The retail price of gasoline has just fallen below $4 a gallon, but could rise to $5 a gallon by the end of the year, according to AAA data, Goldman Sachs Group's head of energy research said on Thursday. Meanwhile, as for the price of crude oil, Courvalin expects Brent crude to rise to $130 by the end of the year. Courvalin pointed out that prices need to remain at these levels in order to finally solve the market gap.

"We think this is the level at which we need to see sustained pricing in order to finally address the market deficit," Courvalin said. We are still in deficit. Despite the slowdown, prices still have room to rise and will be higher from now on. "

In the short term, Courvalin expects gasoline and diesel prices to rise as refiners enter the turnover season due to a lack of typical inventory buffers that are not currently available in the market.

According to the latest data from the US Energy Information Administration, the total inventory of gasoline in the United States is 6% lower than the average in the same period of the past five years, and the inventory of distilled fuel is 24% lower than the average in the past five years.

The price of Brent crude rose on Thursday, rising $2.38 (2.44%) to $99.78 on the day in an attempt to regain the level above $100 a barrel that the international crude benchmark price remained at for most of the summer.