The World Bank said in a report released this month that world oil prices will be lower for longer due to an imbalance between supply and demand until the end of the decade. “Taking into account the trajectory of futures oil…
Day: July 28, 2016
IMF says GDP and current account to be better than expected
Saudi Arabia’s GDP and current account will both perform better in 2016 than had been previously expected, figures contained in the IMF’s initial statement on its annual Article IV consultation with the kingdom suggest. The statement was published on the…