Commodities (Crude Oil & Copper) & Macro Outlook

According to Yonhapinfomax, the U.S. dollar weakened on August 31 morning (US Eastern time), with the dollar index (DXY) tracking the greenback against six major currencies falling to 99.510, down 0.145 points (0.146%) from the previous close of 99.655. The euro strengthened after German regional co

According to CNYES, on August 31, the U.S. and Iran exchanged military strikes for the second time in a month, pushing crude oil prices sharply higher. West Texas Intermediate crude surged 2.53% to $85.51 per barrel, while Brent crude climbed 2.21% to $88.02, intensifying concerns over inflation and

According to Brazil's Vice President Gabriel Alckmin, Congress will vote this week on a measure to maintain federal import tariff exemptions for low-value commodities.

Tomorrow, Interior Secretary Burgum will discuss gasoline prices at the White House. The Trump administration aims to support refineries rather than allow them to go bankrupt, Burgum stated.

According to Odaily, HyperLend co-founder ness.hl recently announced on X that the lending protocol will not exit the market and plans to support equities and commodities as additional collateral types beyond crypto assets. HyperLend has generated over $20 billion in loan volume since its

According to Reuters, the U.S. may approve an expansion of biofuel exemptions as early as next Monday.

According to major Wall Street institutions, commodity valuations relative to U.S. equities have fallen to their lowest level in over 50 years, with the S&P GSCI to S&P 500 ratio at its weakest since the 1970s. Jefferies global metals and mining research head Christopher LaFemina noted that

According to Reuters, Trump is scheduled to meet with oil company executives on Tuesday.

According to a Reuters survey, the average price of Brent crude oil for 2026 is projected at $85.08 per barrel, a decrease from the previous forecast of $85.22 per barrel made in July.

According to Reuters survey conducted on August 31, U.S. crude oil average price is now projected at $80.20 per barrel for 2026, up from the previous forecast of $80.14 per barrel issued in July.

According to the Russian Central Bank's latest high-risk scenario forecast, Russia's GDP will contract 3%-4% and inflation will rise to 11%-13% in 2027. The forecast also predicts average crude oil prices will fall to $35 per barrel during the same

According to BlockBeats, on August 31, Saudi Arabia and the United Arab Emirates are accelerating investments in ports, pipelines, and rail projects to create alternative energy routes as Iran conflict continues to disrupt Strait of Hormuz shipping. The strait previously carried one-fifth of

According to E-Daily on August 31, SK Geocentric, a petrochemical subsidiary of SK Innovation with an AA- credit rating, plans to issue up to 160 billion won in corporate bonds in September. The company will initially offer 80 billion won split between 2-year and 3-year maturities, with a demand

According to Shanghai Futures Exchange, on August 31, 2026, three groups of accounts exceeded intraday opening transaction limits on related contracts, triggering the exchange's threshold for enforcement action. The exchange has imposed restrictions on position opening for the affected accounts on c

Bitcoin traded at $78,500 as the Japanese yen breached 160 per dollar in Tokyo trading and a U.S. strike on Iran's Larak Island added to market uncertainty. The price action followed Friday's broad dollar advance and hawkish remarks from Warsh at Jackson Hole, which lifted expectations for a

According to Shanghai Energy Exchange, the trading fee for low sulfur fuel oil options is 0.2 yuan per lot, with same-day close-out trades exempt from fees as of August 31. From the launch date through December 31, 2026, hedging trades receive a 50% fee discount, excluding high-frequency traders des

According to Shanghai Energy Exchange announcement reported by Jin10 on August 31, low sulfur fuel oil options will begin trading with day sessions from 9:00-10:15, 10:30-11:30, and 13:30-15:00 (Monday to Friday), and evening sessions from 21:00-23:00 (aligned with underlying futures). The first

According to Bloomberg, Saudi Arabia is reportedly seeking approximately $8 billion in loans as fiscal pressures mount amid geopolitical tensions between the United States and Iran.

According to an announcement by the Shanghai International Energy Exchange (INE), low sulfur fuel oil options will commence trading on September 10, 2026, at 9:00 AM. The session opening will include a call auction from 8:55 to 9:00 AM. The maximum order size for limit orders is set at 100 lots,