Elliott Wave Update of Crude Oil – January 10th, 2024
WTI crude oil is down this week after Saudi Arabia resorted to price cuts to reign in disobedient OPEC members. Should we expect more...
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.
WTI crude oil is down this week after Saudi Arabia resorted to price cuts to reign in disobedient OPEC members. Should we expect more...
WTI crude oil is down this week after Saudi Arabia resorted to price cuts to reign in disobedient OPEC...
The price of WTI crude oil climbed last week as the resilient US labor market and the situation in the Red Sea kept traders...
The price of WTI crude oil climbed last week as the resilient US labor market and the situation in...
At a time when even a war in the Middle East and massive OPEC cuts cannot move crude oil prices up, the only thing...
At a time when even a war in the Middle East and massive OPEC cuts cannot move crude oil...
WTI crude oil seemed to be on its way to the $100 mark at one point in 2023, only to finish the year barely...
WTI crude oil seemed to be on its way to the $100 mark at one point in 2023, only...
The price of WTI crude oil is up for the third week in a row in a recovery, which Elliott Wave analysis helped us...
The price of WTI crude oil is up for the third week in a row in a recovery, which...
WTI crude oil finished higher for the second straight week as the Houthis attacks on ships in the Red Sea led to concerns about...
WTI crude oil finished higher for the second straight week as the Houthis attacks on ships in the Red...
WTI crude oil is rising in a natural recovery, which Elliott Wave analysis had warned us about in advance. Where is the price headed...
WTI crude oil is rising in a natural recovery, which Elliott Wave analysis had warned us about in advance....
The support near $68 a barrel spoiled the bear party and sparked a recovery to over $72 in the price of WTI crude oil...
The support near $68 a barrel spoiled the bear party and sparked a recovery to over $72 in the...
Despite OPEC's best efforts to boost the price, WTI crude oil keeps plunging on soft demand and oversupply fears heading into 2024. Is there...
Despite OPEC's best efforts to boost the price, WTI crude oil keeps plunging on soft demand and oversupply fears...
WTI crude oil added a seventh straight week to its losing streak despite OPEC's efforts to boost prices by promising to cut supply in...
WTI crude oil added a seventh straight week to its losing streak despite OPEC's efforts to boost prices by...
Crude oil 's losing streak continues as the price is down for the seventh straight week. Is there any hope left for the bulls?...
Crude oil 's losing streak continues as the price is down for the seventh straight week. Is there any...
The bulls fought a good fight, but still couldn't prevent WTI crude oil from extending its losing streak to six weeks in a row....
The bulls fought a good fight, but still couldn't prevent WTI crude oil from extending its losing streak to...
The price of crude oil is up in anticipation of OPEC's meeting on November 30th as traders bet on prolonged supply cuts. In our...
The price of crude oil is up in anticipation of OPEC's meeting on November 30th as traders bet on...
November is shaping up as another bad month for crude oil bulls as the price fell in each of the four weekly trading sessions...
November is shaping up as another bad month for crude oil bulls as the price fell in each of...
WTI crude oil is up this week as traders brace for additional production cuts to be announced at OPEC's meeting over the weekend. How...
WTI crude oil is up this week as traders brace for additional production cuts to be announced at OPEC's...
Crude oil finished in the red for the fourth straight week on weak economic data from the US and Asia and abundant inventories. This...
Crude oil finished in the red for the fourth straight week on weak economic data from the US and...
The price of any commodity, crude oil included, is determined by the balance or imbalance between supply and demand. This year, there have been...
The price of any commodity, crude oil included, is determined by the balance or imbalance between supply and demand....
WTI crude oil is up this week on bets that the economy might avoid a recession following lower than expected October inflation. In today's...
WTI crude oil is up this week on bets that the economy might avoid a recession following lower than...
The decline in crude oil intensified last week and the price was briefly down by $20 a barrel from its late-September peak at $95....
The decline in crude oil intensified last week and the price was briefly down by $20 a barrel from...
WTI crude oil is down sharply for the third week in a row following a string of reports showing the economy might be slowing....
WTI crude oil is down sharply for the third week in a row following a string of reports showing...
It was a volatile week for WTI crude oil, in which it looked like the price was going to find a bottom, but eventually...
It was a volatile week for WTI crude oil, in which it looked like the price was going to...
It seems odd that crude oil is falling at a time when there are two wars concerning multiple big oil exporting countries, but there...
It seems odd that crude oil is falling at a time when there are two wars concerning multiple big...
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...
Despite receiving help from the support at $82 a barrel, the bulls still couldn't save the week and crude...
In a bearish reversal, which Elliott Wave analysis had prepared us for, the price of crude oil is down by nearly $5 a barrel...
In a bearish reversal, which Elliott Wave analysis had prepared us for, the price of crude oil is down...
After climbing to nearly $90 a barrel during the week, the price of crude oil dropped a bit to settle above $88 for the...
After climbing to nearly $90 a barrel during the week, the price of crude oil dropped a bit to...
The price of WTI crude oil is up for the second week in a row, but can it breach the resistance near $89 or...
The price of WTI crude oil is up for the second week in a row, but can it breach...
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....
Crude oil surged sharply last week, opening with a gap to the upside as the market fears supply constraints...
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 attack by Hamas on Israel sent shockwaves through the global energy markets. WTI crude oil is up sharply...
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 plunged last week after US data showed weak gasoline demand. Is this just a...
The price of crude oil is down this week as rising yields spark recession and energy demand fears. Is the uptrend still intact? Read...
The price of crude oil is down this week as rising yields spark recession and energy demand fears. Is...
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