USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

202

Oil Prices Constitute A Menace To Global Economy

IMF stressed that continued volatility in world oil prices could hamper..

Oil Prices Constitute A Menace To Global Economy

The International Monetary Fund said that rising global oil prices constitute a menace to global economic growth.

IMF stressed that continued volatility in world oil prices could hamper economic growth.

Launching the IMF's latest World Economic Outlook, its chief economist said that the strength of demand for oil from China and India had caught the international community by surprise.

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