Morning Oil Report 06/01/22

At 10:16 am Singapore time (0216 GMT), the ICE March Brent futures contract was down 87 cents/b (1.08%) from the previous close at $79.93/b, snapping three days of gains that took it momentarily above the key $80/b handle.   US DoE Crude Oil Inventories (W/W) 31-Dec: -2144K (est -3650K; prev -3576K) – Distillate: +4418K (est …