US Diesel Threat, Record $51 Crack, $4.2K Gold Resilience & Red Sea Tenders

Podcast: The Commodities Trade Institute Podcast · The Commodities Institute

Opublikowano: 2026-10-02

Washington delivers a 120-million-barrel emergency diesel ultimatum to Europe as Asian gasoline cracks surge to an all-time record of $50.53 a barrel and spot LNG above $25 per MMBtu drives emerging Asian power grids back to coal. Concurrently, gold defends the $4,000 threshold against multi-decade high Treasury yields behind structural de-dollarization demand, while Bank of America raises its long-term copper projection to $13,577 per metric ton. Across agricultural and maritime freight channels, Saudi Arabia tenders for 535,000 metric tons of wheat routed strictly to Red Sea ports to avoid Persian Gulf blockades, while El Niño disruptions and Black Sea port strikes push Indonesian r...