The Situation Room: Events at the End of the Year Are as Impactful as Ever

The Situation Room: Events at the End of the Year Are as Impactful as Ever

by | published December 16th, 2019

Welcome back to The Situation Room, Oil & Energy Investors.

I’ve just returned from my trip to Baltimore (and considering the weather up there, it seems I got out just in time), and it is business as usual back home in Ft. Lauderdale.

As the end of the year approaches, some have been scrambling to tie things up in neat bows before 2020 begins.

That includes geopolitical situations and energy developments alike, and I’ve been examining everything.

From the Saudi Aramco IPO to investigative scandals to elections and impeachments, things are not slowing down, even as we speed through the last few weeks of 2019.

Let’s take a look at my top two focus points this week…

1. Glencore’s Ongoing Investigation

As I mentioned last week, we’ve been seeing some troubling news coming out of British-Swiss global oil, commodities, and metals trader Glencore, which has been hit with ongoing investigations into alleged bribery.

The company’s activities have been under increased scrutiny since 2018, when its dealings in the Congo, Venezuela, and Nigeria became suspect.

This week, I will be continuing my investigation into this ongoing scandal, and I’ll be taking a look at what this could do to the energy sector as a whole.

Devastating market storm headed our way (Are you prepared?) now, our economy is operating on borrowed time – and you may only have days to prepare for an economic disaster that could leave you and your family stranded in a deadly debt emergency. Even billionaires are panicking… in fact, during a recent interview, one prominent billionaire issued a grim warning: “It’s ‘a certainty’ that we will have another financial crisis like in 2008.” We’re just a hair’s width away from total mayhem. Learn how to protect yourself before it’s too late.

2. The UK Results Are In

Last week saw a momentous election in the UK. British voters participated in the country’s third general election in less than five years, mostly thanks to Brexit.

And the results are in: Boris Johnson was elected nearly unanimously.

Now that the election is behind us, I will be looking into whether London will continue as the center for international energy investment after this result.



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