Glencore sees oil and gas trading volumes jump to six-year high in 2025

Glencore grew its oil and natural gas trading volumes to their highest since the coronavirus pandemic in 2025, but struggled to offset losses linked to falling prices, the company said Feb. 18, observing lasting challenges navigating a softer market environment. The Switzerland-headquartered commodities trader achieved a total oil and gas trading result of 4.2 million barrels of oil equivalent/dayGlencore grew its oil and natural gas trading volumes to their highest since the coronavirus pandemic in 2025, but struggled to offset losses linked to falling prices, the company said Feb. 18, observing lasting challenges navigating a softer market environment. The Switzerland-headquartered commodities trader achieved a total oil and gas trading result of 4.2 million barrels of oil equivalent/dayRead More