NEWS

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Canada’s recent election highlighted challenges with income inequality and long-term environmental and economic sustainability. This is highlighted by it's Inclusive Development Index (IDI) score, ranking 17th overall among advanced economies.

Since the US re-established economic sanctions on Iran the country has been weathering the impact sanctions. Iran has maintained oil exports to China, Syria and India. Recent military and social accomplishments have emboldened officials.

What is clear in 2019 politcy makers responses have misjudged the global economy. The Inclusive Development Index (IDI)reflects more closely the criteria by which people evaluate their countries’ economic progress and is designed as an alternative GDP measures.

EIA reported another big build in crude storage, that's seven out of eight week's in builds. Crude oil inventories build +7929k bbls the government agency said. Gasoline and Distillate both drew last week. Cushing grew again with +1714k bbls. US production stayed at the record high with 12.60 mbpd.

Natural gas futures ran up ahead of the EIA report of a less than expected build of +34 Bcf in natural gas storage last week. Ahead we focus on cold weather, LNG and Mexican exports and the winter outlook for the US.

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