Despite the sharp increase in wholesale oil prices triggered by the ongoing conflict involving Iran, there is little indication of widespread demand destruction in Europe. Bloomberg posted on X, highlighting that the European market continues to absorb the higher costs without significant reductions in consumption. Analysts suggest that while prices have surged, the demand for oil remains resilient across the continent. The situation underscores the complex dynamics of global energy markets, where geopolitical tensions can lead to price volatility without necessarily impacting consumption patterns. As the conflict persists, the European oil market's response will be closely monitored for any shifts in demand.

OpenAI has announced plans to acquire the consulting firm TOMORO to establish a private equity joint venture. According to Jin10, this strategic move aims to expand OpenAI's influence in the financial sector by leveraging TOMORO's expertise. The acquisition is expected to enhance OpenAI's capabilities in providing AI-driven solutions to private equity firms, marking a significant step in its business diversification efforts.

OpenAI has announced a collaboration with TPG and Brookfield to establish a new joint venture aimed at advancing artificial intelligence applications. According to Jin10, this partnership seeks to leverage the strengths of each organization to drive innovation and expand the use of AI technologies across various sectors. The joint venture is expected to focus on developing cutting-edge AI solutions that can be integrated into different industries, enhancing efficiency and productivity. This move marks a significant step in OpenAI's strategy to broaden its impact and foster the adoption of AI on a global scale.

Buker Co. released its investor relations activity record on May 11, detailing advancements in its frameless torque motor products, which are key components for humanoid and collaborative robots. According to Jin10, the company has gained recognition from several leading clients for its technical specifications and mass delivery capabilities. In the humanoid robot sector, Buker has transitioned from small batch orders to bulk orders, achieving rapid growth in both 2025 and the first quarter of 2026. As the humanoid robot industry enters a critical phase of large-scale production in 2026, it is expected to boost the shipment forecasts for the company's core components. In the field of industrial robotic arms and collaborative robots, Buker has successfully integrated into the supply chains of leading global and Chinese clients, resulting in a significant increase in orders. The company's gallium nitride (GaN) driver samples were launched last year, and customized development for specific clients has been completed for use in composite robot scenarios. Product validation is currently progressing steadily towards established goals.

According to Odaily, the probability of WTI crude oil reaching $105 by May 2026 has risen to 66% on Polymarket, marking a 12% increase over the past 24 hours. The contract rules for this event specify that if the highest price of any one-minute candlestick for the active month of WTI crude futures in May 2026 equals or exceeds the listed price, the market will be determined as 'Yes'; otherwise, it will be 'No'. The price will be based on Pyth's published figures without rounding. Previously, the March WTI crude price prediction contract stipulated that if the official settlement price of the current active month (near month) of the CME crude oil futures contract equals or exceeds the listed price by the last trading day of March 2026, the market will be determined as 'Yes'; otherwise, it will be 'No'. Saudi Aramco is reportedly working to increase exports from the country's western refineries. CEO Nasser has stated that the company's maximum crude oil production capacity of 12 million barrels per day remains intact and is ready for use.

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