BRIEF-Goldman Sachs Expects US/EU Diesel Margins To Moderate To $46/31 per bbl By 2026Q4

Goldman Sachs Group, Inc.

Goldman Sachs Group, Inc.

GS

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- GOLDMAN SACHS GS.N:

  • EXPECTS US/EU DIESEL MARGINS TO MODERATE TO $46/31 PER BBL BY 2026Q4

  • MAINTAINS GASOLINE MARGINS FORECAST FOR 2026Q4 AT $23/13 FOR US/EU

  • EXPECTS PERSIAN GULF EXPORTS TO NOW NORMALIZE BY END-JULY, COMPARED TO PREVIOUS ASSUMPTION OF END-AUGUST

  • EXPECTS AVERAGE 2027 US/EU DIESEL MARGINS AT $38/25/BBL AND AVERAGE 2027 US/EU GASOLINE MARGINS AT $22/15/BBL