Tue, 21-Oct-2025

Oil prices dive after IMF cuts global growth forecast

Oil

Oil prices jumped by greater than 5 percent Tuesday as traders were involved in a drop in call after the International Monetary Fund reduced its international growth forecast. Around 1530 GMT the price of Brent crude, the primary global oil settlement, was down 5.4 percent to $107.Eleven in step with the barrel, even as the … Read more