Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise 
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown 
‘Buy now, pay later’ doesn’t feel like debt. For young people, that can be a big problem 
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat? 
Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it? 
Who should own the knowledge that underpins AI technology? 
AI is supercharging money scams – here’s what you can do to protect yourself 
What is Zionism? The different meanings of a contested term 
Physicists zoom into the birth of cosmic rainstorms with new CERN study 
Add as a preferred source on Google
Brent has been taking hit from sellers after price reached highest level this year around $70/barrel. However it is being sold off since then.
Several developments regarding oil market -
- Saudi Arabia led coalition and Houthi Rebels has agreed on five day truce to deliver humanitarian aid to sufferers in Yemen, however according UN five day truce is not sufficient to deal with humanitarian crisis over there. Brent will once again focus on the development once fighting resumes.
- Saudi Arabia's king Salman has declared to skip Arab leaders meet in Washington. He will be sending his crown prince in his stead. Along with Saudi King, leaders of United Arab Emirates, Oman and Bahrain have also cancelled their meetings with US president Barrack Obama showing signs that Arab leaders are not very pleased with Washington's involvement in the Iran nuclear talks.
Talks suggest that supply from Russia and Iran continue to pose challenge for recovery in crude prices. As of now OPEC leaders are scheduled to meet on June 5 in Austria, however that meeting is expected to produce no good news for oil bulls as rift remains large among Gulf and other oil producers.
Brent is currently trading at 64.6/barrel. Further fall is likely as gravestone doji in daily chart remains in play.
