Brent oil will likely trade in the range of $86-89, according to a forecast by BitRiver. The forecast is based on the current price of Brent crude oil, which is around $60 a barrel.

The prediction was made in a conversation with BitRiver's editor-in-chief, Andrei Loboda. He said that in 2023, Brent oil will become the main transit cargo through the Northern Sea Route. He also said that demand from China and India would offset the influence of the U.S. and Brazil.