- Iranian Official sees oil price rising to about $100/bbl in H2 2023
Market news
8 February 2023
Iranian Official sees oil price rising to about $100/bbl in H2 2023
An Iranian official offered an encouraging outlook on oil prices in his statement on Wednesday.
Key quotes
“I see oil prices going up next year.”
“I see oil prices going up next year to about $100/bbl in the second half of 2023.”
“OPEC+ are likely to continue the current policy in the next meeting.”
Market reaction
WTI was last seen changing hands at $77.65, 0.28% higher on the day. The above comments seem to provide a fresh boost to black gold.
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