[MARKET ANALYSIS] Oil futures are rangebound amid a lack of major catalysts, while copper extends on gains after LME prices hit fresh record highs
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On the Newsquawk feed at , 20 minutes before this page.
WTI/Brent: WTI +0.9% / Brent Flat
- Oil prices are range-bound amid a lack of fresh drivers, with WTI holding on to the prior day's gains in the absence of a settlement due to the recent Labor Day holiday and following the weekend tit-for-tat attacks on vessels.
Gold: +0.7%
- Edges higher following the recent choppy price action and return to above the USD 4,400/oz level.
Copper: +1.8%
- Extends gains after LME prices surged to a fresh record high amid supply concerns and tariff fears.
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