Commodities (Crude Oil & Copper) & Macro Outlook

According to API data, U.S. crude oil imports declined to negative 119,000 barrels per day for the week ended July 10, compared to positive 159,000 barrels per day in the prior week.

According to the American Petroleum Institute (API), U.S. crude oil inventories for the week ending July 10 decreased by 564,000 barrels, compared to market expectations of a 2.736 million barrel decline and a previous week decline of 399,000 barrels.

Bitcoin spiked past $64,000 on July 14, reversing Monday losses to reach a multiweek high despite ongoing Middle East turmoil. The rally triggered $277 million in short-bet liquidations across the cryptocurrency market, according to Coinglass data. The surge followed Consumer Price Index data

The U.S. API (American Petroleum Institute) crude oil inventory report for the week ending July 10 is set to be released within the next ten minutes.

On Tuesday, July 14, the U.S. Brent crude oil fund rose 2.80%, leading gainers among major asset class ETFs. Emerging market ETF and gold ETF gained 1.81% and 1.37% respectively, followed by Nasdaq-100 ETF up 1.12%. Decliners included U.S. real estate ETF

According to Bloomberg and CBOT data, wheat futures on the Chicago Board of Trade rose 1.38% on Tuesday (July 14) at the New York market close. The Bloomberg Commodity Index for grains climbed 0.24% to 30.9322 points. Other commodity futures showed mixed momentum. Corn futures fell 0.81%, while

WTI crude oil futures for August delivery rose 1.54% to close at $79.34 per barrel on July 14. Abu Dhabi Murban crude futures climbed 4.31% to $81.51 per barrel, reaching an intraday high of $83.93. August natural gas futures closed at $2.9040 per million BTU, while August gasoline futures settled a

Shanghai Futures Exchange crude oil futures 2608 contract closed up 2.82% at 511.30 yuan per barrel in overnight trading today. Shanghai gold rose 0.89%, while Shanghai silver gained 1.98%.

On Tuesday, President Trump stated at the White House that the U.S. will soon announce a major new oil deal with Iraq during his meeting with Iraqi Prime Minister Mohamed Al-Sudani. Trump emphasized that American companies will conduct extensive oil extraction in Iraq, creating significant job

Ukrainian attacks on Russian energy infrastructure today (July 14) triggered supply concerns, driving oil futures higher. U.S. diesel futures rose 5% amid the escalating supply risk.

According to Oman Maritime Security Center, the tanker Stolt Magnesium was attacked near Al Sharqiyah recently, causing a fire in the engine room.

President Donald Trump on Tuesday announced he has replaced the proposed 20% toll on cargo flowing through the Strait of Hormuz with investment deals with Gulf states. Trump said the decision followed highly productive conversations with Middle Eastern leadership. The move comes amid ongoing

According to Bloomberg, Trafigura delivered a record volume of lead to London Metal Exchange warehouses today, driving prices to their lowest level in over a year. The trader's large-scale delivery through Singapore increased global tracked inventory by 80,700 tonnes, bringing total stockpiles to 37

According to the UK Treasury, oil prices could reach $150 per barrel if the conflict between the United States and Iran further escalates, citing geopolitical risks to global energy markets. Meanwhile, the Bank of England is expected to raise interest rates at least once in 2026, as inflation is pr

U.S. President Donald Trump announced he will reveal details of an Iraq oil partnership deal this week or next week, according to his direct statement.

U.S. President Donald Trump said recently that the country has formed multiple oil partnerships in the short term, without providing additional details on the specific agreements or partners involved.

According to ICE, UK wholesale natural gas prices for the near month contract reached 130.3 pence per therm on July 14, rising 5.01% intraday.

During the period from 12:00 to 13:00 UTC on July 14, 2026, BTC traded within a tight range of $62,788.8 to $62,873.6 USDT, with an amplitude of only 0.13% and a marginal uptick in return percentage of 0.01%. The overall market showed a sideways, choppy consolidation pattern; volatility contracted significantly, but underlying currents were building. The primary driver behind this disturbance was a sharp escalation in the US-Iran military conflict. The US carried out airstrikes on Iran for three

According to Gate data, after the CPI release, WTI crude and Brent crude showed minimal intraday volatility, trading at $79.76 per barrel and $85.5 per barrel, respectively.

President Donald Trump announced yesterday that the U.S. will reinstate its blockade of Iranian ports and impose a 20% toll on cargo transiting the Strait of Hormuz. U.S. Central Command said the blockade will resume at 4 p.m. ET today. Oil prices spiked more than 9% following the announcement,