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 141.3K to 172.7K
Yesterday at 8:30 PM
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has decreased from 551 to 550
Yesterday at 6:08 PM
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has decreased from 409 to 407
Yesterday at 6:08 PM
United States. Cushing Crude Oil Inventories. The value of the indicator has increased from -1.095M to 0.881M
25 February
United States. Crude Oil Inventories. The value of the indicator has increased from -9.014M to 15.989M
25 February
Top news
European Union. CPI (MoM). The value of the indicator has decreased from -0.5% to -0.6%
25 February
United States. PCE price index (YoY). The value of the indicator has increased from 2.8% to 2.9%
20 February
United States. GDP (QoQ). The value of the indicator has decreased from 4.4% to 1.4%
20 February
United States. Core PCE Price Index (YoY). The value of the indicator has increased from 2.8% to 3%
20 February
European Union. Manufacturing PMI. The value of the indicator has increased from 49.5 to 50.8
20 February
All news

Forecasts

USDCAD buy
Period: 31.03.2026 Expectation: 2100 pips
Investing in USDCAD with 1.38800 in sight
FA Other Indicators and reports Hot news
27 February 2026 46
Reed_Marcus
Gold buy
Period: 06.03.2026 Expectation: 1200 pips
Accumulate gold up to $5,200 per ounce
TA Other FA Other
27 February 2026 77
McCarthy_Raymond
Brent sell
Period: 31.03.2026 Expectation: 150 pips
Selling Brent crude from $72.0
Wave analysis FA Other
27 February 2026 57
Bruce_Powers
USDJPY buy
Period: 31.08.2026 Expectation: 8000 pips
Buying USDJPY on stubborn US inflation
FA Other Chart analysis
27 February 2026 39
McCarthy_Raymond
NVIDIA Corporation buy
Period: 31.08.2026 Expectation: 700 pips
Building medium-term buy position in NVIDIA
FA Other Chart analysis
27 February 2026 26
Bruce_Powers
BTCUSD buy
Period: 09.03.2026 Expectation: 13000 pips
Investing in BTCUSD with $81,500 in view
TA Other Indicators Chart analysis
26 February 2026 60
Reed_Marcus
Go to forecasts