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Goldman Sachs: Diesel Crunch Is Now the Biggest Threat in Oil Markets
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Goldman Sachs: Diesel Crunch Is Now the Biggest Threat in Oil Markets

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Goldman Sachs says diesel is at the center of a widening fuel crunch as war-hit refineries in Russia and the Middle East slash global supply.

The biggest oil supply squeeze is currently in diesel markets amid the lowest global refining activity for this time of year since the 2020 pandemic, Goldman Sachs says. War-induced refinery outages in the Middle East and Russia have collapsed global... [1972 chars]

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Source: oilprice.com

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