BUSINESSBLOOMBERG
Glencore Profit Jumps on Trading Boom and Record Copper
Glencore Plc reported a significant increase in profits driven by higher commodity prices and strong performance in its trading unit. The company attributed the surge to a boost in copper prices and elevated energy prices caused by the Iran war.
Related Signal
Adjacent reporting
- Glencore Says Its Traders Post First-Half Profit of $3.3 Billion
- Glencore’s Traders Score Big Profits as War Rattles Energy Markets
- Anglo American Posts Profit Jump on Record Copper Prices
- Exxon and Chevron profits surge on rising oil prices due to Iran war
- Copper Heads for Weekly Gain as Traders Look Past Iran Flare-Up
- Grupo México Profit Jumps 79% as Copper Prices Rally