Midweek News 31May

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Central Banks

Geo-Politics

Supply/Demand & Markets
  • Oil Falls Into Mid-Week. (Reuters)
  • OPEC Output Hits New High In May. (Reuters)
  • Iraq Seeks Oil Investors In First Post-Saddam Exploration Offer. (Business Week)
  • API: -350k v -400k exp. 
  • EIA: +2.2mil v +1mil exp. (Bloomberg)