Inventories of crude oil and its derivative products in the States were lower across the board last week amid rising exports.
US industrial production fell short of forecasts last month despite a sharp jump in the output of business equipment.
A key gauge of housing market activity in the US turned down last month, although the details of the report were somewhat stronger, according to economists.
North Korea said it will not engage in economic trade with the US in exchange for its denuclearization and threatened to cancel the upcoming summit between leader Kim Jong-Un and US president Donald Trump.
Italian bond yields rose sharply on Wednesday after a plan by the populist 5 Star and League parties leaked revealing they want to write off €250bn (£220bn) in European Central Bank debt as part of a deal to govern in coalition.
Annual inflation in the eurozone slowed to 1. 2% in April from 1. 3% the month before, well below the European Central Bank's target of close to but under 2%, data from Eurostat confirmed on Wednesday.