Glencore narrows EBIT trading view and pares oil output plans

By Barbara Lewis and Esha Vaish LONDON/BENGALURU (Reuters) - Glencore on Thursday narrowed its expectations for pre-tax profit from trading on Thursday and lowered its oil production plans as the mining and trading firm waits for "a stronger price environment". Glencore narrowed its full-year earnings from trading before interest and tax (EBIT) view to a range of $2.5 billion (2 billion pounds) to $2.7 billion from $2.4 billion to $2.7 billion previously. Along with Anglo American , Glencore was