Commodities (Crude Oil & Copper) & Macro Outlook

According to Hengtai Futures, China's crude oil SC2610 contract closed at 741.5 yuan/barrel on September 9, driven by escalating U.S.-Iran tensions and attacks on Saudi energy facilities. Supply disruption concerns and restricted Strait of Hormuz transit continue to constrain oil transport. U.S. cru

According to the UK Maritime Trade Organization (UKMTO), a vessel tilted while at anchor approximately 24 nautical miles northwest of Rashid Port in the United Arab Emirates. The tanker reported possible water ingress following what may have been a projectile

WTI crude oil broke through $95 per barrel intraday on September 9, trading at $95.01, up 2% during the day.

According to President Volodymyr Zelenskyy, Ukraine struck targets in Russia's Novorossiysk and Krasnodar regions, including an oil terminal. Zelenskyy's statement confirms Ukrainian military operations against Russian infrastructure in the southern region.

Rain City Resources has partnered with ZERO13, a GMEX Group company, to develop blockchain-enabled infrastructure for tracking lithium production and verifying environmental performance. The collaboration aims to create a digital framework tracking lithium from source to final production, covering f

Turkish Energy Minister announced that the country will begin oil exploration operations in the western Black Sea in the coming days.

Retail investors in Korean stocks net sold 14.34 trillion won worth of shares during September 1-9, according to Korea Exchange KRX Information Data System. During the same period, foreign investors net bought approximately 1.35 trillion won while institutions purchased 3.28 trillion won,

A research paper published on arXiv on September 4 found insufficient evidence that artificial intelligence can generate sustained excess returns in digital asset and stock investments after accounting for transaction costs and risks. The paper, titled 'Artificial Intelligence in Stock and Digital A

According to Kepler, a ship-tracking institution, only 6 commercial vessels transited the Strait of Hormuz on September 8, down from 9 vessels the previous day and below the typical daily average of around 12 vessels. The data may vary as some vessels typically disable their automatic

According to Bloomberg, South Korea has selected a $22 billion natural gas power plant project in Encinal, Texas, as its first investment commitment under last year's Korea-U.S. trade agreement framework. The project will have a total capacity of 6.3 gigawatts, with an initial 1.4 gigawatt gas

According to the London Metal Exchange (LME), as of September 9, aluminum inventory remained unchanged, while copper inventory decreased by 1,900 tons, tin by 75 tons, nickel by 84 tons, and lead by 600 tons. Zinc inventory rose 300 tons.

According to Jin10 Futures, as of 4:02 PM local time on September 9, domestic commodity futures experienced divergent capital flows. Inflows included Crude Oil (September 2026) with 372 million yuan, Alumina Oxide (January 2027) with 362 million yuan, and 30-Year Government Bonds (December 2026) wit

According to Bloomberg, carbon capture and storage (CCS) project developers in the European Union are set to receive approximately 58 million carbon allowances under the EU's newly announced Investment Booster plan. Based on current carbon price forecasts, these allowances are valued at approximatel

According to HyperliquidNews, elevated funding rates for WTIOIL and BRENTOIL are a normal market phenomenon caused by futures contract rolling arrangements. Oracles reference futures contracts with expiration dates, making higher funding rates

Brent crude oil futures crossed the $100-per-barrel threshold on September 9 at 4:31 PM, marking the first time since July 24 that prices reached this level. November delivery Brent crude rose 2.15% to $100.03 per barrel, driven by escalating military tensions between the United States and Iran.

The USD-JPY exchange rate declined 0.35% to 153.379 yen as of 2:06 PM on September 9 in the Tokyo forex market. The decline followed sustained expectations that the Bank of Japan (BOJ) may accelerate its interest rate hike pace, prompting traders to unwind accumulated yen-short and dollar-long

According to Infomax, on September 9, the USD/JPY exchange rate declined 0.35% to 153.379 yen as of 2:06 p.m. Tokyo time. The drop was driven by accelerating expectations of a faster Bank of Japan rate hike, prompting traders to unwind accumulated short-yen

According to Dalian Exchange warehouse data released by Jin10 on September 9, petrochemical futures warehouse receipts showed the following changes: polyethylene (PE) stood at 4,243 contracts, flat from the previous trading day; polyvinyl chloride (PVC) rose to 118,606 contracts, up 17 contracts; po

According to Jin10, on September 9, energy, chemical, and light chemical futures extended gains at market close, while precious metals, base metals, and agricultural commodities retreated.

According to Jin10 Futures citing Fujairah Oil Industrial Zone (FOIZ) data, refined oil total inventories at Fujairah port surged to 9.982 million barrels as of the week ending Sept 7, up 3.57 million barrels from the previous week. Light