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Global economy

Oil edges up after Trump backs off tariff threat on Greenland

Oil edges up after Trump backs off tariff threat on Greenland

Brent crude was up 9 cents, or 0.14 per cent, at $65.33 a barrel by 0320 GMT. West Texas Intermediate for March rose 13 cents, to $60.75 a barrel

22 January, 2026

IMF cuts Saudi 2025 growth forecast, flags slower oil rebound

IMF cuts Saudi 2025 growth forecast, flags slower oil rebound

Saudi Arabia, the world’s top oil exporter and a G20 economy, had previously been expected to see a sharp growth rebound in 2025 on the back of higher crude output

23 April, 2025

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