Midweek News 28Aug

Source: EIA (Aug 2013)

Graphics

• Brent Priced In Various Currencies. No Inflation. (Reuters/Catherine Trevethan)

Central Banks

• CNTRL+P: Obama Admin Sees Mid-October Default Deadline. (Reuters)
• Turkish Bank Chief Plans To Throw More Reserves At Lira. Like A Boss. (Money Beat)
• Indian Rupee Hits Record Low. That'll Show The Bernank. (Reuters)
• Reserve Bank Of India's USDollar Oil Swaps. (Zerohedge) 

Geopolitics

• Prince Bandar Bush & Saudis Offer Russia Deal To Drop Syria. (Telegraph)
• US Gave Saddam Blessing To Use Chemical Weapons v Iran 25yrs Ago. (RT)

Supply/Demand & Markets 

• API: +2.5mil v +200k exp. (Reuters)
• EIA: +3mil v 200k exp. (EIA)
• Nabbucco Pipeline Dead? (Oil Price)
• Goodbye China Downgrades, Hello Upgrades. (Money Beat)
• The SPR Release Chatter Begins. (Money Beat)