Updated

Updated · OilPrice.com · Jul 29

Glencore Trading Earns $3.3 Billion in H1 as Iran War Drives Energy Prices Higher

Updated

Updated · OilPrice.com · Jul 29

Glencore Trading Earns $3.3 Billion in H1 as Iran War Drives Energy Prices Higher

2 articles · Updated · OilPrice.com · Jul 29

$3.3 billion in first-half profit put Glencore's trading division close to the top end of its full-year earnings target after just six months.
The company set that annual goal at $3.5 billion, leaving its traders within striking distance of the ceiling and on track for a potential record year.
Soaring energy prices after the Iran war fueled the windfall, underscoring how commodity traders have profited from the latest market disruption.

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Right50%

OilPrice.com8d ago

Glencore Forecasts $3.3 Billion H1 Trading Profit Amid Iran War Volatility

Bloomberg9d ago

Glencore Trading Team Reports $3.3 Billion First-Half Profit Amid Soaring Energy Prices

With war fueling billions in profit, what happens to Glencore's historic streak if global peace suddenly stabilizes the commodity markets?

As trading revenues explode, why are Glencore's actual physical mining operations quietly struggling with plummeting cobalt and coal outputs?

Can the AI-driven copper boom sustain this commodity giant's massive windfall once geopolitical supply disruptions finally fade away?

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2 total

Left50%

Right50%

OilPrice.com8d ago

Glencore Forecasts $3.3 Billion H1 Trading Profit Amid Iran War Volatility

Bloomberg9d ago

Glencore Trading Team Reports $3.3 Billion First-Half Profit Amid Soaring Energy Prices

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