US EditionBrent crude oil price may fall to $64 a barrel —World Bank
- The World Bank forecast that Brent crude oil prices will average $64 per barrel in 2025 amid a global fall in commodity prices.
- This projection follows a trend of declining commodity prices since 2023 due to faltering economic growth and abundant oil supply.
- The Bank's Commodity Markets Outlook reports that energy prices will drop 17% in 2025, coal prices will fall 27%, and food prices will decline 7%.
- Indermit Gill noted that rising commodity prices have benefited a large number of developing countries, approximately two-thirds of which depend on commodity exports.
- The expected price declines could ease near-term inflation but pose challenges for commodity-dependent developing countries and do little to reduce food insecurity.
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13 Articles
Falling Commodity Prices Could Mute Inflation Risks from Trade Tensions—Says World Bank
WASHINGTON: Faltering economic growth is coinciding with ample oil supply in ways that are expected to drop global commodity prices to their lowest level of the 2020s, according to the World Bank’s latest Commodity Markets Outlook. The decline could moderate near-term inflation risks emerging from rising trade barriers, but it could also hamper prospects for economic progress in two out of every three developing economies. Global commodity pri…
Falling commodity prices could mute inflation risks from trade tensions - Caribbean News Global
Global commodity prices expected to drop to six-year low by 2026 WASHINGTON, USA – Faltering economic growth is coinciding with ample oil supply in ways that are expected to drop global commodity prices to their lowest level of the 2020s, according to the World Bank’s latest Commodity Markets Outlook. The decline could moderate near-term inflation risks emerging from rising trade barriers, but it could also hamper prospects for economic progress…
Falling Commodity Prices Could Mute Inflation Risks from Trade Tensions – Cameroon Intelligence Report
Faltering economic growth is coinciding with ample oil supply in ways that are expected to drop global commodity prices to their lowest level of the 2020s, according to the World Bank’s latest Commodity Markets Outlook. The decline could moderate near-term inflation risks emerging from rising trade barriers, but it could also hamper prospects for economic progress in two out of every three developing economies. Global commodity prices are expect…
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