Oil Price Forecast: WTI and Brent Extend Decline as Traders Price Managed Uncertainty
The oil price forecast weakened after crude futures settled lower in cautious trade, with investors balancing the possibility of more Middle Eastern supply returning to the market against the risk that U.S.-Iran talks may face new obstacles. The move showed that energy traders are no longer pricing an immediate crisis,
Gold Price Forecast: Iran Deal Optimism Lifts Bullion as Fed Hike Bets Ease
Gold prices rose more than 1% on Tuesday as optimism around an interim U.S.-Iran peace deal reduced oil-market stress, lowered inflation fears, and pushed traders to scale back expectations for another Federal Reserve rate hike later this year. The latest gold price forecast has turned more constructive in the short
