IMF says expensive energy is here to stay
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The International Monetary Fund yesterday issued a warning that record oil prices will stunt the growth of the global economy next year and oil prices are likely to remain high for 10 years or more.
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The International Energy Agency kept its 2008 forecast for oil demand unchanged on Wednesday despite growing expectations of a recession in the United States.
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The world economy is headed for its strongest expansion for three decades but simmering inflation, sky-high oil prices and rising interest rates pose growing dangers, the IMF said.
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As record high prices raise concerns about future supplies of oil, the International Energy Agency, in a new report, stressed the need for oil-producing countries and international
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Business & money: Decisions needed now to ensure energy for 20 years, says minister.
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International Oil Daily, 27 October 2004 - With oil prices at record highs, governments must accelerate technological innovations &quot;that radically alter how we produce and use energy&quot; to create a sustainable energy system, the International Energy Agency
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How the world adapts to slowing US growth is a key issue for the global economy, the IMF says.
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The global economy faces a period of uncertainty, with risks to continued growth much higher than they were six months ago, the head of the International Monetary Fund said Monday.
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The head of the International Monetary Fund Thursday lauded Russia&#39;s efforts to save income from oil revenues. Concluding his visit to Moscow, the IMF&#39;s Director General Rodrigo de Rato said that the agency
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The International Energy Agency has said fossil fuels will retain their overwhelming domination of the world&#39;s energy market until 2030 unless governments urgently switch to clean sources.
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This energy powerhouse looks cheap, despite recent setbacks.
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The International Monetary Fund (IMF) yesterday cut its 2005 outlook and warned that the high price of oil threatened to curb global economic growth, which it said would be the strongest this year for almost 30 years.
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Tight oil supplies could leave the  global economy worryingly vulnerable for years to come, a  senior International Monetary Fund official said on Thursday.
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The locations of the world's big energy reserves could bite us in the years to come.
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PARIS : The heat has gone out of the underlying forces in the oil market and only short-term factors are keeping the oil price at about 40 dollars per barrel, the International Energy Agency (IEA) concluded.
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Uncertainty in global markets over the size of losses caused by the current financial turmoil will likely keep investors unsettled in the near term, the International Monetary Fund warned on Monday.
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Global economic growth is likely to be dampened by the turbulence on world markets, the IMF says.