Trading frm Glencore’s business “remains operationally and fnancially robust” and it has “absolutely no solvency issues”, it says. The frm’s share price almost halved last month amid concerns about its exposure to falling commodity prices and its large debts. There has been no immediate impact on Glencore’s ability to trade, banks say. Glencore buys crude from Russia’s Rosneft on a pre-fnancing basis and has African oil producing assets in Chad and Equatorial Guinea.
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