Oil futures settled flat on Friday amid concerns the Federal Reserve will likely hold interest rates higher for longer as data showed a much stronger than expected increase in U.S. non-farm payroll employment in the month of May.Concerns about possible excess supply in the market also weighed on oil prices.West Texas Intermediate Crude oil futures for July ended at $75.53 a barrel, down $0.02 from...
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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.