Commodities (Crude Oil & Copper) & Macro Outlook

According to an EU Commission official statement, the European Union halted the sale of pre-allocated carbon emission allowances on Monday after achieving its €8 billion fundraising target through its Emissions Trading System (ETS). The funds are intended to support Europe's transition away from

According to the U.S. Commodity Futures Trading Commission (CFTC), speculators increased net short positions in CBOT 2-year U.S. Treasury futures by 50,669 contracts to 1,270,507 contracts in the week ended June 16. In the same period, speculators added 47,275 contracts to their net short positions

According to the U.S. Commodity Futures Trading Commission (CFTC), for the week ending June 16, COMEX gold speculators increased net long positions by 9,258 contracts to 112,918. Silver speculators added 2,275 contracts to 12,070, while copper speculators decreased positions by 52 contracts to 71,07

According to the U.S. Commodity Futures Trading Commission (CFTC), speculators reduced their net long positions in WTI crude oil by 2,441 contracts to 100,978 during the week ending June 16.

According to the U.S. Commodity Futures Trading Commission (CFTC), speculators' net long positions in NYMEX WTI crude oil increased by 9,258 contracts to 112,918 contracts on the week of June 16, marking the highest level in over 20

According to Venezuela's Central Bank, the country's crude oil export revenues reached $5.49 billion in the first quarter of 2026, up 21.5% compared to the same period in 2025.

According to the Bloomberg Commodity Index, at the close of New York trading on June 22, the index fell 0.89% to 29.4731 points. CBOT corn futures declined 1.13%, while wheat futures dropped 1.14%. SOYbean futures fell 0.11% to $11.4150 per bushel. Soybean meal futures rose 0.13%, and soybean oil f

According to Venezuela's Central Bank, the country's oil export revenues reached $5.49 billion in the first quarter of 2026.

According to Jin10, the U.S. Department of Interior announced on June 23 that it is cutting the bonding requirements for oil and gas drilling on federal lands by 95%, from $500,000 to $25,000, to encourage increased energy exploration. The reduced bonds, previously set under the Biden

According to Jin10, Shanghai Gold futures (main contract) closed down 0.18% at 915 yuan per gram, Shanghai Silver futures dropped 1.23% to 15,768 yuan per kilogram, and SC Crude Oil futures fell 1.72% to 502 yuan per barrel as of 2:30 AM on

As of June 22, WTI crude oil futures for July delivery closed at $74.82 per barrel. NYMEX July natural gas futures settled at $3.2530 per million British thermal units, while July gasoline futures closed at $2.9870 per

According to Jin10 Data, Shanghai Gold futures closed down 0.18% to 915 yuan per gram overnight on June 23 at 2:30 AM, while Shanghai Silver futures fell 1.23% to 15,768 yuan per kilogram. SC Crude Oil futures declined 1.72% to 502 yuan per barrel during the same trading

According to Jin10, Iran exported over 30 million barrels of crude oil to Asia over the past week, including previously blocked shipments and exports from Kharg Island, the country's largest export facility in the northern Persian Gulf. The current daily transport level of approximately 2 million ba

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