Oil Price Rally Boosts Glencore’s First-Half Profit ...Middle East

OILPRICE - Economy
Oil Price Rally Boosts Glencore’s First-Half Profit
source : OILPRICE ( Middle East ) () 33
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. Glencore on Wednesday reported $4.405 billion in net income attributable to equity holders for the first half, compared to a loss of $655 million for the same period of 2025. Adjusted core earnings, or EBITDA, jumped by 86% to $10.1 billion and revenues surged by 49% to $174 billion. As guided last…

Hence then, the article about oil price rally boosts glencore s first half profit was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Price Rally Boosts Glencore’s First-Half Profit )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Tuya Smart Launches Tuya AI Coding, Enabling Users to Build Their Own AI-Powered Lifestyle Apps with Natural Language
PR Newswire - before 6 hours & 30 minute
Dnotitia's Seahorse AI Storage Wins AI Application Award at FMS 2026
PR Newswire - before 8 hours & 39 minute
Schreiber Foods and Ascendion Announce Strategic Partnership to Transform Global Operations and Software Development Using Agentic AI
PR Newswire - before 4 hours & 40 minute
Infinix Ranked Among Kantar BrandZ Top 50 Chinese Global Brand Builders, Earns Its First Future Leading Award
PR Newswire - before 5 hours & 49 minute
Компания Lockton представляет Lockton SAGE -- первую в отрасли унифицированную платформу корпоративной аналитики
PR Newswire - before 9 hours & 10 minute
EQT's Scaleup Europe fund makes first investment - co-leads €1 billion funding round in ICEYE, Europe's leader in sovereign intelligence from space
PR Newswire - before 4 hours & 39 minute
UK’s cheapest and most expensive supermarkets named
INDEPENDENT - before 3 hours & 14 minute
VT Markets redéfinit les heures de négociation de l'or avec le lancement de XAUUSD247
PR Newswire - before 3 hours & 29 minute
Bivial AG Introduces a Fully Digital Share Capital Account for Faster Account Opening in Switzerland
PR Newswire - before 4 hours & 26 minute
Alchemiq apporte la découverte en temps réel des sujets émergents à ChatGPT, Claude et Gemini
PR Newswire - before 4 hours & 12 minute
Best savings accounts in August to earn up to 5% on your money
INDEPENDENT - before 3 hours & 59 minute
PM reviews TSFE’s strategy to maximize returns on state assets
EGYPT INDEPENDENT - before 2 hours & 52 minute


Latest News

RangeMark Launches Patented Long-Range Marker Identification for Drones - 1 km Detection, No GPS or RF

before minute

Houthis Claim Ballistic Missile Hit on Saudi Oil Tanker in Red Sea

before minute

Micronotes Relaunches as Eligen, Becoming an Industry-Leading Growth Engine

before 15 minute

Deloitte Introduces ControlCatalyst.AI™, a New Suite of AI-Driven Solutions Designed to Enhance Quality and Efficiency in the End-to-End Internal Audit, SOX, and Risk and Controls Lifecycles

before 30 minute

Lauer Media Company Helps Small Businesses Prepare for AI Search

before 45 minute

AI Influencers Are Heading Into Uncharted Territory

before 46 minute

CodeROI Platform Enhancement: Automated Evidence for the IRS's New Project-Level R&D Reporting ahead of 2026 Mandate

before hour

Safebooks AI Achieves SOC 1 Certification, Advancing Auditability and Transparency in Agentic Finance

before hour & 15 minute

Die Bivial AG führt ein vollständig digitales Kapitaleinzahlungskonto ein, um die Firmengründung in der Schweiz zu beschleunigen

before hour & 30 minute

Altair Industries Announces the Acquisition of Central Wire Industries

before hour & 32 minute

Bybit.eu rozszerza ofertę w Europie po uzyskaniu przez Bybit Payments GmbH licencji instytucji pieniądza elektronicznego

before hour & 45 minute

Thomson Reuters Reports Second-Quarter 2026 Results

before hour & 59 minute

U.S. Moves to Keep Tungsten Scrap and Battery Metals at Home

before hour & 59 minute

Infosys and Metsä Group Expand Strategic Collaboration to Drive AI-led IT Transformation

before 2 hours & 15 minute

Global Creators Turn to Yiwu as Livestream Commerce Gains Momentum

before 2 hours & 31 minute