Commodities (Crude Oil & Copper) & Macro Outlook

Brent crude oil declined 6.00% intraday on May 25 to $94.59 per barrel, while WTI crude fell 6.8% to $93.45 per barrel.

According to Guru Club, PTA futures main contract fell 5% to 5,894 yuan per ton on May 25.

According to BeInCrypto on May 25, U.S. President Trump signaled a patient approach toward Iran nuclear talks, instructing his team not to rush to reach an agreement, while thanking Middle East allies for their cooperation and hinting that Iran may ultimately join the Abraham Accords, triggering a sharp drop in the energy market. Brent crude fell 4.44% to about $98.9 per barrel, while WTI dropped 4.61% to about $92.1 per barrel. Oil Price Decline Data: Confirmed Drops Across Different Energy Com

According to the Washington Post, the U.S. and Iran reached agreement on a memorandum of understanding framework on May 24 to fully reopen the Strait of Hormuz within 30 days following mine clearance, citing an anonymous senior U.S. official. The framework includes a 60-day ceasefire extension

According to Jin10 Data, Japan's Idemitsu Maru oil tanker, operated by Idemitsu Kosan, arrived in Japan on May 25 carrying approximately 2 million barrels of crude oil. The arrival marks the first Japanese tanker to successfully transit the Strait of Hormuz since Middle East tensions escalated. The

According to Malaysian police, a lifeboat rope snapped on May 24 afternoon at an offshore drilling platform in Terengganu, Malaysia, leaving three workers dead and one severely injured. Four workers were descending into the sea in a enclosed lifeboat for platform maintenance when the rope suddenly d

According to Shanghai Steel Union, MMLC battery-grade lithium carbonate reached a mid-price of 179,250 yuan per ton in early trading today (May 25), up 1,000 yuan per ton from yesterday's 16:30 closing price.

According to a recent institutional briefing on May 25, Huichuan Technology adjusted prices in response to rising raw material costs, with smooth price transmission in the industrial automation sector. The company noted that first-quarter orders were strong but delivery fell short of expectations d

Fuel oil 2609 futures fell 5.58% to 3,890 yuan per ton during intraday trading on May 25, with open interest declining by 17,300 contracts as positions eased.

According to data released by the Korea International Trade Association on May 24, South Korea imported 4.49 million barrels of crude oil from the Middle East in April, down 37.3% year-over-year, amid regional geopolitical tensions. Total crude oil imports reached 8.46 million barrels in April, dow

According to People Finance, Hong Kong Exchanges and Clearing (HKEX) recently declined to comment on whether it has launched research into algorithmic power futures products, citing no information available at this time. The exchange said it would announce any related developments to the market as s

Bitcoin (BTC) rebounded from the weekend low, temporarily around $77,240 as of May 25. A New York Times investigation found that U.S. Commodity Futures Trading Commission (CFTC) officials who questioned the prediction market were suspended and sidelined. Bitmine increased its holdings of Ethereum to a total of 5.3 million ETH, and revealed it has been added to the Russell 1000 index candidate list. Macroeconomic Events & Crypto Hot Spots 1、According to a CoinTelegraph report citing a New York Ti

On May 25 during early morning trading, most commodity ETFs showed gains, with Southern Shanghai Gold ETF, E Fund Gold ETF, and Bosera Gold ETF climbing. China Guotai Pacific Silver Futures (LOF) and Tianhong Shanghai Gold ETF surged over 1%. Only Jianxin Energy and Chemical Futures ETF declined

According to Guru Club, on May 25, coke and coking coal futures hit the daily limit. Shanghai silver and industrial silicon surged over 3%, while crude oil fell over 5%. Fuel oil and LU fuel oil declined over 4%, with liquefied petroleum gas down over 3% and container routes to Europe falling over 2

Bitcoin rebounded on May 25 to above $77,000, while Brent crude slipped below $100 to around $98.83. U.S. President Trump on Sunday confirmed that there is a draft agreement between the U.S. and Iran, saying the deal has not yet been fully finalized and urging the public to stop adding unwarranted criticism about the situation; a White House official said the U.S. and Iran still need a few days to sign the agreement. An Axios source said the U.S. and Iran are close to reaching a memorandum of un

According to Jin10 Futures, on May 25, fuel oil market sentiment turned cautious with traders adopting a more reserved stance on purchases. Market buying interest remained weak, with the trading focus expected to shift lower

According to Jin10, due to U.S. Memorial Day, CBOT agricultural futures, ICE raw sugar, and cotton futures will close on May 26. ICE Brent crude oil futures trading will end early at 01:30 UTC+8 on May 26. CME precious metals and WTI crude oil futures will halt trading at 02:30 UTC+8, while U.S.

According to China National Petroleum Corp., the Shengli Jiyang shale oil national demonstration zone reached cumulative production of 2 million tons on May 25. The zone has confirmed reserves of 3.27 billion tons and estimated resources of 10.5 billion tons, equivalent to discovering a new large oi

According to dealers, India raised diesel prices by 2.71 rupees per liter and petrol prices by 2.61 rupees per liter in the latest price adjustment.

According to China Securities Futures analyst Yang Jiaming on May 25, Middle East fuel oil exports have collapsed 68% from January to April due to ongoing geopolitical tensions affecting the Strait of Hormuz, according to Kpler data. With the strait remaining blocked, high-sulfur fuel oil is