IMF Warns High Oil Prices May Continue Well Into 2027
13 Articles
13 Articles
IMF warns high oil prices may continue well into 2027
Washington: High energy prices could persist into 2027 even if the war in the Gulf ends soon, the International Monetary Fund (IMF) warned Wednesday, October 7, saying oil remains around USD 100 a barrel while constraints on refining and natural gas supplies are adding to inflation and weighing on global growth. IMF Managing Director Kristalina … Get the latest updates in Hyderabad City News, Technology, Entertainment, Sports, Politics and Top S…
The International Monetary Fund (IMF) also sees no long-term relaxation in the energy markets. On the contrary: "Price pressure could increase further, as demand increases with the beginning of the cold season in the northern hemisphere and the countries replenish their reserves," warns director Kristalina Georgiewa.
The International Monetary Fund continues to expect high energy costs due to global conflicts and new technologies.
The International Monetary Fund continues to expect high energy costs due to global conflicts and new technologies.
The Director of the International Monetary Fund (IMF), Kristalina Georgieva, said this Wednesday that, even if the Gulf conflict ended soon, high energy prices would probably persist for some time. She exemplified that Brent oil values will remain high until at least 2027. In addition, she called on countries to strengthen the...
The IMF director referred to oil and natural gas.
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