Commodities (Crude Oil & Copper) & Macro Outlook

According to the U.S. Bureau of Ocean Energy Management (BOEM), Florida-based Odyssey Marine Exploration is seeking to extract titanium, zirconium, and other critical minerals from the seafloor off Virginia's coast. BOEM is currently evaluating the company's application and will open a 30-day

According to IEA Director Fatih Birol, the Iran-related energy crisis will push global electrification forward as governments seek to enhance energy security and shield from fossil fuel price volatility. Speaking on Monday at the Octopus Energy technology summit during London Climate Action Week, Bi

According to LME, London Metal Exchange futures showed mixed movements today. Copper futures advanced $54 to $13,649 per ton, while zinc futures climbed $52 to $3,608 per ton. Aluminum futures declined $32 to $3,364 per ton.

U.S. Strategic Petroleum Reserve crude inventories dropped 9.1 million barrels last week, falling to 331.2 million barrels, the lowest level since 1983.

Switzerland-based Web3 development platform Enso launched a real-world asset application offering access to more than 500 tokenized assets through integrations with xStocks, Ondo Finance, and Anchorage Digital's Porto. The application is designed to give users access to tokenized stocks, ETFs,

Switzerland-based Web3 development platform Enso launched a real-world asset application yesterday (June 21) providing access to more than 500 tokenized assets through integrations with xStocks, Ondo Finance, and Anchorage Digital's Porto. The application enables users to access tokenized stocks,

Kevin Warsh, the new Federal Reserve Chair who replaced Jerome Powell, held interest rates unchanged at 3.5%–3.75% during the May 2026 Federal Open Market Committee meeting and emphasized that bringing inflation back to the 2% target remains a top priority. The decision reflected a tougher stance th

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.