Goldman Sachs: Global refining market faces severe supply-demand mismatch, refined oil profit margins up about $30 per barrel year-on-year
智通财经2026/08/21 10:11Show original
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- Goldman Sachs stated that the global refining market is experiencing an unusual supply-demand mismatch: refined oil product margins continue to rise, but refinery operating rates have not increased accordingly. Over the past two months, global refined oil product margins have risen by about $30 per barrel year-on-year, while U.S. diesel margins have climbed to a historic high of over $100 per barrel.
- Meanwhile, global refinery throughput has decreased by nearly 7 million barrels per day year-on-year, resulting in a clear supply-demand imbalance.
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