Commodities (Crude Oil & Copper) & Macro Outlook

On May 13, Robert Kiyosaki warned on X that inflation will erode wealth, citing two key threats: rising oil prices driven by the Iran war and government deficit spending that leads to currency debasement. According to market data, Brent crude has surged 75.97% year-to-date to $106.97, while the

Franklin Templeton Chief Executive Officer Jenny Johnson said she is monitoring the data-center sector due to concerns that rapid technological innovation could render long-term assumptions about computing and energy needs obsolete, according to an interview with Bloomberg Television on

CBOT soybean futures declined 3.0% during intraday trading on May 14, settling at 1,192 cents per bushel.

According to Jin10, energy trading firm Vitol supplied Iraqi Basra crude oil to customers through ship-to-ship operations near Fujairah (UAE port) on May 14. The cargo included both Basra medium and heavy crude grades, delivered over recent days to refiners. The transaction marks a rare instance

According to Bloomberg-compiled vessel tracking data, four supertankers carrying approximately 2 million barrels of Iraqi crude each have departed the Strait of Hormuz since May 10, signaling a recovery in flows of unsanctioned oil. The shipments represent a transportation rate of roughly 2 million

According to Argentina's Ministry of Economy, the country has approved two mining projects to join the RIGI (large-scale investment incentive scheme). The announcement reflects the government's continued efforts to attract foreign direct investment in the mining

On May 14, Chinese commodity futures fell during overnight trading, with 20 rubber sliding 2.8%, low-sulfur fuel oil dropping 2.7%, and rubber down 2.3%. On the upside, styrene gained 1.13%, xylene (para-xylene) rose 1.05%, and liquefied petroleum gas (LPG) climbed up

According to sources, the Caspian Pipeline Consortium (CPC) will reduce its June crude oil export volume to 1.45 million barrels per day due to maintenance at the Kashagan oil field, down from 1.8 million barrels per day in

According to CONAB, on May 14, Brazil's 2025/26 soybean production is forecast to reach 180.13 million tons, up 5% year-over-year. The country's soybean planting area is expected to expand by 2.9% to 48.72 million hectares, while yield per hectare will increase 2.1% to 3.7 tons per hectare,

According to Reuters, South Korea imported 8.5 million tons of oil in April, down from 11 million tons in the same period last year. The decline reflects softer demand in the world's fifth-largest economy.

The International Monetary Fund (IMF) is closely monitoring the energy shocks stemming from the Middle East conflict and their potential impact on fertilizer prices.

Gate News: According to the latest Gate TradFi data, COCOA (Cocoa) has dropped by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

According to Jin10 and U.S. Treasury Secretary Bessent on May 14, Iran's oil storage has reached capacity and Tehran will be forced to halt production. After the U.S. imposed a blockade on Iranian oil exports, the key challenge is how long Iran can store the oil it cannot export before facilities ar

According to the U.S. Energy Information Administration (EIA), American natural gas inventories increased by 8.5 billion cubic feet last week, up 3.85% week-on-week, reaching 22.9 trillion cubic feet.

According to the U.S. Energy Information Administration (EIA), natural gas inventories in the week of May 8 increased by 85 billion cubic feet, falling short of the forecasted 87 billion cubic feet increase. This compared with the previous week's 63 billion cubic feet

According to Jin10 Futures, on May 14, ICE raw sugar futures fell 2.5% to 15 cents per pound Thursday, reversing a four-day rally, while white sugar declined 2.8% to $442.80 per metric ton. The decline was driven by ample supply from Brazil's key central-southern region, where sugar output is

Canadian Prime Minister Chrystia Carney will announce an agreement on pipeline infrastructure with the province of Alberta on Friday, May 15.

Citgo, the U.S. refiner owned by Venezuela, reported a first-quarter profit of $157 million, a sharp turnaround from a $82 million loss in the same period last year. The improvement was driven by a significant increase in refining capacity utilization. The company processed an average of 851,000

The U.S. Energy Information Administration (EIA) will release its weekly natural gas inventory report for the week ending May 8 in approximately 10 minutes.

According to remarks delivered on Thursday at the Kansas City Federal Reserve banking conference, Federal Reserve Vice Chair Beth Schmeltzer said inflation remains the primary risk facing the U.S. economy, though it has declined significantly from its peak. Speaking in her regional address, Schmeltz