Released November 13, 2019 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies.
IIR's Market Scorecard gives you the breaking news headlines from around the world, along with the directional impact to commodities, with expert indicators, and live links to IIR key research so you instantly have the details you need and make the right decisions.
For more information email us: iirteam@iirenergy.com.
Click here for the market scorecard PDF.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
IIR's Market Scorecard gives you the breaking news headlines from around the world, along with the directional impact to commodities, with expert indicators, and live links to IIR key research so you instantly have the details you need and make the right decisions.
For more information email us: iirteam@iirenergy.com.
| Event | MarCon* | IIR Comment | IIR Links | Outlet |
| Will we or won't we see a US-China Trade War Phase I Resolution in December |  |
Those in the commodity markets await more firm evidence that the US-China Trade War will indeed be completed. At least Phase I. | Dearth in China's U.S. LNG Imports Could End with Interim Trade Deal | Bloomberg |
| Chinese economy has slowed down, now the signs are more visible | |
As a sign of China's economic slowdown, besides the GDP and other obvious indicators, certain construction projects in China have been halted for years at a time now for running out of money | China's Oil Refineries Unaffected by Economic Slowdown | Financial Times |
| US Shale Titans say drilling frenzy is over |  |
Several executives made mention of US Shale slowdown -- even in the Permian -- on their most recent earnings calls | Project Spending in Bakken Formation Rises with Oil & Gas Production | OilPrice |
| Brazil's much anticipated oil auction results in much disappointment | |
Brazil was selling 5 large blocks believed to have plenty of oil but the big boys, BP, Exxon, and Shell didn't shell out, this reflects the current thin profit margins in the oil market | Brazil Picks BW Energy as Maromba Field Operator | WSJ |
| China Considers Cutting Electric-Car Subsidies Again | |
Subsidies could deal yet another blow to the once burgeoning EV industry; however, no decision imminent. As policy makers were surprised by prolonged downturn after subsidy cut in June | China Revs Up Development of 'New-Energy' Vehicles | Bloomberg |
| Weekly Recap: 11/4-11/8 |  |
Commodity Prices are pressured downward as the optimism for a November Phase I resolution in the US-China Trade War wanes as a possible signatory meeting is pushed into December. And there are concerns with the Chinese economy which obviously will affect global demand. | ||
| *MarCon (Market Condition 1-5) indicates directional bias or price effect for the relevant commodity (Oil, Natural Gas, Chemicals, etc.) and is graded by our team of experts here at IIR. | ||||
Click here for the market scorecard PDF.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
