Crude Oil

It seems odd that crude oil is falling at a time when there are two wars concerning multiple big oil exporting countries, but there...

Despite receiving help from the support at $82 a barrel, the bulls still couldn't save the week and crude oil closed the session in...

In a bearish reversal, which Elliott Wave analysis had prepared us for, the price of crude oil is down by nearly $5 a barrel...

After climbing to nearly $90 a barrel during the week, the price of crude oil dropped a bit to settle above $88 for the...

The price of WTI crude oil is up for the second week in a row, but can it breach the resistance near $89 or...

Crude oil surged sharply last week, opening with a gap to the upside as the market fears supply constraints due to the Israel-Hamas war....

The attack by Hamas on Israel sent shockwaves through the global energy markets. WTI crude oil is up sharply this week. Can it keep...

The price of crude oil plunged last week after US data showed weak gasoline demand. Is this just a dip to buy or the...

The price of crude oil is down this week as rising yields spark recession and energy demand fears. Is the uptrend still intact? Read...

WTI crude oil almost touched $95 a barrel last week, but the bulls couldn't maintain momentum and allowed a close below the $91 mark....

Crude oil is up this week as Russia's exports ban on diesel and gasoline puts another strain on global fuel supply. Has the uptrend...

Crude oil bears claimed their first weekly victory for the month after the bulls failed to breach the $93-$94 resistance area. Is a second...

The price of WTI crude oil is down for the week after it bumped into the strong resistance area near $93 a barrel. How...

WTI crude oil 's relentless rally continues for the fourth straight month in September as the price broke above the $90 mark last week....

In today's Elliott Wave update of WTI crude oil we examine the structure of the rally from $77.56 on the 1-hour chart. Is the...

WTI crude oil 's recovery continued last week as Russia and Saudi Arabia extended their production cuts through December. Does this mean it is...

Crude oil climbed to $88 a barrel yesterday as a soft landing scenario for the US economy looks increasingly likely to economists. Does this...

Crude oil surged sharply last week after inflation and labor market data implied that the US economy might be headed for a soft landing...

Ironically or not, crude oil rose after traders interpreted the weak labor market data, which implies a cooling economy, as a positive sign. What's...

WTI crude oil closed below the $80 mark last week. In today's Elliott Wave analysis we examine two alternative scenarios and identify the key...

The price of crude oil is on the verge of sliding below $79 a barrel as China demand worries intensified after weak economic data....

WTI crude oil 's winning streak came to an end last week after China demand worries resurfaced following weak economic data. Can the slide...

The price of crude oil is down by over $2 a barrel this week. In today's Elliott Wave update we examine the structure of...

OPEC's supply/demand forecast suggests the crude oil market is likely to remain tight for the rest of 2023 as the economy keeps growing. Does...

The price of crude oil is up for the seventh week in a row and is now approaching a critical level of resistance on...

The price of WTI crude oil surged for the sixth straight week, but will the bulls be able to breach the strong resistance near...

The price of crude oil is up after US inventory data showed robust demand. Isn't it too late to join the bulls, though? Read...

WTI crude oil closed above $80 a barrel for the first time since April last week and is now up almost 25% from its...

The price of crude oil was up by over $3 a barrel earlier this week as recession worries fade and Asian demand ramps up....

Crude oil closed in the vicinity of $77 a barrel last week as traders put recession worries aside and OPEC cuts begin to take...