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. API Weekly Crude Oil Stock. The value of the indicator has increased from -0.3M to 7.14M
Yesterday at 8:56 PM
United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 129.9K to 136.6K
11 September
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 588 to 591
11 September
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 449 to 450
11 September
United States. OPEC Crude oil Production Saudi Arabia (Barrel). The value of the indicator has increased from 6.9M to 7M
10 September
Top news
European Union. Trade Balance. The value of the indicator has increased from 7.2B to 14.2B
Yesterday at 9:00 AM
United States. CPI (YoY). The value of the indicator remained at the same level of 3.4%
11 September
European Union. Deposit Facility Rate. The value of the indicator has increased from 2.25% to 2.5%
10 September
European Union. ECB Interest Rate Decision. The value of the indicator has increased from 2.4% to 2.65%
10 September
European Union. GDP (QoQ). The value of the indicator has increased from 0.4% to 0.6%
7 September
All news

Forecasts

Gold sell
Period: 31.10.2026 Expectation: 18000 pips
Go short on gold upon breaking $4,300
FA Other TA Other
Yesterday at 04:16 AM 26
McCarthy_Raymond
EURUSD sell
Period: 30.09.2026 Expectation: 600 pips
Selling EURUSD on fears of stronger US inflation
FA Other TA Other
Yesterday at 04:16 AM 20
Bruce_Powers
AUDUSD sell
Period: 11.10.2026 Expectation: 3200 pips
Going short on AUDUSD ahead of US Fed meeting
Indicators and reports FA Other Hot news Chart analysis
11 September 2026 57
Reed_Marcus
S&P 500 sell
Period: 30.09.2026 Expectation: 2000 pips
SPX sell-off targets $7,400
FA Other TA Other
11 September 2026 44
Bruce_Powers
Tesla Inc buy
Period: 25.09.2026 Expectation: 2800 pips
Buying Tesla stock with $390 in view
Indicators and reports FA Other Indicators Hot news
11 September 2026 67
Sinclair_John
AUDCAD buy
Period: 10.10.2026 Expectation: 2500 pips
Buy AUDCAD upon breaking 1.00000
Indicators and reports FA Other Indicators Hot news
10 September 2026 54
Sinclair_John
Go to forecasts