Tag: Ayhan Kose

• Wednesday, January 27th 2016 - 07:04 UTC

  Oil forecasted to stabilize at US$ 37 a barrel this year, says World Bank

  

  The World Bank is lowering its 2016 forecast for crude oil prices to $37 per barrel in its latest Commodity Markets Outlook report from $51 per barrel in its October projections.

• Wednesday, January 14th 2015 - 09:31 UTC

  World Bank cuts 2015 global growth forecast; however lower oil prices will delay rate hikes

  

  The World Bank on Tuesday cut its global growth forecast for 2015 and lowered the estimate for 2014, as several headwinds mitigate the effects of an improving U. S. economy and plunging oil prices.