deDespite a controversial production cut, it remains to be seen whether the fall in oil prices over the past few months will prove temporary or if prices will return to previous 2022 levels.

Prices for the Brent benchmark are expected to return above $100/bbl by Christmas, the Norwegian consultancy said Rystad energywhile others predict fears of a recession accompanied by a drop in demand and increased supply could keep prices in check.

The benchmark price of West Texas Intermediate (WTI)…