Raghee Horner, futures and trading expert at Simpler Trading, discusses with Kurt Schemers and Don McKelvey on Traders Nation® that traders are looking at oil as a long-term prospect even though oil has slipped in price recently.
Geo-political events bolster the need for oil as OPEC looks to cut production...
by Deisy Buitrago, Marianna Parraga
CARACAS/HOUSTON (Reuters) - Venezuela is investigating Rafael Ramirez, a once powerful oil minister and former head of state oil company PDVSA, in connection with an alleged $4.8 billion Vienna-based corruption scheme, the state prosecutor’s office announced on Friday.
Prosecutor Tarek Saab said Ramirez and at least...