Commodities (Crude Oil & Copper) & Macro Outlook

According to the China Iron and Steel Association (CISA), on September 15, the industry launched a self-discipline initiative on production control and inventory reduction. The CISA cited market challenges including weak demand, high inventory levels, and declining steel prices, which have

According to Jin10 Data, a South Korean ruling Democratic Party lawmaker stated on Tuesday (Sept. 15) that U.S. President Trump will announce details of Seoul's planned investment in the United States on Friday (Sept. 18). Rep. Yoon Hoo-deok made the remark during a lengthy hearing with Finance

According to Jin10, on September 15, Russian Foreign Minister Sergey Lavrov stated that Russia will continue to fulfill its obligations to supply oil and grain to global markets despite efforts by the EU to impound Russian vessels. Lavrov made the remarks at an ambassadorial roundtable on the

According to the Financial Times, Poland's state-owned oil refiner Orlen's Swiss subsidiary OTS lost approximately $345 million after attempting to purchase U.S.-sanctioned Venezuelan crude oil using stablecoin USDT in April 2024. Funds evaporated during multilayered intermediary transfers, and Vene

According to a statement from China Shenhua in September 2026, the company's oil product sales reached 108,000 tons in August, surging 272.4% year-over-year. Cumulative oil product sales for the first eight months reached 699,000 tons, up 353.9% compared to the same period last year. Commercial

Libya's Minister of Oil and Gas announced the country plans to increase natural gas production to 4 billion standard cubic feet per day over the next 3-5 years.

According to BMO Capital Markets data, on September 15, the one-month rolling correlation between WTI crude oil and U.S. 10-year Treasury yield surged to 0.96, the highest level since June 2019, signaling synchronized price movements that are intensifying market concerns about inflation and

According to President Zelensky, Ukraine's armed forces achieved new results at the Syzran refinery on September 15. Additionally, Ukrainian forces attacked a drone production facility in Taganrog and a drone preparation and launch base in Oryol region. Targets in the Black Sea area were also

According to Jin10, citing commodity strategist Jeff Currie, U.S. gasoline prices face an extremely high risk of reaching $5 per gallon before the midterm elections on November 3, 2026. The shortage, initially confined to refined products, has now spread upstream to crude oil, entering a dangerous n

WTI crude oil futures rose $2.00 per barrel today (September 15), closing at $103.89/barrel, a gain of 1.96%.

According to Odaily, on September 15, European stock markets fell broadly with Italian shares under particular pressure, while U.S. stock futures declined ahead of the Federal Reserve's monetary policy decision. S&P 500 futures dropped 0.4%, and Nasdaq futures fell 0.3% intraday. Multiple factors i

According to CNBC, on September 15, the U.S. Attorney's Office for the Southern District of New York filed a civil forfeiture action seeking to seize over $61 million in cryptocurrency allegedly derived from Iran's circumvention of sanctions through crude oil and petroleum product sales. The funds w

According to institutional analysis cited by Jin10 on September 15, UK household energy bills are projected to surge approximately 25% in January as Iran-related tensions push up wholesale electricity and gas prices. The research forecasts that rising energy costs could push UK inflation above 4% ne

According to a pricing document reviewed by Reuters today (September 15), Kuwait raised its official selling price for October Asian crude exports to a discount of $2.75 per barrel to the Oman/Dubai average. The adjustment applies to Kuwait Export Crude and super-light crude

Oil prices and US Treasury yields reached a 1-month moving correlation coefficient of 0.96, the highest synchronization in approximately 7 years since June 2019, according to BMO Capital analysis reported on 14일(현지시간). The correlation intensified as Middle East geopolitical tensions pushed West

Nigeria Liquefied Natural Gas Co. (NLNG) targets launching its seventh liquefied natural gas production line by the end of 2027.

According to Shanghai Futures Exchange data released by Jin10 on September 15, 2026, copper futures inventory increased 10,003 tons to 31,850 tons; aluminum futures inventory decreased 2,978 tons to 202,022 tons; silver futures inventory rose 20,725 thousand kg to 1,425,936 thousand kg. Other