Elliott Wave Update of Crude Oil – December 6th, 2023
Crude oil 's losing streak continues as the price is down for the seventh straight week. Is there any hope left for the bulls? Read in our latest Elliott Wave update.
Latest Elliott Wave analyses of Crude Oil. Crude oil prices are among the most important factors for the global economy and Elliott Wave analysis can show where they’re flowing.
Crude oil 's losing streak continues as the price is down for the seventh straight week. Is there any hope left for the bulls? Read in our latest Elliott Wave update.
The price of WTI crude oil fell for the fourth straight week as recession fears kept intensifying despite the expected Fed rate hike pause....
The price of WTI crude oil fell for the fourth straight week as recession fears kept intensifying despite the...
Crude oil is attempting to stage a recovery after last week's sharp plunge. Currently near $73 a barrel, a very clear pattern has emerged...
Crude oil is attempting to stage a recovery after last week's sharp plunge. Currently near $73 a barrel, a...
WTI crude oil plunged sharply last week after weak demand data and recession worries outweighed the effects of the OPEC+ production cuts. In today's...
WTI crude oil plunged sharply last week after weak demand data and recession worries outweighed the effects of the...
The price of WTI crude oil is crashing as concerns over the global economic outlook and rising interest rates outweigh tighter supply. Is there...
The price of WTI crude oil is crashing as concerns over the global economic outlook and rising interest rates...
WTI crude oil fell for the second week in a row despite the increasing amount of OPEC+ production cuts and the global economy's resiliency....
WTI crude oil fell for the second week in a row despite the increasing amount of OPEC+ production cuts...
Over three weeks ago, OPEC joined Russia’s 500,000 barrels per day decrease and announced significant oil production cuts of its own. The Organization of...
Over three weeks ago, OPEC joined Russia’s 500,000 barrels per day decrease and announced significant oil production cuts of...
WTI crude oil bears are trying to build on last week's weakness as recession worries outweigh China's recovery and the OPEC production cuts. Is...
WTI crude oil bears are trying to build on last week's weakness as recession worries outweigh China's recovery and...
Production cuts by OPEC and Russia, as well as China's economic revival still couldn't prevent WTI crude oil prices from falling last week. The...
Production cuts by OPEC and Russia, as well as China's economic revival still couldn't prevent WTI crude oil prices...
Despite the announced production cuts by OPEC and Russia, the price of crude oil is slowly losing ground and now on the verge of...
Despite the announced production cuts by OPEC and Russia, the price of crude oil is slowly losing ground and...
WTI crude oil notched up a fourth weekly gain in a row after lower-than-expected March inflation brightened the outlook for the economy and energy...
WTI crude oil notched up a fourth weekly gain in a row after lower-than-expected March inflation brightened the outlook...
WTI crude oil is still hovering above $80 a barrel following OPEC's surprise production cut announcement the other week. Can the price breach this...
WTI crude oil is still hovering above $80 a barrel following OPEC's surprise production cut announcement the other week....
WTI crude oil surged sharply after OPEC announced a surprise production cut of up to 1.2 million barrels a day starting in May. Thanks...
WTI crude oil surged sharply after OPEC announced a surprise production cut of up to 1.2 million barrels a...
OPEC's sudden production cut caught the market off guard and sent the price of crude oil surging sharply at the beginning of the week....
OPEC's sudden production cut caught the market off guard and sent the price of crude oil surging sharply at...
Lower-than-feared February inflation sparked optimism about a soft economic landing and therefore increased crude oil demand. Can the surge in WTI continue into April?...
Lower-than-feared February inflation sparked optimism about a soft economic landing and therefore increased crude oil demand. Can the surge...
Crude oil is up this week as expectations for a pause in rate hikes fuel hopes for an economic revival and stronger energy demand....
Crude oil is up this week as expectations for a pause in rate hikes fuel hopes for an economic...
A banking crisis, recession worries and another Fed rate hike couldn't prevent WTI crude oil from rising last week. Can the bulls keep pushing...
A banking crisis, recession worries and another Fed rate hike couldn't prevent WTI crude oil from rising last week....
WTI crude oil is up for the week so far as traders expect a less hawkish Fed later today to spark some optimism for...
WTI crude oil is up for the week so far as traders expect a less hawkish Fed later today...
The price of WTI crude oil fell last week after high February inflation and a string of US bank failures dimmed global economic outlook....
The price of WTI crude oil fell last week after high February inflation and a string of US bank...
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...
Crude oil dipped below $71 a barrel Tuesday. In today's Elliott Wave update we examine one of the possible...
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...
WTI crude oil dipped last week, but remained within the boundaries of the range it has been trading in...
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...
Jay Powell's hawkish comments in front of Congress raised fears that the Fed is going to cause a recession....
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 shot up last week after a sudden burst of optimism about China and...
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....
The price of WTI crude oil is up slightly this week after the bears failed again to breach the...
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 dipped below $74 a barrel last week before closing at exactly the same price level it...
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 is slowly losing ground as expectations for more rate hikes raise the probability of a recession...
WTI crude oil tumbled last week as the market prepares for another 26m barrels to be released from the US Strategic Petroleum Reserve. How...
WTI crude oil tumbled last week as the market prepares for another 26m barrels to be released from the...
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 bulls are so far failing to build on last week's surge. The price of WTI crude oil is...
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 surged sharply last week after Russia said it will cut production by 500k...
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 is up sharply so far this week with traders focusing on the global...
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...
The price of WTI crude oil fell sharply last week following another rate hike by the Fed and stronger-than-expected...
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