Oil prices traded higher on Thursday after industry data showed a decline in the crude oil inventories in the United States. Overall gains, however, were limited by a stronger dollar, expectations of more U.S. rate hikes and lingering concerns about China's economic recovery. Benchmark Brent crude futures rose half a percent to $77 a barrel, while WTI crude futures were up 0.6 percent at $72.22.Da...
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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.