Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10 Futures, Dalian Commodity Exchange chemical futures warehouse receipts on May 19 recorded the following changes: polyethylene futures saw 13,750 lots (down 359 from prior session); polyvinyl chloride futures totaled 103,456 lots (up 469); polypropylene held 15,936 lots

Gate News: Gate Options has officially launched the CLUSDT crude oil options product, and simultaneously completed the adjustment and delisting update for the XTIUSDT options product. After the CLUSDT options are live, users can continue to participate in crude oil market volatility trading, and can also build cross-asset strategies and risk management by combining crypto asset options. This move is intended to further unify trading identifiers and product naming standards, ensuring a smooth and

According to BlockBeats on May 19, the World Bank forecasts energy prices will surge 24% in 2026 while commodity prices rise 16% overall, with higher oil costs pushing inflation and interest rate expectations that pressure both stock and crypto markets. Morgan Stanley's April model predicted oil pri

According to OECD Secretary General Mattias Cormann, on Tuesday, the organization warned that global economic outlook faces escalating downside risks as the Middle East conflict persists. Speaking at the Group of Seven meeting, Cormann stated that the crisis puts downward pressure on growth while si

According to Cornwall Insight, UK household energy bills are forecast to rise 13% this summer, reaching £1,850 (approximately $2,479) annually from July 1, marking the largest increase since 2023. The forecast reflects a sharp surge in European energy prices following Iran's military conflict and th

Since 2026, the macro narrative has undergone an almost complete reversal. In 2025, the market widely expected the FED to cut rates two to three times in 2026, with ample liquidity viewed as the key driver for the next crypto rally. However, two inflation reports released one after another—April CPI up 3.8% year over year and PPI surging to 6% year over year—completely rewrote this script. As of May 19, CME interest rate futures show the probability of the FED holding rates unchanged in June has

According to Jin10, as of May 19 at 15:18 (CST), China's domestic futures main contracts recorded significant fund flows. Inflows led by CSI 1000 futures (37.25 billion yuan), CSI 500 futures (21.73 billion yuan), and

According to Jin10 Futures, on May 19, pulp futures warehouse inventories fell to 205,945 tons, down 1,930 tons from the prior trading day. Low-sulfur fuel oil warehouse inventories also declined by 500 tons to 1,540 tons.

According to Fortune research on May 19, AI data center expansion and cryptocurrency mining are driving rapid growth in U.S. electricity demand, with residential power prices expected to rise significantly in coming years. The study projects that by 2030, average wholesale electricity prices in

Oil Shocks and Inflation Fears Drive Markets Higher on 18 May Geopolitical tensions between the United States and Iran are driving crude oil prices higher as peace negotiations remain stalled, intensifying global inflation concerns and shifting central bank expectations toward rate hikes. The

According to FinanceFeeds market summary, the prolonged deadlock between Washington and Tehran over sanctions relief effectively locked down the Strait of Hormuz on May 18, 2026, triggering a severe global energy supply crisis. The crisis pushed WTI crude past the $102–$105 threshold and sent

According to Anthony Willis, senior economist at Columbia Thread Investment Company, global bond yields are rising significantly as markets expect inflation to remain elevated for an extended period due to higher energy costs. Willis noted that developed market bond yields are trending upward

According to Anthony Willis, a senior economist at Columbia Thread Investments, global bond yields are rising significantly as financial conditions tighten across debt markets. Markets now expect inflation to remain elevated for an extended period due to higher energy costs. Willis anticipates the

According to EU Commission Executive Vice President Dombrovskis, the Group of Seven has made progress on critical minerals, though he emphasized this is a long-term effort that will not be achieved overnight.

According to a report by Navellier & Associates analyst Louis Navellier, interest rates have become highly sensitive to energy prices. Navellier stated that once the Strait of Hormuz resumes operations, interest rates should decline significantly. He noted that until recent energy inflation

According to a Bank of America survey, 66% of respondents expect the Strait of Hormuz bottleneck to ease in the coming months.

According to the International Monetary Fund (IMF), on May 18, Middle East tensions are dampening the United Kingdom's short-term economic growth prospects. The IMF's latest report forecasts UK GDP growth at 1.0% for 2026, down from previous estimates. Additionally, rising energy prices are

According to Navellier & Associates analyst Louis Navellier's report released on May 19, interest rates have become highly sensitive to energy prices, and he predicts rates will decline significantly once the Strait of Hormuz resumes normal transit. Navellier stated that inflationary pressure will p

According to CME data released on May 19, silver futures trading volume on May 18 declined to 63,818 contracts, down 27,743 from the previous day, while open interest fell to 102,000 contracts. Gold futures trading volume also decreased to 188,390 contracts, but open interest rose to 390,242 contrac

According to Zhuochuang Information, China's major refinery gasoline-diesel retail-wholesale spreads reached 3,376 and 2,401 yuan/ton as of May 18, while Shandong independent refiners recorded spreads of 3,513 and 2,608 yuan/ton. The spreads have remained elevated following recent volatility