Glencore Earnings: Impact of Lower Energy Prices on Financial Performance

Wednesday, 21 February 2024, 07:33

Glencore's full-year adjusted earnings showed a significant decrease to $17.1 billion as a result of the decline in energy prices following Russia's invasion of Ukraine. The company faced challenges as coal prices retreated from their record highs, impacting its financial performance.
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Glencore Earnings: Impact of Lower Energy Prices on Financial Performance

Glencore Earnings: Impact of Lower Energy Prices

Glencore's full-year adjusted earnings came in at $17.1 billion after coal prices retreated from the record highs that followed Russia's invasion of Ukraine.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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