[MARKET ANALYSIS] Oil futures are rangebound amid a lack of major catalysts, while copper extends on gains after LME prices hit fresh record highs

Newsquawk StaffPublished 8 Sept 2026, 02:24 UTCOn the live feed at 02:04 UTC — 2 more headlines followed before this page went public

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[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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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.

All markets · last 90 days

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