Glencore plc Stock (LON:GLEN) News and Forecasts on Dec. 24, 2025: Chevron Singapore Refinery Bid Talk, Analyst Targets, and Copper Tailwinds
Glencore shares traded near 399p on December 24, close to their 52-week high, amid thin holiday volumes. Reuters reported Eneos is leading bids for Chevron’s 50% stake in a Singapore refinery, with Glencore expected to submit a bid. The refinery processes 290,000 barrels per day and is jointly owned with PetroChina. Glencore’s stock remains sensitive to commodity swings and deal speculation.