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 74.9K to 69.2K
Yesterday at 8:30 PM
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has decreased from 549 to 548
Yesterday at 6:04 PM
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 413 to 414
Yesterday at 6:03 PM
United States. Cushing Crude Oil Inventories. The value of the indicator has increased from -0.457M to 0.308M
10 December
United States. Crude Oil Inventories. The value of the indicator has decreased from 0.574M to -1.812M
10 December
Top news
United States. Trade Balance. The value of the indicator has increased from $-59.3B to $-52.8B
11 December
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
11 December
United States. Fed Interest Rate Decision. The value of the indicator has decreased from 4% to 3.75%
10 December
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
10 December
Australia. RBA Interest Rate Decision. The value of the indicator remained at the same level of 3.6%
9 December
All news

Forecasts

AUDCAD sell
Period: 19.12.2025 Expectation: 550 pips
AUDCAD trapped in consolidation zone
FA Other TA Other Technical analysis Indicators Fundamental analysis
Yesterday at 10:09 AM 31
Lyra_Moonwell1
GBPUSD buy
Period: 19.12.2025 Expectation: 600 pips
GBPUSD sees 1.345 level as next target
Indicators Hot news Chart analysis
Yesterday at 09:07 AM 41
Tom_Kern
Brent buy
Period: 31.12.2025 Expectation: 75 pips
Accumulate Brent crude to cover price gaps
FA Other Chart analysis
Yesterday at 07:01 AM 41
Bruce_Powers
Brent buy
Period: 19.12.2025 Expectation: 140 pips
Brent crude gains as oil supply surplus beats record in 2026
FA Other Technical analysis Indicators and reports Indicators Fundamental analysis
Yesterday at 06:17 AM 19
Emily_Foster
ETHUSD buy
Period: 31.12.2025 Expectation: 26000 pips
Bright outlook for crypto market pushes ETHUSD higher
FA Other Chart analysis
Yesterday at 04:51 AM 46
Bruce_Powers
Gold buy
Period: 31.12.2025 Expectation: 800 pips
Buying gold from $4,230 support
FA Other Chart analysis
Yesterday at 04:51 AM 61
McCarthy_Raymond
Go to forecasts