US stock futures were mixed in Wednesday's premarket session as investors look ahead to key inflation and oil price data, which will be released later in the morning.

The Dow Jones Industrial Average futures were off 0.15%, S&P 500 futures were up 0.34%, and Nasdaq futures were rising 0.32%.

Oil prices were sharply higher, with front-month global benchmarks Brent crude and West Texas Intermediate crude rising 1.01% and 1.1% respectively.

In equities, shares of Antelope Enterprise (AEHL) soared 341% in Wednesday's premarket after it said late Tuesday that its shareholders have approved its $1.5 billion merger with Strive Enterprises. Asset Entities (ASST) shares jumped 79% adding to its 18% gain Tuesday. And shares of Oracle (ORCL) advanced 31% after the company reported overnight higher fiscal Q1 results and said its contract backlog will likely exceed $500 billion amid strong demand over the coming months.

On the losing side, QMMM Holdings (QMMM) plunged 64% after skyrocketing more than 1,700% the previous session. Epsium Enterprise Limited (EPSM) shares tumbled 54% after a 411% gain on Tuesday. And shares of Synopsys (SNPS) shed 23% after the company overnight posted fiscal Q3 results that missed Wall Street's estimates and cut its full-year earnings outlook.