Commodities (Crude Oil & Copper) & Macro Outlook

According to Reuters on Friday, September 4, German chemical giant Wacker Chemie's polysilicon factory in Charleston, Tennessee lost its last two remaining customers following the announcement of new U.S. trade measures, putting approximately 600 jobs at risk. The company is evaluating whether to

According to ChainCatcher, citing QCP Capital's latest market report, Bitcoin experienced sharp volatility as Federal Reserve rate hike expectations shifted dramatically. After Fed Chair Warsh's Jackson Hole speech, September rate hike odds spiked from 35% to 70%, triggering a 2.5% single-day BTC de

According to the Ukrainian General Staff, Ukrainian forces' attacks have recently caused two large-scale Russian oil refineries to halt operations.

According to The Times, UK Prime Minister Keir Starmer will approve the North Sea Jackdaw gas field project in late September.

US President Donald Trump stated that the UK is 'on the edge of disaster' due to immigration and energy issues during an interview with GB News on 3일 (local time). Trump cited high energy costs, carbon neutral policies, and large-scale immigration as major problems facing the country, warning that t

According to an announcement from Guangzhou Futures Exchange (GFE), the exchange has added Inner Mongolia and Gansu Province as designated delivery regions for industrial silicon futures. The expansion aims to better

According to Jin10 data, Saudi Arabia's largest barley buyer, United Group, shifted away from Black Sea suppliers as Russia-Ukraine conflict disrupted grain exports in early summer, with barley prices to the kingdom rising 25% in two months. CEO Abdulaziz Aldharrab said the company sourced

According to Yonhap Infomax, Japan's Nikkei 225 index rose 1.26% (806.46 points) to close at 65,020.94 on September 4, marking its first gain in five trading days. The rally was driven by AI and semiconductor-related stocks, with SoftBank Group surging over 11%, while Advantest and Kioxia each

According to Interfax, Kazakhstan's 2027 oil production plan stands at 96 million tons, according to the country's budget projections.

Polymarket launched perpetual futures trading on September 04, 2026, expanding beyond event-based contracts into leveraged derivatives. The prediction market platform introduced a service enabling eligible international users to take long and short positions across ten initial markets with leverage

According to Panama Canal Authority, due to El Niño-induced rainfall reduction affecting reservoir levels, the canal reduced daily transit slots from 36 to 34 starting September 3. From September 15, daily slots will further decrease to 32. The new allocation includes 9 slots for Neo-Panamax

According to the UN Food and Agriculture Organization (FAO), global food commodity prices in August reached their highest level since late 2022, with the price index climbing 1.9% month-over-month. Sugar prices surged 11.9% to record highs not seen since the end of 2022, while wheat prices

On September 4, Chinese Vice Premier Ding Xuexiang and Russian Deputy Prime Minister Novak jointly presided over the 23rd session of the China-Russia Energy Cooperation Committee in Vladivostok.

WTI crude oil fell 1% to $88.74 per barrel intraday on September 4, while Brent crude declined 1% to $93.66 per barrel over the same period.

According to Shanghai Futures Exchange, aluminum futures warehouse receipts on Sept 4 fell to 223,717 tons, down 4,427 tons day-over-day. Copper futures warehouse receipts declined 1,777 tons to 25,781 tons, while zinc and nickel dropped 625 tons and 294 tons respectively. Silver futures warehouse r

According to Jin10 Futures and the Dalian Commodity Exchange (DCE) on September 4, the following inventory changes were recorded for petrochemical futures: polyethylene fell 10 contracts to 4,243; polyvinyl chloride declined 14 contracts to 119,516; polypropylene decreased 302 contracts to 28,025; e

According to Jin10 Futures, Shanghai Exchange fuel oil futures inventories declined by 21,470 tons on September 4, marking the largest drawdown among energy and chemical products tracked by the daily report. Fuel oil holdings fell to 23,770 tons. Low-sulfur fuel oil warehouse inventories also

According to AAA data, U.S. retail diesel prices hit a record high of $5.85 per gallon on Thursday (September 4), surpassing the previous peak set in June 2022. The price surge is driven by supply disruptions caused by the Iran-Russia conflict and persistent global supply constraints, while peak

According to Financial Times reporting on September 4, Trump administration officials, campaign donors, and recently departed government staffers are competing for opportunities to profit from Venezuela's troubled energy sector. Sources reveal that companies with close ties to the Trump administrati

According to Jin10, European natural gas futures prices are on track for a fourth consecutive week of gains on Friday, Sept 4, as Middle East escalation fuels supply disruption concerns. This week's cumulative gain exceeds 7%, with prices rising to their highest levels in over three years. Both Euro