Commodities (Crude Oil & Copper) & Macro Outlook

According to an announcement from China General Nuclear Power Corporation's uranium business unit, during the first half of 2026, CGN International Uranium Products Sales Company adopted a dual-end locked trading approach for natural uranium sales, keeping operational profit stable. However, due to

According to Financial Times, President Trump announced 50% tariffs on Canadian goods, effective in 30 days, citing unfair trade practices. The tariffs exempt energy, potash, critical minerals, fish, and steel and aluminum products already subject to national security duties. Canada is the U.S.

According to Bitget market data, on July 21, WTI crude oil rose above $85 per barrel, gaining 2.52% intraday.

According to sources, two Indian state-owned refiners halted loading of crude oil from Iraq on July 21 due to heightened security risks in the Strait of Hormuz. India Oil Company abandoned plans to load the supertanker Lila Jamnagar, which can carry approximately 2 million barrels of crude. The

According to Bloomberg, Kalshi, a prediction market platform, has applied to the U.S. Commodity Futures Trading Commission (CFTC) to launch gold-linked perpetual futures contracts.

Fuel oil futures surged 4.00% intraday on July 21, trading at 3,766.00 yuan per ton.

On Tuesday, global stock markets rallied, with Japan's Nikkei 225 index gaining 3.3%, China's Shanghai Composite rising 1.79%, and Hong Kong's Hang Seng index declining 0.04%. U.S. technology stocks led the rebound in pre-market trading, with spot silver surging 5% and Brent crude oil rebounding

According to Jin10 on July 21, Saudi Arabia's daily crude oil exports via the Red Sea reached a record average of 5.9 million barrels in the week through July 17, before declining slightly to 5.5 million barrels daily in the week through July 20. The exports, tracked via tanker data from the Yanbu p

Jim Cramer called the stock market 'miserable' on July 21 as oil prices, tariff uncertainty, and Federal Reserve hawkishness pressured Wall Street. WTI crude jumped 9.4% to $78.14 a barrel following President Trump's decision to reimpose a naval blockade on Iran through the Strait of Hormuz, while t

According to Guru Club, two tankers carrying Saudi crude oil redirected their course on July 21, heading toward the Suez Canal.

According to CNBC, Jim Cramer called the market "miserable" on July 21 as President Trump's reinstatement of a Strait of Hormuz blockade drove WTI crude up 9.4% to $78.14 a barrel. The blockade, which affects roughly one-fifth of global oil transport, triggered sharp volatility across equity

The US continued strikes against Iran for a 10th straight night yesterday as President Donald Trump promised retaliation for deaths of US service members. Iran's Islamic Revolutionary Guard Corps claimed this morning it struck Amazon's infrastructure in Bahrain with missiles, though CNBC could not i

According to CNBC, the U.S. continued strikes on Iran for a 10th straight night on July 20 after President Trump promised retaliation for American service member deaths in the conflict. Iran's Islamic Revolutionary Guard Corps claimed it struck Amazon infrastructure in Bahrain with missiles,

According to Guru Club, Germany and Azerbaijan issued a joint statement today (July 21), committing to strengthen cooperation on energy flows, including natural gas, and other key global issues.

Brent crude oil rose 1.5% intraday on July 21, reaching $90.56 per barrel, while WTI crude gained 1.5% to $83.72 per barrel during the same period.

Nodal Exchange announced on July 20 that it plans to launch hourly power futures contracts on August 31, with 168 contracts covering seven major U.S. power regions. Each region will offer contracts for 24 hourly periods within a single day, supporting trading up to five business days ahead,

NinjaTrader Group has appointed Mark Omens, former CME Group Head of Retail Business and Americas Sales, as Senior Vice President of Commercial Strategy. Omens brings 25 years of futures industry experience, having led CME's global retail strategy and built relationships with brokers, technology

According to the Wall Street Journal, the Abu Dhabi National Oil Company (ADNOC) is proceeding with the $6.2 billion Umm Shaif gas cap development project despite Middle East geopolitical tensions highlighting supply vulnerabilities. The decision reflects ADNOC's confidence in sustained long-term

According to Bloomberg, Houthi forces issued a warning to ship owners on Monday demanding that all vessels refrain from docking at Saudi ports. In an email to shipping companies, the Iran-backed militia stated that its maritime blockade applies not only to Saudi vessels but to all ships calling at S

Iran struck Kuwait's power generation and water desalination facilities overnight on July 20, triggering fires at the targeted sites. According to Kuwait, the overnight strike impacted critical infrastructure supporting the country's energy and water