Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, on October 23, Japan's government released its 2025 fiscal year energy white paper, highlighting how deteriorating Middle East conditions have exposed vulnerabilities in the nation's energy supply chain. The report noted that over 90% of Japan's crude oil imports rely on the Midd

According to London Stock Exchange Group (LSEG) data released Friday, a Malta-flagged tanker carrying 40,000 tons of Russian diesel is sailing toward New York. The shipment follows an agreement between Russian President Putin and U.S. President Trump, under which Russia lifted its self-imposed diese

According to the UK Office for National Statistics, retail sales growth in the latest quarter was led by automotive fuel. Despite recent oil price increases, petrol stations have recovered to pre-Middle East conflict monthly sales

According to Jin 10's market summary on October 23, Saudi Aramco's CEO announced that the company is working to increase the capacity of its east-west pipeline network to 10 million barrels per day to cope with potential energy supply disruptions in the Middle East. This expansion aims to

According to CME data, on Oct 22, energy and precious metals futures showed mixed performance. Gold, silver, and copper all saw increases in both trading volume and open interest, with gold volume rising 80,682

According to futures market data, liquefied petroleum gas' main contract pg2612 surged to 7,248 yuan/ton, up 5.84% on October 22, following an overnight drone attack on Saudi Aramco's Dammam airport that drove Brent crude near $113/barrel. Import costs have risen sharply; Saudi propane and butane c

According to Jin10, wheat futures experienced their longest consecutive weekly decline in nearly three decades as of October 23, marking the first time since 1997 such a prolonged downturn has occurred. After surging to 2023 highs in September amid Black Sea shipping disruptions, wheat prices

From 05:00 to 05:15 on October 23, 2026 (UTC), BTC rose 0.33% over the 15-minute period, trading in a range of 81,580.8–81,849.9 USDT with an Ampl of 0.33%. It is currently trading at $81,821.3, down 1.23% over 24 hours. Intraday volatility has picked up but remains limited, while market attention has increased significantly. The main driver of this move was a sharp escalation in geopolitical risks. Trump hinted at the possibility of striking Iran again, further raising expectations of an escala

According to Jin10 Futures, China's national LNG ex-factory price averaged 7,027.11 yuan/ton this week (as of October 23), up 487.01 yuan/ton week-over-week, a 7.45% increase. Supply-side constraints included reduced domestic gas feedstock availability in late October, with some liquefaction

According to Jin10, Nabep (North America Blue Energy Partnership), a private enterprise led by Venezuelan entrepreneur Alejandro Betancourt, deployed a sixth drilling rig in the country today (October 23) to expand oil production. The company, which operates in collaboration with the U.S.

According to the U.S. Energy Information Administration (EIA), the United States exported 5.5 million tons of liquefied natural gas to the European Union in August 2026, up 36% from July, accounting for 51% of total U.S. LNG exports of 10.8 million tons that month. Among EU nations, the

According to Jin10, spot gold prices fell below $4,000 per ounce on Friday morning (Oct 23) amid rising Middle East tensions. Brent crude oil climbed above $112 per barrel, driving inflation expectations higher. Markets have priced in at least three additional Fed rate hikes before year-end 2027,

According to Jin10 Futures, China's average asphalt price fell to 6,220.57 yuan per ton this week, down 106.1 yuan or 1.68% week-on-week. Declining demand from construction projects across northeastern and northwestern regions contributed to the price drop, as falling temperatures signal the end

According to Jin10 data citing market intelligence agencies Vortexa, Equasis and Signal Group, South Korean shipping group Sinokor dominated oil transportation through the Strait of Hormuz in September, moving 105.6 million barrels of crude oil, representing approximately 40% of total monthly

According to Jin10, as of October 23 at 11:31, China's futures market showed significant capital movements. Leading inflows included soybean oil 2701 contract at 681 million yuan, fuel oil 2701 at 432 million yuan, and crude oil 2612 at 354 million yuan. On the outflow side, CSI 1000 2612 contract l

Bitcoin (BTC) hit an intraday low of $80,989 on Oct. 23, down 3.2% over 24 hours, with its marketcap falling to around $1.64 trillion. CoinGlass data shows that about 100,605 traders were liquidated over the past 24 hours, with total liquidations reaching $441 million, including about $397 million in long liquidations (90%). CoinGecko: Bitcoin Hits 24-Hour Low of $80,989; Nasdaq Falls 2.6% According to CoinGecko data, Bitcoin hit a 24-hour low of $80,989 and was trading at around $81,500 (-3.2%)

According to Jin10, the United Arab Emirates closed all beaches and coastal areas in Umm Al Quwain today (October 23) following an oil tanker spill that polluted marine waters. The Ministry of Climate Change and Environment detected the leak and reported unusual odors in Sharjah, Ajman, and Umm Al Q

From 02:00 to 03:00 (UTC) on October 23, 2026, BTC edged up 0.07% during the hour, trading between 81,241.7 and 81,462.4 USDT, with an amplitude of just 0.27%, indicating overall range-bound consolidation. It is currently trading at $81,906.5, down 1.20% over the past 24 hours. Although prices have recovered somewhat in the short term, intraday volatility remains limited and market sentiment is cautious. The move was primarily driven by a surge in energy prices, which fueled inflation concerns a

Iran claimed today that seven vessels sustained damage from attacks in the strait, while U.S. President Donald Trump countered the claims as fabricated to artificially raise oil prices. According to Gain Capital's market sentiment gauge, short

According to Shanghai Steel United, MMLC battery-grade lithium carbonate midpoint fell 1,750 yuan/ton in early trading today (October 23), closing at 96,650 yuan/ton.