Commodities (Crude Oil & Copper) & Macro Outlook

According to Wells Fargo analyst Timna Tanners, Canada's recent retaliatory tariffs on U.S. steel and aluminum products are largely symbolic in nature. Tanners noted that rising Canadian steel prices have incentivized domestic producers to retain output for the domestic market rather than export to

The MSCI Emerging Markets Index rose 3.3% in August, marking its best performance for the month since 2004. The rally was driven by broadening gains beyond top artificial intelligence stocks, supported by a commodities rally fueled by dollar weakness. Global investors have increased allocations to e

According to CNBC, President Trump will meet with oil refiners and fuel dealers on Tuesday, September 1, to discuss expanding refining capacity and lowering gasoline prices.

Iran's deputy parliament speaker called for targeting all oil-exporting countries as a strategy to increase economic pressure on the United States. The statement comes amid heightened geopolitical tensions and ongoing sanctions that have already impacted Iran's oil exports. The deputy speaker's

According to Iran's deputy parliament speaker, the country should target all oil-exporting nations as a strategy to increase economic pressure on the United States, amid ongoing geopolitical tensions and sanctions affecting Iranian oil exports. Brent crude oil is currently trading at

Last week, the U.S. Strategic Petroleum Reserve (SPR) declined by approximately 3.1 million barrels, falling to 286.6 million barrels.

On August 31, European natural gas futures closed mixed as markets wrapped up August gains. TTF benchmark Dutch natural gas futures surged 5.66% to 70.059 euros per megawatt-hour, with August month-to-date gains of 18.74% after bottoming at 51.665 euros on August 5. ICE UK natural gas futures

According to ChainCatcher, BlackRock's BUIDL fund assets reached approximately $2.8 billion by late August, reclaiming the top position as the largest tokenized U.S. Treasury product and surpassing Circle's USYC. BUIDL accounts for 18.5% of the $15.1 billion tokenized Treasury market. The fund,

According to Bloomberg Commodity Index data, agricultural commodity prices surged 13% in August through Friday, on track for the largest monthly gain since July 2012, driven by war-disrupted supply and extreme weather concerns. Wheat prices hit three-year highs as Black Sea port attacks blocked

According to Jin10, U.S. natural gas futures rose slightly on August 31 as weather forecasts predict higher-than-normal temperatures over the coming weeks, boosting cooling demand and air conditioning usage among consumers. The restart of Texas Freeport liquefied natural gas plant following

According to sources, Russia's Yaroslavl refinery sustained a drone attack on August 28, resulting in two of its three crude oil distillation units halting operations. The facility's crude processing capacity has been significantly impacted by the

Chile's National Statistics Bureau said on August 31 that July copper production fell 9.4% year-over-year, declining from 445,322 tons in the same month last year to 403,424 tons. The drop was attributed to severe storms that disrupted operations at mining facilities affected by the adverse

From 14:00 to 15:00 (UTC) on August 31, 2026, BTC recorded a slight gain of 0.05% during that period, with its price fluctuating between 77,800.6 and 78,068.1 USDT and an intraday range of just 0.34%. The current price is approximately 78,566 USDT, down a marginal 0.25% over 24 hours, with the overall market confined to an extremely narrow range and trading sentiment subdued. The core driver of this move was the strong offsetting effect of bullish and bearish factors. On one hand, the US-Iran co

According to Jin10, India's Oil and Natural Gas Corporation (ONGC) plans to invest 70 billion rupees ($736 million) to build underground crude oil storage facilities in southern India on August 31. The new strategic reserve will hold approximately 13 million barrels, enhancing the country's buffer a

According to Wood Mackenzie data, funding for natural gas asset acquisitions exceeded $320 billion in the first half of 2026, marking the highest level in over a decade. The surge, compounded by Middle East tensions, has also driven valuations higher for gas assets in the Americas and other

According to sources cited by Bloomberg, refiners from Japan and South Korea have increased purchases of Argentine Medanito crude in recent weeks, with at least one cargo completed for shipment in early August. The move reflects efforts by refiners to diversify supply sources and strengthen energy s

According to Germany's Federal Statistical Office (FSO), the country's August consumer price index rose 2.9% year-over-year on August 31, matching market expectations. The month-over-month increase was 0.1 percentage point from July's 2.8%. Core inflation, excluding volatile food and energy,

According to Guru Club, China's coking coal futures main contract fell over 2% on August 31, trading at 1,662 yuan per ton after briefly climbing over 2% earlier in the session.