Released July 01, 2020 | SUGAR LAND
en
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's global research teams are committed to confirming and reporting on the ongoing changes related to current market disruptions and how they are impacting project schedules.
We have created two searches to assist you in quickly identifying projects and unit offline events that have been impacted or delayed as a result of COVID-19.
Please use the links below to run each query. Details will be limited to your IIR subscription.
For projects confirmed to have been impacted, click here.
For offline events that have been impacted, click here.
We encourage you to visit these links daily, as our research teams are constantly releasing updates.
We also believe there are many projects moving forward as scheduled. Please use your PECWeb subscription to identify new opportunities through your latest updates widget or use this link to find new projects that have been released since March 16: Click here.
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 |
| Peak oil, coming to a neighborhood near you! |  |
The impact of COVID-19 has moved forward what analysts projected would be peak oil demand. Previous estimates were closer to 2030, but those estimates have moved forward closer to 2027-2028 due to supply chains in oil production severely affected by the impact of the coronavirus. | Industrial Info's Weekly Global Refining Impact Report | Financial Times |
| Maersk Tankers changes direction of company | |
Worries over geopolitics, along with decreases in demand and margins, have caused Maersk Tankers to change direction from owning tankers and transporting them, to solely managing them. | Maersk Drilling Cutting Workforce After Losing Contracts | WSJ |
| Rally in raw materials signaling to investors global growth returning faster |  |
COVID-19 laid a Mike Tyson right hook to commodity prices, knocking them down. Well, after a refereed "10 count," prices are getting off the mat and rebounding strongly with economic re-openings. | Steel Companies Report Tough U.S. Market Conditions in Second Quarter | WSJ |
| U.S. shale companies face a possible $300bn in writedowns in Q2 | |
The huge impairments -- about half the net value of the companies' property, plant and equipment -- would increase the sector's leverage from 40% to 54%, triggering insolvencies and restructuring, says the study by Deloitte, an accountancy. | IEA Sees 50% Decline for Shale Capex in 2020 | Financial Times |
| COVID-19 accelerating changes in energy Supply and Demand | |
COVID-19 is impacting energy demand, energy security and renewables investments while accelerating long-term trends of the global energy mix. Just glimpsing how this COVID straw is stirring our energy drink... | Industrial Info's Weekly North American Refining Report | Eco-Business |
| Weekly Recap: 06/24-07/01 | |
"Great Scott ~ my mind is blown" - Doc Brown. For the only thing certain is uncertainty. And market participants feel like they are caught up in a game of Red Rover, Red Rover. Positive. Negative. Negative. Positive. Bouncing between these poles like a pinball. How much does it say when Maersk changes company direction? To me, that speaks volumes about the logistical changes & returns in commodity supply chains. Time to rethink everything. Eh ghads!! | ||
| *MarCon (Market Condition 1-5, with 5 being the highest impact) 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's global research teams are committed to confirming and reporting on the ongoing changes related to current market disruptions and how they are impacting project schedules.
We have created two searches to assist you in quickly identifying projects and unit offline events that have been impacted or delayed as a result of COVID-19.
Please use the links below to run each query. Details will be limited to your IIR subscription.
For projects confirmed to have been impacted, click here.
For offline events that have been impacted, click here.
We encourage you to visit these links daily, as our research teams are constantly releasing updates.
We also believe there are many projects moving forward as scheduled. Please use your PECWeb subscription to identify new opportunities through your latest updates widget or use this link to find new projects that have been released since March 16: Click here.
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.
