Commodities (Crude Oil & Copper) & Macro Outlook

WTI crude oil rose 2.00% intraday to $99.97 per barrel, while Brent crude advanced 1.5% to $104.68 per barrel on September 15.

Low sulphur fuel oil futures for December 2026 (LSF2611) rallied intraday, with prices gaining 1.92% to reach 5,732 yuan per ton. Trading volume showed strong momentum, with turnover reaching approximately 2.915 billion yuan and open interest increasing by roughly 3,400 contracts during the

WTI crude oil broke above $104 per barrel today, with intraday gains exceeding 2.3%.

According to India's Ministry of Commerce, the country's imports of petroleum, crude oil, and related products totaled $16.69 billion in August 2026.

According to PANews, U.S. Treasury Secretary Beasent stated on September 15 that real wage growth is outpacing inflation, employment is rising, and a new industrial super cycle is underway. Beasent also commented that oil price increases are a primary factor in the elevated 10-year Treasury

According to sources familiar with the matter, the Abu Dhabi National Oil Company (ADNOC) purchased significant volumes of Iraqi crude at steep discounts amid supply disruptions from the Iran–Iraq conflict in the Persian Gulf. In August, ADNOC agreed to buy 32 million barrels at discounts of $24.9–$

According to Bloomberg, Russia's weekly refining output reached nearly 4 million barrels per day during the week of September 3-9, according to informed sources.

The US Dollar Index rose for a fourth consecutive trading day on September 15, gaining 0.115% to 99.604 at 8:01 AM Eastern Time in New York forex markets. The dollar strengthened amid yen weakness and elevated international oil prices. The yen's decline reflects market expectations that Japan's

Canada's TSX Composite Index declined 0.4% at Toronto market open on Tuesday, as investors showed muted response to Prime Minister Mark Kearney's expanded corporate tax write-off initiative. The energy sector was the sole gainer, supported by rising oil prices. As of 9:53 a.m. ET, the index

According to Gate data, Brent crude oil (XBRUSD) rebounded to $108.42 per barrel as of today, recording a 1.1% decline over the past 24 hours.

Poland's state-controlled energy giant Orlen lost $230 million in a failed Venezuelan oil trade executed in late 2023 that relied heavily on Tether USDT payments, according to a Financial Times report published Tuesday. Orlen Trading Switzerland paid the advance on Dec. 4, 2023, to Dubai-based

According to Financial Times, Tether USDT was used as payment in a failed Venezuelan oil trade that cost Poland's largest energy giant Orlen $230 million in advance payments in late 2023. Orlen wired the $230 million largely in USDT to Dubai-based Hannon International Middle East in December 2023 to

According to Cryptopolitan, on-chain tokenized real-world assets (RWA) have reached $386 billion with holders across 4.24 million addresses. U.S. Treasury securities dominate the market at $159 billion, followed by commodities at $49 billion and active strategies at $36 billion. Ethereum leads by

According to market data, U.S. stock indices opened lower on September 15, with the 10-year Treasury yield hitting a 19-year high of 4.99%, pressuring investor risk appetite. As of 9 p.m. Taipei time, the Dow Jones Industrial Average fell 0.36% to 52,231.88 points, the Nasdaq Composite

According to Reuters, citing three trade sources, Saudi Arabia has canceled crude oil shipments scheduled for September delivery to some European refineries following the closure of its east-west pipeline.

According to Libya's National Oil Corporation, three oil fields suspended production and operations on Tuesday after a small group from the state oil company's security force shut down valves on the Hamada-Zawiya

Kazakhstan will conduct maintenance at the Karachaganak oil and gas field from September 7 to October 1, with production expected to decline by approximately 400,000-450,000 metric tons during the maintenance period, according to official

According to Guru Club, Chinese commodity futures opened mixed overnight on September 15. Ethylene glycol rose 1.51%, Shanghai silver gained 0.87%, copper climbed 0.47%, and aluminum added 0.33%. On the downside, crude oil fell over 2%, fuel oil dropped 1.83%, coking coal declined 1.73%, and glass l

According to Guru Club, ethylene glycol continuous main contract rose 2% to 6,080 yuan on September 15.

According to Odaily, WTI and Brent crude fell nearly $1 in intraday trading, now trading at $97.63 and $102.11 per barrel respectively, based on Gate data.