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المشهد العربي
Goldman Sachs Predicts Rise in Diesel Refining Profits
Goldman Sachs Bank forecasts a significant jump in global diesel refining profits next year, exceeding its previous estimate by more than 100%, due to refinery outages caused by conflicts in the Middle East and the Russia-Ukraine war. The report indicates that the diesel crack spread over Brent crude in the United States will reach approximately $63, and $49 in the European Union, compared to previous forecasts of $27 and $19, respectively. The increase in refinery outages and declining inventories have led to reduced petroleum product supplies, with Russia continuing to ban diesel exports and demand expected to rise as winter approaches in the Northern Hemisphere.
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