Oil could reach $100/bbl in first half of 2022, says Iraqi minister

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Oil could reach $100/bbl in first half of 2022, says Iraqi ministerCrude oil prices could reach $100 per barrel in the first or second quarter of next year as global inventories are at their lowest level

Reuters

Last Updated 20 October 2021, 14:37 IST

Representative image. Credit: Reuters File Photo

Crude oil prices could reach $100 per barrel in the first or second quarter of next year as global inventories are at their lowest level, Iraqi Oil Minister Ihsan Abdul Jabbar said on Wednesday.

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(Published 20 October 2021, 14:32 IST)