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IMF Warns High Oil Prices May Persist Into 2027

Summary by bhaskarlive.in
Digital Desk | Washington, Oct 7 (IANS) High energy prices could persist into 2027 even if the war in the Gulf ends soon, the International Monetary Fund (IMF) warned Wednesday, saying oil remains around $100 a barrel while constraints on refining and natural gas supplies are adding to inflation and weighing on global growth. IMF Managing Director Kristalina Georgieva said the energy shock had so far been contained by greater efficiency, diver…

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The International Monetary Fund (IMF) also sees no long-term relaxation in the energy markets. On the contrary: "Price pressure could increase further, as demand increases with the beginning of the cold season in the northern hemisphere and the countries replenish their reserves," warns director Kristalina Georgiewa.

·Vienna, Austria
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The International Monetary Fund continues to expect high energy costs due to global conflicts and new technologies.

·Essen, Germany
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Center

The International Monetary Fund continues to expect high energy costs due to global conflicts and new technologies.

·Essen, Germany
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IMF President Kristalina Georgieva said energy prices could remain high throughout 2027 due to oil staying around $100 and risks in LNG shipments. High debt and artificial intelligence investments are also increasing global risk. 🚆

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dunya.com broke the news on Wednesday, October 7, 2026.
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