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

Head of the International Energy Agency says OPEC+ must consider fragile world economy

Brent
WTI Light Crude Oil

The head of the International Energy Agency said Tuesday that OPEC+ must consider the very fragile state of the world economy when considering larger supply cuts at an upcoming meeting. He said the ministerial meeting this weekend should also look at conditions in developing countries.

Oil prices in the global market remain high, fueling inflation and hampering economic activity. Saudi Arabia's energy minister, Prince Abdulaziz bin Salman, has come out in support of these cuts. He told at this month’s COP27 climate talks held in Egypt that they werenecessary to compensate for extreme economic uncertainty.

Company MarketCheese

Recommended

United States. Total Vehicle Sales. The value of the indicator has increased from 14.9M to 15.8M
Today at 6:17 AM
United States. API Weekly Crude Oil Stock. The value of the indicator has decreased from 11.4M to 5.6M
Yesterday at 10:15 PM
United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 141.3K to 172.7K
27 February
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has decreased from 551 to 550
27 February
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has decreased from 409 to 407
27 February
Top news
European Union. Unemployment Rate. The value of the indicator has decreased from 6.2% to 6.1%
Today at 10:00 AM
European Union. CPI (MoM). The value of the indicator has increased from -0.6% to 0.7%
Yesterday at 10:01 AM
United States. ISM Manufacturing PMI. The value of the indicator has decreased from 52.6 to 52.4
2 March
European Union. Manufacturing PMI. The value of the indicator remained at the same level of 50.8
2 March
European Union. CPI (MoM). The value of the indicator has decreased from -0.5% to -0.6%
25 February
All news

Forecasts

Gold buy
Period: 11.03.2026 Expectation: 150 pips
Gold stands firmly at $5,100
TA Other Hot news Chart analysis
Today at 11:34 AM 10
Reed_Marcus
USDCAD sell
Period: 11.03.2026 Expectation: 875 pips
USDCAD turns lower at channel ceiling
TA Other FA Other Technical analysis Indicators Fundamental analysis
Today at 11:25 AM 7
Lyra_Moonwell1
Brent buy
Period: 06.03.2026 Expectation: 500 pips
Oil finds solid footing above $80
TA Other Hot news Chart analysis
Today at 09:54 AM 12
Sinclair_John
NVIDIA Corporation buy
Period: 11.03.2025 Expectation: 730 pips
NVIDIA stock keeps climbing despite geopolitical risks
TA Other FA Other Technical analysis Fundamental analysis
Today at 09:48 AM 12
Emily_Foster
Brent buy
Period: 08.03.2026 Expectation: 800 pips
Investing in Brent crude with $90 target
FA Other Chart analysis
Today at 07:07 AM 14
McCarthy_Raymond
EURUSD sell
Period: 31.03.2026 Expectation: 2000 pips
Selling EURUSD down to 1.1400
TA Other FA Other
Today at 07:07 AM 12
Bruce_Powers
Go to forecasts