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Oil Price Rally Boosts Glencore’s First-Half Profit
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Oil Price Rally Boosts Glencore’s First-Half Profit

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Glencore posted $4.4 billion in first-half net income as oil and copper price swings drove its trading division to near-record profit.

Commodity producing and trading giant Glencore booked a $4.4-billion net income for the first half of the year, a jump of $5 billion from a loss a year earlier, as the oil and copper price rallies and volatility boosted revenues and trading profits. ... [2382 chars]

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Source: Crude Oil Prices Today | OilPrice.com

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