3:30 pm BST - US, DOE report on oil inventories.
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Oil inventories. Actual: +5,457 mb, Expected: +0.073 mb (API: +2.15 mb)
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Gasoline inventories. Actual: -4.978 mb, Expected: -0.633 mb (API: -0.63 mb)
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Distillate inventories. Actual: +2.166 mb, Expected: +1.5 mb (API: -0.667 mb)
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Oil prices don't react much to inventory data
Daily Summary: Technology Drives Wall Street to Record Highs Despite Tensions in the Persian Gulf
🔴 Three markets to watch next week: EURUSD, CH50cash, OIL (08.05.2026)
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Morning wrap: Indices climb despite shots fired in the Strait of Hormuz 📈 💥