Goldman Sachs Bullish on Gasoline Amid US Diesel Export Ban Fears
Goldman Sachs is reiterating its bullish call on gasoline due to a potential US diesel export ban, which it sees as increasingly likely.
The bank's analysts believe that a ban would lead to tightened gasoline markets and higher prices.
This follows Goldman's previous predictions of sharp increases in European and Asian gas prices by the end of the year if Persian Gulf LNG exports fail to materialize.