Moscow — Oil prices may rise to $120 per barrel in the second half of 2022, a senior manager at Russian energy giant Rosneft said on Tuesday, according to a report by the TASS news agency.
Oil prices are currently above $80 per barrel, supported by the prospect of tight inventories across the globe, although gains were capped by forecasts for rising global production and concerns over fresh coronavirus cases in Europe.
- Reuters (Reporting by Polina Devitt and Vladimir Soldatkin)
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