Commodities (Crude Oil & Copper) & Macro Outlook

According to CME data from June 15, silver and Brent crude oil led commodity markets with increases in both trading volume and open interest. Silver trading volume rose by 2,113 contracts to 62,919 hands, while open interest increased by 717 contracts to 108,192 hands. Brent crude oil volume

According to CoinDesk, Bitcoin bounced below $66,000 on June 16, a day after the U.S.-Iran ceasefire agreement was signed, while equities surged. The S&P 500 rose 1.7% and Nasdaq 100 gained 3.1%, while Brent crude dropped below $83. Bitcoin's gains remained limited compared to broader market

According to the Bruegel Institute, a European think tank, global oil market supply-demand imbalance will persist through 2027, even if the Strait of Hormuz reopens in the short term, according to a research report released on

After U.S. President Trump arrived in France on Monday (June 15 local time) to attend the G7 summit, he said that the agreement has all been signed. Vice President JD Vance will attend a formal signing ceremony in Geneva on Friday (June 19), and disclosed in a CNN interview that the agreement documents are about one and a half pages long and include a “substantial sanctions relief package for Iran”; U.S. officials confirmed that the relevant details will be released within two days. The agreemen

According to Morgan Stanley analysts on June 15, the firm slashed its Brent crude price forecast for the third quarter to $90 per barrel from $100 per barrel, citing a U.S.-Iran temporary agreement to reopen the Strait of Hormuz that is expected to boost regional oil production. The fourth-quarter f

According to Wang Guanhua, deputy director of China's National Bureau of Statistics, midstream and downstream enterprises are facing phase-related cost pressures. Wang stated at a State Council press conference on June 16 that while enterprises are taking measures to offset pressure through

Goldman Sachs recently cut its average Brent crude oil price forecast for 2027 to $75 per barrel, down from a previous estimate of $80.

According to Shanghai Steel Union, MMLC battery-grade lithium carbonate's midpoint price fell to 169,200 yuan per ton this morning, down 1,950 yuan from the previous day's 16:30 closing price.

Morgan Stanley lowered its fourth-quarter crude oil price forecast to $80 per barrel.

According to Jin10, China National Petroleum's Daqing Oilfield has built 1.06 gigawatts of clean energy capacity, with cumulative wind and solar generation surpassing 3 billion kilowatt-hours as of June 16, according to the oilfield's New Energy Business

According to Guru Club, polysilicon continuous main contract fell 5% intraday on June 16, trading at 36,275 yuan.

According to the National Bureau of Statistics, China's raw coal output for large-scale industrial enterprises reached 400 million metric tons in May, declining 1.7% year-on-year, with an average daily output of 12.81 million metric tons. For the first five months of 2026, cumulative raw coal

According to China's National Bureau of Statistics, crude oil processing by large industrial enterprises fell to 53.72 million metric tons in May, down 9.1% year-on-year. The decline widened by 3.3 percentage points compared to

According to the National Bureau of Statistics, China's crude oil production from industrial enterprises above designated size reached 18.57 million tons in May, up 0.5% year-on-year. For the January-May period, total crude oil output was 91.31 million tons, up 1.1% year-on-year.

U.S. stock futures retreated in overnight trading late Monday after benchmark indexes surged to records during market hours. Dow futures were flat, S&P 500 futures fell approximately 0.12%, and Nasdaq 100 futures traded 0.24% lower as of 9.25 p.m ET. The retreat followed Monday's rally driven by a b

According to China's National Bureau of Statistics, May energy production showed mixed performance. Electricity generation accelerated, crude oil production remained stable, and coal output held firm; however, natural gas production declined

According to SMM, Shanghai aluminum futures prices plummeted overnight and into early morning trading on June 16, as downstream processing enterprises increased purchase appetite. Traders sought to capture price spreads quickly, with quotes remaining elevated. Physical market transactions in

According to Guru Club, methanol futures' main contract fell nearly 5% to 2,712 yuan per ton on June 16. Ethylene glycol futures' main contract declined 4% intraday, trading at 4,343 yuan per ton.

Robert Kiyosaki, author of Rich Dad Poor Dad, reaffirmed his support for bitcoin and other hard assets in a June 15 post on X, predicting gold will reach $35,000 an ounce by 2035. The statement followed gold's rally of more than $100 in a day to around $4,300 an ounce. Kiyosaki attributed his

According to Gate's latest data, gold prices rose to $4,319.23 per ounce with a daily gain of 0.32%, while silver advanced to $69.82 per ounce, up 1% on the day. The U.S. dollar weakened slightly against the Japanese yen, trading at 160.197 and down 0.06% on the day. In global equity markets,