Commodities (Crude Oil & Copper) & Macro Outlook

According to an official announcement, China Chengtong Development Group's indirect subsidiary Chengtong Finance Leasing signed sale-leaseback agreements today (October 21) with Xingte and Wengniute Banner. Under the agreements, Chengtong will purchase solar PV bracket and transmission cable

Brent crude oil fell approximately $3 from a five-month high of $111.99 to a $108.79 settlement on Tuesday after an unconfirmed report suggested mediation between Iran and Pakistan. By Wednesday afternoon the benchmark had recovered to $111.32 before settling at $108.19, down 0.55%. A diplomat

According to Panama Canal Authority on October 20, the Panama Canal achieved record throughput of 5.21 billion tons during the fiscal year ended September 30, 2026. The surge was driven by Middle East tensions that forced shipping to avoid the Strait of Hormuz, with approximately 14,000 vessels

According to Jin10 Futures, as of 21:20 on October 21, commodity options posted sharp gains. LPG November 2611 6500-strike put options surged 189.47% to 11.0 yuan per ton, while iron ore November contract 680-strike puts jumped 180%, reaching 2.8 yuan per ton. LPG November 7000-strike puts

According to the U.S. Energy Department, the Trump administration announced Wednesday (October 21) it will loan a maximum of 315,000 barrels of emergency heating oil reserves—close to one-third of its total 1 million barrel stock—to help suppress fuel prices driven higher by disruptions in Middle

On the evening of October 21, China's primary commodity futures contracts showed mixed trading with declines outpacing gains. Fuel oil led losses, falling over 2%, while plastics, LPG, low-sulfur fuel oil, caustic soda, and glass each fell over 1%. Soybean meal and LME copper declined nearly 1%. On

US Stock Market News on Sept. 8, 2026 showed significant declines as rising oil prices added to investor anxiety (4:31 PM ET / 2:01 AM IST next day). The Dow industrials fell 628 points, or 1.2%, the S&P 500 retreated 0.6%, while the Nasdaq composite dropped 0.3%. A sharp decline in Amgen shares

According to Jin10, as of 20:30 Beijing time on October 21, New York futures gold rose 0.17%, while silver fell 0.76% and copper declined 1.10%.

According to Jin10, as of 8:30 PM Beijing time on October 21, WTI crude oil futures rose 0.19%, while U.S. natural gas futures fell 3.58%.

Brent crude oil fell below $106 per barrel on October 21, declining 0.27% intraday.

According to Jin10 Futures, Gulf oil shipments continue to flow via alternative routes following disruptions at the Strait of Hormuz. The oil is being rerouted through land-based pipelines, U.S. military-escorted shipping lanes, and ship-to-ship transfer operations at sea, ensuring supply

U.S. President Trump recently urged the United Kingdom to accelerate oil drilling in the North Sea, describing the initiative as beneficial for Britain's economic prosperity and the Aberdeen region. Trump stated that the North Sea is one

US Stock Market News showed broad strength on Tuesday as the S&P 500 added 0.3%, with most US stocks rising following strong profit reports from Equifax, Hasbro, and other companies, while world shares were mostly higher on Wednesday in follow-through trading. The Dow Jones Industrial Average

According to the Joint Organization Data Initiative (JODI), Saudi Arabia's crude oil inventory fell by 32.435 million barrels in August, bringing stocks to 143.197 million barrels.

According to the Joint Organizations Data Initiative (JODI), Saudi Arabia increased crude oil exports by 326,000 barrels per day (bpd) in August, reaching 4.451 million bpd.

According to the Joint Organisations Data Initiative (JODI), Saudi Arabia's crude oil production fell by 1.897 million barrels per day in August, reaching 6.238 million barrels per day.

According to the UK Maritime Trade Operations (UKMTO), a tanker's captain reported being struck by an unidentified projectile during an incident on October 20.

WTI crude oil touched $100 per barrel today as Iran denied any progress in diplomatic negotiations, coupled with a decline in U.S. crude inventories. Brent crude rose 1.88% to $108.28 per barrel during the

According to Guru Club, Brent crude oil broke through $111 per barrel on October 21, gaining 2.05% intraday.

According to Beijing Energy International's announcement, the company and its associates generated approximately 2,072.42 million MWh of electricity in the first nine months of 2026, with 798.6 million MWh produced in the third quarter