Commodities (Crude Oil & Copper) & Macro Outlook

According to MarketWatch and FactSet data, the Dow Jones Industrial Average hit its worst opening 10 trading days of September since 2008 on Tuesday (September 15). The S&P 500 and Nasdaq Composite also recorded their worst September starts since 2020. Rising oil prices, increased bond yields, and g

The US dollar rose for a fourth consecutive trading session on September 15, driven by oil supply disruptions in Libya and Saudi Arabia and weakness in the Japanese yen. Treasury Secretary Scott Bessent told Congress that the US conducted "small-scale" foreign exchange intervention in late July, a r

According to Yonhapinfomax, the US dollar rose for a fourth consecutive trading day on September 15, reaching 155.127 yen, up 0.499% from the previous close. The dollar index climbed to 99.638, gaining 0.149 points. The strength came as crude oil prices spiked following production disruptions in

According to Guru Club, U.S. Vice President Vance stated on September 16 that shipping volumes in the Strait of Hormuz have recovered to over 50% of normal levels.

According to Choice data reported by Shanghai Securities News on September 15, China's tungsten sector stocks surged with year-to-date gains exceeding 100%. Analysts attribute the rally to AI-driven demand for computing capacity, strategic stockpiling due to geopolitical risks, and tight supply.

From 21:45 to 22:00 (UTC) on September 15, 2026, BTC fell sharply over the Short-term period, with a Return % of -0.39% within 15 minutes, a price range of 75397.9–75760.3 USDT, and an amplitude of 0.48%. Market risk appetite came under broad pressure, and volatility intensified. The main driver of this move was the upcoming September meeting of the Fed, at which it was expected to announce its first rate hike in three years. CME futures pricing put the probability of a 25-bp rate hike as high a

A majority of Wall Street professionals surveyed by CNBC this week expect the Federal Reserve to raise interest rates multiple times, marking a significant shift in sentiment. The survey of 29 economists, fund managers, and strategists found that 55% anticipate at least two 25-basis-point rate

According to Yonhap Infomax, U.S. 10-year Treasury yields reached 5.0450% on September 15 (NY time), the highest level since July 2007. The rise was driven by concerns over inflation and geopolitical risks, with

According to U.S. Energy Secretary Chris Wright, Saudi Arabia's East-West Pipeline could restart within days, he stated on CNBC. Wright reiterated that the pipeline is likely to reopen "very soon." The secretary noted that Saudi Arabia is taking swift action to divert oil shipments through the

According to CME FedWatch data, the U.S. dollar index (DXY) rose 0.3% to 99.66 on September 15, marking its highest level in two weeks as markets brace for the Federal Reserve's expected rate decision on September 16. The market is pricing in a 94.5% probability of a 25 basis point rate hike, up

According to Britain's Maritime Trade Operations Office, oil tanker ELGAIA was struck by unidentified flying objects near Oman's coast on September 16, triggering a fire in the engine room. Twenty-three crew members were evacuated to safety, though two remain missing. The vessel is being towed to an

According to Reuters, international crude oil prices surged to their highest level in approximately four months on September 15. WTI October futures rose 4.38% to close at $105.83 per barrel, while Brent crude November contracts climbed 2.90% to $108.75/barrel. The rally was driven by supply

According to Baltic Exchange data, the cost of shipping 2 million barrels of U.S. crude from the Gulf of Mexico to Asia via VLCC reached a record $44.8 million as of Tuesday (September 16), up from $39 million the previous day. Prior to the Iran conflict, this shipping route cost

Three major US stock indices fell for a second consecutive day on May 15 (US Eastern Time) as the 10-year Treasury yield broke through the critical 5% psychological resistance level and oil prices surged over 4%. The Dow Jones Industrial Average closed at 52,093.11, down 328.09 points (0.63%), the S

U.S. diesel prices have surged above $6 per gallon while Brent crude remains above $100, driven by supply disruptions in Russia and the Middle East. Russian refinery output has been sharply reduced following Ukrainian drone attacks, with diesel exports from Russia and the Gulf falling by an

On Sept 15, spot silver gained 0.70% to $63.67 per ounce, while COMEX copper futures climbed 0.80% to $6.45 per pound. Spot gold edged down 0.16% to $4,292.85 per ounce. The NYSE ARCA Gold Miners Index fell 0.53% to 2,693.03 points, indicating divergence in commodities markets, while the

According to the American Petroleum Institute, U.S. crude oil imports declined by 45,000 barrels in the week ended September 11, compared to 406,000 barrels in the prior week.

According to the American Petroleum Institute (API), U.S. heating oil inventories declined by 280,000 barrels in the week ended Sept 11, compared to a build of 405,000 barrels in the previous week.

U.S. crude oil imports reached 307,000 barrels per day for the week ended September 11, according to data from the Energy Information Administration, compared to the prior week's net outflow of 59,000 barrels per day.

According to the American Petroleum Institute (API), U.S. crude oil inventories rose 7.144 million barrels last week, a reversal from the previous week's decline of 300,000 barrels.