Commodities (Crude Oil & Copper) & Macro Outlook

According to Bharat Petroleum Corporation executives, the company will significantly reduce its crude oil purchases from Russia in November due to declining commercial viability, despite Russian crude remaining competitively

Bharat Petroleum executives stated the company has been gradually resuming crude oil purchases from the Middle East as regional supply conditions improve. Supply volumes from the region are expected to increase in

According to Saudi Arabia's government, the country's imports fell 9.1% year-over-year in August, while non-oil exports (including re-exports) declined 9.1% in the same period.

According to Saudi Arabia's government, in August 2026, Saudi commodity exports declined 11.5% year-over-year, while oil exports fell 12.5% over the same period.

According to Jin10, methanol futures rallied to hit the daily limit today, surging 6% to 3,389 yuan/ton amid a confluence of geopolitical escalation and supply constraints. Houthi attacks on Saudi Arabia's energy facilities and airports, coupled with a U.S. State Department evacuation order for

From 04:00 to 05:00 UTC on October 26, 2026, BTC staged a recovery, gaining 0.43%, with a price range of 79,573.5–79,963.3 USDT and a 0.49% intrahour price swing. It is currently trading at $79,938.5, still down 1.16% over 24 hours, indicating that the short-term rebound has not eased the broader downward pressure. Market attention remains high, and volatility has increased noticeably. The key factors shaping this move were pressure on risk appetite from geopolitical conflict risks and elevated

From 04:00 to 04:15 (UTC) on October 26, 2026, BTC rebounded over the 15-minute period, posting a return of +0.43% and trading in a range of 79573.5–79963.3 USDT, with an amplitude of 0.49%. Despite the short-term bounce, the current price has retreated from its daily high, while the market remains focused on geopolitical risks and liquidity conditions. The main drivers of this move were uncertainty surrounding the US-Iran conflict and inflation concerns fueled by elevated oil prices. Trump said

According to Guru Club, U.S. natural gas futures fell nearly 5% on October 26, reaching $2.51 per million British thermal units.

According to Guru Club, Chicago soybean futures prices fell to a two-month low on October 26.

According to Jin10 on October 26, Houthi forces claimed to have attacked Saudi Arabia's east-west crude oil pipeline station and Riyadh airport, though Saudi authorities had not immediately confirmed the reports. The Saudi-led Yemen coalition said earlier that it destroyed two ballistic missile

US stock index futures traded mixed in the Asian morning session on October 26 as investors adopted a cautious stance ahead of the Federal Open Market Committee (FOMC) meeting. As of 10:21 AM Korean time, E-mini S&P 500 futures declined 0.02% to 7,658.00 while E-mini Nasdaq 100 futures fell 0.09% to

The Department of Energy (DOE) announced fuel price adjustments effective October 27 to November 2, with gasoline prices rolling back P0.30 per liter while diesel prices rise P1.20 per liter for a second consecutive week. The continued diesel price increases stem from tight international supplies, w

According to the Department of Energy, fuel prices in the Philippines will adjust on October 27 to November 2. Gasoline prices will drop P0.30 per liter, diesel will rise P1.20 per liter, and kerosene will fall P0.50 per liter. The continued pressure on diesel reflects tight global supplies amid

According to Jin10 Futures, polyester bottle flakes in East China rose 100 yuan per ton to 8,900 yuan/ton on Oct 26, driven by escalating Middle East tensions and cost support. Market sentiment remained cautious among downstream buyers, with spot transactions

According to Jin10 Futures, on Oct 26, China's methanol prices rebounded from recent lows, driven by sustained increases in international crude oil prices and reduced regional supplies. Middle East supply chain instability has limited both crude and methanol exports, reducing petrochemical-based

According to Guru Club, Vietnam Oil & Gas Group (PVN) is seeking to procure 3 million MMBtu of spot liquefied natural gas, with deliveries scheduled for November 20-24.

Bank of Korea Governor Shin Hyun-song and Budget Minister Park Hong-geun raised concerns about South Korea's petroleum maximum price system sustainability on October 22 and October 23. The officials warned that prolonged implementation creates structural price distortions and fiscal burdens.

According to Guru Club, coking coal and iron ore futures contracts fell 2% on Oct 26. The coking coal main contract declined to 1,383.5 yuan per ton, while the iron ore main contract dropped to 1,882 yuan per ton during intraday

According to Shanghai Iron and Steel Association data, battery-grade lithium carbonate (MMLC) prices rose 200 yuan per ton this morning, with the mid-price reaching 98,850 yuan per ton compared to 16:30 the previous

Vietnam Petroleum will conduct drilling operations at the Sao Vang-Dai Nguyet offshore oil field in 2027. The field is located in Vietnamese territorial waters.