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 decreased from 109.5K to 99.1K
9 October
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 598 to 603
9 October
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 456 to 462
9 October
United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from 0.553M to 0.444M
7 October
United States. Crude Oil Inventories. The value of the indicator has decreased from 0.922M to -3.186M
7 October
Top news
United States. CPI (YoY). The value of the indicator has increased from 3.4% to 3.7%
Today at 12:30 PM
United States. Trade Balance. The value of the indicator has decreased from $-92.8B to $-105.6B
6 October
European Union. Retail Sales (MoM). The value of the indicator has increased from -0.6% to 0.1%
6 October
United States. Nonfarm Payrolls. The value of the indicator has decreased from 133K to 29K
2 October
United States. Unemployment Rate. The value of the indicator has increased from 4.1% to 4.2%
2 October
All news

Forecasts

NVIDIA Corporation buy
Period: 28.10.2026 Expectation: 1500 pips
Invest in NVIDIA stock with $243 in view
Indicators and reports FA Other Chart analysis Hot news
Today at 10:06 AM 13
Sinclair_John
EURUSD sell
Period: 22.10.2026 Expectation: 900 pips
EURUSD sell-off comes into play as US inflation runs hot
TA Other FA Other
Today at 09:01 AM 14
McCarthy_Raymond
USDCAD buy
Period: 14.11.2026 Expectation: 3000 pips
Buying USDCAD amid Canada’s weak economic performance
Indicators and reports FA Other Chart analysis Hot news
Today at 06:38 AM 17
Reed_Marcus
BTCUSD sell
Period: 13.11.2026 Expectation: 3100 pips
Go short on Bitcoin down to $80,500
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 08:55 AM 21
Reed_Marcus
Gold buy
Period: 30.11.2026 Expectation: 10000 pips
Invest in gold from $4,150 per ounce
TA Other FA Other
Yesterday at 07:51 AM 22
McCarthy_Raymond
AUDUSD buy
Period: 13.11.2026 Expectation: 1400 pips
Buy AUDUSD with 0.71000 in sight
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 07:19 AM 36
Sinclair_John
Go to forecasts