Oil prices fell sharply on Tuesday amid concerns over the outlook for energy demand due to global economic slowdown.The dollar's rise weighed as well on oil prices. The dollar index climbed to 101.95 this afternoon, gaining about 0.6%.West Texas Intermediate Crude oil futures for June ended lower by $1.69 or almost 2.2% at $77.07 a barrel.Brent crude futures settled at $80.77 a barrel today with a...
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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.