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. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 135.9K to 141.1K
25 September
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 595 to 599
25 September
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 452 to 455
25 September
United States. Cushing Crude Oil Inventories. The value of the indicator has increased from -0.342M to 2.266M
23 September
United States. Crude Oil Inventories. The value of the indicator has increased from -0.64M to 2.969M
23 September
Top news
Australia. RBA Interest Rate Decision. The value of the indicator has increased from 4.35% to 4.6%
Today at 4:30 AM
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
24 September
European Union. Manufacturing PMI. The value of the indicator remained at the same level of 52.7
23 September
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
22 September
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 1% to 1.25%
18 September
All news

Forecasts

BTCUSD sell
Period: 29.10.2026 Expectation: 3100 pips
BTCUSD sell-off targets $80,000
Indicators and reports FA Other Indicators Hot news
Today at 10:12 AM 11
Reed_Marcus
EURUSD sell
Period: 31.10.2026 Expectation: 600 pips
Selling EURUSD on Fed’s harsh rhetoric
TA Other FA Other
Today at 09:58 AM 10
Bruce_Powers
Silver buy
Period: 31.12.2026 Expectation: 10000 pips
Buy silver from support levels
TA Other FA Other
Today at 09:58 AM 10
Bruce_Powers
AUDUSD sell
Period: 29.10.2026 Expectation: 1500 pips
Go short on AUDUSD ahead of RBA meeting
Indicators and reports FA Other Indicators Hot news
Today at 08:17 AM 11
Sinclair_John
Silver sell
Period: 28.10.2026 Expectation: 600 pips
Silver sell-off targets $55.50
Indicators and reports FA Other Indicators Hot news
Yesterday at 09:32 AM 24
Sinclair_John
S&P 500 buy
Period: 12.10.2026 Expectation: 100 pips
Invest in SPX up to $7,815
Indicators and reports FA Other Indicators Hot news
Yesterday at 08:45 AM 24
Reed_Marcus
Go to forecasts