EIA report, U.S. natural gas inventories totaled 2.578 trillion cubic feet for the week ended May 29, increasing by 95 billion cubic feet from the prior week. Year-over-year, inventories declined by 3 billion cubic feet, or 0.1

According to the Energy Information Administration (EIA), U.S. natural gas inventories increased to 950 billion cubic feet for the week of May 29, up from 920 billion cubic feet in the prior week.

According to European ARA port data, gasoline inventories in the Amsterdam-Rotterdam-Antwerp (ARA) hub fell to 1.032 million tonnes this week, down 81,000 tonnes from the previous week. Naphtha stocks rose to 458,000 tonnes, up 82,000 tonnes. Fuel oil inventories increased to 575,000 tonnes, while

The U.S. Energy Information Administration (EIA) will release its weekly natural gas inventory report for the week ending May 29 in approximately 10 minutes.

According to Fitch, the Strait of Hormuz has remained closed for 14 weeks, with the rating agency assuming reopening will begin in July 2026. Due to the prolonged closure impact, Fitch raised its 2026 average Brent crude oil price forecast from $70 per barrel to $87 per barrel, reflecting

According to Fitch Ratings, the global growth forecast for 2026 has been downgraded by 0.2 percentage points to 2.4% due to the oil price crisis sparked by the U.S.-Iran conflict.

U.S. natural gas futures expanded gains intraday on June 4, rising 3.00% to trade at $3.311 per million British thermal units (MMBtu).

From 12:15 to 12:30 UTC on June 4, 2026, BTC quickly rebounded within 15 minutes, with a return of +1.19%. The price ranged from 62,522.3 to 63,397.6 USDT, with a swing of 1.40%. Earlier, Bitcoin had been plummeting for consecutive days. During the June 4 Asian session, it briefly broke below the $62,000 level to $61,338. Over the prior 24 hours, the drop was about -3.6%. This rebound is a technical correction after consecutive declines. The main driver of this move is the resonance between cont

According to Gate data, on June 4, WTI crude futures fell 4.20% to $91.991 per barrel, while Brent crude dropped 3.88% to $94.011 per barrel. Spot gold climbed to $4,500, gaining 1.49% intraday, and spot silver advanced 2.04% to $74.18 per

According to CoinDesk, Moomoo, the overseas brand of Futu Holdings, has partnered with Kalshi to offer CFTC-regulated event contracts to eligible users. The service enables users to trade contracts linked to events including Federal Reserve interest rate decisions, inflation data releases,

According to Jin10, WTI crude oil fell 4% to $93.98 per barrel on June 4, while Brent crude declined 3.74% to $93.71 per barrel.

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Brent crude oil fell below $94 per barrel on June 4, declining 3.38% during intraday trading.

Indian government officials announced recently that a price stabilization fund will support aviation fuel retailers if fuel prices exceed 115 rupees per liter, according to statements from officials.

According to Russian Deputy Prime Minister Alexander Novak, on June 4, the international oil market could face substantial supply shortages in the coming months if the Middle East conflict continues, Xinhua

According to Bitget market data, on June 4, WTI crude oil fell below $96 per barrel, down 2.03% intraday, while Brent crude retreated below $95 per barrel, down 2.36% intraday.

According to Shanghai Futures Exchange, as of June 4, warehouse receipts across 23 commodities showed mixed movements. Alumina led gainers with receipts increasing 13,238 tons to 422,363 tons, while hot-rolled coil fell 10,897 tons to 453,480 tons. Silver climbed 8,473