Oil Prices Decline Over $1 Amid Lower Demand Forecast; Gold Reaches Two-Month Peak
Beirut: Oil prices fell by more than $1 on Thursday after analysts lowered their forecasts for global oil demand in 2026. Brent crude futures dropped $1.29, or 1.5%, to $87.69 a barrel, while US West Texas Intermediate crude fell $1.30, or 1.6%, to $8…