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Oil stabilises after big drop on IMF growth cut

April 20, 2022

Source: Energy World

Oil stabilises after big drop on IMF growth cut

The IMF lowered its outlook to 3.6 percent -- a .08 percent slash from its previous estimate released in January -- prompting a five-percent dive in oil price on Tuesday.

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Oil stabilises after big drop on IMF growth cut

Related News

Europe Gas Futures Drop as Ukraine Transit Worries Ease for Now

German energy prices are so high they’re driving companie...

Saudi Aramco looks to China and India to prop up oil markets

CNPC Lowers Forecast for China Oil Demand This Year

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Oil price dip ignores burgeoning Chinese demand and immin...

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New fuel policy in Brazil to ease prices at the pump, spa...

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Cougar Mechanical Thruster saves C$130k for drilling major

TechnipFMC lands major subsea contracts for Anadarko’s Mozambique project

Indian state requests removal of VAT waiver

China to invest $250 million in Venezuela

Eni begins production from Sankofa field

Trump’s tweet help pushing oil price down

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