Commodities (Crude Oil & Copper) & Macro Outlook

According to The Guardian on August 29, EU natural gas reserves fell to 63% in the final week of August, significantly below the typical 80% average for the period. The decline raises concerns that reserves could reach their lowest level since 2013 as winter approaches. The drop stems from

According to @MarioNawfal, U.S. gas prices surged $1.25 per gallon due to ongoing geopolitical tensions linked to the Iran conflict. The American Automobile Association recorded the national average price of regular gasoline at $4.081 per gallon in August, marking a significant increase

According to PM Anwar, Malaysia will increase fuel subsidy quotas from Sept 1, boosting petrol from 200L to 300L monthly and diesel from 300L to 400L monthly. The expansion will benefit approximately 500,000 diesel users. The government currently allocates 40

According to Iranian media MEHR, Iran is allowing ships to pass through the Hormuz Strait on the Iranian side on a limited basis.

The Russian government extended its ban on diesel exports on Saturday through September 30 to secure domestic fuel supply amid intensified Ukrainian strikes on Russian refineries. The government stated the decision aims to support stability in the domestic fuel

According to Iranian state media Fars News on August 30, Iran disputed U.S. President Trump's oil agreement with Venezuela, stating the deal would produce only 63 billion barrels of heavy crude over 100 years—translating to daily output less than half of Iran's current production and just 8% of

According to Bank of America chief investment strategist Michael Hartnett, contrarian investors are closely monitoring two potential catalysts that could trigger a shift to defensive assets as bullish consensus reaches extreme levels. The first signal is an easing of U.S.-Iran tensions coupled

According to the American Automobile Association, U.S. gas prices have surged by approximately $1.25 per gallon in August 2026 due to geopolitical tensions linked to the Iran conflict, as reported by @MarioNawfal. The national average price of regular gasoline currently stands at $4.081 per gallon,

According to Bloomberg NEF and JP Morgan, the global solar panel industry is significantly reducing silver consumption in 2026 due to soaring costs. Silver prices surged 150% last year, with silver now accounting for approximately 20% of solar module production costs. JP Morgan projects

According to The Edaily, on August 2, G7 countries face an additional $16 billion in debt financing costs as global government bond yields rise following the Iran-U.S. conflict. The closure of the Strait of Hormuz has driven energy prices higher, intensifying inflation concerns and increasing

According to CCTV, on August 28, Iran's President Pezeshkian stated that Iran would open the Strait of Hormuz if the United States fulfills several conditions: lifting its maritime blockade on Iran, canceling sanctions on Iranian oil and petrochemical products, unfreezing Iranian assets, beginning i

According to the American Automobile Association (AAA), U.S. gas prices surged $1.25 per gallon to $4.081 per gallon in August amid ongoing geopolitical tensions linked to the Iran conflict. The increase represents a 31.8% year-over-year rise from $3.2013 a year ago and translates to an

According to Guru Club, Venezuela's interim president Delcy Rodriguez disclosed details of an oil agreement with the United States on August 30, targeting daily production of 1.5 million barrels from 17 oil fields over 25 years. The agreement sets crude prices at $69 per barrel, with the

According to APK-Inform, Ukraine's main grain exports increased 28% during the week of August 20-26, reaching 240,900 tons.

According to @MarioNawfal, U.S. gas prices surged by approximately $1.25 per gallon in August amid ongoing geopolitical tensions linked to the Iran conflict. The American Automobile Association recorded the national average price of regular gasoline at $4.081 per gallon, up significantly

According to Reuters, September brings multiple market risks as global investors return from summer break. The U.S. Federal Reserve will hold a rate decision on September 16, with markets estimating a 40% probability of a rate hike, while the Bank of Japan is expected to raise rates on September 18.

According to @MarioNawfal, U.S. gas prices surged by approximately $1.25 per gallon in August 2026 due to geopolitical tensions linked to the Iran conflict. The American Automobile Association (AAA) recorded the national average price of regular gasoline at $4.081 per gallon, marking a significant y

According to the Wall Street Journal, the U.S. government announced on Friday night that it will hold a 35% passive stake in a private Venezuelan oil company and secure first-right-of-purchase on 20% of its production. The company, North American Blue Energy Partners led by Venezuelan businessman

According to Yonhapnews, South Korean oil refiners surged in August as of August 30, with GS rising 45.17%, S-Oil gaining 17.20%, and SK Innovation up 5.79%, all outpacing the KOSPI's 2.93% gain. The rally was driven by improved crude sourcing conditions that

According to Jin10, on August 30, Venezuela's interim president Delcy Rodríguez revealed details of a 25-year petroleum agreement with the U.S., covering 17 prospective oil fields with a production target of 1.5 million barrels per day. Under the accord, oil is priced at $69 per barrel, with the Ven