Crude oil futures ended lower on Thursday, extending losses to a third straight session, weighed down by a downward revision in OPEC's oil demand forecast and speculation that the U.S. may ease sanctions on Iran.
West Texas Intermediate Crude oil futures for October ended down $0.66, or about 1.2%, at $55.09 a barrel.
On Wednesday, WTI Crude oil futures for October ended down $1.65, or about 2.9%, at $55.75 a barrel.
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Forex News
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.