An Iranian official offered an encouraging outlook on oil prices in his statement on Wednesday.
“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.”
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.