Released January 08, 2020 | 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 |
| US kills infamous Iranian General Qalem Soleimani |  |
An infamous Iranian general was killed by a US air strike ordered by President Donald Trump. Oil prices have since risen 4% and stocks have slumped. | Iran's Changuleh Oil Field Seeks Foreign Investors, an Industrial Info Market Brief | Bloomberg |
| Iran ends nuclear limits; Iraq votes to expel US forces |  |
Repercussions for the US killing of Iranian Major General Qassim Suleimani already happening throughout Middle East: Iraq has voted to expel US diplomats, joint US-Iraqi base has been attacked, among the repercussions. | Industrial Info Tracks 178 Operational Oil & Gas Plants in Iraq, an Industrial Info Market Brief | NY Times |
| Maduro tightening his grip on power |  |
Maduro's supporters block Juan Guaido's re-election to head the National Assembly which has been seen as the last legitimate institution in Venezuela by the US and other major countries worldwide. | Oil Markets Unaffected by Chaos in Venezuela, U.S. Crude Oil Sanctions | NY Times |
| Israel, Greece and Cyprus finishing 6bn gas pipeline deal |  |
The pipeline project will link Cyprus and Israel's offshore gas to Greece and Italy and it is set to bypass Turkey and provide ~10% of Europe's natural gas. | Greece, Israel, Cyprus Sign Historic EastMed Pipeline Deal | Financial Times |
| Saudi Aramco: the world's largest oil AND carbon footprint producer |  |
Most of the oil giants have drawn out agendas to significantly reduce their carbon footprint emission by 2040. However, Saudi Aramco, the world' largest oil producer, has made little to no promises on how much they will, if they do, reduce their carbon emission. | Saudi Aramco Awards Major Offshore Project, an Industrial Info Market Brief | Financial Times |
| Weekly Recap: 01/01-01/08 |  |
A drone strike in September crippled two Saudi facilities; although, with short lived ramifications. Now a US drone strike strikes down Iranian Major General Qassim Suleimani and this time the Middle East is boiling over. Armed conflict could be imminent. | ||
| *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.
