Oil could slip to $50s as demand cools and OPEC+ ramps up supply: Peter McGuire

Oil prices may slip into the $50s as OPEC+ supply rises and demand cools, even as gold and silver extend their rally, says Peter McGuire, CEO of Trading.com. He told CNBC-TV18 that softer fuel costs will aid inflation, while precious metals could see fresh highs with support from Fed rate cuts.

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