Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, on September 2, the S&P 500 halted a three-day losing streak with mixed trading action amid easing oil prices. U.S. crude oil fell below $90 per barrel, alleviating market concerns over inflation. The Nasdaq-100 index declined modestly during the session, following its worst day

Ukraine's agriculture minister stated that the country's agricultural exports in August reached only one-third of the required volume, signaling significant constraints on export capacity.

According to Jin10, Saudi Arabia's observable crude oil exports fell to approximately 3 million barrels per day in August, the lowest level since early 2017, according to tracking data from Vortexa and Kpler. The sharp decline follows escalating attacks by Yemen's Houthi forces on Saudi vessels in t

According to BlockBeats, Kalshi is preparing to apply to the U.S. Commodity Futures Trading Commission (CFTC) for approval to launch WTI crude oil perpetual futures as early as next week. The proposed contract will trade 24 hours a day, five days a week, with no expiration date, allowing traders to

According to PANews, prediction market platform Kalshi plans to apply for U.S. crude oil perpetual futures today on September 2.

According to sources cited by Jin10, OPEC+ is expected to maintain October oil production policy at its Sunday (September 6) meeting. The organization is set to conclude the first phase of its production cuts this month and will shift focus toward 2027 quota negotiations, three informed sources

According to three sources, OPEC+ will not make any crude oil production policy decisions at its meeting on Sunday, with discussions to focus on market conditions instead.

According to Russia's Deputy Prime Minister Alexander Novak, the country's fuel market conditions have become more stable this week.

Crude oil prices rose Wednesday as renewed U.S.-Iran military strikes intensified fears of supply disruptions through the Strait of Hormuz, pushing Brent crude toward $96 a barrel and keeping West Texas Intermediate above $90. Brent crude futures rose 0.8% to $95.40 a barrel by 3:45 a.m. GMT,

The US Dollar strengthened on the 2nd at 7:35 AM, with the Dollar Index (DXY) rising 0.095 points to 99.780, reflecting gains against six major currencies in the New York foreign exchange market. The dollar's upward pressure stems from elevated international oil prices driven by US-Iran military

Russian Deputy Prime Minister Novak stated recently that Russia is importing gasoline, diesel, and aviation fuel.

On Wednesday, Brent crude futures rose to $95.40 a barrel and West Texas Intermediate futures climbed to $90.66 as renewed U.S.-Iran military strikes intensified concerns of supply disruptions through the Strait of Hormuz. According to preliminary Kpler data reported by Reuters, only four

SC crude oil futures, the main contract traded on Shanghai International Energy Exchange, surged over 2% intraday today, reaching 690.90 yuan per barrel.

On Sept. 2, U.S. stock indexes opened with mixed performance as crude oil retreated from multi-day gains, easing inflation concerns. The Dow Jones Industrial Average rose 236.43 points, or 0.45%, to 53,003.31; the Nasdaq Composite fell 9.63 points, or 0.04%, to 26,090.14; and the S&P 500 rose 9.10 p

According to Jin10 Futures, as of 9:20 p.m. on September 2, commodity options showed sharp gains. Shanghai nickel 2610 call option (strike 140,000) surged 69.66% to 492.0 yuan per ton, while the 130,000 strike gained 29.07% to 1,696.0 yuan per ton. Fuel oil 2610 put option (strike 4,000)

According to INTERFAX, Kazakhstan's national oil transporter KazTransOil will increase oil transit from Russia to China to 12.5 million tons.

According to Ukraine's Defense Ministry, Ukraine struck 12 major Russian oil refineries during August. The announcement underscores continued Ukrainian military operations targeting Russian energy infrastructure.

According to U.S. Energy Secretary Wright, efforts related to Venezuela's debt restructuring remain in progress as of early September 2026.

U.S. Energy Secretary Wright said Venezuela's oil production grew 25% and exports increased 50%, according to recent statements.