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Diesel prices may stay high through 2027 as refining lags demand
Goldman Sachs links the outlook to tight refinery capacity, saying margins would likely need to rise to slow demand and rebuild inventories.
Goldman Sachs expects diesel prices to remain elevated through 2027, citing persistent tight refining capacity that makes it difficult for refineries to meet demand, according to CNBC.
The firm said high margins may be required to curb diesel demand and help rebuild inventories, a dynamic that could keep prices supported beyond the near term, CNBC reported.
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