Commodities (Crude Oil & Copper) & Macro Outlook

Following the latest EIA inventory report showing an unexpected increase in diesel stockpiles, US diesel futures gains narrowed to +4.8%, retreating from earlier strength.

From 16:00 to 16:15 UTC on September 10, 2026, BTC plunged 0.35% in 15 minutes, with its price retreating from 77,314.8 USDT to 76,913.2 USDT and its price range reaching 0.52%. Risk-averse market sentiment rose significantly, with BTC giving back approximately $200 from its intraday high. The main driver of this move was the sharp escalation of the US-Iran military conflict. Since September 4, Iran has launched large-scale ballistic missile attacks against US naval forces, disrupting commercial

On September 11, markets will see the release of key economic indicators including U.S. consumer price index (CPI) for August, U.K. gross domestic product (GDP) for July, and the International Energy Agency (IEA) crude oil report. The releases are expected to influence risk sentiment across

According to Bloomberg, North American Blue Energy Partners (NABEP), a Venezuela-based crude producer backed by the U.S. government, plans to increase daily oil production to 500,000 barrels by the end of 2028, more than doubling its current output of 200,000 barrels per day. The expansion is part o

According to CNBC, Kalshi launched gold and silver perpetual futures contracts on Sept. 11 following approval from the U.S. Commodity Futures Trading Commission (CFTC). The platform previously disclosed that its commodity-related contracts exceeded $400 million in monthly trading

According to the U.S. Energy Information Administration (EIA), crude oil net imports at U.S. refineries rose to the highest level since August 2019 in the latest week.

According to the U.S. Energy Information Administration (EIA), American imports of crude oil from Nigeria in the latest week rose to the highest level since July 2025.

According to EIA data compiled by Jin10, U.S. crude oil production for the week ended September 4 posted its largest weekly gain since early June 2026, marking the sixth consecutive week of increases. Strategic petroleum reserves fell to their lowest level since November 1982. Separately, refinery d

According to the Energy Information Administration (EIA), U.S. distillate fuel oil implied demand rose to 5.2349 million barrels per day for the week ending September 4, up from 5.1253 million barrels per day in the previous week.

According to the U.S. Energy Information Administration (EIA), crude oil production implied demand fell to 20.827 million barrels per day for the week ended September 4, down from 21.268 million barrels per day in the prior week.

According to EIA data, U.S. refined oil inventory declined by 2.087 million barrels in the week ending September 4, compared to the previous week's increase of 796,000 barrels.

According to the U.S. Energy Information Administration, refinery equipment utilization rate declined 0.2% for the week of September 4, compared to the previous week's reading of 0.6%.

According to EIA, Cushing crude oil inventories declined 68.4 million barrels in the week ending September 4, reversing the prior week's increase of 800,000 barrels.

According to the U.S. Energy Information Administration (EIA), American crude oil inventories decreased by 0.391 million barrels in the week ending September 3. This compares to a 4.45 million barrel decline the previous week. Bloomberg users had forecast a 0.111 million barrel decrease, while

According to the EIA, U.S. refinery operating rates stood at 97.8% for the week ending September 4, exceeding expectations of 97.3% and declining slightly from the prior week's 98%.

According to EIA data, U.S. Strategic Petroleum Reserve inventory fell by 1.244 million barrels in the week ending September 4, compared to a decline of 3.122 million barrels the previous week.

According to EIA data, U.S. crude oil imports reached 1.12 million barrels in the week ending September 4, compared with a decline of 0.79 million barrels in the prior week.

According to the U.S. Energy Information Administration, crude oil inventories at Cushing, Oklahoma declined by 684,000 barrels for the week ended September 4, compared with an increase of 80,000 barrels in the prior week.

According to the Energy Information Administration, U.S. refinery crude oil production rose to 222,000 barrels per day for the week ended September 4, up 231,000 barrels daily from the prior week.