US EIA distillate fuel implied demand for the week to Aug. 14: 5.5536 mln b/d, up from 5.3924 mln b/d the prior week.

Goldman Sachs reports Anthropic's ARR topped $65bln in July 2026, versus $47bln in May and $9bln at end‑2025. ARR is still expanding at about 18% MoM despite the larger base. Goldman says markets have begun trading the "second derivative" — whether growth can further accelerate or will slow as the base rises. It warns that once ARR moves from sub‑$10bln into the hundreds‑of‑bln range, simply sustaining high percentage growth may deliver less marginal valuation support than earlier.

Abu Dhabi National Oil Co (ADNOC) plans to reduce crude deliveries to Asian customers in August and September, two people familiar with the matter said, prompting the benchmark Murban grade to trade as much as about $7/bbl above Brent this week. The sources said spot supply will drop roughly 5%. The reduction applies to OTC sales and does not affect physical barrels purchased via the Abu Dhabi ICE. One source attributed the cut to planned maintenance at Abu Dhabi onshore fields.