Renewed expectations remain low oil prices for a long time

2015/12/5 16:33

US investment bank Goldman Sachs, said that the oil prices are likely to remain "low for a long time" after the failure of OPEC members to agree on a new roof for the production of the Organization meeting in Vienna.

Senior bank said it "is expected to be OPEC's crude oil production in 2016 is slightly higher than the current output of 31.8 million barrels per day."

Said OPEC Secretary-General Abdullah al-Badri earlier on Friday, said that the organization has not been able to agree on any numbers to it they can not predict the size of the oil that Iran will it add to the market in the next year, when the lift Western sanctions by ".anthy