Commodities (Crude Oil & Copper) & Macro Outlook

On Sept. 3, Brent crude fell 0.6% to $95.04 a barrel and WTI declined 0.4% to $90.63 following a volatile rally that hit the highest intraday levels since July 24. Oil remained elevated amid renewed military exchanges between the U.S. and Iran, with Kpler data showing only four commodity vessels

According to Bitfinex research on September 3, Bitcoin entered September trading within a narrow $76,500–$79,500 band, compressing just above the True Market Mean at $76,350, marking the average cost basis of all active network participants. The five-day consolidation follows a hawkish Federal

A federal court has entered a consent order requiring swaps trader John Patrick Gorman III to pay $90,000 for false or misleading statements made during a Commodity Futures Trading Commission investigation. According to the CFTC, Gorman deleted responsive WhatsApp messages and communications after r

According to Guru Club, WTI crude oil futures rose 2% today (Sept. 3), after falling over 1% earlier in the session. Brent crude oil futures gained 1.83%, trading at $97.381 per barrel.

According to multiple statements on September 3, U.S. President Trump said Iran's regime is collapsing and indicated preparation for another round of military strikes, adding that such action would not last long. He stated the U.S. now has complete control of the Strait of Hormuz, through which

According to Bitget data reported by BlockBeats, on September 3, WTI crude oil and Brent crude oil both rose over 1%. WTI traded at $90.01 per barrel while Brent crude oil reached $95.26 per barrel.

According to Gate data, WTI crude oil and Brent crude rose over 1% intraday on September 3, now trading at $90.01 per barrel and $95.26 per barrel respectively.

According to Gate data, Brent crude oil (XBRUSD) broke through $98 per barrel today, trading at $98.22, up 1.7% over the past 24 hours.

CME Group's Henry Hub natural gas futures reached record open interest of 1,807,497 contracts on September 1, surpassing the previous high of 1,801,183 contracts from November 8, 2024, by 6,314 contracts. The record arrived earlier than the historical November peak period when market participants

According to CME Group, Henry Hub natural gas futures reached record open interest of 1,807,497 contracts on September 1, exceeding the previous record of 1,801,183 contracts from November 8, 2024 by 6,314 contracts. The new high arrived earlier than the typical November peak, when market

Prediction market operator Kalshi will seek regulatory approval from the Commodity Futures Trading Commission (CFTC) for a West Texas Intermediate (WTI) crude oil perpetual futures contract that never expires, according to a person familiar with the matter who told Bloomberg. The contract could be f

According to Bloomberg and Reuters, Kalshi will file a request with the Commodity Futures Trading Commission (CFTC) for approval of a West Texas Intermediate (WTI) crude oil perpetual futures contract as soon as next week. The product would trade 24 hours a day, five days a week, and would never

President Donald Trump signed an executive order last week declaring a national emergency around the foreign threat to the U.S. bulk-power system involving equipment produced abroad. The order authorized the Energy Department to prohibit or impose conditions on transactions involving components

According to CNBC, President Trump signed an executive order last week declaring a national emergency over foreign threats to U.S. bulk-power system equipment used in AI data centers. Chinese suppliers account for 30-40% of transformers and switchgear, over 40% of battery imports, and roughly two-th

According to Jin10 Futures citing Shanghai International Energy Exchange, on September 3, the exchange imposed opening restrictions on accounts that exceeded daily opening transaction volume limits on related futures contracts. The trading activity violated the exchange's regulations on abnormal tra

According to Reuters data, Russian state energy company Gazprom increased daily natural gas supplies to Europe through the Turkish Stream pipeline by 3% in August, delivering 51.9 million cubic meters per day. August total shipments via Turkish Stream reached 1.61 billion cubic meters, compared to 1

Russian President Vladimir Putin said on September 3 that the country will soon restore its remaining damaged oil refining capacity. Putin's statement comes amid ongoing efforts to address infrastructure losses from military

According to Russia's Finance Ministry, the country's state budget oil and gas sales revenues fell to 424 billion rubles in August, down from 934 billion rubles in July.

According to Hengyuan Futures, U.S. commercial crude oil inventories fell more than expected on September 3, providing support for oil prices amid ongoing geopolitical tensions. Throughput in the Strait of Hormuz remains significantly below normal levels, sustaining supply-risk premium in the