Codelco Pauses Copper Mine; BP Profit Hits $5.7B; BDI Jumps 3.3% to 2,936

Codelco halts expansion at the El Teniente copper mine and clean copper treatment charges drop to minus $170 per metric ton, while BP reports Q2 profits of $5.73 billion driven by Middle East volatility and Russian refined fuel exports slump 33%. Meanwhile, Britain targets its worst cereal harvest in forty years, Argentina slashes port pilot fees by 20% to clear river grain bottlenecks, and the Baltic Dry Index surges 3.3% to 2,936 points.https://www.commoditiesinstitute.comFOLLOW US @commoditiesinstituteInstagram - https://www.instagram.com/commoditiesinstituteFacebook - https://www.facebook.com/61584221970761TikTok - https://www.tiktok.com/@commoditiesinstituteYouTube - https://www.youtube.com/@commoditiesinstituteListen to the Podcast:Spotify Podcast - https://open.spotify.com/show/6eO2y40mmH5J8boeF0ANjJApple Podcast - https://podcasts.apple.com/us/podcast/the-commodities-institute-podcast/id1826784341Commodities Market Oil Metals News Trading Agriculture Policy Politics Energy