Commodities (Crude Oil & Copper) & Macro Outlook

Foreign investors are set to receive 1.6 trillion won (1.16 billion USD) in dividend payments on August 28, with Samsung Electronics accounting for 900 million USD. The remittance demand for dollar conversion is expected to create upward pressure on the USD/KRW exchange rate, which is trading

According to Shin Young Securities, U.S. President Donald Trump signed an executive order on August 26 restricting foreign power equipment imports on grid security grounds, signaling potential benefits for South Korean battery makers. The move aims to reduce China's dominance in the North American e

According to Jin10 Futures, overnight oil prices rose on August 28 as fuel oil cost support remained solid. Tight supply for some resources is expected to benefit refineries in raising prices, with the market maintaining elevated quote levels and downstream buyers focusing on spot

According to Goldman Sachs, the Persian Gulf region is currently exporting approximately 15-16 million barrels per day of oil. While this remains 7-8 million barrels per day below pre-war levels, it marks an increase of 5-6 million barrels per day from March's low point. The bank estimates that oil

According to Han Korea Investment Securities analyst Lee Choong-jae, President Donald Trump is restricting foreign power equipment from the U.S. power grid on national security grounds. Chinese batteries are now facing likely exclusion from the U.S. data center energy storage system (ESS) market,

Malaysian palm oil futures are expected to open higher on Friday, August 28, according to market reports. The move follows strength in crude oil markets, with Brent crude rising more than 2% after the U.S.

The US government is reviewing the implementation of tariffs on imported semiconductors, according to a Politico report. The consideration comes as the US spent $48 billion on semiconductor imports last year, representing 1.4% of total US imports. The potential tariff policy faces scrutiny amid

According to South Korea's Coast Guard, a 7,000-ton product tanker caught fire off Incheon on Thursday evening (August 27) at approximately 10:38 PM. The vessel was carrying petroleum products; the fire has been extinguished and did not spread to the fuel storage compartment. Of the 18 crew

According to sources, the Trump administration plans to significantly expand biofuel blending exemptions for small refineries, potentially doubling the renewable fuel credit quota (RINs) from the current 990 million to up to 1.8 billion, with a final decision expected by end of August. The move

According to the Wall Street Journal, citing sources familiar with the matter, the Trump administration rejected the possibility of rejoining the June memorandum of understanding with Iran on August 28. Instead, the administration plans to rely on economic pressure against Iran and will assess

According to Jin10, overnight on August 28, WTI crude oil futures surged 1.59% to $83.54 per barrel and Brent crude rose 1.76% to $88.47 per barrel. U.S. pullback from Iran nuclear negotiations, coupled with Russian refinery attacks halting processing and U.S. diesel inventories hitting historic

Yuanta Securities raised its target price for S-Oil to 205,000 won from 175,000 won on May 28, citing stronger-than-expected refining industry conditions and second-half performance momentum. The brokerage attributed the upward revision to sustained high refining margins driven by global petroleum p

Korean government bond futures declined in overnight trading on May 28, tracking weakness in US Treasuries. The 3-year Korea Treasury Bond (KTB) futures contract closed down 4 ticks at 103.47, while the 10-year contract fell 7 ticks to 106.26, according to Seoul bond market data. The declines

According to sources, President Trump is scheduled to meet with U.S. oil refiners and fuel retailers next week to discuss measures to lower gasoline prices ahead of November midterm elections. Expected attendees include Valero Energy, Marathon Petroleum, and PBF Energy among refiners, plus major fue

According to Guru Club, on August 28, the Trump administration is in talks with Venezuela to acquire stakes in over a dozen of the country's oil fields. The agreement could double U.S. oil reserves. U.S. Secretary of State Marco Rubio is leading negotiations with Venezuelan interim president

According to Bloomberg, Venezuela is assessing the feasibility of withdrawing from OPEC, with sources saying the matter is a top priority in discussions between the country and the United States.

Bitcoin surged above $80,000 today, extending its monthly gains to approximately 25% amid continued inflows into spot ETFs. According to market reports, spot Bitcoin ETF inflows have persisted for eight consecutive trading days, signaling sustained institutional demand. Oil prices rose 2%

US Treasury yields rose slightly on August 27 (US Eastern Time), with the 10-year note climbing 0.80 basis points to 4.6720% as of 3pm. Oil prices surged after reports indicated the Trump administration repeatedly told mediators it has no interest in returning to the June ceasefire memorandum of