IMF revises oil price forecast

Energy
  • 14 April, 2020
  • 13:49
IMF revises oil price forecast

The International Monetary Fund (IMF) has downgraded its forecast on oil price for 2020 and 2021.

Report informs, citing the World Economic Outlook (WEO), that according to April edition of the outlook, the forecast for the current year dropped $22.42 to $35.61, and the forecast for 2021 fell from $20.16 to $37.87.