United States
Easing underlying inflation in the U.S. renewed hopes of a less restrictive Fed policy this year
Crude oil WTI futures expiring in March rose 0.4 percent to $79.01 a barrel
Consensus U.S. GDP growth forecasts for 2025 are at +2.1 percent, a rosy forecast given the risks
Crude oil WTI futures expiring in March inched up 0.1 percent to $76.45 a barrel
Data on Tuesday showed that U.S. producer prices increased moderately in December
Since October 2022, the organization has cut crude oil production by 5.8 million barrels per day
IMF and OECD estimate that global growth could hit 3.2 to 3.3 percent this year
The company aims to expand into Dubai and Kuwait, targeting growth in MENA, Europe, and North America
The U.S. dollar index fell 0.32 percent to 109.60, remaining near its two-year peak
Crude oil WTI futures for March also fell by 0.3 percent, reaching $77.12 per barrel
Georgieva noted that the U.S. economy is performing "quite a bit better" than anticipated
