Commodities (Crude Oil & Copper) & Macro Outlook

According to HSBC, the bank has raised its TTF natural gas price forecasts for the second half of 2026 to $22.5 per million British thermal units (MMBtu), and its 2027 forecast to $17 per MMBtu.

Asian stock markets declined on September 8 as technology stocks faced profit-taking pressure, with Japan, Hong Kong, and Taiwan falling while Chinese mainland indices showed mixed results. The Nikkei 225 dropped 1,130.51 points (1.70%) to 65,269.33 and TOPIX fell 75.47 points (1.83%) to 4,050.33, d

According to Bloomberg's LatAm Pulse survey, Venezuelan public opinion on the oil agreement reached between the Trump administration and the country's interim authorities remains deeply divided. The poll, released Tuesday, showed that 38% of respondents opposed the deal, 35% supported it, and 27% we

According to Yonhapinfomax (YNA), pro-Iran Houthi forces attacked Saudi Aramco energy facilities in southern Saudi Arabia today (Sept 8) using drones and ballistic missiles, according to statements from the group and Saudi military. A Houthi spokesman described the operation as large-scale and

According to a report released today (September 8), the United Nations Conference on Trade and Development (UNCTAD) warned that disruptions to shipping through the Strait of Hormuz are impacting global small and medium-sized enterprises. The agency noted that SMEs have limited ability to diversify s

Premialab has partnered with Parameta Solutions to integrate a family of over-the-counter rates and commodities indices into its quantitative research and analytics platform. The integration enables institutional investors to examine Parameta indices based on swap rates, interest-rate volatility, in

Premialab has integrated a family of over-the-counter rates and commodities indices from Parameta Solutions into its quantitative research platform. The integration covers Parameta indices based on swap rates, interest-rate volatility, inflation swaps and global liquefied natural gas basis

According to Guru Club, LME copper surged 1.3% on September 8, trading at $14,680 per ton and hitting a record high.

Europe's benchmark natural gas futures surged 3.4% on Tuesday, reaching their highest level since January 2023, as traders rushed to build winter stockpiles amid geopolitical tensions. The rally was fueled by recent attacks on Iranian and Saudi Arabian energy assets, heightening supply uncertainty i

On September 8, 2026, from 09:30 to 09:45 (UTC), BTC rose slightly by 0.36% within 15 min, with a price range of 78,448.5–78,773.2 USDT and an Ampl of 0.41%. Overall, it showed narrow-range consolidation with a weak bias, with the current offer at approximately $78,729. The main drivers of this move were the escalation of geopolitical conflicts in the Middle East and growing expectations of a FED Interest Rate hike. On September 5, Iran’s Islamic Revolutionary Guard Corps launched ballistic miss

According to Jin10, on September 8, Iran's Foreign Minister and Japan's counterpart held discussions on Hormuz Strait issues. Iran's FM claimed major progress has been achieved and stated that the U.S. commitment to return to the Islamabad Memorandum of Understanding would pave the way for

According to Goldman Sachs executives on Tuesday, refined product flows through the Hormuz Strait have fallen to 35% of pre-crisis levels, while crude oil flows remain at 70%. Daan Struvyen, co-head of Goldman's global commodities research, noted that Middle East supply disruptions have

On September 8, 2026, crude oil prices continued to fluctuate at elevated levels during the Asian session. Data from Gate 行情 showed that WTI 原油 was quoted at $93.88 per barrel, up 2.95% over 24 hours. Brent crude was quoted at $98.54 per barrel, up 2.23%, and briefly touched $98.92 intraday, reaching its highest price since late July. On the same day, Daan Struyven, co-head of Goldman Sachs’ global commodities research, publicly stated that if invasions targeting shipping in the Middle East esca

According to Hengan Futures on September 8, China's main crude oil futures contract SC2610 closed higher at 720.6 yuan per barrel, driven by attacks on Saudi energy facilities and low traffic through the Strait of Hormuz. China's crude oil imports rebounded month-on-month in August, providing

According to Jin10, Uganda will begin commercial shipments of its Pearl Sweet crude oil in December, targeting daily production of 230,000 barrels within three years. The country's National Oil Company CEO Proscovia Nabbanja stated the medium-heavy, low-sulfur crude will be priced against Brent as t

According to the Indian government, diesel sales in India grew 6.8% year-over-year in August, while petrol sales increased 8.2% year-over-year during the same period.

According to the Indian government, fuel sales in August declined 2.8% year-over-year, reaching 18.61 million tons. The decrease marks a contraction in India's energy consumption as measured by petroleum product

According to Jin10, on September 8, Canadian pipeline operator Trans Mountain announced plans for major capacity expansion to capture growing Asian demand. CEO Mark Mackey stated the company aims to increase western coast throughput to 1.2 million barrels per day by end of 2028, followed by an

According to BlockBeats, LME three-month copper hit a record $14,533 per ton on September 8, surging 17% year-to-date and 47% over the past 12 months. U.S. tariff expectations are redirecting global copper supply, with traders moving large volumes to the United States ahead of potential duties. U.S.

According to Jin10, China completed construction of its first ultra-large liquefied gas carrier (88KVLGC) "Changpingyuan" on the morning of September 8, marking a major breakthrough in domestically designed and built VLGC technology. The vessel measures approximately 230 meters in length and