Goldman that is.
In a persistent closure scenario with a 1pp increase in the diesel yield an do demand destruction, OECD commercial stocks would likely stay above the 20 days threshold through end-2026 for diesel, but reach the threshold in December for gasoline given the hit to the gasoline yield (dark blue lines, Exhibit 6).
Ensuring that OECD commercial stocks for both diesel and gasoline stay above the estimated critical threshold through end-2026 in a persistent closure scenario likely requires a combination of:
