Oil Rises on Middle East Tensions, Yet Lower Prices Likely Ahead – Mike McGlone [Video]

Jeremy Szafron, Anchor at Kitco News, interviews Mike McGlone, Senior Commodities Strategist at Bloomberg Intelligence, to explore the latest dynamics in the commodities market. McGlone discusses the volatile shifts in oil prices influenced by tensions between Iran and Israel while making a call for lower WTI prices to come. McGlone also discusses economic factors and potential future trajectories of gold in response to central bank activities and inflationary pressures.

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Mike McGlone on X: @mikemcglone11 (https://twitter.com/mikemcglone11)

00:00 – Introduction and Overview
01:25 – Mike McGlone on Oil Price Trends
04:47 – Gold Market Dynamics
10:27 – Economic Indicators Influencing Commodities
15:12 – Long-Term Predictions for Oil and Gold

#MikeMcGlone #Commodities #OilPrices #GoldMarket #KitcoNews #FinancialMarkets #Investing #EconomicAnalysis #MarketTrends #interestrates #economy #gold #wticrudeoil
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.

SUBSCRIBE to our channel to stay up to date on the latest market and industry news.

For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets – visit us at https://www.kitco.com

To get market updates on the go, download the Kitco Gold Live! APP – https://applications.kitco.com

Stay connected:

Twitter – https://twitter.com/kitconewsnow
Instagram – https://www.instagram.com/kitconews
Facebook – https://www.facebook.com/KitcoNews
LinkedIn – https://www.linkedin.com/company/kitconews
StockTwits – https://stocktwits.com/kitconews

Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/

Learn more about Kitco News: https://www.kitco.com/news/about/

For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising

Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News.