DUBAI, June 20 (Reuters) - Iraq expects oil prices to reach $80 per barrel, the country’s state news agency reported on Sunday, citing an oil ministry spokesman.
The spokesperson, Asim Jihad, did not give a timeframe for the increase he predicted.
Crude prices have been on the rise over the past weeks, settling over $70/barrel on Friday, amid expectations of limited growth in U.S. oil output this year.
Iraq expects oil prices to reach $80/bbl - state news agency
4 years ago
