“We see that the price of oil is gradually rising.
And at the end of last year, and now.
Therefore, there is such a natural process here, ”the expert said.
In his opinion, the monthly increase in the quota by OPEC + member states is the main reason for the increase in oil prices.
He noted that many countries did not even invest in maintaining current production, not to mention new projects.
“Some countries are unable to increase production, but demand continues to grow.
And it turns out that a certain shortage of oil is already forming on the world market,” Yushkov explained.
According to him, at present the world oil market is growing, but there is not enough supply.
Based on this, the process of increasing the cost of oil continues.
Earlier it was reported that the cost of March futures for Brent oil exceeded $86 per barrel.