Oil is getting more expensive due to fears about the disruption of supplies

At the beginning of trading in Asian exchanges, the price of Brent oil rose by 0.4% and reached $ 123.14 per barrel. Light oil prices rose 0.5% to $ 110.82.

The fears of world markets are caused by the fact that unrest in Libya and other countries of the Middle East can adversely affect oil supplies, BBC Russian reports.

Demand for oil in the world is growing, it is caused by the economic growth of developing countries that need oil for the development of the industrial sector.

Experts of the International Monetary Fund warn you that due to the inconsistency of demand and supply prices, oil prices are likely to rise.

"Political risk in large cheap oil manufacturers, such as Iraq and Iran, is very high, and this means that companies that would like to invest in these countries are faced with great difficulties and restrictions," says Radzhiva Bisvas from IHS Global Insight

“There is a chance that the demand for oil may even more exceed the supply, and then prices will increase sharply,” says the consultant of the research department of the IMF Thomas Helbling.

Meanwhile, as experts of the consulting company IHS Global Insight, attempts at oil companies to increase deliveries at the expense of new sources also do not yet lead to the desired result.

While these factors will influence markets, oil prices are likely to increase even more.