Oil prices climbed on Tuesday as attention shifted back to tight supply. Benchmark Brent crude futures rallied 1.5 percent to $97.91 a barrel, while WTI crude futures were up 1.8 percent at $92 a barrel. Supply concerns returned to the fore after Saudi Arabia warned that OPEC could cut output to correct the recent oil price fall. Saudi Arabia's Oil Minister Prince Abdulaziz bin Salman said late Mo...
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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.