[MARKET ANALYSIS] Oil mildly retreats following its recent choppy performance and with a lack of major geopolitical escalation, although Saudi-Houthi strikes continue

WTI/Brent: WTI Dec'26 -0.9% / Brent Jan'27 -0.9% Oil futures pulled back following the prior day's choppy performance amid few fresh catalysts and as several macro risk events loom, while attention remains on geopolitics with no major escalation, although Saudi and Houthi strikes continue, and there were further reports of explosions heard in the Strait of Hormuz. Gold: Flat Trades sideways with the precious metal confined to within tight parameters above the USD 4,000/oz level as participants await the approaching central bank meetings. Copper: +0.5% Gradually edged higher alongside the tech-related momentum in stocks.