Soon the price of oil will rise to $ 100 per barrel

Cost of "black gold" may rise to 100 dollars per barrel. It is not excluded that the price will be even higher. Since the costs of exploration and production are too high. In this new capacity is introduced into the refining system is too slow. About this Reuters news agency said the Head of the Indian oil company Reliance Industries Ltd (RIL), tycoon Mukesh Ambani. "According to the estimates of most analysts, oil prices will be considerably higher than $ 70 per barrel, and in the foreseeable future, we must be ready, at worst, a three-digit oil prices," - he predicts. "The price of 80-100 dollars per barrel is normal for the ever-changing global dynamics, and we must stop thinking and hoping that the price of oil and energy will be reduced to the level to which we are accustomed in the past twenty years," - said Ambani. Meanwhile, yesterday, oil prices on world markets fell, with increased supplies of raw materials in the U.S. and investors' concerns about the state of the U.S. economy.