Oil prices traded higher on Friday but headed for a weekly loss amid renewed optimism about U.S.-Iran talks. However, both the sides are still at odds over Tehran's uranium stockpile and future control of the Strait of Hormuz.Brent crude prices traded up over 3 percent around $106 a barrel but were down nearly 4 percent for the week. WTI crude futures were up 2.6 percent at $98.88 a barrel and hea...
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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.