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• LNG futures trading surges in April, spot prices climb
  Trading volumes for LNG futures reached 87,209 lots in April, marking...
  Trading volumes for LNG futures reached 87,209 lots in April, marking a significant year-on-year increase, while Asian spot LNG prices also rose due to geopolitical tensions. Open interest in these futures hit a 26-month high, indicating growing market activity ahead of the summer demand season.
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for June delivery ...
  Benchmark U.S. crude oil for June delivery rose 61 cents to $78.99 per barrel Wednesday. Brent crude for July delivery rose 42 cents to $83.58 per barrel.
  
  Wholesale gasoline for June delivery fell 1 cent to $2.53 a gallon. June heating oil rose 1 cent to $2.48 a gallon. June natural gas fell 2 cents to $2.19 per 1,000 cubic feet.
  
  
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• U.S. stocks finish mixed as Dow extends its longest streak of advances this year
  U.S. stocks ended mixed on Wednesday, with the benchmark S&P 500...
  U.S. stocks ended mixed on Wednesday, with the benchmark S&P 500 losing a slight gain in the final minutes of trading.
  
  The Dow Jones Industrial Average closed up by 0.4%, or 172.13 points, at 39,056.39. It has ended higher for six straight sessions. That's the longest winning streak since the period that ended on Dec. 19, when the index rose for nine straight trading days.
  
  The S&P 500 finished flat at 5,187.67 after swinging between slight gains and losses throughout the day. It fell just 0.3 of a point on Wednesday for the smallest daily point move since Sept. 28, 2018.
  
  The Nasdaq Composite ended down by 0.2%, or 29.8 points, at 16,302.76 and posted a back-to-back loss.
  
  Mixed corporate earnings weighed on some megacap technology names throughout the session. In addition, investors appeared also to be assessing recent comments from U.S. central bank officials.
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• API Reports Another Build in Crude Oil Inventories
  Crude oil inventories in the United States rose this week by...
  Crude oil inventories in the United States rose this week by 509,000 barrels for the week ending May 3, according to The American Petroleum Institute (API). Analysts had expected a 1.430 million barrel draw.
  
  For the week prior, the API reported a 4.906 million barrel build in crude inventories. 
  
  Cushing inventories rounded out the builds this week, according to API data, gaining 1.339 million barrels after increasing by 1.479 million barrels in the previous week.
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• ☕️What Else is Brewing Wednesday Morning
  Instacart and Uber are teaming up to fight DoorDash. The...
  Instacart and Uber are teaming up to fight DoorDash. The enemy of my enemy is my food delivery friend. Instacart and Uber—grocery delivery rivals—announced yesterday that they are partnering to better compete with DoorDash in restaurant food delivery. The deal will allow Instacart users to place Uber Eats orders without leaving the app. The companies think the deal will lead to more revenue for Instacart and more access to a suburban customer base for Uber Eats, the Wall Street Journal reported. DoorDash is the leader in US restaurant delivery market share, posting record revenue in Q1.
  
  Panera is discontinuing its Charged Sips caffeinated drinks after a series of lawsuits alleged the beverages cause health issues.
  
  The Boy Scouts is changing its name to Scouting America to reflect its new priority of inclusion.
  
  Elizabeth Holmes, the disgraced Theranos fraudster, had her prison sentence reduced for the second time. She’s now scheduled for release in 2032.
  
  Israeli forces seized the Gaza side of the crucial Rafah border crossing, though US officials said it was not the full-scale invasion many have feared.
  
  Peloton is reportedly being circled by private equity firms for a potential buyout of the enfeebled fitness company.
  
  Wayve, a UK AI startup that powers self-driving cars, raised $1 billion in funding from SoftBank, Microsoft, and Nvidia.
  
  Donald Trump’s classified documents trial, originally scheduled to start May 20, was postponed indefinitely by US District Judge Aileen Cannon
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