Commodities (Crude Oil & Copper) & Macro Outlook

According to an Indian Oil Corporation executive, the company set domestic airline jet fuel prices at 115 rupees per liter for August, up 5 rupees from July's 110 rupees per liter.

According to an Indian Oil Corporation executive, the company's refining capacity expansion will increase its crude oil processing volume to 85 million tonnes in the fiscal year 2027-28.

According to Guru Club, Brent crude oil broke through $90 today (August 1), rising 5.2% intraday. WTI crude oil surged above $86, up 5.3% in the same period.

High-dividend, oil, and China-related exchange-traded funds (ETFs) in South Korea delivered double-digit returns in July despite the KOSPI index falling over 20% during the month's adjustment period, according to data from ETF체크 released on July 1. RISE 200고배당커버드콜ATM led all non-leveraged and non-in

According to ETF Check, high-dividend South Korean ETFs delivered double-digit returns in July despite the KOSPI index falling over 20%. The RISE 200 High-Dividend Covered Call ATM led gains with an 18.15% return, combining investments in high-dividend stocks with covered call strategies to

According to the UK Maritime Trade Operations Office, reports were received today of an incident occurring approximately 21 nautical miles northeast of Hasab in Oman. The tanker's captain reported observing a large water spray and explosion near the vessel. No ship damage has been reported so

South Korea and Argentina signed their first official government cooperation document on critical minerals on May 31 (local time), as Minister of Trade, Industry and Energy Kim Jung-kwan formalized the 'Korea-Argentina Critical Minerals Cooperation MOU' with Argentina's Ministry of Economy during

According to Citrini data, South Korea's DRAM export price reached a record high of $91,931 per kilogram in July, marking the highest level in the commodity's trading history as of August 1.

According to ETF Check, South Korea's dividend-focused and commodity-linked exchange-traded funds posted strong gains in July despite the KOSPI index falling over 20% during the month. The top-performing ETF was RISE 200 High Dividend Covered Call ATM, which gained 18.15% in July. High-dividend, com

According to Jin10, Iran's Revolutionary Guards seized two oil tankers in the Strait of Hormuz on August 1, with U.S. officials confirming President Trump has ordered a new round of military strikes to begin as early as this weekend and potentially continue for several days. The U.S. and Israel

LS Securities issued a report on the 1st stating that investors should consider alternative sectors as semiconductor stocks experience volatility. The brokerage firm noted that KOSPI has declined approximately 40% from its peak, recording a drop comparable to past financial crisis periods,

According to Iran's Tasnim news agency, on August 1, Iranian officials stated the country has prepared a comprehensive plan to counter potential U.S. and Israeli attacks on its infrastructure. The response plan includes strikes on Israeli critical infrastructure and American energy facilities in the

South Korea's exports reached $98.89 billion in July, a 62.8% year-over-year surge that marks the second-highest monthly total on record, driven by continued semiconductor demand. The figure exceeded the market consensus of $97.83 billion and extended a 14-month streak of record-breaking

According to Yahoo Finance, shipping traffic through the Strait of Hormuz hit a new low on July 31, with vessel-tracking firm Kpler data showing only 5 ships transiting on Thursday. All vessels took the northern route closer to Iran, with none using the southern channel near Oman preferred by the

According to the company statement released on Friday, Norilsk Nickel posted first-half EBITDA of $39.4 billion, up 50% year-over-year. The nickel producer's H1 revenue reached $83.0 billion, up 28% compared to the same period last year, with an EBITDA margin of 47%.

According to its official statement, Norilsk Nickel reported H1 2026 EBITDA of $3.94 billion, up 50% year-over-year. Revenue reached $8.3 billion, representing 28% growth, with EBITDA margins of 47%. The company generated free cash flow of $1.15 billion during the

South Korea's July exports grew 62.8% year-over-year, surpassing the 59% forecast but declining from 70.9% growth recorded in June.

According to Korean customs data, South Korea's imports rose 26.5% year-over-year in July 2026, missing the forecasted 27.8% and declining from 30.1% in the previous month.

According to earnings reports released in Q2, Exxon Mobil and Chevron warned that the ongoing Iran conflict, combined with reduced Chinese refined oil exports and Russian refinery disruptions, will keep global diesel and refined product supplies tight through the second half of 2026, supporting