Video News/Market Analysis
Crude oil's downward trend: Are we heading to $40 WTI? - Mike McGlone
Bloomberg Intelligence's Senior Commodity Strategist, Mike McGlone, joins Jeremy Szafron, Anchor at Kitco News, to discuss the commodities market's current state and future projections. With geopolitical tensions escalating and the commodities market experiencing significant volatility, particularly in oil and precious metals, McGlone offers a deep dive into the factors influencing these trends. From the implications of the recent drone attack in Northeastern Jordan to the strategic dynamics of the Red Sea region, gain a comprehensive understanding of how these developments are shaping the global commodities landscape in 2024. VRIC coverage is sponsored by Snowline Gold — https://snowlinegold.com/
Guests: Mike McGlone
Source: Kitco News
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