Released December 04, 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.
| Event | MarCon* | IIR Comment | IIR Links | Outlet |
| China rebukes White House support for Hong Kong |  |
Following the US passage of the "Hong Kong Human Rights and Democracy Act," China summons the US ambassador to express its disapproval and warns the US of its actions, most likely worsening the US - China trade talks. | China's Oil Refineries Unaffected by Economic Slowdown, an Industrial Info Market Brief | Financial Times |
| Russia bets big on LNG |  |
Putin states that Russia's LNG production will reach 120-140 million tons by 2035, betting big on Russia becoming one of the big LNG players and the biggest LNG exporter. | Russia's Largest LNG Project Gets Green Light | Oxford Energy |
| "Power of Siberia" pipeline to China could completely transform Chinese LNG market |  |
The pipeline is scheduled to open on December 2. It runs from Heihe, China to Jilin and will supply ~5 bcm of LNG in 2020, and over 3 times that (16 bcm) by 2021, meeting and surpassing that area's demand for LNG. | IEA Sees Sharp Growth in U.S. Shale Oil Supply and Asian Gas Demand | Reuters |
| Pemex debt almost at $100 billion |  |
The Mexican state-owned oil producer is in dangerous waters as its debt continues to pile on. To make matters worse, production and exports have slowed by 3% and 6%, respectively. | More Than $42 Million in Pemex Maintenance Projects to Kick Off in 2020, an Industrial Info Market Brief | Reuters |
| Weekly Recap: 11/25-11/29 | |
US - China Trade War Resolution suffers likely setback from recent Hong Kong elections results as well as from US bill supporting Hong Kong. Mother Russia tightens relationship with China as she has been doing with Saudi Arabia, extending influence into Asia as well as the Middle East at US expense. | ||
| *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. | ||||
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.
