Crude oil futures settled lower on Friday, after a 7-session winning streak, but still posted a strong gain for the week and the month.
Oil prices dropped, due largely to profit taking after recent gains.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.