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Top 10 economic predictions for 2019

IHS Markit Chief Economist Nariman Behravesh anticipates global growth will edge down from 3.2% in 2018 to 3.0% in 2019 and continue to decelerate over the next few years. While US economic growth should remain above trend, the global economy will likely experience tighter financial conditions, a strong dollar and continued commodity volatility.

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Managing oil markets in the time of shale

Speaking to Bloomberg TV at the OPEC meetings in Vienna, IHS Markit Vice President Roger Diwan explains that OPEC must remove 1.3 million barrels from the market to put a solid floor under prices. Mr. Diwan discusses the complexity of managing oil markets now that the United States has become a net oil exporter for the first time in 75 years.

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The evolution of OPEC

In an interview with Bloomberg TV, IHS Markit Vice Chairman Daniel Yergin says OPEC has experienced a notable change in the new Vienna alliance between Russia and Saudi Arabia – a relationship that has been developing since 2016 in response to the arrival of the United States as the third major player in the oil market.

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Global economic growth concerns weigh on oil markets

Speaking to CNBC, Daniel Yergin, IHS Markit vice chairman, noted that while oil demand has not yet weakened, markets could suffer from worsening trade tensions as well as fears of a global economic slowdown going into 2019.

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Mobile Devices Technology News

As Apple unveiled its latest iPhone, the XS Max, IHS Markit technology analyst Wayne Lam spoke with CNN about Apple’s growing “appetite for more expensive” devices.