Diesel Prices May Stay Elevated Through 2027 as Refinery Constraints Meet Rebuilding Demand – Goldman Sachs

Diesel prices may need to remain elevated through 2027 to prevent a recovery in fuel consumption from overwhelming a strained global refining system, Goldman Sachs said, highlighting the prospect of another year of tight refined-product markets even if crude oil prices stabilize. The investment bank expects global diesel and jet-fuel crack spreads, which measure the […]

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