Oil price latest: Trump pulling out of Iran nuclear deal could inflate prices | City & Business | Finance

Ehsan Khoman, head of research for Middle East and North Africa (MENA) at MUFG bank, the largest bank in Japan believes the oil market is underestimating the impact the collapse of the Iran nuclear deal. Mr Khoman told CNBC: “We think at least 250,000 to 350,000 barrels of Iranian crude a day could be at risk of disruption if sanctions are brought More...

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By admin On Thursday, April 26th, 2018
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Amazon profit more than doubles

Amazon is unstoppable. Amazon (AMZN) said Thursday it made $1.6 billion in profit during the first three months of 2018, more than double the same period a year earlier, even as it invests in costly More...

By admin On Thursday, April 26th, 2018
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The US has moved on Huawei and ZTE. Should other Chinese tech companies worry?

The United States has effectively closed its doors on Huawei and ZTE, two of China’s biggest tech companies. That’s left many to wonder: Will big names like Alibaba, Tencent and Lenovo More...

By admin On Thursday, April 26th, 2018
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Domino’s delivers awesome sales and profits

Forget Facebook, Amazon and those other tech companies. One of the hottest stocks on Wall Street is a company that makes social connections by delivering pizza. Domino’s stock surged 8% Thursday More...

By admin On Thursday, April 26th, 2018
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Gold’s favorite historical catalysts of inflation and higher oil prices appear to be signalling that higher metal prices may be just around the corner

While it is a given that price suppression and manipulation in the gold and silver markets is a fact of life, it is also correct to say that central and bullion banks cannot keep prices down forever.  And More...

By admin On Thursday, April 26th, 2018
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Oil prices could keep rising. Here’s why

Hedge fund manager Kyle Bass thinks demand for oil is about to go up. “Crude is going to go from a glut to a shortage in the next two years,” Bass, the founder and chief investment officer More...

By admin On Thursday, April 26th, 2018
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Bitcoin Milestone: 17th million Bitcoin could be mined as early as today which also means production costs will continue to grow exponentially

It is ironic that as more and more Bitcoin miners came online last year than ever before, the amount of cryptocurrency mined has actually declined year over year.  And as the next milestone for Bitcoin comes More...

By admin On Thursday, April 26th, 2018
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U.S. economy along with the Fed desperately hoping on higher oil price so that returning Petrodollars will keep markets going

As bond markets in the West show signs that foreigners no longer want dollar denominated assets, an interesting thing is occurring that may just provide short-term salvation to economies that desperately need More...

By admin On Thursday, April 26th, 2018
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How the NFL draft went from a hotel ballroom to an all out spectacle

They say everything is bigger in Texas. So it’s fitting that the NFL Draft, which has ballooned in recent years from an off-season process into a bona fide, fan-focused event, kicks off in Dallas More...

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