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  • Israel launches major air strikes on Iran-linked targets in Syria

    From reuters.com

    Israel launched an air attack against Iranian-linked targets in Syria near the main border crossing to Iraq in the early hours of Wednesday, one of the biggest strikes yet in a campaign that has escalated in the Trump administration’s final weeks. Israel has been stepping up strikes against Iranian targets in Syria, part of aggressive posture adopted before President-elect Joe Biden takes office next week in what could bring a reassessment of Trump’s “maximum pressure” policy on Iran. Syrian news agency SANA and Syrian state media said Israel had struck sites in Al Bukamal, the Syrian city that controls the ... (full story)

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    Goldman Discovers An Unexpected Source Of Demand For 1 Million b/d Of Oil

    From zerohedge.com|Jan 13, 2021

    Having recently turned even more bullish on the oil market, bringing forward up its year-end $65 Brent price target to the summer on Monday, overnight Goldman's commodity team ...

    Treasury Targets Billion Dollar Foundations Controlled by Iran’s Supreme Leader

    From home.treasury.gov|Jan 13, 2021

    The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action today against two organizations, along with their leaders and subsidiaries, controlled by ...

    Gasoline pushes U.S. consumer prices higher in December

    From reuters.com|Jan 13, 2021

    U.S. consumer prices increased solidly in December amid a surge in the cost of gasoline, though underlying inflation remained tame as the economy battled a raging COVID-19 ...

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    World’s Top Oil Trader: Airline Travel Won’t Recover Until Late 2021

    From oilprice.com|Jan 13, 2021

    Airline travel will continue to suffer in the first half this year and will only recover, and jet fuel consumption with it, in the back half of 2021, when mass vaccinations are ...

    Beige Book - January 13, 2020

    From federalreserve.gov|Jan 13, 2021

    Most Federal Reserve Districts reported that economic activity increased modestly since the previous Beige Book period, although conditions remained varied: two Districts reported ...

    EIA forecasts higher crude oil prices in early 2021, driven by inventory draws

    From eia.gov|Jan 13, 2021

    In its latest Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) expects global oil inventories to generally draw in 2021 and 2022 as a result of ...

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  • Posted: Jan 13, 2021 12:57pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 62
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