Oil prices fell about 1 percent on Monday after reaching four-month highs last week on signs of tight supply. Benchmark Brent crude future fell 0.8 percent to $85.55 a barrel, while WTI crude futures were down 0.9 percent at $82.10.Prices were still near their highest levels since mid-April after top producers Saudi Arabia and Russia pledged to cut output through next month. A stronger dollar weig...
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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.