Crude Oil

The price of WTI crude oil gained last week even as Q1 GDP data showed that the economy decelerated sharply amid stubbornly elevated inflation....

WTI crude oil is up, but it won't hurt for traders to look at its Elliott Wave patterns before concluding that the bulls are...

WTI crude oil dropped by more than $3 a barrel last week, despite ever-present tensions in the Middle East and persistent US inflation. Can...

Iran's attack on Israel didn't cause the crude oil price spike many had feared in a sign that the bulls may not be as...

WTI crude oil fell last week despite US intelligence's warnings that Iran is preparing to launch a major offensive against Israel. In today's Elliott...

The price of WTI crude oil is down this week as Gaza peace negotiations seem to be making progress. There are Elliott Wave forces...

Tight inventories, prolonged OPEC supply cuts and rising Middle East tensions are starting to fuel a relentless rise in WTI crude oil. In today's...

The price of WTI crude oil is now bumping into a strong triple resistance. Can the bulls break it? This is what Elliott Wave...

The price of WTI crude oil rose for the third straight month in March as inventories remained tight and the economy resilient. Should we...

The price of crude oil is mostly unchanged since the start of the week, but the little it did do allows us to further...

Despite Jay Powell's near-promise that rate cuts are coming as soon as June, the price of WTI crude oil lost its initial momentum last...

Bulls and bears are bumping heads in a critical price area right now. In today's Elliott Wave update of crude oil we identify the...

The price of WTI crude oil surged last week after the IEA increased its demand forecast, while inventories surprisingly fell. Is this a good...

Three days into this week, the price of WTI crude oil has barely moved. Is this the new normal or the calm before the...

WTI crude oil bulls failed to achieve a meaningful breakout above the $80 resistance area again last week. Is there still hope or should...

The resistance near $80 a barrel once again proved unbreakable for WTI crude oil. Should we expect a decisive breakout or is a selloff...

WTI crude oil surged past the $80 a barrel mark last week as traders brace for the OPEC+ decision on second quarter supply agreements....

WTI crude oil recouped all of last week's losses as traders expect a strong PCE index reading to show that the economy remains resilient....

In today's Elliott Wave analysis of crude oil we examine what to make of the bulls' indecisiveness in the face of the resistance near...

The resistance area just under $80 a barrel is proving to be a tough nut to crack for WTI crude oil bulls. Can they...

The 2024 recovery in the price of WTI crude oil continued last week as the bulls added another 2.1% to their winning streak. A...

CPI for January pictured a strong US economy and helped WTI crude oil bulls to conquer $78 a barrel yesterday. How high can they...

WTI crude oil surged sharply last week as the EIA expects US production to flatline this year. How high can the price go before...

In today's additional WTI crude oil update we examine how does this week's price surge fit into the bigger Elliott Wave pattern.

WTI crude oil is trying to regain some of the ground it lost in last week's selloff, but can the bulls really be relied...

Funny how fresh data indicating a strong economy caused WTI crude oil to fall on fears of a weak economy due to postponed rate...

WTI crude oil is down this week, but still on track to close the month of January in positive territory. Can the bulls breach...

Last time we showed you how Elliott Wave analysis warned us in advance about the crude oil price crash, which took place between mid-October...

WTI crude oil surged by nearly $5 a barrel last week in a recovery, which Elliott Wave analysis helped us to predict much earlier....

WTI crude oil has been going according to the Elliott Wave plan for months now. What does it have in store for the price's...