Novak: Global oil prices in 2023 to be about $100 or slightly less

Global oil prices will be about $100 per barrel or slightly less in 2023, Russian Deputy Prime Minister Alexander Novak said at the Russian Energy Week forum, Report informs citing TASS.

“As for the price, I can honestly say that for the first time I am in a situation where it is difficult to predict any prices. Today we are in such a period of uncertainty. We are trying to balance supply and demand within OPEC+, and this, in my opinion, is the tool that can somehow reduce volatility. In the current situation, probably next year we will see, if we still predict, at the level of what we are seeing today,” he said.

This morning the prices for December futures for Brent crude rose by 0.09%.