Glencore's Trading Unit Unlikely to Top 2022 Performance But Potential Is There -- Market Talk
Dow Jones04-30
0716 GMT - Glencore's trading unit is unlikely to top its 2022 performance but the potential is there, RBC Capital Markets analyst Ben Davis writes. The commodities company says full-year adjusted earnings before interest and taxes could be comfortably ahead of its long-term guidance range of between $2.3 billion and $3.5 billion a year. Its traders are capitalizing on dislocations across the crude oil markets, and the conflict could start impacting gas and coal markets too, Davis writes. This would offer even more opportunities for Glencore's traders. Shares rise 0.4% to 555.30 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
April 30, 2026 03:16 ET (07:16 GMT)
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