Commodities (Crude Oil & Copper) & Macro Outlook

Trump is scheduled to meet with oil and gas retailers and refinery representatives on Tuesday at 1:30 PM ET.

According to Yonhap News, U.S. stocks declined on August 31 (local time) as U.S.-Iran military tensions escalated, with geopolitical concerns driving oil prices up nearly 3% and pushing Treasury yields higher. The Dow Jones fell 0.70% to 53,185.90, the S&P 500 dropped 0.33% to 7,686.14, and the

According to Chile's National Statistics Bureau, on Monday, the country's copper production in July fell to 403,424 tons from 445,322 tons a year earlier, a 9.4% year-over-year decline. The drop was attributed to severe storms affecting mining

According to U.S. officials reported by foreign media, American oil company North American Blue Energy Partners (NABEP) will take over oilfields previously controlled by a Russian firm and five other international companies on September 1, as part of a broader petroleum production agreement

South Korean government bond futures showed mixed results in night trading on September 1st, with 3-year futures unchanged while 10-year futures declined. The performance came amid a surge in international oil prices driven by renewed US-Iran military conflict. US Treasury yields mostly rose

According to Kpler data tracked by Bloomberg, Venezuela's crude oil exports rebounded in August, averaging 1.114 million barrels per day, up 28% from July, according to shipping reports and vessel tracking data. Crude shipments to India more than doubled during the same

According to Shanghai Securities News, leading lithium materials companies posted explosive earnings growth in the first half of 2026. Tianqi Lithium saw earnings surge 49 times, Hunan Yupower grew 8.5 times, and Tianshi Materials jumped 9.7 times, with operating cash flows improving in parallel

According to Yonhapinfomax, U.S. President Donald Trump ruled out the possibility of using nuclear weapons against Iran on August 31 during a press conference at the White House. Responding to a question about whether he had excluded this option, Trump stated: "The answer is yes, I excluded it,"

US Treasury yields showed mixed performance on the 31st at 3pm Eastern time, with long-term bonds declining as short-term bonds edged slightly higher. The 10-year Treasury yield rose 3.50 basis points to 4.7570%, while the 2-year yield fell 0.20 basis points to 4.3500%, according to Yonhap Infomax's

According to Yonhapinfomax, on August 31 (U.S. Eastern Time afternoon), U.S. long-term Treasury yields climbed to their highest levels in 17 months amid escalating U.S.-Iran military tensions. President Donald Trump threatened swift retaliation for Iran's weekend attack on a U.S. military base in

According to Yonhap Infomax, on August 30-31, U.S. military airstrikes on Iranian targets in the Strait of Hormuz region sent crude oil prices higher. WTI October futures closed at $85.76 per barrel, up 2.83%, while Brent crude rose 2.71% to $90.49. The strikes targeted Iranian Revolutionary Guard m

According to the UK Maritime Trade Operations (UKMTO), Saudi oil tanker Cedar was intercepted in the southern Strait of Hormuz today. The incident was reported to authorities earlier. Cedar is capable of carrying 2 million barrels of crude oil and was operating its automatic identification system

According to Yonhapinfomax, on August 31, U.S. stock market indices declined as escalating US-Iran military tensions triggered risk-off sentiment. The Dow Jones Industrial Average fell 0.70% to 53,185.90, the S&P 500 dropped 0.33% to 7,686.14, and the Nasdaq Composite declined 0.12% to 26,730.89. Th

According to the U.S. Energy Information Administration (EIA), the monthly oil supply report originally scheduled for release on August 31 has been delayed to September. The agency will disclose the report once data are

According to Wall Street Journal, a Venezuelan oil company operated by businessman Betancourt plans to deploy more than 50 drilling rigs to Venezuela over the coming years.

Intercontinental Exchange (ICE) will list financial-type natural gas condensate, Americas physical crude, Americas crude, and U.S. crude oil futures and options contracts starting October 5, the exchange

US stock markets' three major indices fell on the 31st (local time) as the US and Iran exchanged attacks after approximately one month, driving international oil prices up more than 2% and reigniting inflation concerns. The decline was amplified by Fed Chair Kevin Wash's hawkish remarks from the

According to market data, ICE sugar futures rallied 21.35% in August, while New York cocoa futures surged 22.25% to $6,768/ton. ICE cotton futures gained 13.67% over the same period. ICE Arabica coffee futures rose 3.84%, while coffee C futures declined 0.21%, and Chicago WCE canola futures

According to Bloomberg commodity data, CBOT wheat futures rose 18.49% to $7.7525 per bushel in August through August 31, marking the month's strongest performance among major grains. CBOT corn futures gained 15.84% to $5.3750/bu, while soybean futures climbed 8.44% to $12.8775/bu. Bloomberg's grain

According to President Trump, Iran's strike impact will be limited, with the Strait of Hormuz experiencing robust shipping activity overnight. The president stated that a large volume of oil continues flowing through the strategic waterway, averaging approximately 30 vessels per night. Trump added t