Thursday, April 16, 2026
IMF ups Saudi Arabia’s 2025 GDP growth forecast to 4% as oil output rises- oil and gas 360

IMF ups Saudi Arabia’s 2025 GDP growth forecast to 4% as oil output rises

(BOE Report)– The International Monetary Fund upgraded its 2025 economic growth forecast for Saudi Arabia on Tuesday due to a faster-than-expected unwinding of oil production cuts in the world’s top crude exporter. In its latest World Economic Outlook, the IMF lifted its forecast for Saudi Arabia’s GDP growth in 2025 to 4%, from 3% it projected in April. Growth in

The energy transition needs a reality check, S&P Global says- oil and gas 360

The energy transition needs a reality check, S&P Global says

(World Oil) –  The energy transition will be more difficult, costly, and complicated than expected, according to a new article by Daniel Yergin, Vice Chairman, S&P Global; Peter Orszag, CEO and Chairman, Lazard; and Atul Arya, Chief Energy Strategist, S&P Global. Writing in the March-April edition of Foreign Affairs, they say that it is time to rethink priorities, polices and