Oil markets experienced fluctuations as US crude inventories increased by 3.59 million barrels, diverging from industry predictions. Despite this, oil prices saw stability with West Texas Intermediate trading below $81 and Brent hovering near $85. The rise in inventories was attributed to a fall in refinery input and slowed exports. Additionally, geopolitical tensions between Israel and Lebanon contributed to market volatility, pushing Brent crude prices above $86. The Energy Information Administration reported that US gasoline demand fell to 8.83 million barrels per day in April, the lowest since February. Meanwhile, US oil production rose for the third consecutive month, reaching 13.248 million barrels per day, the third-highest in history. Trafigura and Gunvor's demand sparked a jump in the Brent oil benchmark. Oil touched two-month highs and is set for a third weekly gain.