Mike McGlone
Mike McGlone|May 11, 2025 20:04
Is Copper the Next Commodity Domino After Crude? Copper's waning gains of 2025 may find added pressure from falling crude oil prices. The top economically sensitive commodities rarely get as disconnected as they are now. At about 4.65 a pound vs. 61 a barrel on May 9, it was in 2020 and 1995 when copper last stretched to a similar premium to WTI crude. Full report on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/svzo2at0afb4 {BI COMD} #commodities #copper #crudeoil @BBGIntelligence
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