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11/30/2024

Prologue Journal

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Wall Street Is Betting OPEC+ Can Fend Off $100 Oil

prologu5
04/16/202404/16/2024

Wall Street Journal

Traders expect spare capacity will cap crude prices despite the conflict in the Middle East.

https://www.wsj.com/articles/wall-street-is-betting-opec-can-fend-off-100-oil-519092cf

The Biden administration granted Samsung up to $6.4 billion to build chip-making facilities in Texas, another subsidy aimed at reviving semiconductor production in the U.S.

Israel intends to punish Iran for the direct attack on its territory, Israeli officials said, but it faces a difficult challenge in finding a way of doing so that avoids further escalation, preserves the partnership that helped repel the assault and doesn’t derail its war aims in Gaza.