
Mike McGlone|Jul 10, 2025 11:28
Copper Nearing 6 May Be Akin to 4 Gas in 2008 -
It was July 2008 when the daily national average gasoline price first reached 4 a gallon, before plunging to a 1.62 nadir by year-end. A similar dynamic may be unfolding this year as CME copper spiked to 5.90 on July 9.
Full report on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/sz6heddwlu68 {BI COMD}
#copper #crudeoil #stockmarket @BBGIntelligence
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