Copper $ 5.5143 / lb 10.02%
Brent Crude Oil $ 70.16 / bbl 0.89%
Palladium $ 1125 / ozt 0.13%
Crude Oil $ 68.36 / bbl 0.59%
Natural Gas $ 3.336 / Btu -2.06%
Silver Futures $ 36.825 / ozt -0.35%
Aluminum Futures $ 2521 / ton 0.62%
Micro Gold Futures $ 3312.6 / ozt -2.69%
Micro Silver Futures $ 36.825 / ozt -0.34%
Platinum $ 1387.25 / ozt 0.32%
Gold Futures $ 3312.3 / ozt -1.09%
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Glencore Xstrata logs $7.4bn net loss, eyes oil deal with Russia

Cecilia Jamasmie | March 04, 2014 | 1:50 pm Base Metals Energy Precious Metals Africa Asia Australia China Europe Latin America Coal Copper Gold Nickel Zinc 

Mining and commodities giant Glencore Xstrata (LON:GLEN) dove deep into the red last year, reporting a massive net loss of US$7.4 billion, compared with a profit of $1 billion in 2012, after booking massive write downs related to its merger....

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