New Delhi, Oct. 2 -- 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.

Under the updated framework, Glencore expects long-term Marketing Adjusted EBIT in a range of about USD 2.8 billion to USD 4.2 billion, based on Readily Marketable Inventories (RMI) of USD 32.2 billion as of June 30, 2026, and current marketing funding costs of around 5 per cent.

The company said its earlier long-term guidance range of USD 2.3 billion to USD 3.5 billion was based on materially lower RMI levels and a different...