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[MARKET ANALYSIS] Oil futures rebounded from the prior day's trough but with upside capped in the absence of any major geopolitical escalation and ahead of the UN General Assembly

Newsquawk StaffPublished On the live feed at — 2 more headlines followed before this page went public
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[MARKET ANALYSIS] Oil futures rebounded from the prior day's trough but with upside capped in the absence of any major geopolitical escalation and ahead of the UN General Assembly

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WTI/Brent: WTI Nov'26 +0.5% / Brent Nov'26 +0.5%

  • Oil futures continued to rebound from the prior day's trough but with upside capped in the absence of any major geopolitical escalation and ahead of the UN General Assembly. Iran's Foreign Minister has arrived in New York for the key gathering, while US President Trump noted he had meetings on Iran and stated that it was not doing well.

Gold: +0.1%

  • Price action is choppy with the precious metal fading most of its earlier gains amid an uneventful dollar.

Copper: +0.7%

  • Continued to edge higher alongside the positive global risk sentiment.

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