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EIA reports U.S. crude inventories fell for a sixth straight week in the week to May 29 as exports rose and refinery runs approached capacity. Commercial crude stocks excluding the Strategic Petroleum Reserve fell 7.974 mln barrels to 434.0 mln barre

2026-06-03

EIA reports U.S. crude inventories fell for a sixth straight week in the week to May 29 as exports rose and refinery runs approached capacity. Commercial crude stocks excluding the Strategic Petroleum Reserve fell 7.974 mln barrels to 434.0 mln barrels, roughly 3% below the five‑year average. The SPR dropped 8.0 mln barrels to 357.1 mln barrels amid ongoing emergency releases. Gasoline stocks rose 3.4 mln barrels to 215.0 mln barrels, ending a 15‑week decline and remaining about 5% below the five‑year average; gasoline demand fell 662,000 bpd to 8.6mlnbpd.

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2026-06-03

The UK government stated: "We have maintained regular communication with the US government during the negotiations and have clearly defined the actions we are taking. The priority access rights enjoyed by UK companies under our existing agreements re

The UK government stated: "We have maintained regular communication with the US government during the negotiations and have clearly defined the actions we are taking. The priority access rights enjoyed by UK companies under our existing agreements remain valid."
2026-06-03

Intel (INTC.O) shares rose 5% in U.S. premarket trading.

Intel (INTC.O) shares rose 5% in U.S. premarket trading.
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