بنك Goldman Sachs يستبعد زيادة إنتاج النفط من قبل أوبك في اجتماع يونيو المقبل
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00:00To Goldman Sachs' expectations this time for the OPEC-Plus alliance meeting in June, what are the expectations and how far is it that there will be an increase in production by the alliance countries, which goes back to several reasons, starting with the data that we have seen, the rise in global stocks again, this may also affect the decision-making for the OPEC-Plus alliance countries.
00:27But the chances of an increase in production during this period go back to 37%.
00:33Therefore, there was even a distance from some of the statements we heard from Russia that there would be any increase in production in this meeting.
00:41But Goldman Sachs expects this time that there will be stability in oil prices in Saudi Arabia in terms of crude production.
00:48Therefore, in the coming month of July, production levels will remain at 9 million barrels per day.
00:54As was noticed by the latest decision taken by the OPEC-Plus countries, the natural decline at 2.2 million barrels per day until the end of the second quarter of 2024.
01:10As a result, this is also the reason for the current decline in the production of oil for the OPEC-Plus countries at 5.7% of global demand.
01:19Goldman Sachs expects this time that the prices of oil will drop from $75 to $90 in 2024.
01:28As for the expected levels in 2025, they may drop to $82 per barrel in the coming year.
01:37But let's go back to the latest statements we heard from the Russian Deputy Prime Minister,
01:43that there are no discussions about increasing the production of oil by the OPEC-Plus in the coming meeting.
01:49But the most prominent is still the fear of increasing production coming from countries outside the OPEC-Plus alliance,
01:56if we are talking about the United States, Canada and Brazil.
01:59As a result, the production of oil in the United States has reached a record level of 13 million barrels during this period.
02:07So, how much will this meeting and the price levels be for the prices of oil?