• Global Gas Analytics
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Americas Economic overview

October 2018

A ratcheting up of the trade war between the United States and China will remain a risk for the US oil and gas sector.

In October, the International Monetary Fund (IMF) trimmed its global GDP growth forecasts for 2018 and 2019, citing the intensification of the trade war. The IMF expects the world’s economy to expand by 3.7% on an annual basis this year and next, down from its previous growth forecast of 3.9% for both years. The agency has also slashed its 2019 economic growth...