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Crude Check: Positive bias holds
May 23, 2026
@businessline

Crude Check: Positive bias holds

Crude oil prices dropped last week, with Brent futures falling 5.2% and domestic futures down 5.3%. Despite this, Brent is still above $100. Analysts believe "a rally from the current level" is likely, with potential to hit $115 or even $125 if it breaks through.