Gazprom Neft chief sees average oil price in 2024 in $80-100/bbl corridor

KRONSHTADT. April 5 (Interfax) - The average oil price in 2024 may be in the range from $80 to $100 per barrel, Gazprom Neft chief Alexander Dyukov told reporters.

"In the range from $80 to $100 per barrel - this is likely to be the price this year. But, again, it will depend on a large number of factors. At the moment, the market is balanced, we do not see a shortage of oil," Dyukov said.

He called current oil price fair, noting some impact from the situation in the Middle East.