22:42 - 17.09.2026

---

September 17, Fineko/abc.az. Goldman Sachs expects gasoline prices to continue their upward trajectory as global fuel market tightness spreads. In a report published by analysts including Yulia Zhestkova Grigsby and Daan Struyven, the investment bank advised investors to shift away from diesel and take long positions in European gasoline. The analysts noted that refiners shifting output toward diesel has rapidly tightened gasoline markets.

Global fuel markets have faced severe pressure due to geopolitical conflicts involving the US, Iran, Russia, and Ukraine, with targeted strikes severely impacting refining capacity. In their September 16 report, Goldman analysts highlighted that while diesel prices remain elevated, gasoline offers greater upside potential driven by resilient demand and inventory changes. Consequently, the bank ended its previous diesel trade recommendations and formally advised taking a long position in European gasoline for mid-2027 delivery.