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NEW YORK: Traders work on the floor of the New York Stock Exchange. Global stock markets rallied yesterday on fading fears over dangers arising from the new Omicron COVID variant. -- AFPn

World stocks fizz as Omicron fears fizzle
NEW YORK: A trader works on the floor of the New York Stock Exchange (NYSE) at the start of trading in New York. -AFPnnn

Global markets rebound after Omicron turmoil
The IEA's five-year projections estimates global demand for oil will rise each year to reach 104 million barrels a day (mb/d) by 2026, a gain of four percent from the level in 2019.n

Oil demand to reach record by 2026: IEA
In this file photo a view of the World Bank Group (WBG) building (left) and the International Monetary Fund (IMF) building (right) in Washington DC is seen.-AFPn

Global financial markets may be overconfident: IMF
Meric Greenbaum, Designated Market Maker IMC financial looks up at the board before the opening bell right before trading halted on the New York Stock Exchange on March 9, 2020 in New York. - Trading on Wall Street was temporarily halted early March 9, 2020 as US stocks joined a global rout on crashing oil prices and mounting worries over the coronavirus.The suspension was triggered after the S&P 500's losses hit seven percent. Near 1340 GMT, the broad-based index was down more than 200 points at 2,764.21. (Photo by TIMOTHY A. CLARY / AFP)

Markets slump as recession fears mount
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