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Refined oil price increases far exceed crude oil price increases: Goldman Sachs more than doubles its forecast for US diesel profits.

Refined oil price increases far exceed crude oil price increases: Goldman Sachs more than doubles its forecast for US diesel profits.

The global refining market is facing supply contraction pressures, with refined product prices significantly outpacing crude oil price increases, particularly in the diesel market. Goldman Sachs has sharply raised its forecast for diesel crack spreads in Europe and the US, highlighting the continued impact of geopolitical tensions on global refining
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