As Shanghai prepares to reopen factories amid a strict COVID-19 lockdown that had driven oil prices lower last week, the IMF has cut its global economic growth forecasts tempering oil prices. Brent crude was trading $107, down over 5% on Tuesday after the IMF cut its global economic growth forecast by almost 1%, citing Russia’s war on Ukraine and the primary uncertainty. The IMF has also sounded warning bells over China’s economy, slashing China’s GDP growth estimate for 2022 to 4.4%, down from its 4.8% estimate in…
Hence then, the article about oil dips as imf slashes economic growth forecasts was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Oil Dips As IMF Slashes Economic Growth Forecasts )