Wasting your breadth? Glencore reports disappointing half-year returns

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Agri/Soft Commodities, Metals and Mining, Oil & gas

Ralph Ivey

Reporter

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The release of Glencore’s half-year financial results disappointed its shareholders. Profits are down across its legendary energy trading arm, even while its metals business records strong revenues. However, its unparalleled access to cheap liquidity should see it through another period of stagnant commodity prices.