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[MARKET ANALYSIS] Oil prices slightly pulled back after rallying yesterday in the absence of substantial US-Iran progress and amid conflicting reports of a US diesel export ban

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Oil prices eased amid conflicting reports on a US diesel export ban and lack of US-Iran progress, while gold retreated and copper remained range-bound.

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WTI/Brent: WTI Nov'26 -0.3% / Brent Nov'26 0.5% Oil prices slightly pulled back overnight after gaining yesterday as substantial progress between the US and Iran remained absent despite the recent positive meeting between US envoys and the Iranian delegation, while there were also conflicting reports regarding a US diesel export ban. Gold: -0.3% Continued to retreat after recent upside in the dollar and surge in yields, with near-term resistance at the USD 4,300 level. Copper: +0.1% Trades range-bound amid the mostly cautious risk sentiment in Asia.

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