OPEC lowers global oil demand forecast

OPEC lowers global oil demand forecast

(VOVWORLD) - OPEC announced Wednesday in its monthly oil market report that the global oil demand growth outlook for 2020 has been cut to 0.99 million barrels per day, down...
IMF lowers its forecast of global growth

IMF lowers its forecast of global growth

(VOVWORLD) - The International Monetary Fund (IMF) on Tuesday released its World Economic Outlook report for 2019, which lowers the forecast of global economic growth to 3% for 2019 and 3.4 ...
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...
WB cuts forecast for global growth in 2019

WB cuts forecast for global growth in 2019

(VOVWORLD) - Global growth will lose momentum this year due to trade tensions, financial market instability, and currency challenges in emerging markets, the World Bank said in a report published on...
Vietnam’s e-commerce forecast to boom

Vietnam’s e-commerce forecast to boom

(VOVWORLD) - Vietnam’s e-commerce market is predicted to boom in the near future, given that more than 50 percent of the population uses the internet and smartphones