Commodities (Crude Oil & Copper) & Macro Outlook

According to RBI data, India's central bank net sold $8.94 billion in the foreign exchange market in April, while maintaining stable gold reserves. The Reserve Bank bought $16.23 billion and sold $25.17 billion during the month. India's rupee fell to a record low of 96.96 per dollar amid rising

According to satellite data, on June 22, approximately 441 large vessels gathered near Sohar, Oman, and Fujairah, United Arab Emirates, outside the Strait of Hormuz, as shipping remains uncertain amid ongoing U.S.-Iran negotiations over corridor reopening and ceasefire mechanisms. The European

According to Gate, on June 22, gold prices climbed to $4,186.42 per ounce with intraday gains of 1.15%, while silver surged to $66.461 per ounce, posting intraday gains of 4.88%. In the energy sector, WTI crude oil fell sharply by 4.62% to $74.99 per barrel, and Brent crude dropped 3.68% to $79.04 p

According to the Joint Organizations Data Initiative (JODI), Saudi Arabia's crude oil exports fell to a record low of approximately 3.99 million barrels per day in April, down from 4.974 million barrels per day in March, marking the second consecutive month of decline. The data, which dates back to

According to BlockBeats, Enso on June 22 launched an RWA application offering over 500 tokenized assets including U.S. stocks, ETFs, Treasury bonds, commodities and stablecoins. The platform integrates xStocks, Ondo Finance and Anchorage Digital's Porto to provide unified asset distribution and

According to Foresight News, Bank of Guam, an FDIC-insured institution, recently began supporting USDM1 deposits and withdrawals while integrating with the Lomalo digital wallet. USDM1 is a blockchain-based sovereign debt instrument issued by the Marshall Islands government, backed 1:1 by

On June 22, Brent crude oil declined 3.00% during the session, trading at $77.71 per barrel.

In May, Poland's KGHM produced 58,500 tonnes of copper, down 1.7% year-on-year, while copper sales reached 62,100 tonnes, up 1.6% from the same period last year.

According to energy trader Dan Dicker, as reported by BlockBeats on June 22, a 6-8 million barrel daily supply gap in global crude markets could push oil prices toward $135 per barrel if inventory depletion continues, despite political rhetoric from the Trump administration attempting to suppress pr

According to Guru Club, on June 22, most domestic commodity futures declined at night session opening. Liquefied petroleum gas fell over 2%, fuel oil down 1.74%, asphalt down 1.58%, polypropylene down 1.46%, crude oil down 1.35%, and methanol down nearly 1%. Nickel futures rose over 1%.

According to the U.S. Treasury Department, a general license was issued authorizing the production, delivery and sale of Iranian crude oil, petrochemical products and petroleum products until Aug. 21, 2026.

According to Huawen Futures via Jin10, Iran and the United States reached an agreement on June 22 following 18 hours of negotiations. The deal prompted a pullback in crude oil prices. However, precious metals remained under pressure after the Federal Reserve's surprisingly hawkish rate decision

According to Investinglive analyst Adam Button, Canada's May core CPI rose 2.2% year-over-year on June 22, with soaring gasoline prices as the primary driver. Gasoline prices climbed 33.2% in May compared to the prior year, up from 28.6% in April, but the upward trend has reversed; June data is

According to Guru Club citing Guangfa Futures and Zhuochuang Consulting, on June 22, China's spot egg prices fell to 4.45 yuan per jin, down 0.08 yuan from the previous day. Egg futures prices declined sharply in lockstep with the cash market. Post-holiday demand has weakened significantly

WTI crude oil fell $2 per barrel intraday on June 22, closing at $75.25/barrel with a decline of 2.59%.

Gate News: According to the latest Gate TradFi data, COCOA (Cocoa) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

According to shipping tracking data, on June 22, two supertankers carrying 4 million barrels of crude oil passed through the Strait of Hormuz, with one heading to Basra port in Iraq. Additionally, two smaller tankers carrying less than 2 million barrels combined entered the Gulf of

According to the Joint Maritime Information Center (JMIC), shipping traffic through the Strait of Hormuz via Oman and Iran routes increased on June 22, while the maritime security threat level was downgraded to

According to the Indian government, India's crude oil production declined 4.6% year-over-year in May, while natural gas output fell 4.9% over the same period.