Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, WTI crude oil broke through $80 per barrel intraday on July 14, marking the first time in a month, with daily gains expanding to 2.9%. Brent crude reached above $85 per barrel, hitting a new high since

From 23:45 on July 13, 2026, to 00:00 on July 14 (UTC), BTC inched up 0.37% within 15 minutes. The price traded in a range of $62,106.0–$62,350.8 USDT, with an amplitude of 0.39%. Despite a modest short-term rebound, BTC fell 2.99% cumulatively over the past 24 hours, dropping from a $64,328 peak to around $62,402. The market is clearly in an overall downtrend channel, with volatility significantly amplifying. The core driver behind this unusual move is the continued escalation of military confl

Iraq's Prime Minister announced plans to significantly increase the country's oil production over the next three years, according to the statement. The government aims to boost output as part of its broader economic

Spot silver declined 1.00% intraday to $57.07 per ounce on July 14, while WTI crude oil rose over 2.00% to $79.36 per barrel.

According to a China Citic Securities research report published on July 14, U.S.-Iran tensions have escalated again, with the U.S.-Iran memorandum of understanding facing structural execution difficulties. The standoff carries potential risks of becoming prolonged, characterized by intermittent

Three major Chinese oil companies gained between 0.7% and 2.4% as oil prices rebounded from recent declines, with the petrochemical sector outperforming across EJFQ's 25 industry classifications. The Hang Seng Index closed at 24,213

Gate News: According to the latest Gate TradFi data, XBRUSD (Brent Crude UKOIL) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to reports, ICE canola futures rose 1.47% at close on Monday, boosted by a sharp surge in international crude oil prices. The oil rally was triggered by U.S. President Donald Trump's renewed blockade of Iranian vessels in the Strait of Hormuz, following military strikes between the U.S. an

According to external reports, CBOT corn futures rose on Monday (July 14), with benchmark contracts up 0.5% and December futures hitting $4.695, the highest level since June 2. The rally reflected concerns about hot, dry weather in the U.S. Corn Belt and surging oil prices, as the region faces

WTI crude oil touched $79 per barrel intraday on July 13, rising 1.60% during the trading session.

WTI crude oil rose 0.5 per barrel today, with intraday gains expanding to 1.00%, trading at 78.58 per barrel.

According to Jin10, on July 13, U.S. President Trump claimed Middle Eastern allies should pay fees for American military protection. Trump named Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, and Kuwait, stating the U.S. is securing these nations and Israel while investing resources

Gate News message, a Hyperliquid whale is betting nearly $58M against global markets. The portfolio is 93.2% net short, with the largest positions in approximately $13.31M $XYZ100 short, $11.32M $USOIL short, $10.03M $UKOIL short, $3.77M $SP500 short, and $3.68M $NGAS short.

According to the UAE Defense Ministry, two Emirati oil tankers were struck by two Iranian cruise missiles in the southern Strait of Hormuz today. The attack occurred within Omani territorial waters.

According to the UAE Defense Ministry, one Indian crew member was killed and eight others were injured in attacks on two oil tankers in the region on July 13. The fires aboard both vessels have been brought under control. The ministry stated it reserves the right to make a comprehensive response to

According to the UK Maritime Trade Operations Office, a tanker was attacked approximately 40 nautical miles northeast of Al-Khatt, Oman, on July 14. The vessel's engine room starboard side was struck by unidentified projectiles. All

According to Bloomberg, President Trump on July 13 proposed a 20% compensation fee on cargo transported through the Strait of Hormuz. For a fully loaded supertanker carrying approximately 2 million barrels of crude oil at current prices around $80 per barrel, this would amount to roughly $30 million

According to RBNZ Chief Economist Conway, geopolitical tensions from the Middle East conflict are complicating monetary policy decisions. Conway flagged upside risks to inflation expectations for the third

According to reports on July 13, the U.S. announced a resumption of its blockade on Iranian vessels in the Strait of Hormuz, triggering a sharp rally in international oil prices. WTI crude oil surged over 9%, reaching $78 per