Commodities (Crude Oil & Copper) & Macro Outlook

WTI crude oil surged 7.5% intraday on September 10, reaching $103.33 per barrel, while Brent crude oil rose 7.5%, trading at $108.85 per barrel.

According to GasBuddy, the U.S. national average diesel price surged above $6 per gallon for the first time, marking a significant milestone in fuel costs.

According to Jin10 Data, on September 11, crude oil futures surged over 6% with both Brent and WTI breaking above $100 per barrel. Brent crude November futures settled at $107.63 per barrel, up 6.34%, while WTI October futures reached $102.48 per barrel, up 6.69%. Both benchmarks posted their

According to Bloomberg, the Bloomberg Grains Index rose 1.51% to 35.2248 on September 10 at the New York close. CBOT corn futures climbed 1.09%, while wheat futures advanced 1.71%. CBOT soybean futures gained 1.70% to $13.3175 per bushel, with soybean meal

According to official Guyana data, the country's average oil production in July 2026 reached 886,000 barrels per day.

According to Jin10 data, as of 2:30 a.m. on Sept. 11, Shanghai Gold futures closed down 1.47% at 941 yuan per gram, Shanghai Silver futures fell 5.07% to 15,593 yuan per kilogram, and SC Crude Oil futures rose 6.19% to 816 yuan per

According to U.S. officials, Iran's daily oil loading over the past 30 days averaged 200,000 barrels, down significantly from 1.8 million barrels per day in January and February.

According to U.S. officials, Iranian or suspected Iranian crude oil in maritime transportation averaged 110 million barrels over the past week, down significantly from 180 million barrels before the war.

On September 10, 2026, from 18:00 to 18:15 (UTC), BTC fell rapidly by 0.39% within 15 min, with the price retreating from $77,338.6 to $76,990.9 and an Ampl of 0.45%. In the preceding 24 hours, BTC had drawn down more than $2,000 from its high of $78,935, with a cumulative Fall % of approximately 2.22%; short-term volatility intensified noticeably. The core drivers of this move were the interplay between geopolitical conflict and expectations of monetary tightening. The U.S.-Iran military confli

According to the Chilean Copper Commission (Cochilco), Codelco's copper production declined 4.8% year-over-year in July to 112,800 tonnes.

WTI crude oil futures broke through $103 per barrel today, up 6.55% intraday. Brent crude surged 6.00% to $105.55 per barrel on the same trading session.

According to Link Data Resources, U.S. Mars crude oil surged to a $6.25-per-barrel premium to West Texas Intermediate (WTI) on Wednesday (Sept. 9), marking the strongest level since April. The medium sour crude variety gained over $2 per barrel in each of the past two trading sessions. The rally

Gold and Bitcoin fell Thursday after U.S. producer prices rose 0.4% month over month and 5.4% year over year, pushing Treasury yields and Federal Reserve rate-hike expectations higher. The 10-year Treasury yield moved around 4.9%, while markets raised the probability of a September Fed hike to

Brent crude futures for November maturity rose 4% to $105.3 per barrel on Thursday, while U.S. West Texas Intermediate crude futures expiring in October 2026 climbed more than 4.3% to over $100 per barrel for the first time since May. The surge followed Yemen-based Houthis' seizure of the

According to the U.S. Energy Information Administration (EIA), American crude oil production rose to a record 13.95 million barrels per day for the week ended September 4, an increase of 85,000 barrels per day. The previous record of 13.86 million barrels per day was set for the week ended

Following the latest EIA inventory report showing an unexpected increase in diesel stockpiles, US diesel futures gains narrowed to +4.8%, retreating from earlier strength.

From 16:00 to 16:15 UTC on September 10, 2026, BTC plunged 0.35% in 15 minutes, with its price retreating from 77,314.8 USDT to 76,913.2 USDT and its price range reaching 0.52%. Risk-averse market sentiment rose significantly, with BTC giving back approximately $200 from its intraday high. The main driver of this move was the sharp escalation of the US-Iran military conflict. Since September 4, Iran has launched large-scale ballistic missile attacks against US naval forces, disrupting commercial

On September 11, markets will see the release of key economic indicators including U.S. consumer price index (CPI) for August, U.K. gross domestic product (GDP) for July, and the International Energy Agency (IEA) crude oil report. The releases are expected to influence risk sentiment across

According to Bloomberg, North American Blue Energy Partners (NABEP), a Venezuela-based crude producer backed by the U.S. government, plans to increase daily oil production to 500,000 barrels by the end of 2028, more than doubling its current output of 200,000 barrels per day. The expansion is part o