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 3.719M to 6.1M
1 hour ago
United States. API Weekly Crude Oil Stock. The value of the indicator has decreased from 10.263M to 3.719M
8 April
United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from 0.52M to 0.024M
8 April
United States. Crude Oil Inventories. The value of the indicator has decreased from 5.451M to 3.081M
8 April
United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 233.6K to 213.5K
3 April
Top news
United States. PCE price index (YoY). The value of the indicator remained at the same level of 2.8%
9 April
United States. Core PCE Price Index (YoY). The value of the indicator has decreased from 3.1% to 3%
9 April
United States. GDP (QoQ). The value of the indicator has decreased from 0.7% to 0.5%
9 April
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0% to -0.2%
8 April
United States. Nonfarm Payrolls. The value of the indicator has increased from -133K to 178K
3 April
All news

Forecasts

BTCUSD buy
Period: 28.04.2026 Expectation: 7500 pips
Investing in Bitcoin up to $82,000
Indicators and reports FA Other Chart analysis Hot news
Today at 11:40 AM 27
Reed_Marcus
AUDUSD sell
Period: 28.04.2026 Expectation: 1800 pips
Selling AUDUSD with 0.69000 in view
Indicators and reports FA Other Indicators Hot news
Today at 10:32 AM 32
Sinclair_John
Brent buy
Period: 21.04.2026 Expectation: 560 pips
Buying Brent crude with $105.60 in sight amid ongoing supply crunch
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 09:51 AM 30
Lyra_Moonwell1
USDCAD sell
Period: 30.04.2026 Expectation: 600 pips
Selling USDCAD with 1.3755 in sight
TA Other FA Other
Today at 07:25 AM 12
McCarthy_Raymond
Tesla Inc sell
Period: 21.04.2026 Expectation: 1700 pips
Tesla stock sell-off targets $343 as key resistance looms
Technical analysis FA Other Indicators Hot news Fundamental analysis
Today at 06:47 AM 19
Emily_Foster
Silver sell
Period: 27.04.2026 Expectation: 4800 pips
Silver sell-off with $70.0 target
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 11:21 AM 42
Sinclair_John
Go to forecasts