Submitted by Oilprice.com Oil truck drivers in Iran have started a new strike demanding improved working conditions, and the industrial action has resulted in large lines forming at gasoline stations in Iran, The Middle East Monitor reports, quoting the Anadolu Agency and local media. The strike is the second that…

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The US dollar is mixed on Tuesday ahead of the highly anticipated Federal Open Market Committee (FOMC) rate statement to be published on Wednesday. The market has already priced in a 25 basis points lift to the Fed funds rate. The economic projections and the speech by Chair Fed Powell…

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Michael Novogratz will discuss cryptocurrencies on CNNMoney’s “Markets Now” on Wednesday. The post Is crypto about to turn around? appeared first on NASDAQ.

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Authored by Tom Luongo, For bear markets to truly end investor sentiment has to get to a point where they would rather walk on broken glass than buy that asset or asset class.  We’re reaching that point in the precious metals market. In conjunction with that we also have to…

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WTI extended gains today after OPEC signaled it may not replace Iranian oil that’s disappearing from global markets as U.S. sanctions loom, but slumped off its highs of the day after Trump slammed OPEC for “ripping off the world.” As Bloomberg noted, OPEC shrugged off the threat to Iranian supplies…

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Mt Gox has published an announcement that its civil rehabilitation and bankruptcy trustee, Nobuaki Kobayashi, has liquidated 25,331 BCH and 24,658 BTC. The trustee is now working on “the preparation of a rehabilitation plan” to repay monetary claims against the defunct exchange. Also Read: Bitcoin Enters the Scrabble Lexicon Mt Gox Publishes…

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