Oil prices tumbled on Monday to extend last week's losses amid reinforced diplomatic efforts to end the Russia-Ukraine crisis.Markets also braced for higher interest rates ahead of a busy week of central bank meetings.Brent crude futures for May delivery slumped 3.8 percent to $108.38 a barrel while U.S. West Texas Intermediate (WTI) crude futures were down nearly 5 percent at $104.06 a barrel.Ris...
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.