Crude oil prices fell sharply on Monday amid concerns about outlook for energy demand after the latest manufacturing surveys showed factory activity in Asia and Europe weakened last month.Also, traders appeared reluctant to create fresh long positions in the commodity ahead of this week's OPEC+ meeting, in which the group is set to consider keeping output unchanged for September.West Texas Interme...
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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.