IMF downgrades global growth

IMF downgrades global growth

(VOVWORLD) - The International Monetary Fund (IMF) on Monday cut its growth estimates for the global economy on slowdown concerns
Growth in global oil demand will slow by 2025

Growth in global oil demand will slow by 2025

(VOVWORLD) - Growth in global oil demand is expected to slow by 2025 as fuel efficiency improves and the use of electric vehicles increases, the International Energy Agency (IEA) said on...
OPEC cuts 2020 oil demand forecast

OPEC cuts 2020 oil demand forecast

(VOVWORLD) - OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 because of an economic slowdown. OPEC said efforts will be necessary to prevent a new...
UK manufacturing sector worst in six years

UK manufacturing sector worst in six years

(VOVWORLD) - Britain's economy has lost momentum and has declined in the second quarter of 2019, according to data that showed the twin impact of Brexit and the slowdown of...