API weekly U.S. gasoline inventories for week to June 26: -2.106 mln bbl; expected -0.906 mln; prior +1.238 mln.

Business Insider reported Microsoft (MSFT.O) plans to announce another round of layoffs to control costs, affecting thousands of positions across sales, consulting and the Xbox gaming unit. The cut is expected to be smaller than last year and below 2.5% of its roughly 220,000 workforce. The company may announce the move next week, though timing could change; some affected employees will be immediately offered new roles. Last year Microsoft cut about 6,000 jobs in May and a further 9,000 in July. The decisions come as Microsoft steps up AI investment while trimming expenses.

Oklo (OKLO.N) shares rose 4.3% premarket after the DOE approved the final safety analysis for the company's Groves isotope-testing reactor.