TREE NEWS reports: Crude oil rose more than 6% at the open of China’s night futures session, with pure benzene up nearly 5% and styrene, fuel oil up over 4%. Bitumen gained nearly 4%, while low-sulfur fuel oil and polypropylene rose nearly 3% and paraxylene over 2%. On the downside, Shanghai silver fell over 5%, Shanghai and international copper dropped nearly 3%, and Shanghai gold, aluminum and tin each lost more than 1%.
Night Session: Crude Oil Jumps Over 6%, Silver Falls 5%
The split is the story: an energy complex moving up hard while precious and base metals sell off suggests a rotation into crude-linked risk rather than broad commodity strength. Silver's outsized drop against gold's smaller loss points to the more speculative, industrial-leaning part of the metals complex being hit hardest. For RWA and tokenized-commodity watchers, this is a reminder that on-chain energy and metals exposure inherits these violent session moves, and the gap between energy and metals is the spread worth tracking.
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