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...

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Main Author:	World Bank Group
Format:	Report
Language:	en_US
Published:	World Bank, Washington, DC 2016
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

id	okr-10986-23680
recordtype	oai_dc
spelling	okr-10986-236802017-12-14T08:59:04Z 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
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	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 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
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
url	http://hdl.handle.net/10986/23680
_version_	1764454534718947328

Commodity Markets Outlook, January 2016

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