Early Monday, January Brent was down about 3% near $110, gold rebounded 1% to $3,915 after a 6.8% October loss, and copper rose after a two-day correction; the divergence reflects diplomacy, positioning and supply constraints rather than one commodity cycle.
WTI rose 0.6% to US$100.47 and Brent 0.5% to US$114.45 as diplomacy failed to prompt sustained selling after Saudi Arabia contained a fire near Ras Tanura, while shipping, insurance and Hormuz-flow constraints kept risk embedded.
Brent rose 0.39% to US$116.26 and WTI to US$102.16 after reversing an earlier 1% loss, as Tehran talks offered hope while attacks, reduced Hormuz flows and low distillate stocks sustained the risk premium.
