The analyst noted that a combination of several factors affects the increase in oil prices.

“Firstly, in the Omicron world... If many countries go into lockdown, then, of course, the price of oil will decrease, and we will see a price drop,” the expert said.

The second reason, in his opinion, is the information tension in relations between Russia, Ukraine and NATO.

“Russia is a very important supplier of energy resources on the world market.

It is impossible to assume that sanctions against Russia will remain invisible to the price of oil.

Therefore, this tension also raises the cost, ”the specialist said.

In the future, as the interlocutor of RT emphasized, the results of negotiations with Iran may also affect the price of oil.

Earlier, the cost of March futures for Brent oil at 05:22 Moscow time increased by 0.54% and reached $87 per barrel.