Commodities (Crude Oil & Copper) & Macro Outlook

Recently, U.S. President Donald Trump stated that the administration will seek to continue pressing down oil prices, emphasizing the importance of maintaining low energy costs.

US stock markets opened lower on May 8 (local time) as tensions between the United States and Iran escalated sharply. At 9:35 AM on the New York Stock Exchange, the Dow Jones Industrial Average fell 546.12 points (1.03%) to 52,379.03, the S&P 500 declined 45.90 points (0.61%) to 7,457.95, and the

According to Russia's Federal State Statistics Service, fuel prices rose 2.1% in the week ending July 6, with diesel prices climbing 3.4%.

According to Gate data, Brent crude oil rose above $80 per barrel on July 8, marking the first time since June 22, with intraday gains of 5.54%.

According to Russian Federal Government press office, Deputy Prime Minister Novak stated on July 7 that Russia's economy is completely under control and instructed government departments to continue monitoring key macroeconomic indicators to address challenges. The government's Economic

The crypto market faces renewed sell-off pressure as the U.S. revoked Iran's newly issued general license to export oil after Iran reportedly struck three commercial vessels in the Strait of Hormuz in less than 48 hours. The revocation raises oil supply concerns and crude price risks, creating

HSBC has lowered its 2027 Brent crude oil price forecast to $65 per barrel, down from a previous estimate of $75 per barrel, according to the bank's latest commodity outlook.

Brent crude oil three-month futures spread touched $2.36 per barrel on June 17, marking the highest level since June 16, according to market data. The move came one day after the United States and Iran signed a memorandum of understanding on peace

According to HSBC, the bank cut its 2026 Brent crude oil price forecast to $80 per barrel.

According to reports on July 8, Northeast Asian refiners have sold at least 8 cargoes of August-loading diesel, each ranging from 300,000 to 750,000 barrels. Refining margins have eased to slightly above $45 per barrel, reflecting strength in crude oil markets, while cash spreads have softened to sl

According to Saudi National Shipping Company, the ultra-large crude carrier Vedia encountered an incident on Tuesday while transiting the Strait of Hormuz. The company confirmed that cargo remains in a safe condition and the vessel maintains good

Brent crude surged above $79 per barrel today, reaching $79.03 per barrel with a gain of approximately 6.5% intraday.

According to U.S. Central Command, on July 8, China's three major stock indices declined as the U.S. military resumed airstrikes on Iran on July 7 in response to Iranian attacks on three commercial vessels in the Strait of Hormuz. The Shanghai Composite Index fell 0.49% to 3,970.88, the Shenzhen Com

According to BlockBeats, citing Hyperinsight data, an address starting with 0xec4 significantly increased its short positions on Nasdaq 100 futures to 600 contracts (valued at approximately $17.3 million) earlier today, about one hour before Trump's statement on Middle East tensions on July 8. The a

According to sources, the Yasamal Polaris, an oil tanker operated by Chevron and used for Caspian Pipeline Consortium transport, was struck by drones off Russia's Black Sea coast recently.

According to the latest data from the Fujairah Petroleum Industry Zone, refined oil total inventory at Fujairah port increased by 2.13 million barrels week-over-week to 10.129 million barrels as of July 6. Light distillates inventory rose 0.376 million barrels to 1.579 million barrels, while

According to Gate data, WTI and Brent crude oil both rose over 3% intraday on July 8, trading at $74.18 and $78.08 per barrel respectively.

WTI crude oil and Brent crude oil both rose 5.5% today, trading at $74.33 per barrel and $78.25 per barrel, respectively.

According to Gazprom, the Krasnodar pump station supplying the Blue Stream pipeline came under drone attack, the company said in a recent statement. Blue Stream is a key gas pipeline connecting Russia to

According to Russian state-owned Gazprom, Ukraine recently attacked infrastructure used to export natural gas to Turkey. The company did not provide additional details regarding the target facility or extent of