But China's March crude imports offer positive demand signal
Today in oil and natural gas markets:
April CPI data comes in at four-year lows, undermining forecasts that tariff-related costs will pass through to consumers and drive price growth
A closer look at fund managers' energy market futures and options positioning
Trends in U.S. refinery slates and crude imports show steady consolidation in supplying countries and adaptation to lighter runs
Global container freight rates hit a 16-month low in May as the aftermath of importers' front-loaded cargoes subsides
The DoE's latest inventory data showed crude inventories at Cushing, OK, remain historically low, a trend shared by U.S. stocks of refined products
April manufacturing sector activity and March trade data put focus on distillate consumption