Displaying items by tag: 2025

The International Monetary Fund (IMF) in its latest economic projections report 2024 places Latin America and the Caribbean with a growth of 1.9% in 2024, and an increase of up to 2.5% in 2025, which implies a reduction for 2024 of 0.6 percentage points with respect to the report's projection in 2023.

Average annual crude oil prices in 2024 and 2025 will remain near their 2023 average, according to the U.S. Energy Information Agency (EIA). Global supply and demand for petroleum liquids are expected to be relatively balanced over the next two years.