Bank of America's outlook for the bulk market in 2025: Tariffs cast a shadow over the global market, crude oil enters an oversupply cycle, with gold shining alone, soaring straight to $3,000.

Bank of America Merrill Lynch expects that due to a significant increase in production from non-OPEC countries, coupled with the possibility of OPEC+ releasing more supply, the crude oil market may enter a surplus cycle, with the average annual price of Brent crude oil expected to be $65 per barrel. Basic metals are experiencing price fluctuations amid differentiated supply and demand. Driven by macroeconomic uncertainty and risk aversion sentiment, gold remains one of the most attractive precious metals in 2025.

wallstreetcnDec 2 08:09 ET

Glencore-Merafe Venture Gets New Solar Plant to Power Ferrochrome Smelters

MT NewswiresNov 29 00:00 ET

Will Inflation Stick Around? What Oil, Gold and Stocks Are Signaling About Rising Prices

MarketWatchNov 24 12:01 ET

Mexico's Increased Mining Royalties Could Deter $7 Billion In Foreign Investments

BenzingaNov 22 07:13 ET

Solaris Resources Names Former Glencore Executive Matthew Rowlinson as New CEO

WSJNov 20 08:35 ET

Glencore to Scale Up Use of Ceibo's Sulfide Leaching Technology for Copper Extraction in Chile

MT NewswiresNov 19 23:10 ET