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Goldman Sachs Sees Diesel Refining Margins Soaring to $63 a Barrel
Refiners are set to reap stronger profits on the global diesel shortage, Goldman Sachs has said, revising its earlier profit forecast to double the total profits that refining companies would make from the squeeze.
AI Summary
Goldman Sachs says refiners will earn significantly higher profits as a global diesel shortage tightens markets, and the bank has revised its earlier forecast to double the total earnings expected for refining companies from the squeeze.
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