Source: Baker Hughes, BI

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Chart: No misunderstanding, the US oil producers will use every opportunity to substitute OPEC. The US oil rig count increased again this week, by three to a total of 477 according to BH Source: Baker Hughes, BI Market Comment Political & Economic News Today's Economic Events Today's Stock Results Recent ML Reports Key Comment Best since the start of the week among various stock markets was Borsa Istanbul 100 Index +4.84%, Warsaw Stock Exchange WIG Total Return Index +3.85%, Deutsche Boerse AG German Stock Index DAX +3.72%, Karachi Stock Exchange KSE100 Index +3.70%, While worst since the start of the week among various stock markets was Shanghai Stock Exchange Composite Index -1.56%, Ibovespa Brasil Sao Paulo Stock Exchange Index -1.32%, S&P BSE SENSEX Index -1.22%, FTSE/JSE Africa All Share Index -0.90%, Best week to date in FX space vs. greenback was TRY +3.28%, ZAR +2.15%, RUB +1.12%, While worst week to date in FX space vs. greenback was AZN -1.58%, BRL -0.71%, PKR -0.13%, Best among commodities versus last Friday close was NATURAL GAS (NYMEX) +5.82%, PLATINUM SPOT +2.75%, SILVER (COMEX) +1.99%, While worst among commodities versus last Friday close was WTI CRUDE OIL (NYMEX) -3.77%, RBOB GASOLINE (NYMEX) -3.55%, COCOA (ICE) -3.41%, News Turkey Table of Contents THE SHORT LIST - RECEP TAYYIP ERDOGAN /.../ The first after Erdoğan: Turkey's new Prime Minister to bring the ... /.../ Thaw with Turkey holds economic promise /.../ Stability to trigger growth, says PM /.../ S. Korea's population to start shrinking in 2032 /.../ Turkey exports matsutake mushrooms to Japan /.../ Turkey's budget deficit at $7.4 billion for 2015 /.../ Moody's cuts Turkey debt rating to junk /.../ Brazil Brazil top court rules Senate head can stay, defuses crisis /.../ Brazil minister at center of new government scandal resigns /.../ China's investors target Brazil in hunt for growth /.../ Investment In Brazilian Power Sector: Challenges And Opportunities /.../ Place of the Year nominee spotlight: Brazil's favelas and the growth ... /.../ Brazil's Currency Gains With Stocks as Political Tensions Ease /.../ Brazil raises revenues forecast with amnesty program proceeds /.../ Temer: Brazil debt could equal GDP without cuts /.../ Russia Tokyo Optimistic Over Russian President's Upcoming Visit to Japan /.../ Russia's obsession with whether Prime Minister Dmitry Medvedev is ... /.../ Oil-rich Russia sees economic growth ahead /.../ Russian economic recovery encouraging: central banker /.../ Half of Russia's population at risk of falling into poverty, but its ... /.../ Press Review: EU discusses new policy towards US and jailed ... /.../ OPEC deal could give Russia extra $15bn in oil revenue /.../ In Russia, debt collectors may sexually assault you or burn your ... /.../ China China's President and Trump's Ambassador Pick Go Way Back /.../ A Chinese company just bought the UK prime minister's local pub /.../ China's economy gradually stabilizing: economist /.../ China investment growth steady, private sector improves /.../ China's Middle Class is Growing Insanely Fast /.../ China's exports, imports rise unexpectedly in November /.../ China, US or Russia: Are We Seeing New Superpower? /.../ There's a New Normal in China's Debt Market /.../ South Africa South Africa's president escapes a political coup /.../ Anglo Confronts Messy Divorce in Miner's South Africa Birthplace /.../ South Africa GDP growth slows further to 0.2 percent /.../ Fitch keeps S.Africa's investment-grade rating but cuts outlook t... /.../ Can Grass-roots Reforms Reverse South Africa's Stunted Growth? /.../ Op-Ed: The impact of Brexit on South Africa /.../ Fin24.com | Treasury reduces budget by almost R10bn /.../ S&P holds South Africa's rating, downgrades debt /.../ Australia Australian Islamic leaders support Muslim alternative to Peppa Pig /.../ Shinzo Abe likely to visit Australia in January /.../ 'Jobs and growth' slogan not enough: Bowen2:58 /.../ GDP slump unveils economic fragility /.../ Dick Smith to Waleed: "You don't understand basic economics"0:35 /.../ Australia's economy has worst fall since global financial crisis /.../ DELOITTE: The commodity rally won't save Australia's budget ... /.../ One Big Sale by Franklin Templeton Gutted Australia-Debt ETF /.../ Korea Impeachment Looms for South Korean President Park /.../ Impeachment Looms for South Korean President Park /.../ KDI slashes Korea's growth outlook for 2017 to 2.4% from 2.7% in May /.../ A Cloud Over Micron Technology /.../ S. Korea's population to start shrinking in 2032 /.../ Foreign IBs expect S. Korea's exports to continue steady recovery /.../ New South Korea budget airline cleared for take-off /.../ Joint effort to bail out Korea's debt-laden shipper Hanjin /.../ India President Pranab Mukherjee tells India institutions to take global ... /.../ India's prime minister slams opposition for blocking debate on note ... /.../ India's rapid economic growth to hit a speed bump after cash crunch /.../ India Investment Appeal for Japan May Dim on Docomo Dispute /.../ Carbon pricing a triumph of ideology over reason /.../ Without serious reform, India's exports can't take off /.../ Modi cash ban to boost India budget by three times Iceland's GDP /.../ India's debt-laden power retailers seen scaring off global investors /.../ Canada Vu du Canada. Trump président : le scénario du pire /.../ Statement by the Prime Minister of Canada on the launch of ... /.../ Service sector key to Canada's economic growth, Bank of Canada ... /.../ Rising up the ranks of Canada's investment industry /.../ Quebec's population growth slowed in 2015 as births, immigration ... /.../ Structural weakness weighs on Canada's exports, senior BoC ... /.../ Canada budget deficit widens in September BoC forecasts 11 pct ... /.../ Credit-card debt of prudent Canadians finds eager U.S. buyers /.../