“Can oil rise to $100 and above – I think such a scenario is likely if it turns out that the free capacity to increase production in key OPEC + countries is less than expected, while the recovery of the global economy ... will continue after the decline in the incidence of “omicron”, - RIA Novosti quotes Scriabin.
According to him, the risks of possible sanctions against Russia contribute to the persistence of uncertainty in the global energy market and lead to additional demand for oil.
Stanislav Mitrakhovich, a lecturer at the Financial University under the Government of Russia, commented on the increase in the cost of Brent oil in an interview with RT.
Economist, deputy head of the Alpari IAC Natalya Milchakova, in an interview with the FAN, spoke about the reasons for the rise in oil prices.