Commodities (Crude Oil & Copper) & Macro Outlook

According to LESG data, French day-ahead baseload electricity prices fell 6.8% to 144 euros per megawatt-hour recently, while German day-ahead baseload prices rose 16.94% to 145 euros per megawatt-hour.

According to Jin10 Futures, on August 27, China's liquefied petroleum gas (LPG) futures main contract closed at an average price of 5,853 yuan per ton in August, up 736 yuan or 14.38% month-over-month. U.S.-Iran negotiations have stalled, shipping through the Strait of Hormuz remains uncertain,

According to industry analyst Cui Dongshuren from the China Passenger Car Association, China's exported lithium battery average price fell to 106,000 yuan in July, down 3% year-over-year. Export prices have declined consistently from 142,900 yuan in 2024 to 112,300 yuan in 2025 and 105,000 yuan in 2

France's Producer Price Index (PPI) climbed to 3.4% year-over-year in July, up from 2.60% in the previous month.

WTI crude oil fell 1.00% intraday to $80.62 per barrel, while Brent crude declined 0.9% to $85.57 per barrel on August 27.

According to Kevin Gordon, Schroders Financial Research Center's head of macro research, artificial intelligence spending, tariffs, and energy are the primary drivers of current U.S. inflation. Following Wednesday's PCE data release, Gordon noted that commodities show the most visible impact from ta

According to the U.S. Energy Information Administration (EIA) report, the Strategic Petroleum Reserve declined 3.7 million barrels to 289.7 million barrels in the week ending August 21, representing a 1.26% decrease. In the same period, U.S. crude oil exports fell 274,000 barrels per day to 3.792 mi

According to Statistics Norway, the country's gross domestic product expanded 0.7% quarter-over-quarter in Q2 2026. Non-oil GDP, which excludes petroleum sector output, grew 0.3% for the same period.

Robert Kiyosaki, author of Rich Dad Poor Dad, warned investors that holding too much cash could be a losing strategy after US national debt crossed $40 trillion for the first time. Treasury data showed total public debt outstanding reaching $40.047 trillion on Aug. 18, up from $39.987 trillion a

According to Treasury data, U.S. national debt reached $40.047 trillion on Aug. 18, prompting Robert Kiyosaki to renew his warning that holding cash is a losing strategy. The "Rich Dad Poor Dad" author stated that "savers of cash are the biggest losers" and argued investors should favor scarce or in

According to traders reported by financial media on August 27, Kuwait and Qatar are increasing crude oil exports via the Strait of Hormuz, with combined daily output recovering to 70% of pre-conflict levels, roughly 1.4 million barrels daily from a pre-conflict average of 2 million barrels. Total c

According to CME data released on August 27, natural gas on August 26 saw trading volume increase 106,581 contracts to 507,560 and open interest rise 20,146 contracts to 1,767,876. Meanwhile, copper declined 704 contracts in volume to 102,341 and 4,505 in open interest to 278,794. Brent crude oil

According to a company executive, Bharat Petroleum Corporation (BPCL) recently announced plans to increase the Kochi refinery's production capacity from 15.5 million tonnes per year to 17 million tonnes per year, representing an expansion of 1.5 million tonnes

According to analysts reported by Jin10 on August 27, European natural gas prices may surge above 100 euros per megawatt-hour (MWh) this winter, reaching the highest level since the 2022 energy crisis triggered by the Russia-Ukraine war. The spike would be needed to attract sufficient U.S.

Zinc prices rose for the seventh consecutive trading day on Aug 27, trading near four-year highs amid tightening supply concerns. LME zinc futures climbed as much as 1% during the session. The spot premium over three-month zinc futures expanded by 65.59 USD, reaching its widest level since

According to market reports, a refinery in Russia's Volga region halted operations on August 27.

According to Yonhap Infomax, the Korean Trade Insurance Corporation signed a memorandum of understanding (MOU) with global commodity trader Trafigura on August 26 for financial support and enhanced cooperation on critical raw materials trading between the companies. Trafigura primarily supplies

According to industry sources, up to 70 vessels are waiting near the Danube River Sulina Canal to enter Ukrainian ports for grain exports as of August 27, after Russian attacks effectively blockaded Ukraine's Black Sea ports. The disruption has forced some cargo ships to divert to lower-capacity Dan

According to Jin10, Australia's Qantas Group reported on August 27 that its fiscal 2026 after-tax profit fell over 19% year-on-year to 1.29 billion AUD for the year ending June 30, as geopolitical tensions in the Middle East pushed up jet fuel prices. Pre-tax profit declined 13.8% to 2.06 billion AU

According to Kpler data, the Strait of Hormuz saw 10 trackable commodity vessels pass through on Wednesday (August 27), up from 8 vessels on Tuesday but below the 10-day average of approximately 15 vessels, despite persistent U.S.-Iran geopolitical tensions. The increase included two medium-sized pr