This year, Indian Oil anticipates that crude oil prices will stay over $100 per barrel.

Indian Oil finance official predicts oil prices will remain above $100 per barrel for the remainder of 2022 . Sandeep Kumar Gupta predicts that the Russia-Ukraine conflicts economic costs will significantly slow down global growth in 2022 .

In NEW DELHI: In light of the Ukraine conflict, an Indian Oil finance official predicted on Friday that oil prices will remain above $100 per barrel for the remainder of 2022.At a business conference, Sandeep Kumar Gupta, director of finance at Indian Oil, added that he anticipates that the Russia-Ukraine conflict's economic costs will significantly slow down global growth in 2022.