WS #6187
No genuinely new material developments in the last 30 minutes. The UAE OPEC exit and oil supply disruption narrative remains dominant, with no counter-signals or de-escalation. The previous synthesis covers all key signals.
Key developments
- UAE announces exit from OPEC and OPEC+ effective May 1, 2026
- Visa Q2 FY2026 earnings beat: EPS $3.31 vs $3.10 est, revenue $11.23B vs $10.75B
- Iran running out of oil storage capacity; US-Iran talks stalled
- Robinhood Q1 earnings miss: EPS $0.38 vs $0.39 est, revenue $1.067B vs $1.14B
- US consumer confidence rises to 92.8 vs 89.0 expected
- API reports 1.8M barrel decline in US crude inventories