Commodities (Crude Oil & Copper) & Macro Outlook

According to CNN citing U.S. Energy Information Administration data, crude oil inventory at Cushing, Oklahoma—America's primary oil delivery hub for West Texas Intermediate futures—dropped to 21.6 million barrels on June 12, approaching the 20 million barrel operational warning level. Cushing

According to UK Maritime Trade Operations, a tanker was struck by an unidentified object in waters near Oman on June 13.

According to the Ukrainian Security Service, Ukrainian forces conducted a drone strike on the Taman oil and gas terminal in Russia's Krasnodar region on June 13.

According to Coinbase official announcement, on June 13, Coinbase launched 24/7 trading for gold and silver futures in the U.S. through its Derivatives Exchange. The contracts include one troy ounce of gold and 50 troy ounces of silver. Eligible traders can access the products via participating

According to the Financial Times, Lionheart Capital, a Miami-based investment fund, has signed a non-binding agreement to merge its blank check company Lionheart Holdings with Keo Energy, which holds oil field assets in Venezuela, on June 13. The combined entity aims to become the first Venezuelan o

Ukrainian forces struck Russian oil infrastructure in the Volgograd region, according to Ukraine's military. The attack was part of ongoing operations against Russian energy facilities.

According to Polish Prime Minister Donald Tusk, Poland will lift fuel price caps by the end of summer. The move signals a shift in the government's energy price support policy as the country reassesses fiscal

On June 13, ECB policymaker and German central bank governor Nagel expressed his view that prices could remain elevated for an extended period even if the Iran conflict resolves quickly. According to Nagel, supply chains have fundamentally shifted and risk premiums may increase, making a return to p

According to Bank of America chief strategist Michael Hartnett, if a U.S.-Iran peace agreement is reached, consumer stocks, real estate investment trusts (REITs), European equities, Bitcoin, gold, and emerging market

According to CoinMarketCap data, the Crypto Fear and Greed Index rebounded to 19 in under 72 hours on June 13, rising 25% from the extreme fear level of 15 recorded earlier this week. The index is now moving out of extreme fear territory, signaling sentiment stabilization after a sharp 65% decline f

According to Indian media on June 12, India's government introduced a 90-day cap on gasoline and diesel purchases, prohibiting logistics companies and other institutional users from buying fuel at retail stations while limiting individual consumer daily diesel purchases. The measure aims to

According to Gate data, Brent crude oil fell to its lowest level since March, trading at $86.71 per barrel.

According to CFTC data, fund managers' combined net short positions in CBOT wheat futures and options reached 79,407 contracts in the week ending June 9, 2026, up 21,537 from the prior week. Long positions decreased by 16,853 contracts while short positions increased by 4,684 contracts.

Coinbase teased the next phase of its Everything Exchange platform on June 12 through a post on X and an article by Max Branzburg, the company's head of consumer and business products. The announcement described a unified account spanning crypto, stocks, ETFs, cash, perpetual futures, prediction

Gate News消息，据彭博社报道，美国商品期货交易委员会（CFTC）正在考虑阻止芝加哥商品交易所（CME）提出的24小时全天候原油期货合约提案。

According to Guru Club, WTI July crude futures closed down $2.83, or 3.22%, to $84.88 per barrel on June 12, declining 6.25% for the week. Brent August crude futures also fell 3.37% to $87.33 per barrel, marking a 6.19% weekly

CME Group announced Thursday evening that it will launch 24/7 trading for smaller gold and oil futures contracts, with gold futures starting July 26 and oil futures beginning August 30. The move responds to extreme volatility during Asian market opens on Sundays, when traders first react to

According to Kitco News, the CME announced Thursday that it will launch 24/7 trading for gold and oil futures contracts. The new one-ounce gold futures contract will begin trading through the weekend on July 26, while a smaller WTI crude oil contract—sized at 1/10th the existing Micro WTI futures—wi

On Friday, emerging market currencies and stocks surged amid growing expectations for a U.S.-Iran peace deal. The MSCI Developing Markets Currency Index rose 0.5%, while the emerging market stock index climbed 3.1%. Iran's Foreign Minister Abbas Araghchi stated the agreement with the U.S. is

This week ending Friday, June 12, COMEX gold futures fell 2.99% to $4,234.70 per troy ounce, while spot gold declined 2.66% to $4,213.70. COMEX copper futures rose 3.20% on Friday to $6.4755 per pound, with weekly gains of 3.56%. Palladium futures climbed 4.86% for the week, reaching $1,319.45 on Ju