Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, on August 27, Petrobras is exploring the possibility of exporting liquefied natural gas (LNG) from its giant offshore gas fields as demand surges in Asia and other regions. The Brazilian state oil company's CEO Magda stated that Petrobras has been in discussions with

The Trump administration is considering comprehensive tariffs on semiconductors, Politico reported on the 27th (local time), citing unnamed sources familiar with the matter. The proposed tariff framework would significantly expand the number of technology products subject to duties, potentially

According to announcements on August 27, 2026, Shanxi Coking Coal resumed production at its Xiqv Mine starting August 26 after a safety-related shutdown on August 5. The mine accounts for 2.7 million tons of the company's annual production capacity, or 5.67% of total capacity. Meanwhile, U.S.

According to Tasnim News, Iran's deputy parliament speaker Ali Nikzad inspected the oil infrastructure on Khark Island today (August 27) following months of US strikes. Khark Island, located off Iran's southern coast, is a critical oil export hub. At its peak, the island handled approximately 90% o

China's coking coal futures main contract rose nearly 2% today to 1,618 yuan per ton. The September 2609 contract surged over 4% to 1,719 yuan per ton. Since the start of August, the contract has climbed more

According to the European Union Sugar Market Observatory's latest market dynamics report, EU sugar production for the 2026-27 sugar season is forecast to decline 19% year-over-year to 13.4 million tonnes, down from an estimated 16.6 million tonnes in the 2025-26 season. The EU Sugar Market Observato

From 14:15 to 14:30 on August 27, 2026 (UTC), BTC rose 0.57% in 15 minutes, with a price range of 79,400.1–79,916.9 USDT and an amplitude of 0.65%. Over the past 24 hours, BTC has risen approximately 1.21%, with the current price around $79,501. Market volatility has intensified as investors focus on changes in safe-haven demand amid rising geopolitical risks. The primary driver of this move was the return of safe-haven funds triggered by the US-Iran conflict reaching a stalemate. The US-Iran wa

According to reports from British sources, Persian Gulf oil producers have recently adjusted crude export strategies amid tightening Hormuz Strait shipping security. Measures include expanding existing tanker fleets and modifying transshipment routes. The shift has driven up oil tanker spot prices a

According to the U.S. Energy Information Administration, U.S. natural gas inventories last week increased by 15 billion cubic feet, with a week-over-week gain of 0.47%, reaching 3.18 trillion cubic feet. Bloomberg users had projected an increase of 16 billion cubic feet, while analysts

According to the U.S. Energy Information Administration (EIA), natural gas inventories fell to 15 billion cubic feet for the week ended August 21, down from 16 billion cubic feet in the prior week.

According to the U.S. Energy Information Administration, natural gas inventories for the week ended August 21 fell to 150 billion cubic feet, compared to a forecast of 200 billion cubic feet and the prior week's 160 billion cubic feet.

SC crude oil 2610 futures (China's benchmark crude contract) surged 3% during intraday trading on August 27, reaching 590.9 yuan per barrel. Trading volume exceeded 18.5 billion yuan, with open interest climbing approximately 1,100 contracts, signaling elevated market

The U.S. Energy Information Administration will release natural gas inventory data for the week ending August 21 in approximately 10 minutes.

WTI crude oil rises 1.0% intraday to $83.08 per barrel on August 27.

According to Odaily, on August 27, Brent crude oil rose 1.44% to $89.6 per barrel, while gold declined 0.13% to $4,590.4 per ounce. WTI crude oil also gained 0.9%, trading at $83.33 per barrel.

Oil traders estimate that approximately 6 to 8 million barrels of crude oil are currently flowing through the Strait of Hormuz daily as Middle Eastern producers increase exports, according to trading and monitoring sources. However, current transportation volumes remain at roughly 50% of

According to Guru Club, the Baltic Dry Index (BDI) rose 51 points, or 1.7%, to 3107 on August 27, marking its sixth consecutive day of gains and highest level in three months. Capesize ship rates surged 2.1% to 5138, reaching peak levels since June 3, with daily earnings up $950 to $43,098.

According to Iran's IRNA, on Monday, Farhani, head of Iran's Industry Chamber, denied that commodity shortages exist domestically despite U.S. maritime blockade measures. "We have no commodity shortage, but prices are significantly elevated," Farhani stated, attributing the price increases to

According to Guru Club, U.S. commodity imports surged 3.7% in July while exports fell 2.9%, driven largely by capital goods imports—which include computers, semiconductors, and telecom equipment—reaching their largest increase since 1993. The spike reflects accelerating imports of AI server

Brent crude oil rose 1.0% intraday today, reaching $87.84 per barrel.