Tag: CRUDE OIL PRICES

Crude oil is down so far this week and is already touching an important Fibonacci level. Is the price more likely to breach it...

Despite numerous objections by the U.S., OPEC+ decided to cut supply by 2m barrels a day, sending crude oil surging last week. While this...

Crude oil is up by over $10 a barrel over the past week and a half, just as the markets thought that the worst...

Crude oil has now fallen almost 40% from its March high. Last week saw an insignificant gain, but would that be enough to stop...

The key price level Elliott Wave analysis helped us identify is still intact and crude oil is moving according to plan. Where is the...

Crude oil prices fell below the $80 mark as recession fears outweigh the supply worries related to the Ukraine war. Down almost 40% already,...

Putin just announced a partial military mobilization, sending new chills through the energy markets. How is that going to affect the price of crude...

WTI crude oil prices tried to exceed the $90 mark again last week, but failed and closed below $85 a barrel. The key Elliott...

Although volatile, crude oil prices are hardly changed since the start of the week. In today's update we examine the most likely Elliott Wave...

Crude oil prices plunged below $81 a barrel last week, before recovering to the vicinity of $86. Where does this bounce fit into the...

OPEC+'s announced 100k barrels a day supply cut wasn't enough to stop the slide in crude oil prices. How low can they fall before...

What crude oil gained the other week, it lost last week. In this week's Elliott Wave analysis we examine the weekly, daily and 4h...

The initial surge above $97 a barrel proved to be short-lived and crude oil prices fell back into negative territory for the week so...

Crude oil jumped last week as the market looked forward to Iran's possible nuclear deal and OPEC production cuts. Can the rally continue as...

Crude oil rising on speculation that OPEC might cut production in response to Iran's possible return to the global oil scene. Are the bulls'...

On the back of economic recession worries, crude oil prices fell to pre-Ukraine war levels. Our Elliott Wave analysis examines weekly, daily and 4h...

In today's Elliott Wave update we take a look at crude oil 's 4-hour chart as well as the RSI indicator. Where does the...

In addition to the weekly, daily and 4-hour charts, this week's Elliott Wave analysis of crude oil includes an alternative daily count, as well....

Crude oil found support below $87 and has now recovered to the vicinity of $94. See what this means for its short-term Elliott Wave...

Contrary to common sense, crude oil is back to pre-Ukraine war levels, down almost $40 a barrel from its March high. Is a bullish...

Crude oil plunged sharply in the first week of August as recession fears intensified again. Is it really game over for the bulls and...

Crude oil is down sharply this week. Does this mean the downtrend has resumed? Where is the key price level we must pay close...

Crude oil finished last week about $3 per barrel higher, but the bulls were again discouraged by the $100 resistance level. Can they be...

Crude oil seems to be searching for a direction ahead of today's Fed rate hike. Geopolitics is also playing a key role in...

Crude oil finished the third week of July below $95 a barrel, at practically the same level it started it, despite initially exceeding the...

Just as the decline in energy prices gave us a little hope that inflation may ease a bit, crude oil suddenly jumped by over...

Crude oil plunged again last week as recession fears led to lower energy demand forecasts. Can we eventually see a new high or is...

Recession fears are pulling the price of crude oil down as a slowing economy and a resurgence in Covid cases are expected to reduce...

Crude oil fell sharply in the first week of July, but the support area of the low $90s stopped the bears in their tracks...

Crude oil sold off by more than 10% yesterday as the prospects of a global recession leads to energy demand fears, despite the ongoing...