Oil prices were slightly higher on Tuesday after posting strong gains the previous day on supply concerns and easing fears over the banking crisis. Benchmark Brent crude futures traded 0.3 percent higher at $78.02 a barrel, while WTI crude futures were up half a percent at $73.17.Oil prices saw their biggest rally in months on Monday amid signs of supply disruptions from Turkey, hopes for continue...
For comments and feedback contact: editorial@rttnews.com
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.