Commodity Markets Outlook, January 2016
The World Bank is lowering its 2016 forecast for crude oil prices to $37 per barrel in its latest Commodity Markets Outlook report from $51 per barrel in its October projections. The lower forecast reflects a number of supply and demand factors. These include sooner-than-anticipated resumption of exports by the Islamic Republic of Iran, greater resilience in U.S. production due to cost cuts and efficiency gains, a mild winter in the Northern Hemisphere, and weak growth prospects in major emerging market economies, according to the World Bank’s latest quarterly report.
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| Format: | Report biblioteca |
| Language: | en_US |
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World Bank, Washington, DC
2016-01-27
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| Subjects: | commodity prices, oil prices, forecasts, economic outlook, price forecasts, oil market, global demand, commodity consumption, commodity trade balances, |
| Online Access: | http://hdl.handle.net/10986/23680 |
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dig-okr-10986236802017-12-14T08:59:04Z Commodity Markets Outlook, January 2016 World Bank Group commodity prices oil prices forecasts economic outlook price forecasts oil market global demand commodity consumption commodity trade balances The World Bank is lowering its 2016 forecast for crude oil prices to $37 per barrel in its latest Commodity Markets Outlook report from $51 per barrel in its October projections. The lower forecast reflects a number of supply and demand factors. These include sooner-than-anticipated resumption of exports by the Islamic Republic of Iran, greater resilience in U.S. production due to cost cuts and efficiency gains, a mild winter in the Northern Hemisphere, and weak growth prospects in major emerging market economies, according to the World Bank’s latest quarterly report. 2016-01-27T16:48:58Z 2016-01-27T16:48:58Z 2016-01-27 Report http://hdl.handle.net/10986/23680 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper |
| institution |
Banco Mundial |
| collection |
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| country |
Estados Unidos |
| countrycode |
US |
| component |
Bibliográfico |
| access |
En linea |
| databasecode |
dig-okr |
| tag |
biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
en_US |
| topic |
commodity prices oil prices forecasts economic outlook price forecasts oil market global demand commodity consumption commodity trade balances commodity prices oil prices forecasts economic outlook price forecasts oil market global demand commodity consumption commodity trade balances |
| spellingShingle |
commodity prices oil prices forecasts economic outlook price forecasts oil market global demand commodity consumption commodity trade balances commodity prices oil prices forecasts economic outlook price forecasts oil market global demand commodity consumption commodity trade balances World Bank Group Commodity Markets Outlook, January 2016 |
| description |
The World Bank is lowering its 2016 forecast for crude oil prices to $37 per barrel in its latest Commodity Markets Outlook report from $51 per barrel in its October projections.
The lower forecast reflects a number of supply and demand factors. These include sooner-than-anticipated resumption of exports by the Islamic Republic of Iran, greater resilience in U.S. production due to cost cuts and efficiency gains, a mild winter in the Northern Hemisphere, and weak growth prospects in major emerging market economies, according to the World Bank’s latest quarterly report. |
| format |
Report |
| topic_facet |
commodity prices oil prices forecasts economic outlook price forecasts oil market global demand commodity consumption commodity trade balances |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
Commodity Markets Outlook, January 2016 |
| title_short |
Commodity Markets Outlook, January 2016 |
| title_full |
Commodity Markets Outlook, January 2016 |
| title_fullStr |
Commodity Markets Outlook, January 2016 |
| title_full_unstemmed |
Commodity Markets Outlook, January 2016 |
| title_sort |
commodity markets outlook, january 2016 |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016-01-27 |
| url |
http://hdl.handle.net/10986/23680 |
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AT worldbankgroup commoditymarketsoutlookjanuary2016 |
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1756574249400664064 |