US EIA Refinery Crude Runs Change (May/08) 0.370M (Prev. -0.042M)
The latest EIA data shows a notable increase in US refinery crude runs, rising by 0.370 million barrels per day compared to the previous decrease of 0.042 million.
The US has reached framework agreements with companies to expand military strike capabilities
FTC reportedly files a suit over alleged Shutterstock (SSTK) misleading subscription plans
US EIA Refinery Crude Runs Change (May/08) 0.370M (Prev. -0.042M)
JBS (JBS) Executive says with Brazil reaching its quota for beef exports to China, cattle prices may decrease and favour sales in the domestic market
EIA Expectations: Crude -2.1M, Gasoline -2.85M, Distillate -2.83M
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This uptick might indicate stronger demand or capacity utilization, potentially tightening supply in the market. As a result, we could see upward pressure on crude prices, impacting WTI and Brent benchmarks accordingly.
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