Commodities (Crude Oil & Copper) & Macro Outlook

Oil prices fell more than 2% on Monday, October 19, after President Donald Trump waived new sanctions and tariffs targeting Russia through an October 16 executive order, raising expectations of additional Russian fuel exports. The policy shift represents Washington's attempt to contain rising

On October 19, Brent crude prices fell over 2% to $107.57 per barrel after President Donald Trump waived new sanctions and tariffs targeting Russia on October 16, raising expectations of additional Russian fuel exports. However, continuing tanker attacks in the Middle East kept prices

Hindustan Zinc reported quarterly profit growth exceeding 200% on Monday, driven by rising metal prices. The company simultaneously lowered its FY2027 zinc production cost guidance, supported by increased output and higher by-product

According to consulting firm IKAR, Russian wheat export prices fell by $1 per ton last week to $267/ton for delivery in late November to early December, with most cargo rerouted to Baltic Sea ports. Shipment volumes are expected to rise in October, IKAR noted. The redirection reflects the closure

According to Guru Club, the Baltic Dry Index (BDI) rose 35 points (1.39%) to 2,546 on Monday (Oct 19), ending a ten-day losing streak, driven by strength in Capesize vessel rates. The Capesize Index (BCI) surged 116 points (3.57%) to 3,365, with Capesize daily profits climbing 1,054 US dollars to 27

According to Reuters, on October 19, Qatar plans to build two power plants in Lebanon over the next three years and sign a 20-year liquefied natural gas supply agreement, as part of efforts to revive the country's struggling power sector. The proposal, titled the National Comprehensive Energy

According to Guru Club, PVC continuous main contract futures rose 1% intraday on October 19, trading at 4,974.00 yuan.

According to Jin10 Futures, as of 21:20 on October 19, ethylene glycol options posted the largest gains among major commodities. Ethylene glycol 2611 put options at 4,500 strike surged 114.29%, trading at 7.5 yuan

Liquefied petroleum gas (LPG) futures contracts declined 100 yuan intraday today, now trading at 7,318 yuan per ton with a 1.35% drop.

According to Guru Club, China's commodity futures night session opened with mixed performance on Oct 19. Fuel oil rose 1.31%, aluminum gained 0.56%, rapeseed oil climbed 0.54%, and nickel increased 0.4%. On the downside, ethylene glycol dropped 2.83%, coking coal fell 2.36%, and bitumen

According to Qatar's statement, on Monday (October 19), Qatar's Energy Minister met with Iran's acting oil minister to discuss energy cooperation. The meeting comes as Qatar seeks to repair damage from recent regional tensions, including attacks on its Ras Laffan liquefied petroleum gas facility

USOIL and XAUUSD markets face a data-heavy week ahead, with British unemployment figures on Tuesday at 06:00 GMT, British inflation data on Wednesday at 06:00 GMT, Japanese inflation on Thursday at 23:30 GMT, and German and British manufacturing PMI releases on Friday. The economic calendar is

According to market analysis, several key economic releases are expected this week to drive market movements across oil and gold markets. British unemployment data drops Tuesday at 06:00 AM GMT, with UK inflation forecast at 3.4% on Wednesday, while Japanese inflation and German and British

According to Guru Club, India ordered state-owned fuel retailers to halt procurement of ethanol produced from sugar and sugarcane on October 19, with the ban effective from the country's new fiscal year beginning November 1. The move aims to help curb sugar price

According to Iraq's state news agency, the country's daily oil exports exceeded 3.4 million barrels through October, up from 3 million barrels per day in September.

US stock futures pointed higher on October 19, the 39th anniversary of the 1987 market crash, despite social media calls for a 'Black Monday' repeat. S&P 500 futures rose about 0.53% in pre-market trade while Nasdaq futures gained more than 1%. The rebound followed the Nasdaq's worst week since

According to Bloomberg, BlackRock's energy transition fund has raised $8.7 billion.

Asia's liquefied natural gas benchmark price JKM surged above $30 per million British thermal units, marking the highest level since December 2022, according to market data.