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The Wall Street Journal: OPEC and its allies on Sunday strike historic agreement to cut nearly 10 million barrels a day

Saudi Arabia, Russia and the U.S. agree to lead a multinational coalition in major oil-production cuts after a month-long Saudi-Russian feud and a drop in demand due to the coronavirus crisis devastated oil prices......»»

Category: topSource: marketwatchApr 12th, 2020

Why the OPEC-Russia Blowup Sparked All-Out Oil Price War

First Russia tossed a hand grenade into global oil markets. Then Saudi Arabia dropped a bomb. After the dramatic collapse of an alliance between the OPEC oil cartel and Russia, a one-day plunge of more than 30% in oil prices sent shockwaves throu.....»»

Category: topSource: washpostMar 10th, 2020

The Tell: Goldman says coronavirus and oil ‘price war’ could see crude plunge into the $20s

Goldman Sachs commodity analysts slash their forecast for crude prices on Sunday after an alliance between Saudi Arabia-led OPEC and Russia collapses, launching a new “price war” between the producers......»»

Category: topSource: marketwatchMar 8th, 2020

Oil prices flat; OPEC+ mulls supply cut as virus hits demand

Oil futures gave up early gains on Thursday, as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate fallout from the coronavirus outbreak that has amplified concerns about weakened global oil demand......»»

Category: topSource: reutersFeb 6th, 2020

Oil slides as demand fears outweigh hopes for bigger OPEC+ cuts

Oil prices edged lower on Tuesday as fears that energy demand would take a long-term hit from the coronavirus outbreak offset prospects for more cuts in crude production from OPEC and its allies......»»

Category: topSource: reutersFeb 4th, 2020

OPEC+ likely to extend oil supply cuts until June: sources

OPEC and its allies are likely to extend existing oil output cuts when they meet next month until mid-2020, with non-OPEC oil producer Russia supporting Saudi Arabia's push for stable oil prices amid the listing of state oil giant Saudi Aramco......»»

Category: topSource: reutersNov 21st, 2019

Can OPEC and Russia Combined Stop Falling Oil Prices?

Oil has long been a key barometer for a real-time reading on the global economic picture. There may be a move to clean energy and renewables, but oil still dominates the energy world......»»

Category: blogSource: 247wallstJun 6th, 2019

Bank results curb Wall Street, oil falls as Russia mulls production boost

Underwhelming quarterly results from U.S. banks limited gains in world stocks on Monday, and oil prices fell after Russia said it and OPEC may decide to boost production......»»

Category: topSource: reutersApr 15th, 2019

Oil sinks as OPEC mulls Iran supply cut exemption, tries to get Russia on board

Oil prices fell on Friday as OPEC discussed a potential exemption from cutting output for Iran and as the producer club sought to get heavyweight supplier Russia on board......»»

Category: topSource: reutersDec 7th, 2018

Futures Movers: Oil prices jump as reports says OPEC and Russia agree to production cut

Oil prices jump as Friday trading progressed, buoyed by reports from the OPEC meeting that said the cartel and its alliance had reached an agreement to curb production......»»

Category: topSource: marketwatchDec 7th, 2018

Pure Value Capital 4Q18 Commentary: Long Term Capital Losses

Pure Value Capital commentary for the fourth quarter ended December 31, 2018, discussing the a) real long term returns of stocks and bonds, b) volatile stock prices, stable in.....»»

Category: blogSource: valuewalkJan 18th, 2019

GlobalWafers expects long-term supply contract prices to remain stable

Increased regional economic uncertainty is affecting negatively customer demand in the first quarter of 2019, but GlobalWafers expects no impact to its long-term supply contract prices, according to company chairperson Doris Hsu......»»

Category: topSource: digitimesJan 24th, 2019

OPEC Proposes Formal Oil-Production Alliance With Russia

Even as the US brought sanctions against Venezuela's state-run oil company, oil prices have slumped over the past week, .....»»

Category: blogSource: zerohedgeFeb 5th, 2019

Copper price hikes to drive up short-term profits at copper foil vendors

Rising international copper prices may drive up profits for copper foil vendors in the short term, but they face new challenges to their long-term business operations, according to PCB supply chain sources......»»

Category: topSource: digitimesMay 13th, 2021

: The vast majority of Americans expect home prices to rise — but most people think it’s a good time to buy a home anyway

Americans continue to prefer real estate to other long-term investments such as stocks and bonds......»»

Category: topSource: marketwatchMay 11th, 2021

Warren Buffett and Jeff Bezos have similar views on stock prices, long-term investing, and what makes a "dream business"

The famed investor and the Amazon chief have both quoted Benjamin Graham, trumpeted long-term stock ownership, and described the per.....»»

Category: worldSource: nytApr 26th, 2021

Ever Given is no longer blocking the Suez Canal, but Russia sees a long-term benefit from it being stuck

Russian o.....»»

Category: dealsSource: nytMar 30th, 2021

The Tell: Who owns bitcoin? Roughly 80% are held by long-term investors: report

Bitcoin prices have been scaling new heights recently, and the basic dynamic of tighter supply and increased demand has underpinned that climb, according to a report compiled by London-based crypto custodian Copper.co......»»

Category: topSource: marketwatchFeb 10th, 2021

OPEC, Russia eating US lunch as oil demand soars

OPEC and Russia will regain their dominance over oil prices while America slept......»»

Category: topSource: foxnewsFeb 5th, 2021

OSE seeking logic chips backend orders after allying with Chipbond

Orient Semiconductor Electronics (OSE), which has struck a long-term strategic alliance with Chipbond Technology, is expected to soon land new logic chips packaging orders from Taiwan's first-tier IC design houses, according to supply chain sources......»»

Category: topSource: digitimesJan 8th, 2021