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. OPEC Crude oil Production UAE (Barrel). The value of the indicator has increased from 2M to 2.1M
Today at 3:17 PM
United States. OPEC Crude oil Production Saudi Arabia (Barrel). The value of the indicator has decreased from 7.65M to 6.5M
Today at 3:17 PM
United States. Crude Oil Inventories. The value of the indicator has increased from -7.974M to -7.227M
Today at 2:30 PM
United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from -0.583M to -0.801M
Today at 2:30 PM
United States. API Weekly Crude Oil Stock. The value of the indicator has decreased from -6.75M to -9.119M
Yesterday at 9:00 PM
Top news
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
Today at 1:45 PM
United States. CPI (YoY). The value of the indicator has increased from 3.8% to 4.2%
Today at 12:30 PM
United States. Trade Balance. The value of the indicator has increased from $-56.6B to $-55.9B
Yesterday at 12:30 PM
United States. Nonfarm Payrolls. The value of the indicator has decreased from 179K to 172K
5 June
United States. Unemployment Rate. The value of the indicator remained at the same level of 4.3%
5 June
All news

Forecasts

NVIDIA Corporation buy
Period: 24.06.2026 Expectation: 2300 pips
Buying NVIDIA stock with $230 in view
Indicators and reports FA Other Chart analysis Hot news
Today at 11:25 AM 18
Sinclair_John
Natural gas buy
Period: 17.06.2026 Expectation: 175 pips
Natural gas catches its breath before next leg higher
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 11:24 AM 18
Lyra_Moonwell1
USDCAD buy
Period: 10.07.2026 Expectation: 2000 pips
Buy USDCAD ahead of BoC's interest rate decision
Indicators and reports FA Other Chart analysis Hot news
Today at 07:14 AM 20
Reed_Marcus
EURUSD sell
Period: 17.06.2026 Expectation: 650 pips
EURUSD loses ground after another wave of Middle East escalation
Technical analysis Indicators and reports TA Other Hot news Fundamental analysis
Today at 07:13 AM 20
Emily_Foster
Brent buy
Period: 30.06.2026 Expectation: 1500 pips
Invest in Brent crude up to $107
TA Other FA Other
Today at 04:21 AM 15
McCarthy_Raymond
BTCUSD sell
Period: 09.07.2026 Expectation: 4350 pips
Bitcoin sell-off targets $59,000
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 11:20 AM 54
Reed_Marcus
Go to forecasts