Good news for Saudi Arabia, but hurdles remain.
Yuan-backed oil futures can shatter the US dollar dominance on the crude market, according to experts polled by RT. However, the greenback will not give up the top spot easily.
Bullion prices are set to climb because there’s been a lack of exploration and the global industry isn’t replacing the reserves it’s been mining, according to Stephen Letwin, chief executive officer at Iamgold Corp.
The U.S. is exporting crude oil at a record pace with no signs of slowing down. That has the potential to unbalance a global oil market in recovery, says energy expert Tom Kloza.
It seems the understatement of 2018 is to say that the biggest threat to the securities markets is a potential trade war.
The Trump administration is unleashing additional sanctions against seven Russian oligarchs with ties to President Vladimir Putin along with 12 companies they own or control.
The student loan debt crisis made headlines on March 22 after Senator Brian Schatz, along with other legislators in Washington, introduced the Debt-Free College Act, an act that will reportedly reverse the debt crisis in America.
As the U.S. and China do battle over trade, there's one sector that has been largely left out of the tit-for-tat for now — and that's energy.
The dollar fell against the yen and Swiss franc on Wednesday after China retaliated against the Trump administration’s plan to slap tariffs on Chinese goods, proposing a list of similar duties on a wide range of U.S. imports.