German Ifo Current Conditions (May) 86.1 vs. Exp. 85.1 (Prev. 85.4, Low. 84.5, High. 86.2)

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Ukrainian President Zelensky says Ukraine attacked Russian oil refinery in Yaroslavl (300k BPD)

TotalEnergies (TTE FP) said to mulling stake sales in some green EU assets, Bloomberg reports

German Ifo Current Conditions (May) 86.1 vs. Exp. 85.1 (Prev. 85.4, Low. 84.5, High. 86.2)

The next EU-UK summit could be postponed until July at the earliest (vs initial June date), Bloomberg reports citing sources; citing the prospect that substantial deals won’t be agreed in time

China refined fuel exports (ex Hong-Kong) expected to rise slightly from May-June to around 550k MT, according to Reuters sources

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