Released November 27, 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 |
| Phase one US-China agreement might be pushed to 2020 |  |
China wants all of the tariffs removed but Trump is only willing to talk if China buys more American produce. China is reluctant as this would crash their produce market. Lastly, analysts believe that American produce in exchange for removing tariffs is too "skinny" of a deal. | China Exempts U.S. Soybeans, Pork and Other Farm Goods from Additional Tariffs, an Industrial Info Market Brief | Reuters |
| ExxonMobil to sell $25bn in assets in Europe, Asia and Africa |  |
The oil giant is planning to sell some of its major assets abroad to invest in much bigger, or what they call "mega projects," at home and abroad. | ExxonMobil Agrees to Sale of North Sea Assets | Reuters |
| OPEC+ to continue working together to stabilize oil market |  |
Russia signals its commitment, agreeing to cut production to balance oil prices once again. | Surging U.S. Oil Production Overwhelms OPEC+ Production Cuts | Reuters |
| OECD Economic Outlook: Weak trade and investment threaten long-term growth | |
OECD is looking at 2.9 global GDP growth through 2021 - the weakest expansion since the financial crisis over a decade ago. There is a need for trade; global taxation and the energy transition. | Tesla Picks Berlin for First European Gigafactory | OECD |
| Weekly Recap: 11/18-11/22 | |
Everybody anxiously awaits a US-China Resolution. However, this might now not happen until 2020. OPEC+ is saying its members will work together to extend cuts, thereby stabilizing the oil market. The only thing certain is continuing uncertainty. | ||
| *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.
