Commodities (Crude Oil & Copper) & Macro Outlook

According to Sanlì Futures research on September 7, methanol prices remain elevated amid tight supply constraints, with port inventory at 644,000 tons as of September 2, down 44,100 tons month-over-month and near historic lows. Enterprise inventory declined to 298,100 tons, continuing its

According to South Korea's Ministry of Industry, Seoul and Washington are advancing negotiations on major energy infrastructure investments in the United States, with an agreement expected by September 18. The first project under review is construction of a gas-fired combined-cycle power plant in

According to the Financial Times, Panama Canal administrator Ilya Espino de Marotta warned on September 7 that water scarcity could force further reductions in daily transit capacity to as few as 27 vessels from the current 32. Marotta described the potential cut as the worst-case scenario based on

According to reports, WTI crude oil rose $0.59 per barrel to $92.19 and Brent crude climbed $0.62 per barrel to $97.38 in 5 minutes on September 7, following reports of an attack on Saudi Aramco's Jizan refinery. The extent of damage from the incident is still under

According to Anwar Gargash, diplomatic advisor to the UAE President, on September 7, the United Arab Emirates is developing alternative energy export and trade routes to avoid being affected by potential conflicts with Iran. Gargash emphasized that the country's energy exports and economic

According to the U.S. auto association (AAA), ordinary gasoline prices averaged $4.14 per gallon ahead of Labor Day on September 7, marking a record high for the holiday period. The price is nearly $1 higher than the same period last year and significantly exceeds the previous record of $3.82 per ga

According to Mysteel, major steelmakers in Tangshan plan to raise the price of wet-quenched coke by 100 yuan per ton and dry-quenched coke by 110 yuan per ton starting September 10. Steel mills in the Xingtai region plan similar increases. The price adjustments mark the fifth round of coke price

Korean battery manufacturers face a strategic inflection point as Chinese competitors hold a 30% price advantage in the US market and 35% in Europe as of 2025, according to EY-Parthenon Partner Gil Tae-min. The cost gap stems from China's large-scale production infrastructure and integrated

According to Jin10, U.S. and Canadian stock markets were closed on September 7 (Monday) for the Labor Day holiday. CME precious metals and crude oil futures contracts ended trading early at 02:30 UTC+8 on September 8, while stock index futures closed at 01:00 UTC+8. ICE Brent crude oil futures

According to Shanghai Medium-term Futures research dated September 7, weekend escalation in US-Iran military tensions has injected renewed geopolitical risk premium into markets. Iran announced the establishment of exclusion zones around the Strait of Hormuz, while the U.S. Navy continued escort

According to Spain's Strategic Petroleum Reserve company, crude oil imports fell 9.5% year-over-year to 5.3 million tons in July.

According to Jin10 data, on September 7, Iran's parliament speaker Mohammad Baqer Qalibaf stated that U.S. oil and gas companies operating in the region's waters and facilities face the same exposure to risk as Iranian energy assets. Qalibaf asserted that Iran has demonstrated its capability to

South Korea briefed its National Assembly on the 7th about the $350 billion US investment plan, highlighting the Encinal gas power plant as the first project. The Ministry of Trade, Industry and Energy presented details on the Encinal initiative, now valued at $22.3 billion — an increase from the or

According to CryptoRank, RWA perpetual futures contracts reached $2 trillion in trading volume during Q3 2026, up from $1.27 trillion in Q2. With three weeks remaining in the quarter, the surge reflects rapid growth in tokenized stocks, commodities, indices, and other traditional assets

According to E-Daily, South Korea's government briefed parliament on Sept. 7 regarding its $350 billion U.S. investment pledge, with the inaugural project—a $22.3 billion combined-cycle natural gas power plant in Onsinal, Texas—moving into execution phase. The project's scale increased from the

According to Bloomberg, Iran and Oman have advanced negotiations over the Strait of Hormuz to their final stage. The two nations have been engaged in discussions regarding the strategic waterway, one of the world's most critical shipping

According to AAA data, U.S. retail diesel prices reached a historic high on September 7. The rise reflects ongoing energy market pressures affecting fuel costs nationwide.

According to Jin10, China Merchants Heavy Industry (招商轮船) secretary Kong Kang said on September 7 during an earnings call that the tanker market's resilience and durability are expected to outperform market expectations. The company confirmed that fourth-quarter strength is largely