Commodities (Crude Oil & Copper) & Macro Outlook

According to Iranian state news agency Tasnim, Iran's Deputy Foreign Minister on July 29 proposed negotiations with Oman over temporary shipping lanes in the Strait of Hormuz. Iran demands that incoming maritime traffic be entirely controlled by Iran, with Iranian control also extending to part of o

July 28, 2026, 17:00–17:15 (UTC): Within 15 minutes, BTC plunged 0.36%, falling from 64,037.6 USDT to around 63,796.2 USDT. The amplitude was 0.38%. Overall, the market shifted into a clear risk-off posture, with volatility noticeably increasing. The key driver behind this move is the sharp contraction in market risk appetite ahead of the Fed’s policy meeting. Current market pricing implies a 68.5% probability of keeping interest rates unchanged, but a 31.5% chance of a rate hike still creates m

The first of two critical equipment modules for Ineos's €5 billion petrochemical project in Antwerp, Belgium arrived today after being held up in the Strait of Hormuz for an extended period.

According to Jin10, on July 29, Iran's Deputy Foreign Minister stated that the Strait of Hormuz will never return to its pre-war state. He added that Iran has informed France and the United Kingdom that any deployment of their military

Alex Svanevik, CEO of onchain analytics firm Nansen, stated on The Block's daily show The Starting Block that AI trading agents will overtake human traders within roughly two years. The company has processed over $500 million in trading volume since launching its direct trading feature and is

WTI crude oil declined 5.0% during intraday trading on July 28, falling to $78.43 per barrel.

The Depository Trust & Clearing Corporation (DTCC) revealed in a post on X that more than $1.2 trillion in U.S. Treasury cash transactions are already centrally cleared through the Fixed Income Clearing Corporation (FICC) each day, and that 79% of surveyed FICC Government Securities Division (GSD)

According to the Depository Trust & Clearing Corporation (DTCC), more than $1.2 trillion in U.S. Treasury cash transactions are already centrally cleared through the Fixed Income Clearing Corporation (FICC) each day. The organization reported that 79% of surveyed FICC Government Securities

On July 28, 2026, 13:30–13:45 (UTC), BTC plummeted 0.51% within 15 minutes. The price fell from about 63,392 USDT to 62,889.7 USDT, with a range of 0.79%. Over the past 24 hours, BTC dropped from a $65,710 high to $62,974, a decline of 4.10%. Market volatility has surged significantly, and short-term risk appetite has rapidly cooled. The main drivers behind this move are multiple overlapping macro negative factors. On one hand, expectations for Fed rate hikes have sharply warmed: the probability

According to Yonhap Infomax, on July 28 at 7:36 a.m. ET, the Dollar Index (DXY) rose to 101.561, up 0.047 points (0.046%) from the previous close of 101.514, driven by broad risk-off sentiment in Asian markets. South Korea's KOSPI fell 10.84% and Taiwan's index dropped 4.65%, while U.S. E-mini

According to IIR, Kuwait Oil Company shut down portions of its Al-Zour refinery on July 18 due to a power outage, with the facility capable of processing 615,000 barrels per day. The company expects to restart parts of the refinery before

According to OPEC+ representatives, the organization plans to raise its September production quota by 188,000 barrels per day at a meeting scheduled for around August 2, marking the final increase in its current adjustment phase with no further quota increases planned for the remainder of 2026.

Small businesses are suing the Trump administration over tariffs enacted under Section 301 of the Trade Act. The lawsuits target duties of 10 percent or 12.5 percent on goods from more than 60 countries that took effect after temporary Section 122 measures lapsed last week. Plaintiffs claim

According to research from Huawen Futures, China's rapeseed meal (RM) futures main contract RM2609 closed at 2,335 yuan per ton on July 28, down 71 yuan per ton or 2.95% for the day. International crude oil futures plummeted nearly 9% on Monday amid easing Middle East tensions, exerting heavy

According to OPEC+ representatives, production output for 2026 is expected to remain stable following the organization's September meeting.

Bitcoin spot trading volume hit its lowest level since 2023, down over 75% compared to the end of 2024, according to analysts. Meanwhile, semiconductor stocks have dragged emerging market equities to lows not seen since April, with correlations between U.S. technology stocks and the Korean equity ma

According to Libya's National Oil Corporation, production at the El Fiehl and Waha oil fields has resumed.

Crude oil prices hovered near one-week lows Tuesday after a pause in U.S. attacks on Iran reduced fears of an immediate supply shock. Brent crude slipped to $87.86 per barrel, while West Texas Intermediate fell to $82.24 as of 6:10 a.m. GMT on July 28. Both benchmarks lost about 8% Monday after

Brent crude and West Texas Intermediate fell to $87.86 and $82.24 per barrel on July 28 as a pause in U.S. air campaign against Iran eased supply shock fears. Both benchmarks declined roughly 8% on Monday after Washington suspended its attacks and reported progress in diplomatic talks with