Commodities (Crude Oil & Copper) & Macro Outlook

According to JODI (Joint Organizations Data Initiative), Saudi Arabia's crude oil exports declined by 984,000 barrels per day month-over-month in April, falling to 3.99 million barrels per day.

The Kremlin confirmed it has held contacts with Serbia regarding the NIS (Naftna Industrija Srbije) oil company, though it declined to disclose specific details of the discussions.

According to JPMorgan Chase, oil price decline threatens European stock market profit growth in the second half of 2026, as the bank's head of European equity strategy Natalia Lipitskaya stated on June 22. If oil prices remain at current levels or decline further, the energy sector's profit

According to Tanker Trackers, Iran has exported 36 million barrels of crude oil since June 15 as of June 22.

According to Jin10 citing shipping intelligence firm Kpler, Asia's crude oil imports are forecast to reach 22.18 million barrels per day in June, up 9% from 20.35 million barrels per day in May. The June figure remains below the 26.76 million barrels per day average recorded in the three months

According to ANZ, Iraq's upstream deputy minister stated on June 22 that the country plans to restore crude oil production to 4.2–4.3 million barrels per day. ANZ forecasts that initial recovery within four weeks will reach approximately 2–3 million barrels per day, with Q3 2026 potentially

According to State Energy Investment Group, on June 22, the company announced preparations to ramp up coal production to meet peak summer electricity demand. China's National Climate Center forecasts higher-than-average temperatures and more high-temperature days this summer. The energy group will l

According to Fintech News, Taiwan Index Corporation (TIP) and ICE Intercontinental Exchange announced the NYSE TIP Global Rare Earth and Critical Resources Index on June 22, with Nomura Investment Trust launching the Nomura Global Rare Earth and Critical Resources ETF (009821), which listed on June

According to Jin10, the Shanghai Futures Exchange released its warehouse receipts update on June 22, with the following major changes: International copper inventory fell 2,326 tons to 11,411 tons, copper (domestic) dropped 5,044 tons to 77,849 tons, and alumina surged 270,388 tons to 270,388 tons.

According to ECB Governing Council member Eskriba on June 22, the central bank must monitor potential wage impacts from rising energy costs driven by Middle East conflicts. He noted that energy cost increases are already transmitting to prices, citing higher transportation service costs observed at

U.S. natural gas futures rose more than 3% intraday on June 22, with prices currently trading at $3.330 per million British thermal units (MMBtu).

According to Jin10 data on June 22, European natural gas prices climbed as U.S.-Iran negotiations showed signs of strain following President Trump's renewed threats against Iran. In addition, traders are monitoring developments at Qatar's liquefied natural gas sector, where a domestic gas facility s

Gate News: According to the latest Gate TradFi data, NG (Natural Gas) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

CMC Markets Canada launched MetaTrader 5, giving clients access to more than 1,100 instruments across shares, futures, indices, commodities, and foreign exchange through a single account. The launch adds MT5 alongside CMC Markets' proprietary platform as large brokers compete not only on pricing and

According to Jin10 Futures citing Mulian Research, New Zealand softwood log arrivals across 13 Chinese ports this week (June 22–28) totaled approximately 229,000 cubic meters, down 46% week-on-week. The number of inbound vessels was 7, a decline of 6 vessels compared to the prior week.

According to Reuters market analysts, U.S. airline fuel spot prices fell to $2.85 per gallon on June 17, down sharply from $4.88 per gallon in early April, following a temporary peace agreement between the U.S. and Iran. If the decline sustains, the American aviation industry could save over $40

According to Jin10 Futures, on June 22, Shanghai Futures Exchange energy and chemical futures inventories showed minimal changes, with one exception: crude oil asphalt warehouse inventories decreased by 3,500 tons to 90,560 tons compared to the previous trading day. All other products, including

Guolian An Shanghai Commodity ETF rose over 4% at the close on June 22, outperforming other commodity funds. The Dacheng Nonferrous Metals Futures ETF posted marginal gains, while Southern Shanghai Gold ETF, E Fund Gold ETF, Bosera Gold ETF, and Guotai Ruyin Silver Futures ETF