WASHINGTON – The World Bank said on Monday it expected global oil prices to average $90 a barrel in the fourth quarter and fall to an average of $81 in 2023 as slowing growth eases demand, but warned that …
(Bloomberg) – Saudi Arabia’s economic output is expected to contract this year as a series of oil-production cuts pose a risk to the kingdom which is heavily reliant on energy prices and crude production, according to the World …
The World Bank slashed its outlook for oil and metals prices on Thursday due to the economic fallout of the coronavirus pandemic and said the commodity market shock could hit developing countries hardest.
Crude oil prices are expected to …
The World Bank increased its forecast for crude oil prices next year to $55 per barrel from $53 as members of OPEC prepare to establish …
The World Bank released its economic growth outlook for 2016 Tuesday, reducing its expectations from earlier this year. The bank anticipates global economic …
The World Bank Group published one of its flagship annual reports this week: “Doing Business 2016: Measuring Regulatory Quality and Efficiency.” The report ranks and compares business regulation in …
Looking toward a receding global oil oversupply, the World Bank has raised its 2016 price target for oil to $41, up from $37.
In its latest Commodity Markets Outlook report, the organization cites the …
Nigeria, an OPEC member and Africa’s largest economy, is looking to international institutions in order to fund its record-setting 2016 budget. With approximately 35% of …
