Crude oil prices drifted lower on Monday as data from China raised concerns about the outlook for energy demand outweighed uncertainty about supply.Rising tension between Washington and Beijing following the Biden administration announcing new export controls targeting Chinese companies hurt as well.Oil prices surged higher in recent sessions, lifted by OPEC and its allies' decision to cut output ...
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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.