Commodities (Crude Oil & Copper) & Macro Outlook

According to market sources, OPEC+ may decide to increase its September oil production quota by approximately 188,000 barrels per day during its August 2 meeting, three sources said.

According to Yonhapinfomax, on July 23 (U.S. Eastern Time), U.S. 10-year Treasury yields rose 4.70 basis points to 4.704%, while 2-year yields climbed 5.60 basis points to 4.358%. The 30-year yield increased 3.40 basis points to 5.180%. Geopolitical tensions in the Middle East, including threats to

According to BlockBeats and CME data, on July 24, three macroeconomic pressures pushed markets into turmoil: crude oil touched $100, the 10-year Treasury yield surged to 4.7%, and the dollar index climbed above 101. These moves have elevated the probability of a Federal Reserve rate hike next week t

According to Jin10, the U.S. will announce its response plan Thursday evening for the expiring 10% baseline tariff, which is set to expire Friday. White House Press Secretary Karolyn Levitt stated that U.S. Trade Representative Jamieson Griller will release the government's tariff plan later Thursda

According to Barrick Mining Corp., the company will begin evacuating employees stranded at its Barriales and Potrerillos camps in northern Chile by helicopter starting Friday, following a severe storm that cut off road access. The company stated in a statement that personnel at both facilities

WTI crude oil jumped 7% intraday today, breaking through $93 per barrel. Brent crude rose more than 5%, trading at $95.31 per barrel.

According to Reuters, the European Union approved its 21st sanctions package on July 23, targeting 218 individuals and entities linked to Russia's war in Ukraine. The measures hit over 100 banks, 94 Russian financial institutions, 32 additional banks with transaction restrictions, and crypto

Swap market pricing shows a 100% probability of the Bank of England increasing rates by 51 basis points by year-end, the first upward revision since July 14, up from Wednesday's forecast of 44 basis points. This reflects strengthened market expectations for prolonged tight monetary conditions as

Crude oil and styrene futures rose over 3.2% during overnight trading on July 23, while low-sulfur fuel oil, pure benzene, and asphalt gained over 2%. Hot-rolled coil fell over 0.3%, iron ore dropped about 0.5%, and soda ash declined

According to Reuters calculations, Russia's federal oil and gas tax revenue increased 60% year-over-year in July, reaching 1.3 trillion rubles, driven by rising global oil prices.

According to the U.S. Energy Information Administration (EIA), American natural gas inventories increased by 32 billion cubic feet last week, falling short of the Bloomberg consensus forecast of 34 billion cubic feet. Inventories rose 1.06% week-over-week to 3.06 trillion cubic feet, compared to the

According to EIA, U.S. natural gas stockpiles for the week ending July 17 stood at 32 billion cubic feet, falling short of expectations of 35 billion cubic feet and declining from the prior week's 41 billion cubic feet.

According to the EIA weekly natural gas report, U.S. natural gas inventories reached 3.056 trillion cubic feet for the week ending July 17, up 32 billion cubic feet from the prior week. Year-over-year, inventories declined 16 billion cubic feet, or 0.5%. The current level remains 183 billion cubic f

The US dollar strengthened on the 23rd, with the Dollar Index rising to 101.297 as of 8:03 AM Eastern Time, up 0.175 points or 0.173% from the previous close of 101.122, according to Yonhap Infomax. The currency gained as shipping disruptions in the Strait of Hormuz and Red Sea coincided with

According to Yonhap Infomax, on July 23, the U.S. Dollar Index (DXY) rose to 101.297, up 0.175 points (0.173%) from the previous close of 101.122, as shipping disruptions in the Red Sea and Strait of Hormuz drove up international oil prices. Pro-Iran Houthi forces claimed responsibility for

The U.S. Energy Information Administration will release its weekly natural gas inventory report at 10:30 PM Beijing time on July 23.

The U.S. Energy Information Administration (EIA) is set to release its weekly natural gas inventory report for the week ending July 17 shortly.

From 13:45 to 14:00 (UTC) on July 23, 2026, BTC fell 0.32% over 15 minutes, with the price touching the $64,864.8–$65,145.1 range and the amplitude of 0.43%. Over the past 24 hours, BTC has cumulatively fallen by about 1.66%, with an intraday low of $64,820. Market attention has clearly risen, and volatility has increased. The main driver behind this unusual move is the continued escalation of the military conflict between the US and Iran compounded by rising expectations for a Fed rate hike in

According to IFX, Russia is discussing extending its diesel export ban by one month and its gasoline export ban by six months in recent discussions.