Crude Oil

The price of WTI crude oil fell last week after high February inflation and a string of US bank failures dimmed global economic outlook....

Crude oil dipped below $71 a barrel Tuesday. In today's Elliott Wave update we examine one of the possible paths the price can take...

WTI crude oil dipped last week, but remained within the boundaries of the range it has been trading in since late-2022. In this week's...

Jay Powell's hawkish comments in front of Congress raised fears that the Fed is going to cause a recession. WTI crude oil dropped as...

The price of WTI crude oil shot up last week after a sudden burst of optimism about China and the world economy led to...

The price of WTI crude oil is up slightly this week after the bears failed again to breach the support area in the mid-$70s....

WTI crude oil dipped below $74 a barrel last week before closing at exactly the same price level it had closed the week before....

WTI crude oil is slowly losing ground as expectations for more rate hikes raise the probability of a recession and therefore lower energy demand....

WTI crude oil tumbled last week as the market prepares for another 26m barrels to be released from the US Strategic Petroleum Reserve. How...

The bulls are so far failing to build on last week's surge. The price of WTI crude oil is down after bumping into the...

The price of WTI crude oil surged sharply last week after Russia said it will cut production by 500k barrels a day starting in...

The price of WTI crude oil is up sharply so far this week with traders focusing on the global economy's improving outlook and China's...

The price of WTI crude oil fell sharply last week following another rate hike by the Fed and stronger-than-expected jobs data. Can a bullish...

WTI crude oil dropped below $77 a barrel yesterday, but the bulls quickly recouped their losses and are now knocking on $80 again. Can...

After two consecutive weekly gains, WTI crude oil bulls decided to take a break and allowed the price to drop below the $80 mark...

The price of WTI crude oil bumped into the resistance area near $83 a barrel and dipped back below the $80 mark this week....

The price of WTI crude oil added another dollar and a half a barrel last week as global economic prospects kept brightening. Can the...

WTI crude oil is rising as economists and bankers alike started sounding a lot more optimistic about the global economy. How high can the...

WTI crude oil prices rose in the second week of 2023, as brightening economic prospects fueled by slowing inflation led to demand optimism. Can...

WTI crude oil is up slightly this week, but can the recovery continue or should we expect a new low? In today's Elliott Wave...

WTI crude oil plunged in the first week of 2023 as traders focused on China's messy reopening rather than on the prospects for a...

Crude oil is tumbling at the start of 2023 as persistent worries about the global economy falling into recession weigh on the price. In...

Despite the worsening Covid-19 situation in China, which threatens to put another dent in the global economy, crude oil rose last week. Can the...

WTI crude oil started the week after Christmas on a positive note, climbing above $81 a barrel, but quickly lost momentum and is now...

Recession worries and China's Covid debacle proved insufficient to prevent WTI crude oil from gaining almost $5 a barrel last week. What does this...

In today's Elliott Wave update of WTI crude oil we identify the two key price levels to keep an eye on for trading purposes....

WTI crude oil is still locked between two key price levels that would determine whether it is going to $100 or $50 a barrel....

WTI crude oil is up so far this week after falling inflation in November gave investors hope that the Fed might soon pivot. If...

The price of WTI crude oil was down by almost $10 a barrel at one point last week as the price cap on Russian...

The price cap on Russian crude oil introduced by the collective West as a response to Russia's invasion of Ukraine is dragging the entire...