The American Petroleum Institute reported a weekly crude inventory draw and a rise in fuel stocks, signaling tighter crude supply against potential demand strength. While the release provides a directional signal, the lack of numeric figures means the full impact hinges on subsequent EIA data and refinery-margin dynamics. If EIA corroborates the draw and margins stay healthy, energy equities could see near-term upside.
Agora posted slight revenue growth after three years of decline. Investments are shifting towards conversational AI for virtual tutoring and call centers. The company recorded a net profit, its second since 2021. Shengwang revenue continues to contract while global services grow significantly. Market interest in Agora’s new AI products shows encouraging potential.
