Oil prices will be supported by OPEC+ output cuts and sanctions on Russia for the rest of the year and into early 2023, a Reuters poll showed on Monday, but a recession could limit further gains.

Oil poised for limited gains as economic risks loom - Reuters poll-oil and gas 360

Source: Reuters

A survey of 42 economists and analysts forecast Brent crude as the benchmark LCOc1 would average $101.10 a barrel this year and $95.74 a barrel in 2023, versus September estimates of $100.45 and $93.70, respectively.

US Crude Oil CLc1 Forecast slightly raised…