Commodities (Crude Oil & Copper) & Macro Outlook

In the six months preceding the U.S.-Iran geopolitical conflict, Trump’s investment accounts earned Multiple Benefits through active trading in the stocks of nine major U.S. energy companies, benefiting greatly from fears of supply disruptions caused by the conflict. Democratic staff of the U.S. Congress Joint Economic Committee (JEC) estimated in an August report that Trump’s broader oil and gas portfolio had increased in value by as much as $15.5 million this year. Office of Government Ethics

SC crude oil main contract rose over 8% intraday on September 10, trading at 780.30 yuan per barrel.

LPG futures surged 200 yuan intraday, reaching 6,969 yuan per ton, up 2.95% on September 10.

According to Guru Club, pure benzene futures main contract hit the daily price limit on September 10, rising 6% to 9,227 yuan per ton.

According to Jinlian Index, as of September 10 (the ninth working day of the pricing cycle), China's benchmark crude oil price averaged $92.87 per barrel with a change rate of 5.89%, indicating domestic gasoline and diesel retail prices should increase by 330 yuan per ton. The next pricing

Bitcoin was trading at approximately $78,100 on Sept. 10, continuing to move within a range. Farside Investors data showed that U.S. Spot Bitcoin ETFs recorded approximately $3.83 billion in net inflows from Aug. 17 to Sept. 4. CryptoQuant analyst Woominkyu noted that Bitcoin inflows to the top 10 Spot Trading exchanges totaled 5,442 BTC on Sept. 8. Three-Week Net Inflows of $3.83 Billion for Spot Bitcoin ETFs According to tracking data from Farside Investors, U.S. Spot Bitcoin ETFs, including t

According to Jin10 Futures, crude oil prices surged overnight on September 10, supporting gains in China's domestic fuel oil market. Refineries increased price negotiations on improved sentiment, while downstream buyers adopted a cautious yet active purchasing approach. Fuel oil product shipments ar

According to Jin10 Futures, on Sept 10, the South China LPG market is expected to remain stable-to-strong with potential for further price gains. Major refineries led gains yesterday, though port follow-through was weak amid downstream spot purchases. Firming international oil prices and tight

According to CITIC Securities, global copper mine production fell by nearly 5% in the first half of 2026 as of September 10. The bank predicts copper prices could reach $16,000 per ton by year-end, driven by inventory destocking trends and potential tariff-driven stockpiling. Extreme weather and

South Korea's KOSPI stock index opened 0.18% lower at 7038.85 and extended losses in early trading, hovering around the 7000 level amid futures and options expiration-day volatility. Rising international oil prices and US long-term Treasury yields weighed on the index, while foreign net buying and s

WTI crude oil fell below $94 per barrel on September 10, declining 0.24% during intraday trading.

According to Jin10, on September 10, U.S. Treasury Secretary Bessent's repeated warnings to investors against pushing up oil prices or Treasury yields proved ineffective, with markets moving counter to his stated positions. Bessent had claimed investors were making a mistake by opposing him,

According to Anadolu News and Iran's state news agency IRNA, Iran's southern coastal regions including Sirik, Minab, and Qeshm Island experienced a series of explosions early on September 10, with blast sounds originating from sea directions. The attacks' source and damage details remain

Token Terminal announced the listing of 636 new tokenized assets over the past week. The expansion includes single-name equities, ETFs, and commodities issued by Reality on Arbitrum One. This development reflects growing interest in on-chain asset offerings as the tokenization sector continues to ex

According to Token Terminal, RealityFi listed 636 new tokenized assets over the past week on Arbitrum One. The expansion includes single-name equities, ETFs, and commodities, reflecting growing adoption of on-chain tokenization. The assets now available provide traders with expanded options for

CBOT soft red winter wheat futures declined 2.4% at settlement on Wednesday, according to reports. The selloff was triggered after a Russian official suggested a possibility of peace negotiations between Russia and Ukraine in the "foreseeable future," indicating potential "universal political

The dollar-won exchange rate closed at 1,340.60 won at 6am on the 10th, up 4.50 won from the previous Seoul trading session close of 1,336.10 won. The increase reflected rising US Treasury bond yields and surging international oil prices. The US Treasury Department announced an expanded bond

According to Yonhap Infomax, the US dollar to South Korean won (USD/KRW) exchange rate fell to 1,336.10 won on September 10, marking its lowest level in 23 months, before rebounding to 1,340.60 won as U.S. Treasury yields rose. The initial decline was driven by yen strength and foreign investors' ma

According to Jin10 Data, Canada's energy minister stated on Wednesday, Sept. 10, that the government has cancelled federal environmental reviews for energy projects, including oil and gas pipelines, natural gas facilities, and oil sands operations. The move aims to boost support for energy

According to Guru Club, Senegal's Energy Minister will launch 109 oil blocks during a roadshow on September 10.