Partially offsetting the losses from three consecutive sessions, crude oil prices have advanced on Friday as traders weigh increasing concerns of an impending crude oil inventory shortage due to the ongoing Strait of Hormuz blockade against the positive signals from U.S.-Iran peace talks.WTI Crude Oil for July month delivery was last seen trading up by $0.10 (or 0.10%) at $96.45 per barrel.As the ...
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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.