Goldman Sachs Archives - Energy News Beat

WTI has crossed $100 as the market begins to price the scenario Goldman Sachs flagged months ago: not just a constrained Strait of Hormuz, but a simultaneous threat to the Red Sea exit that Saudi Arabia has used as its remaining seaborne outlet.

September 10, 2026September 10, 2026 Clark Savage37

Brent settled above $101 on Wednesday, September 9, and WTI followed through the $100 level on Thursday morning in a sharp rally. Physical benchmarks had already been there. Dated Brent has held above $100 since September 3. Murban, DME Oman, the OPEC basket, and the Indian basket were already trading over that threshold. Futures are […]

Diesel Crack Spread Hits Record Highs as the Global Downstream Market Is Hit by Drones and Oil Shortages

September 3, 2026 Clark Savage93

The global diesel market is no longer just tight. It is rationing by price. This week the ICE gasoil crack — the difference between a barrel of crude and the diesel refined from it — hit a record $79 a barrel. In the United States, the diesel crack is trading well above $100 a barrel […]

Global Diesel Shortage on the Horizon

August 31, 2026 Clark Savage65

If you think diesel prices will ease next year, Wall Street is not with you. On August 31, 2026, CoinBureau founder Nic Puckrin flagged Goldman Sachs for more than doubling its 2027 diesel-margin forecasts, arguing that refineries are being hit from every direction—Middle East strikes, Russian export bans, and winter demand—with diesel at the epicenter […]

Oil Up over Weekend Strikes, and Tanker Hit by Mines

August 31, 2026 Clark Savage38

Oil prices climbed more than 2% in Monday trading after the United States and Iran exchanged strikes for the first time in weeks and Iran reported a supertanker striking sea mines in the Strait of Hormuz. The developments ended a period of relative calm in the six-month conflict and immediately revived supply-risk fears for a […]

Citi Lifts Brent Outlook but Still Sees Oil Falling in 2027

August 8, 2026 Clark Savage124

Citigroup has raised its third-quarter 2026 Brent crude forecast to $80 per barrel from $75, citing the prolonged U.S.-Iran conflict and continued constraints on oil flows through the Strait of Hormuz. The bank left its fourth-quarter 2026 forecast unchanged at $70 per barrel and continues to project an average of $65 per barrel for full-year […]

Gulf Shipping Grinds to a Halt Following Houthi Missile Claim

August 6, 2026 Clark Savage49

Gulf shipping traffic effectively stalled this week after Yemen’s Iran-aligned Houthis claimed a “precise hit” with several ballistic missiles on the Saudi-flagged products tanker NCC WAFA (also referred to as Wafaa) in the northern Red Sea off the Yanbu area. The Houthi statement, reported via outlets including Al Bawaba, described a military operation targeting the […]

Houthis Claim Responsibility for Another Attack in the Red Sea

August 5, 2026 Clark Savage96

The Iran-aligned Houthi rebels in Yemen claimed on or around August 4-5, 2026, that they successfully targeted a Saudi-controlled medium-range (MR) product tanker in the northern Red Sea with ballistic missiles. The vessel, identified as the Bahri-controlled NCC Wafa (also referred to as Wafaa or NCC WAFA; IMO 9688348, approximately 49,990 DWT, built 2014, Saudi-flagged), […]

Kuwait Offers Oil to Asian Buyers for First Time Since Iran War Began

June 9, 2026June 9, 2026 Clark Savage152

In a significant sign that Gulf crude is once again finding its way to market, Kuwait is offering at least 4 million barrels of its main export-grade crude to Asian refiners—the first such sales to the region since the Iran war erupted in late February 2026. The volumes are loaded onto two very large crude […]

Goldman Warns Energy Markets Enter Demand Destruction Phase

May 31, 2026 Clark Savage240

In a stark assessment amid one of the largest oil supply shocks in history, Goldman Sachs has signaled that global energy markets—led by crude oil—are shifting into a demand destruction phase. Even if a near-term peace deal eases the closure of the Strait of Hormuz, severely depleted inventories mean markets will likely require significant demand […]

Williams CEO Sees Gas Demand Outpacing Past Years Due to AI and Data Center Growth

May 19, 2026 Clark Savage205

Williams Companies CEO Chad Zamarin delivered a stark assessment today: U.S. natural gas demand over the next 10 years is expected to grow more than it did during the past 15 years, driven primarily by the explosive power needs of artificial intelligence data centers. Speaking in a Bloomberg interview tied to the fresh reporting, Zamarin […]

Tag: Goldman Sachs

WTI has crossed $100 as the market begins to price the scenario Goldman Sachs flagged months ago: not just a constrained Strait of Hormuz, but a simultaneous threat to the Red Sea exit that Saudi Arabia has used as its remaining seaborne outlet.

Diesel Crack Spread Hits Record Highs as the Global Downstream Market Is Hit by Drones and Oil Shortages

Global Diesel Shortage on the Horizon

Oil Up over Weekend Strikes, and Tanker Hit by Mines

Citi Lifts Brent Outlook but Still Sees Oil Falling in 2027

Gulf Shipping Grinds to a Halt Following Houthi Missile Claim

Houthis Claim Responsibility for Another Attack in the Red Sea

Kuwait Offers Oil to Asian Buyers for First Time Since Iran War Began

Goldman Warns Energy Markets Enter Demand Destruction Phase

Williams CEO Sees Gas Demand Outpacing Past Years Due to AI and Data Center Growth

About Energy News Beat

Recent Post

Yemen and Iranian Attacks Send Oil Spiking – For How Long?

Trump Demands Russian Refineries Be Spared as Diesel Surges

Quick Links