Oil Prices
IMF Warns AI Investment Slump, Middle East Conflict and Rising Debt Threaten Global Economy
The International Monetary Fund (IMF) has warned that a sharp reversal in artificial intelligence investment, prolonged conflict in the Middle East and mounting...
Global Stocks Fall as AI Chip Sell-Off Drives Investors Towards Safer Assets
Global stock markets fell on Tuesday, October 13, as a sell-off in technology shares, particularly artificial intelligence (AI) chipmakers, unsettled investors and increased...
IMF Raises Global Growth Forecast as AI Investment Offsets War and Debt Risks
The International Monetary Fund (IMF) has raised its global economic growth forecast for 2026 to 3.1 per cent, as strong investment in artificial...
IMF Warns Global Economy May Soon Reach the Limits of Its Resilience
In its World Economic Outlook released on Tuesday, October 13, 2026, the IMF said the global economy had proved more resilient than expected...
IMF Raises UK Growth Forecast to 1.3% but Warns of Rising Inflation and Borrowing Costs
The revised projection, announced on Tuesday, October 13, is an improvement on the fund’s previous forecast of 1 per cent in July. Stronger-than-expected...
Freight Costs Leave Americas With Heavy Oil Glut as Europe and Asia Face Supply Shortages
Rising tanker costs and limited shipping capacity have left large quantities of heavy crude oil stranded in North and South America, even as...
Oil Prices Above $100 Weigh on US Stocks as Investors Await Bank Earnings
US stock markets traded unevenly on Monday, October 12, as rising oil prices and renewed geopolitical tensions weighed on investor confidence ahead of...
South African Rand Set to End Four Week Losing Streak as Gold Prices Rise
South Africa’s rand was on track to record its first weekly gain in five weeks on Friday, supported by rising gold prices, a...
