Crude oil prices drifted lower on Thursday, falling for a third straight session, after data showed a sharp jump in U.S. crude inventories in the week ended October 6th.Oil prices pared early gains as the dollar rose after hot consumer price inflation report suggested the Fed might not be done raising rates. West Texas Intermediate Crude oil futures for November ended lower by $0.58 or about 0.7%...
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.