- BusinessCNBC•9 hours ago
Bullish investors have a lock on the oil market, putting $100 a barrel in play, market veteran says
Oil expert Tom Kloza's bearish days are behind him. The Oil Price Information Service [OPIS] global head of energy analysis blamed fresh geopolitical tensions for his bullish forecast — citing a potential U.S. military response if Iran resumes its nuclear program , Venezuela's oil production nose diving and "spectacular" global demand. Since the first quarter ended on March 31, WTI crude oil has surged almost 9 percent to $70.70 a barrel, based on Friday's close.
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- BusinessTheStreet.com•20 hours ago
Apple Buys Tesla? Amazon Buys Sears? 3 Dream Mergers That Just Make Sense
and why Amazon should be a willing buyer. Sears has long been the poster child for the rapid, festering decline of American retail. Shares shot up 16% the day the deal was announced, and all it's offering is for Amazon customers to choose a Sears location to get the tire service they buy online.
