美國至8月14日當週EIA蒸餾燃油產量引伸需求數據 555.36萬桶/日，前值539.24萬桶/日。

North Korea's state news agency KCNA said in a commentary on the 19th that the U.S.-South Korea Ulchi Freedom Shield joint exercises constitute a direct threat to Pyongyang and the regional security environment, pushing the Korean Peninsula again to a critical point close to war. KCNA said the exercises are becoming progressively more dangerous—escalating in content, form, scale and training methods—to increase wartime realism, secure an advantage in the peninsula and the region, and that South Korea is being turned into a staging ground and rehearsal site for multinational invasion forces.

LME copper fell sharply after the Shanghai close on Aug. 19. Early trade hovered around $13,960/t, briefly topping $13,980/t before collapsing below $13,900/t to an intraday low near $13,880/t. LME inventories rose to 235,975 t, up 12,425 t versus the previous session (inflows 17,000 t, outflows 4,575 t). Canceled warrants dropped to 77,225 t, down 18,650 t, lowering the canceled-warrant ratio to 32.73%. The simultaneous rise in LME stocks and decline in canceled warrants implies more exchange-deliverable supply, exerting pressure on high copper prices; market focus remains on inventory flows and high-price positioning.