1 Day
Source:
اقتصاد سكاي نيوز عربية
IMF: Oil near April forecast
The International Monetary Fund (IMF) stated that oil prices remain approximately 3% higher than the levels used in its April global growth forecasts, amid ongoing market fluctuations and a decline in global reserves. Brent crude prices have fallen to around $94.79 per barrel for futures contracts, while the IMF’s outlook is based on an average price of $82.22 per barrel, with expectations of a quick resolution to the Middle East conflict and prices dropping to $76 in 2027. The fund noted that price stability largely depends on the duration of the war and the reopening of the Strait of Hormuz.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)