Commodities (Crude Oil & Copper) & Macro Outlook

According to Goldman Sachs, partner Mark Wilson outlined three major headwinds constraining U.S. equities following a strong second quarter, when the Nasdaq surged 32% and the Philadelphia Semiconductor Index jumped 87%. The challenges include the historical pattern of midterm election cycles,

According to Jin10, on September 14, ECB policymaker Kazimierz Kazmierz warned that eurozone inflation could exceed already-raised forecasts, with natural gas and electricity prices becoming key concerns. The central bank conducted its second rate hike of the year last Thursday and raised multiple i

According to Bloomberg, U.S. President Donald Trump stated he previously warned Ukrainian President Volodymyr Zelensky to stop attacking Russian oil refineries. Ukraine's strikes have halted diesel production and driven prices to record

An ExxonMobil executive forecasted that U.S. liquefied natural gas supply will grow to approximately 30% of global LNG supply by 2030.

ECB Governing Council member Simkus noted that the European Central Bank must pay attention to energy prices ahead of its October policy meeting.

According to Iran's Foreign Ministry, spokesperson Baghaei denied today (September 14) that Iran participated in attacks on Saudi oil pipelines. Baghaei stated Iran has no involvement in matters related to Yemen and completely rejected the

WTI crude oil surged 2.82% to $99.33 per barrel on Sept 14, while Brent crude rallied over 3% to $104.72 per barrel today.

According to IIR Energy, as of the week ending September 18, U.S. refiners expect approximately 494,000 barrels per day of capacity to remain offline, reducing available refining capacity by 44,000 bpd. For the week ending September 25, offline capacity is projected to increase further to 544,000 b

European stocks opened lower on September 14 amid rising oil prices, with STOXX 50 down 0.6%, Germany's DAX down 0.3%, France's CAC 40 down 0.4%, Spain's IBEX down 0.3%, and Italy's FTSE MIB down 0.5%, according to Jin10. The UK's FTSE 100 gained 0.3%. Oil price surges heightened inflation

According to Jin10 Futures, on September 14, warehouse inventory changes at Shanghai Futures Exchange's energy and chemical division included: pulp futures warehouse inventory reached 417,333 tons (up 4,542 tons); petroleum bitumen futures plant inventory rose to 81,000 tons (up 49,510 tons).

According to Shanghai Exchange data reported by Jin10 on September 14, warehouse receipt inventories for metals and precious metals showed mixed movements: copper futures increased 993 tons to 21,847 tons; aluminum futures fell 7,073 tons to 205,000 tons; zinc futures rose 3,114 tons to 96,315 tons;

According to ICE data, UK near-month natural gas prices rose 5.3% to 208.73 pence per thermal unit, while Dutch near-month wholesale prices climbed 5.5% to €83.9 per megawatt-hour.

According to Trading Economics, Brent crude rose to $106.69 a barrel, up $2.08 or 1.99%, on Monday, September 14, 2026, while WTI advanced to $102.00, up 1.95%. Gulf News quoted the November Brent contract at $107.54, up 2.8%. Oman postponed the GCC-Iran meeting on managing Strait of Hormuz

According to Jin10, Saudi Arabia shut down the East-West Pipeline serving the Yanbu port facility in the Red Sea on Friday following a drone attack from Iraq, prompting Asian refineries to seek clarification on operations status. At least four refineries have inquired about pipeline damage details w

Switzerland's producer and import price index declined 0.7% year-on-year in August, improving from the previous month's 1.4 percentage point decrease of -2.10%, according to official economic data.

According to reports, Pakistan's GasPort, one of the country's two major liquefied natural gas import terminals, plans to purchase U.S. LNG shipments on September 14 to fill supply gaps from the Persian Gulf and ease months-long energy shortages. GasPort Chairman Iqbal Z. Ahmed stated: "If we look t

According to Jin10 data, SC crude oil futures hit a record high of 900 yuan/barrel on September 14, surging 11.12% intraday. In a separate development, Iraq signed a 25-year contract with private energy firm KEPPT to develop the AJIL oil field, planning to raise natural gas output from 1.35

According to PETRONAS, the Malaysian national oil company has signed a liquefied natural gas (LNG) supply agreement with METLEN to enhance energy security and diversify supply sources in Southeast Europe.

According to APK-Inform, Ukraine's agricultural information and advisory agency, the country raised its 2026 corn harvest forecast to 32.3 million tons from 29.8 million tons, an increase of 2.5 million tons.

According to Payden&Rygel, U.S. Treasury yields rose last week, driven by rising oil prices and resilient economic growth, despite various economic shocks. The investment management firm attributed the strength partly to sustained artificial intelligence-related capital spending by mega-cap