Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10 Futures, on Friday (July 20), CBOT corn futures rose amid uncertainty over U.S. crop prospects following an extreme heat wave in the Midwest, tensions in the Black Sea grain export region, and deteriorating European crop conditions. Crude oil futures gained 4%, providing

Korean stocks suffered their steepest single-day decline in months on July 16, with the KOSPI index plunging 463.81 points or 6.37% to close at 6,820.60, triggering the 37th circuit breaker of the year. The selloff was driven by sharp losses in semiconductor heavyweights Samsung Electronics

According to Asia Economics, on July 16, South Korea's KOSPI index fell 4.45% to 6,960.50 amid broader market weakness, while the Philadelphia Semiconductor Index dropped 4.3% overnight. U.S. markets closed lower on July 17, with the Dow Jones Industrial Average down 0.77% to 52,146.42, the S&P 500

According to Jin10, Brent crude oil futures broke through $90 per barrel on July 19 as markets resumed trading following U.S.-Iran military clashes in the Middle East. The price surge reflects heightened geopolitical tensions in the

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to Shanghai official data and Jin10 on July 20, Shanghai's main financial markets posted combined transaction volume of 2,269.16 trillion yuan in the first half of 2026, up 24.1% year-over-year. The Shanghai Futures

According to Guru Club, Brent crude oil futures broke above $90 per barrel on July 20, marking the first time since June 11.

WTI crude oil opened 2% higher on Monday, trading at $84 per barrel.

Brent crude oil reached its highest level in one month at $88 per barrel as Middle East tensions escalated following intensified military clashes between the United States and Iran, resulting in casualties. The surge in oil prices reflects international concerns over a potential broader conflict in

According to Jin10 and regional military sources, U.S. and Iranian forces intensified military operations on July 18–19, with Iran conducting drone and missile strikes on U.S. military bases in Kuwait and Iraq, while the U.S. military struck Iranian positions including Qeshm Island and near

According to President Zelensky, Ukrainian forces struck Russian targets on July 19, with Ukraine's Security Service destroying three oil storage facilities and another fuel depot in the Stavropol region. Ukrainian military also accurately hit three Russian oil tankers in the Black Sea, Zelensky

According to Zhongzheng Gold Bull, China's nonferrous metals sector delivered strong earnings growth in the first half of 2026. Among listed companies in the sector on the Shenzhen Stock Exchange, 26 firms predicted

According to Financial Times, UK Prime Minister-in-waiting Keir Starmer will maintain Labour's controversial ban on new North Sea oil and gas exploration licenses. The decision dashes hopes within the energy sector that the incoming government might significantly reverse fossil fuel

According to Iran's Farsnews Agency, on July 19, the Strait of Hormuz transit volume has dropped to zero, with no ships currently passing through the waterway. Iran declared it will keep the strait closed as long as the U.S. continues provocative actions, and warned that any attempt to transit will

According to recent remarks, U.S. Energy Secretary Wright stated that the United States will ensure oil shipments through the Strait of Hormuz regardless of Iranian assistance. The seven-day rolling average of oil flow through the strategic waterway currently stands below 7 million barrels per day.

According to Guru Club, WTI crude oil surged above $82 on Friday (July 18), amid escalating Middle East tensions, fully recovering losses from a ceasefire roughly a month ago. Brent crude returned above $84.60, marking a five-week high, with a weekly gain of nearly 16%, the largest single-week