Commodities (Crude Oil & Copper) & Macro Outlook

According to people familiar with the matter, Saudi Aramco is nearing a $10 billion revolving credit facility agreement with multiple international banks today, October 26. The deal will be arranged by lenders including Citigroup, HSBC, JPMorgan Chase, and Bank of Tokyo-Mitsubishi UFJ, according to

According to the dYdX Foundation, the dYdX community has initiated an on-chain governance vote to close multiple trading markets, with voting concluding on October 29 at 8:40 PM UTC. The markets targeted for closure include ENA, ONDO, WLFI, TRUMP, WIF, WTI crude oil, and XAG silver. The proposal

Major central banks including the Federal Reserve, European Central Bank, Bank of Japan, Bank of Canada, and Reserve Bank of New Zealand are holding policy meetings during the week of October 26, 2026, with interest rates widely anticipated to remain on hold in the near term. Crude oil prices

According to FinanceFeeds, global financial markets this week face a convergence of high-impact central bank policy decisions, geopolitical energy pressures, and cautious corporate earnings guidance. Major central banks—including the Federal Reserve, European Central Bank, Bank of Japan, Bank of

According to Jin10, raw sugar futures fell 4.2% to 19.40 cents per pound on Monday, with prices dipping as low as 19.33 cents—the lowest level since early October. The decline followed Brazil's real currency weakness after President Luiz Inácio Lula da Silva secured re-election. A weaker real

Crude oil futures main contract surged 2.00% intraday on October 26, trading at 5,343 yuan per ton.

According to AXIOS, U.S. Democratic lawmakers demanded on October 26 that major banks and ports retain all records related to potential Russian diesel imports or other transactions involving Russian diesel. The move aims to preserve evidence for potential investigations into Trump administration

According to external reports, Nornickel announced on Monday, October 26, that a planned major overhaul of a key flash smelting furnace at its Nadezhda facility will reduce its critical metals production in 2027 and potentially 2028, while reaffirming its 2026 output guidance. The company

As of 20:30 Beijing time, WTI crude oil futures declined 2.17% while U.S. natural gas futures fell 1.15%.

As of 8:30 PM Beijing time on October 26, New York gold futures rose 0.67%, silver futures climbed 0.60%, and copper futures gained 0.28%.

According to Jin10 Futures citing Huawen Futures research, methanol futures hit the daily limit on October 26, with the main contract closing at 3,389 yuan per ton, up 6%. The surge was driven by escalating Middle East geopolitical risks, with increased ship incidents in the Strait of Hormuz and

According to Jin10 Data, Indian refiners are reducing purchases of Russian crude oil and shifting toward Persian Gulf supplies as shipping costs surge, making long-distance transport economically unviable as of late

According to Jin10 Futures on Oct 26, Yemen's Houthi forces launched 7 strikes using missiles and drones against multiple targets within Saudi Arabia on Oct 24, in response to Saudi airstrikes on Houthi-controlled areas over the previous 24 hours. Meanwhile, former U.S. President Trump said on Oct 2

According to Jin10 data on October 26, Canadian heavy crude oil commanded near-record premiums in Asia, with Cold Lake crude delivered to South Korea priced $9.50 per barrel above Dubai benchmark in September, the highest on record, according to S&P Global Platts data. The premium averaged $4.33 per

According to BlockBeats, on October 26, Hyperliquid's native altcoin trading volumes have contracted sharply, with stock and equity index contracts now outpacing crypto assets. In the past 24 hours, 13 altcoin contracts exceeded $10 million in volume, compared to 23 stock-related contracts; at the $

In US Stock Market News, major indices pulled back from record highs on Wednesday as Treasury yields surged, with the S&P 500 slipping 0.2 per cent and the Dow Jones Industrial Average dropping 341 points, or 0.7 per cent. The Nasdaq composite also fell 0.2 per cent from its own record. The

According to CNN analysis of AAA data, U.S. gasoline prices during Trump's second term have already surpassed average levels from Biden's administration. The number of days in 2026 when U.S. gasoline prices reached or exceeded $4 per gallon has broken records set during the previous administration,

US Stock Market News showed strong gains on Monday as the S&P 500 climbed to within 0.3 per cent of its all-time high set during the summer, driven by major acquisition announcements. The market rally was fueled by buyout deals in the software

According to Jin10 Futures, Zhengzhou cotton futures declined 70 yuan/ton during the week ending October 26, as the market lacks clear single-directional drivers and trades within a consolidation range. Domestically, Xinjiang cotton harvesting and processing continue to increase market supply,