Goldman Sachs forecasts elevated diesel prices through 2027 amid refinery capacity constraints
Source Summary
Goldman Sachs projects that tight refinery capacity will sustain elevated diesel prices through 2027. The bank indicates that high margins will be necessary to suppress demand and replenish depleted inventories.
Why it matters
Sustained high diesel prices through 2027 would affect transportation costs, supply-chain expenses, and inflation across multiple sectors dependent on diesel fuel.
