Oil prices fell on Tuesday amid concerns over demand from China and caution ahead of testimony before Congress by Federal Reserve Chair Jerome Powell.Benchmark Brent futures slipped 0.2 percent to $85.97 a barrel, with a weaker dollar helping cap the downside. WTI crude futures were down 0.2 percent at $80.30.A fall in China's exports for the January-February period pointed to continued weakness i...
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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.