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

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.