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Important
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IMF Downgrades Global Growth Forecast Amid U.S. Tariff Measures Impact
On April 22, local time, the International Monetary Fund released the latest World Economic Outlook report, lowering its global economic growth forecast for 2025 from 3.3% at the beginning of the year to 2.8%. The projection for 2026 is expected to be 3%. The impact of U.S. tariff measures and policy uncertainties will lead to a significant slowdown in the global economy in the short term.
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OPEC Downgrades Global Oil Demand Forecast for This Year and Next
OPEC(OPEC) has consecutively************************************ (OPEC) has consecutively************************************ It has continuously****ed the global crude oil demand growth expectations for this year and next year. (OPEC) has consecutively reduced its global crude oil demand growth forecasts for this year and next year., refers to the U.S. President Trump'sReciprocal tariffs are significantly suppressing consumption.According to a report from OPEC's Vienna Secretariat, the organization has cut its daily demand growth forecast for 2025 and 2026 by approximately 100,000 barrels each, with global demand expected to increase by 1.3 million barrels per day (about 1%) in each of those years.
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