Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10 Futures on September 15, China's downstream chemical products showed divergence amid surging international crude oil prices driven by Middle East geopolitical risks. Upstream commodities near the crude oil end gained strong cost support, while downstream chemical products

According to shipping data provider Kpler on September 15, only 4 bulk carriers transited the Hormuz Strait on Monday, down sharply from 10 vessels the previous day. The disruption follows attacks on Saudi oil infrastructure. Shell executives reported the global liquefied natural gas market has

Germany's wholesale price index increased 6.8% year-over-year in August, up from 5.3% in the previous month.

According to Jin10, Oman LNG's CEO stated on Tuesday, Sept. 15, at an industry forum in Bangkok that the Strait of Hormuz crisis will end soon and will not alter the company's long-term expansion plans. The executive said the company continues planning to increase production over the coming years an

According to Jin10, ExxonMobil's head of LNG market development Andrew Barry said on Tuesday (Sept 15) that the current Middle East LNG supply disruption is short-term. Speaking at an industry event in Bangkok, Barry stated the company views the situation as temporary, and emphasized the region's lo

According to CME data, on September 14, energy and precious metals futures showed mixed performance. Brent crude oil trading volume increased 3,699 contracts to 273,911, with open interest rising 3,786 contracts to 263,308. Natural gas saw a significant surge, with trading volume jumping 219,622 con

Latvia's national carrier airBaltic filed for Chapter 11 bankruptcy protection in the United States on Monday as soaring fuel prices and mounting debt push the airline into one of the biggest restructurings in its history. The airline voluntarily filed in New York and plans to continue operating

According to airBaltic's official statement, on Monday (Sept. 14) the Latvian carrier filed for Chapter 11 bankruptcy protection in New York to restructure its finances amid soaring fuel costs. The airline secured commitments for €350 million ($405 million) in financing from lenders including

According to Yonhapinfomax, investor Michael Burry, known as the real-life protagonist of the film 'The Big Short,' recently recommended short-selling the U.S. dollar and investing in premium Bordeaux wine on his blog. Burry warned that artificial intelligence and quantum computing will threaten

The Philippine Department of Energy (DOE) certified that Dubai crude oil prices averaged $99.41 per barrel from August 13 to September 11, exceeding the $80-per-barrel threshold under Republic Act No. 12316 and triggering consideration of fuel excise tax relief. The DOE transmitted its

According to CME FedWatch data, the Federal Reserve will decide interest rates on September 17, 8am KST (September 16, 2pm ET) following an FOMC meeting. Market participants currently price in a 93.6% probability of a rate hike, as the decision comes amid rising crude oil prices driven by Middle

According to FAO official Oleg Kobyakov, shipping disruptions in the Strait of Hormuz are projected to reduce global grain production and supply from the second half of 2026 through 2027. The disruptions will drive grain prices higher and disrupt fertilizer supply chains, particularly for urea

Gold prices declined over 1% to approximately $4,355.85 per ounce, recording an intraday low of $4,323.78 on September 10, as oil prices increased due to Middle East supply disruptions. The decline stems from rising inflation concerns that could prompt the Federal Reserve to maintain tighter

According to Crypto Briefing, spot gold prices fell over 1% to around $4,355.85 per ounce on September 10, with an intraday low of $4,323.78, amid rising oil prices triggered by Middle East supply disruptions. The decline reflects growing inflationary concerns that could prompt the Federal Reserve t

According to Jin10 Futures, crude oil prices surged yesterday before retreating as U.S. President Trump's reassurances about Russia-Ukraine ceasefire on energy infrastructure and potential Iran talks sparked a selloff. Prices recovered subsequently, ending the session moderately higher. The market r

According to Jin10, India's central bank announced on September 15 it will withdraw 1 trillion rupees (approximately 12 billion USD) from the banking system through sovereign bond sales. Following the announcement, the five-year bond yield climbed 13 basis points while the benchmark 10-year yield ro

According to Jin10, Malaysia's BMD benchmark November crude palm oil futures rose 22 ringgit (0.45%) to 4,872 ringgit per metric ton in early trade on September 15, supported by strengthening international crude oil prices. The gains followed supply disruption concerns linked to Saudi Arabia's

According to U.S. Energy Secretary Chris Wright, Saudi Arabia's east-west pipeline halted after a drone attack on Sept. 14. The line can transport up to 7 million barrels daily and currently carries 4 million barrels to Red Sea ports, representing approximately 4% of global supply. The pipeline

According to Japan's Economy Minister Akira Akasawa, the country does not need to release oil reserves in October.

According to Guru Club, on September 15, Nickel Industries suspended capacity ramp-up at its Excelsior nickel-cobalt plant in Indonesia's Sulawesi region, operating at 30% of nameplate capacity due to water supply restrictions caused by El Niño-induced drought. The Sydney-listed company said the pla