Angola is set to load 1.04mln BPD of crude in May
Angola's announcement to load 1.04 million barrels per day (BPD) of crude in May signals robust supply levels that could influence global oil prices.
NEC Director Hassett says coordinated oil reserve release could go up if needed; Iran conflict is going to be over in the short run, has a plan for every quarter of the disruption
Israeli Foreign Minister says have already won and Iran has been dramatically weakened; will continue the war with Iran until the mission is completed
Angola is set to load 1.04mln BPD of crude in May
EU lawmakers look to vote this week on legislation to enact parts of the EU-US trade deal
Victory Capital submits revised bid for Janus Henderson (JHG), Bloomberg TV reports
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This development may put downward pressure on WTI and Brent crude benchmarks, especially if combined with other supply factors. Traders should keep an eye on how this fits into broader OPEC+ dynamics and any potential shifts in demand forecasts that could arise from this increased supply.
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