Fundamental analysis by بورسی های گیلان about Stock حفاری on 5/31/2025

#Oil. Possible production of OPEC+ Eight Opec+ member states are likely to increase their oil production by 4,000 barrels a day by early July. This decision is to continue the policy of gradual reduction of voluntary production constraints in January. 🔹 The reasons for increased production: Maintaining the global market share given the growth of US oil production. Failed market conditions and low levels of global oil reserves in recent months. Trying to return to normal production after voluntary reduction of 1.5 million barrels. 🔹 Challenges: Difficult prediction of demand due to economic uncertainty, tariff wars, geopolitical tensions and new energy policies. Failure to comply with some countries, such as Iraq, Russia and Kazakhstan, to produce quotas, which could provide surplus and downtrend on prices. 🔹 Impact on oil prices: If production increases, WTI can drop to $ 1 to $ 2 and Brent to $ 1 to $ 2 If production increases, the WTI would rise up to $ 5 to $ 5 and Brent up to $ 5 to $ 5. These prices fluctuate about $ 1.5 compared to the current rates (WTI of about $ 1.2 and BRNT about $ 1.2). 🔹 Production landscape in America: Current prices for many shale companies in the US are non -economic (profitability of between $ 1 and $ 2), so the number of drilling rigs has reached its lowest level since November, and production is declining.