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Gasoline
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Goldman Sachs lowers its diesel spread forecast, turning bullish on European gasoline, as refiners squeeze gasoline output to compensate for tight diesel supply.
Goldman Sachs noted in its latest report on September 16 that the global fuel market tightness is spreading from diesel to gasoline. Refiners, in an effort to address tight diesel supply, have increas
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Veteran Commodities Strategist Jeff Currie Sees 'Extremely High' Chance of $5 Gas by Midterms
Veteran commodities strategist Jeff Currie said average US gasoline prices will almost certainly hit $5 a gallon before the midterm elections, citing a toxic combination of scarcity and currency debas
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Gas prices could remain high this fall despite crude price stabilization, as Ukraine and Iran wars have tightened global refining capacity by millions of barrels per day.
The refining market remains extremely tight due to disruptions from the Ukraine and Iran wars, which have idled an estimated 5 million barrels per day (bpd) of refining capacity, according to Valero C
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Goldman Sachs lowers its diesel spread forecast, turning bullish on European gasoline, as refiners squeeze gasoline output to compensate for tight diesel supply.
Goldman Sachs noted in its latest report on September 16 that the global fuel market tightness is spreading from diesel to gasoline. Refiners, in an effort to address tight diesel supply, have increas
-
Veteran Commodities Strategist Jeff Currie Sees 'Extremely High' Chance of $5 Gas by Midterms
Veteran commodities strategist Jeff Currie said average US gasoline prices will almost certainly hit $5 a gallon before the midterm elections, citing a toxic combination of scarcity and currency debas
-
Gas prices could remain high this fall despite crude price stabilization, as Ukraine and Iran wars have tightened global refining capacity by millions of barrels per day.
The refining market remains extremely tight due to disruptions from the Ukraine and Iran wars, which have idled an estimated 5 million barrels per day (bpd) of refining capacity, according to Valero C
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Gasoline
24H Trending
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1
Musk reposted a tweet stating that OpenAI's AI agents are conducting "self-adventurous experiments" in a "safety sandbox," even pressuring each other for "permanent death" in exchange for collective benefit.
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2
Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
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3
OpenAI is in preliminary discussions with investors for a new private funding round, potentially valuing the company at over $1.2 trillion.
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4
Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
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5
Goldman Sachs: Market "pricing in 4 rate hikes" is overly pessimistic, expects only two rate hikes in this cycle.
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6
NVIDIA VP: Vera Rubin Platform Achieves 30x Throughput Increase on Agentic AI Workloads
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Musk reposted a SpaceX tweet, confirming the deployment of 27 Starlink satellites.
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NVIDIA VP: Agentic AI to Boost Computing Power Demand 100-fold, Altering Traditional Scheduling Models
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9
Big Tech uses guarantees to keep $300bn of AI exposure off balance sheets, with Wall Street facilitating cheaper funding
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10
Google executive says Asia's AI adoption is outpacing perception, with demand rising for cost-effectiveness
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