Mike McGlone
Mike McGlone|Feb 12, 2025 12:49
Peak Copper to Join 80 Crude, 4 Gas? 2025 Tilts With Fuel - When CME-traded #copper spikes vs. that on the LME, prices often peak. On the back of US tariff risks, the premium reached the greatest in over two decades this month. My bias is that the metal's spurt to 4.72 a pound has inklings to 2025 highs in #crudeoil and #naturalgas. Full report on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/srkhi5dwrgg0 {BI COMD} #commodities #metals #energy #futures #macroeconomics @BBGIntelligence
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