Oil prices extended losses on Tuesday, after having fallen nearly 2 percent in the previous session.Benchmark Brent crude futures fell 2.1 percent to $94.17 a barrel, while WTI crude futures were down 2.4 percent at $88.98.Investors fretted about a further hit to demand in China, as COVID infections ticked up ahead of 20th Party Congress and authorities vowed to stock to the zero-COVID policy. Wor...
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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.