Estimates of the World Economic Outlook Report for Fall of 2009 issued by the IMF indicates that the world economy will shrink by 1.1 percent in 2009, while it is expected to grow by 3.1 percent in 2010. The growth rate in the USA is expected to be -2.7 percent in 2009 and 1.5 percent in 2010. Estimate indicates that the price of oil (average prices of Brent, Dubai and Texas Crude) will stand at $61.53 a barrel in 2009 and about $76.50 a barrel in 2010

(The report link: http://www.imf.org/external/pubs/ft/weo/2009/02/ ).