Copper $ 5.7745 / lb -0.90%
Brent Crude Oil $ 69.46 / bbl 0.29%
Palladium $ 1280.5 / ozt -0.58%
Crude Oil $ 66.29 / bbl 0.21%
Natural Gas $ 3.096 / Btu -0.45%
Silver Futures $ 39.06 / ozt -0.59%
Aluminum Futures $ 2610.5 / ton -0.06%
Micro Gold Futures $ 3339.9 / ozt -2.62%
Micro Silver Futures $ 39.065 / ozt -0.52%
Platinum $ 1419.4 / ozt -1.98%
Gold Futures $ 3339.8 / ozt -0.96%
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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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