Commodities (Crude Oil & Copper) & Macro Outlook

According to EIA data, U.S. gasoline production reached 296,000 barrels per day for the week ending June 5, rebounding from a decline of 51,500 barrels per day in the prior week.

According to EIA, U.S. refinery equipment utilization rate increased 0.6% for the week ending June 5, compared to 0.2% in the prior week.

According to the U.S. Energy Information Administration (EIA), gasoline inventories declined by 186,000 barrels in the week of June 5. The prior week's inventory change was 3.364 million barrels.

According to EIA data, U.S. crude oil imports in the week ended June 5 totaled 525,000 barrels, rebounding from minus 249,000 barrels in the prior week.

According to the U.S. Energy Information Administration, American crude oil inventories declined 7.23 million barrels last week, exceeding the analyst forecast of 3.08 million barrels. Bloomberg users had anticipated a decline of 7 million barrels, while the prior week saw a decrease of 7.974 millio

According to the U.S. Energy Information Administration (EIA), Cushing crude oil inventories declined by 801,000 barrels for the week through June 5, compared to a decrease of 583,000 barrels in the prior week.

According to the U.S. Energy Information Administration (EIA), refinery crude oil inventories declined 200,000 barrels for the week ended June 5, falling short of the forecasted 480,000-barrel drop. Prior week inventories stood at 1.502 million barrels.

According to the U.S. Energy Information Administration (EIA), reformulated gasoline inventories increased by 8,000 barrels for the week ending June 5, compared to a decline of 7,000 barrels in the previous

According to the EIA, U.S. crude oil production increased to 81,000 barrels per day for the week ended June 5, compared with a decline of 90,000 barrels per day in the prior week.

According to the U.S. Energy Information Administration (EIA), heating oil inventories declined by 246,000 barrels for the week ended June 5. The prior week saw inventories increase by 255,000 barrels.

According to EIA data, U.S. finished product oil imports fell to -411,000 barrels per day for the week ended June 5, compared to 626,000 in the prior week.

According to the U.S. Energy Information Administration (EIA), American refinery output fell to 24,000 barrels per day for the week ended June 5, down sharply from 98,000 barrels per day in the prior week.

According to the U.S. Energy Information Administration (EIA), crude oil inventories fell 7.227 million barrels in the week ended June 5, exceeding analyst expectations of a 3.974 million barrel decline. The prior week saw a larger drawdown of 7.974 million barrels.

The U.S. Energy Information Administration (EIA) will release its weekly crude oil inventory report today at 22:30 Beijing time.

According to Italian fuel producers and airport operators, Italian refineries have scaled up jet fuel production this year to reduce the country's dependence on imports, amid escalating Middle East tensions. The expansion aims to mitigate risks of aviation fuel shortages in Europe from potential

LPG futures contracts rose more than 2% today, trading at 5,644 yuan per ton.

According to Jin10, on June 10, Peter Cardillo, chief market economist at Sparta Capital Securities, said core inflation may have peaked based on the latest data, with year-over-year core inflation rising less than expected and no acceleration observed over the past month. He noted that energy

Pyth unveiled continuous pricing indexes for US stocks and commodities on Jun 10. The indexes provide real-time pricing data for US equities, gold, and oil outside traditional market hours. Coinbase, Kraken, and dYdX are adopting the new indexes. FAQ What did Pyth unveil on Jun 10? Pyth unveile

According to ChainCatcher, Pyth Network launched continuous price indices for US stocks and commodities to support around-the-clock trading products in crypto markets. Initial assets include Nvidia, Tesla, Apple and major commodities such as gold, silver, WTI crude oil and Brent crude oil.

According to Molly Brooks, U.S. rates strategist at TD Securities, following the June 10 CPI release, traders maintain expectations for roughly 40 basis points of rate hikes over the next 12 months. Market pricing for the Federal Reserve remains essentially unchanged. Brooks noted that the market