Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
30 November 2022 | Other

OPEC+ is unlikely to change its policy ahead of the decision to cap oil prices from Russia

Brent
WTI Light Crude Oil

Reuters reports that OPEC+'s decision to set a meeting on Dec. 4 may indicate no changes to the organization's policy in the coming days.

The virtual meeting will also focus on the European Union's upcoming agreement to cap Russian oil prices. The decision is due to take effect by Dec. 5 in connection with a subsequent embargo on Russian oil supplies.

The news agency also added that the OPEC+ organization would prefer to refrain from making any unequivocal statements at this time until the results are summarized on Monday. 

Company MarketCheese

Recommended

United States. OPEC Crude oil Production UAE (Barrel). The value of the indicator has decreased from 3.39M to 2.1M
Today at 3:47 PM
United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 218.7K to 233.6K
27 March
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has decreased from 414 to 409
27 March
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has decreased from 552 to 543
27 March
United States. Cushing Crude Oil Inventories. The value of the indicator has increased from 0.944M to 3.421M
25 March
Top news
European Union. CPI (MoM). The value of the indicator has increased from 0.6% to 1.2%
Today at 9:02 AM
European Union. Manufacturing PMI. The value of the indicator has increased from 50.8 to 51.4
24 March
European Union. Trade Balance. The value of the indicator has decreased from 11.2B to -1.9B
20 March
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
19 March
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
19 March
All news

Forecasts

Brent buy
Period: 03.04.2026 Expectation: 250 pips
Investing in Brent crude with $113 in view
FA Other Indicators and reports Hot news
Today at 11:57 AM 27
Reed_Marcus
AUDUSD buy
Period: 07.04.2026 Expectation: 920 pips
Buying AUDUSD with 0.6945 in sight as technicals flash oversold
Technical analysis TA Other Indicators Hot news Fundamental analysis
Today at 11:49 AM 15
Lyra_Moonwell1
Tesla Inc sell
Period: 30.04.2026 Expectation: 5500 pips
Selling Tesla stocks upon breaking support
FA Other Indicators and reports Chart analysis Hot news
Today at 10:47 AM 22
Sinclair_John
BTCUSD sell
Period: 07.04.2026 Expectation: 5100 pips
Selling Bitcoin with $62,500 target on weakening buying interest from major players
Technical analysis FA Other Indicators Hot news Fundamental analysis
Today at 08:16 AM 25
Emily_Foster
Silver buy
Period: 06.04.2026 Expectation: 6500 pips
Active silver sell-off gives way to accumulation phase
Technical analysis TA Other FA Other Indicators Fundamental analysis
Yesterday at 11:52 AM 63
Lyra_Moonwell1
EURUSD sell
Period: 29.05.2026 Expectation: 3600 pips
Selling EURUSD down to 1.11500
FA Other Indicators and reports Chart analysis Hot news
Yesterday at 11:09 AM 35
Reed_Marcus
Go to forecasts