Goldman Sachs predicts that Iran's Crude Oil Product production will slightly decrease on Friday.

The investment bank's basic forecast is that by the second quarter of 2025, Iran's Crude Oil Product supply will drop by 0.3 million barrels per day, to 3.25 million barrels per day. Analysts also predict that the Brent Crude Oil Indicator will peak at $78 per barrel in June.

Goldman Sachs stated in a research report: "Although we believe that there is a risk of a decline in Iranian production compared to current levels and our forecast, we currently maintain our basic expectation of Iranian Crude Oil Product production dropping to 3.25 million barrels per day by the second quarter of 2025."

Goldman Sachs expects Iranian oil exports to continue to decline.

Goldman Sachs stated that Iran's Crude Oil Product floating stocks have reached a 12-month high of 20 million barrels, and Iran's export fleet is relatively tight, with a higher export volume per ship, historically followed by a decline in Iranian Crude Oil Product exports.