Commodities (Crude Oil & Copper) & Macro Outlook

Hong Kong stocks fell in morning trading after US markets declined significantly Thursday, with the Hang Seng Index dropping 318 points to 24,891, surrendering the 25,000 level. US stocks faced sharp losses with the Dow falling 506 points or 0.97% to 51,711, the S&P declining 90 points or 1.21% to 7

According to PV GAS, Vietnam's state-owned natural gas company issued a spot liquefied natural gas supply tender on August 24, seeking to procure 1.5 to 1.7 million MMBTU of LNG for delivery between August 10

Cathay Pacific and Cathay Cargo will adjust fuel surcharges for passenger and cargo operations effective August 1, responding to recent increases in fuel prices.

According to Lookonchain data cited by PANews on July 24, trader loracle.hl's 104,848 CL short positions worth $9.68 million were completely liquidated with an $680,000 loss due to rising crude oil prices. The trader subsequently opened a new 33,500 CL short position worth $3.07 million.

According to ZhiTong Finance, the Hang Seng Index fell 1.27% to 24,891 points at midday on July 24, while the Hang Seng Tech Index declined 1.69%. Midday trading volume reached 117.1 billion Hong Kong dollars. Rising oil prices due to Middle East tensions have fueled inflation concerns and

According to JinLian Create, on July 31, China's gasoline and diesel retail prices are expected to rise by more than 0.08 yuan per liter as international crude oil remains supported by Middle East geopolitical tensions. Refineries report stable feedstock supplies with increased restocking demand

According to Yonhap Infomax, WTI crude oil futures prompt spread rose to $5.18 on July 23, marking its highest level since May 1 after climbing approximately $4.5 this week. The prompt spread measures the price difference between nearest-month and next-month crude oil futures contracts; a higher

ANZ maintained its Brent crude oil price forecast at $92 per barrel for the end of the third quarter of 2026, reflecting uneven recovery in Persian Gulf oil flows.

According to CryptoQuant analyst Darkfost (PANews, July 24), traditional assets have become a major segment on crypto exchanges as traditional markets outperform crypto assets in recent months. Gate now allows trading in precious metals, commodities, stocks, indices and ETFs. Precious metals—gold an

U.S. stock indices ended lower on Thursday as Middle East tensions and surging oil prices weighed on markets. The S&P 500 fell 1.2% to 7,408.30, the Nasdaq 100 slid 2% to 28,454.81, and the Dow Jones Industrial Average declined 1% to 51,711.65. Brent crude briefly topped $100 a barrel, with

According to reports, U.S. stock futures traded higher overnight Thursday as markets looked past renewed military tensions with Iran and rising oil prices, instead focusing on AI hyperscaler earnings. Nasdaq-100 futures gained 0.14%, S&P 500 futures rose 0.12%, and Dow futures were up 0.08%

Brent crude rose more than 6% on July 23, breaking above $100 per barrel. Over the past month, it has gained 30.88%. Economist Peter Schiff (Peter Schiff) warned on X that since the start of July, oil prices are up 30%, back above $90 per barrel; if it reaches $100 by month-end, it would rise 43%, and July CPI could be extremely surprising. Brent crude breaks above $100 per barrel According to market data, Brent crude (the global crude benchmark) rose more than 6% on Thursday, breaking above $10

During the 03:00–03:15 UTC period on July 24, 2026, BTC rebounded in the short term by 0.32%, with a price range of 65,078.1–65,318.8 USDT and an amplitude of 0.37%. Despite a modest rebound on the 15-minute timeframe, BTC has fallen overall by about 1.43% over the past 24 hours. It is currently trading around 65,084 USDT, and the market is in a wait-and-see mode after macro risk was released. The key driver behind this move is a sharp escalation in geopolitical risk. The U.S.–Iran conflict cont

Liquefied petroleum gas (LPG) futures rose 100 yuan intraday today, trading at 5,834 yuan per ton, up 1.74%.

Polyethylene terephthalate (PET) futures main contract rose over 2% during intraday trading on July 24, reaching 7,508 yuan per ton.

According to Hyperinsight, trader Loracle faced liquidation of 106,500 WTI short contracts overnight yesterday, with combined losses of $681,200 at an average execution price of $92.30 per barrel, marking the largest single liquidation across all markets in 24 hours. The trader resumed shorting

Joseph Brusuelas, chief economist at RSM, stated that the Federal Reserve will hold interest rates steady at next week's meeting but will implement a rate hike in September. Brusuelas explained that rising US gasoline prices will amplify concerns about serious purchasing power issues among

The Korea Exchange activated a sell-side program trading circuit breaker (sidecar) in the KOSPI market at 11:23 AM on the 24th, as the index plunged amid rising oil prices and geopolitical tensions. The trigger came after KOSPI opened down 96.11 points (1.35%) at 7000.78, with KOSPI 200 futures

According to Money Today via Newsis, South Korea's KOSPI index fell 96.11 points (1.35%) to 7000.78 on July 24, triggering its 21st sell-side circuit breaker of 2026. The halt, activated at 11:23 a.m. local

The Shanghai Containerized Freight Index (Europe route) main contract declined 50 points intraday on July 24, closing at 2,804.5 points with a 1.75% loss.