Glencore Raises 2026 Marketing EBIT Outlook Above USD 5 Bn, Updates Long-Term Guidance

Glencore Raises 2026 Marketing EBIT Outlook Above USD 5 Bn, Updates Long-term Guidance

Get latest articles and stories on Business at LatestLY. Glencore expects its 2026 Marketing Adjusted EBIT to exceed USD 5 billion, raising its outlook after a strong first-half performance, while the commodities major has introduced an updated methodology that puts its long-term through-the-cycle guidance midpoint at about USD 3.5 billion from 2027. Business News | Glencore Raises 2026 Marketing EBIT Outlook Above USD 5 Bn, Updates Long-term Gu…

Glencore sees trading profits topping $5bn

GLENCORE expects its marketing division to earn more than $5bn this year, which would put 2026 among the strongest years in the group’s history, Bloomberg reported. In a statement on Friday, the London-listed miner and trader credited the result mainly to “the materially reshaped crude oil, refined products, gas and freight markets”. Glencore also raised […]