This report is provided by MacroTerms.com
Data as of: 2026-10-25 · Settlement: Exchange final daily settlement
Generated: 2026-10-25 07:14:16
· Benchmark settle: 2026-10-23
Body, Best Trade and charts share the same settlement snapshot; intraday live prices are not part of conclusions
Commodities Pre-Open Brief 2026-10-25: WTI Backwardation Widens, Gold Tests 4015
1) WTI crude settled 103.27 (+3.82% settle) as backwardation widened to 2.33, signaling prompt tightness.
2) Gold fell to 4007.9 (-1.29% settle) with managed money net length falling 2,883 w/w.
3) Natural Gas dropped 5.58% settle to 2.64 amid contango widening.
This brief is published in Chinese. The English translation is being prepared.
This report has been revised to incorporate late-arriving data or corrections.
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