Commodities (Crude Oil & Copper) & Macro Outlook

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.

According to Jin10, three commodity options surged overnight as of August 27, 21:20. Crude oil 2610 call options (650 strike) jumped 50.85% to 4.45 yuan per barrel, while methanol 2610 call options (3,000 strike) gained 46.67% to 22.0 yuan per ton. Shanghai aluminum 2610 call options (25,000 strike)

According to Jin10, the European Central Bank stated on Thursday (August 27) that geopolitical developments in the Middle East, Ukraine, and Russia pose upside risks to oil and gas prices. While current oil prices remain "far below recent highs," ECB meeting minutes showed that prices "remain well a

The European Securities and Markets Authority will activate its revised weekly commodity derivatives position reporting framework on 3 September 2026. The launch arrives five months after a planned 1 April rollout was halted on 27 March during final testing. Trading venues operating commodity deriva

According to ESMA, the European Securities and Markets Authority will activate its revised weekly commodity derivatives position reporting framework on September 3, 2026, five months after a planned April 1 launch was halted during final testing. The updated framework uses XML schema v2.0 and

According to ECB meeting minutes, energy price increases may not have fully reflected in consumer fuel prices within July data, with the effects potentially becoming visible in August figures.

According to Reuters, Brent crude fell to $87.43 per barrel and West Texas Intermediate to $81.86 early Thursday (Aug 27), extending multi-session declines as Iran, Oman and Qatar pursued talks aimed at easing disruptions around the Strait of Hormuz. U.S. distillate inventories declined 2.2

Brazil's rare earth resources have become a focal point in US-China competition, with the country holding the world's second-largest reserves of these strategic minerals. US investors committed $1.6 billion in financing and procurement to Brazil's only commercial rare earth mine, Serra Verde in

A cross-party Japanese parliamentary delegation met with Lu Kang, Vice Minister of the International Liaison Department of the Communist Party of China Central Committee, on the 27th to discuss Taiwan issues and rare earth export controls. The meeting, led by Isao Iijima, Publicity Committee

According to Central News Agency reporting, foreign investors are competing to control Brazil's rare earth resources, with the U.S. committing $1.6 billion in financing and procurement pledges on August 26. The U.S. Department of Defense is supporting USA Rare Earth to develop the Serra Verde mine i

CME Group plans to launch five financially settled wind power futures and related options in the fourth quarter of 2026, pending regulatory review. The exchange announced that the contracts will cover Texas, Germany, the United Kingdom and Victoria in Australia, all to be listed on NYMEX. The future

According to CME Group, the exchange plans to launch five financially settled wind power futures and related options in the fourth quarter of 2026, pending regulatory approval. The contracts will cover Texas, Germany, the United Kingdom and Victoria in Australia, with two German indices offering

According to Mongolia's Emergency Command Center, on August 27, fuel imports have declined 40% due to reduced shipments from external suppliers, with Russian fuel imports significantly affected. The shortage has triggered fuel supply tension and price fluctuations across the country, the ministry st

According to a financial seminar held by NH Investment & Securities on August 26 in Daegu, South Korea, equity markets may face short-term adjustments in September, with executives recommending diversified investment strategies. Lee Hyuk-jin, a senior consultant at NH Securities, stated that

According to Al Jazeera, citing Iranian state news agency IRNA, Iran's Vice President Jafar Ghaem-Panah stated on August 27 that a U.S. naval blockade has prevented Iran from importing sufficient gasoline to compensate for domestic production shortfalls. "Gasoline production is insufficient, and

According to Bharat Petroleum executives, the company will conduct a ship-to-ship transfer of 1 million barrels of Iraqi crude in Fujairah within one to two days.