#Oil prices inch up amid Iran-Israel tensions. #Iran & Hamas vow retaliation, #Israel targets #Hezbollah, disrupting #Gaza ceasefire talks. US crude inventories eyed; Growth concerns persist with weak US & China data. Goldman sees $75 #Brent floor. #Oil #Iran #Israel #USCrude

In May, VLCC and Aframax rates rose, while Suezmax fell. #UScrude imports hit 6-month high at 6.8 mb/d. #OECD oil stocks up 16.6 mb in April. Demand for DoC crude steady at 43.2 mb/d for 2024. #OilMarket #Shipping #OilStocks #OPEC

Oil futures rise on a major crude draw and cooling jobs data, boosting Fed rate cut hopes. #Brent at $85.81/barrel, #WTI at $81.41/barrel. #USCrude inventories fell by 5.9M barrels. Geopolitical risks and seasonal demand to tighten oil balances. #Oil #Prices #CrudeOil #Fed #OPEC

Oil prices near 7-week highs ahead of key #US inventory data. #USCrude at $81.28, #Brent at $85.82/barrel. Middle East tensions and delayed EIA report add volatility. ING expects Q3 tightening post-OPEC+. #Oil #CrudeOil #BrentCrude #EIA #OPEC

#USCrude futures dipped post-API report showing a 2.3M barrel stock rise, dampening summer price hike hopes. WTI traded at $80.78/bbl vs. $81.56/bbl settlement. Gasoline stocks down 1.08M barrels; distillates up 538K barrels. #CrudeOil #OilMarket #API

Oil prices rose as #EIA and #OPEC forecast strong demand. #Brent at $82.36,#WTI at $78.47. #UScrude stocks fell 2.428M barrels. Awaiting US #CPI & #Fed policy update. China's steady inflation hints at need for more economic support. #Oil #Prices #China #Economy

#EuropeanStocks subdued with major markets closed. #STOXX600 up 0.2%. #Gold rises 0.6%, #oil prices near four-month lows. #Brent at $82.59, #USCrude at $78.45. Investors await #OPEC+ meeting on June 2. #Commodities

#Oil prices remain steady as #Fed hints at possible interest rate hikes amid persistent #inflation concerns, potentially impacting oil demand. #Brent crude at $82.56/barrel, #WTI at $78.20/barrel. #USCrude stocks rise, adding pressure. #OPEC+ to meet on June 1 to discuss cuts.

AfterMarket; #DuPont $DD +4% on splitting into 3 companies. #Snowflake $SNOW +6% on Q1 beat and raised guidance. #ELF $ELF -3% on poor guidance. #VFCorp $VFC -10% on Q1 loss and revenue miss. #Gold at $2,378 #USCrude at $78.25, #Brent at $81.73.