Tag: OIL PRICES

Crude oil spiked last week on fears that Israel's strikes against military targets in Iran would ignite an all-out war in the Middle East....

WTI crude oil exceeded $66 a barrel yesterday, but the bulls have yet to decisively breach that resistance level. Are the odds in their...

WTI crude oil rose more than 6% last week on trade deal hopes and strong jobs data. In today's Elliott Wave analysis we discuss...

Crude oil is up this week as traders gave priority to Ukraine's strikes deep into Russia over OPEC's July production increase. The price continues...

Crude oil fell last week on expectations that OPEC+ would vote to boost July production beyond previous forecasts. Sell the rumor, buy the news?...

It's been a calm week for crude oil as Trump says the Iran nuclear talks are showing "real progress." Could this be the calm...

WTI crude oil rose above $64, then barely held above $60 a barrel last week, before closing near $61.70 for the weekend. In today's...

WTI crude oil is up for the third week in a row, but how much further can the price rise, before bumping into resistance?...

Crude oil rose for the second straight week on hopes that the US economy would manage to avoid recession in the face of tariffs....

WTI crude oil is up again this week on hopes that the US-China tariffs reduction could help the economy narrowly avoid a recession. Is...

The price of crude oil rose on US-China trade deal hopes despite OPEC's decision to increase production. Can the bulls be relied on and...

WTI crude oil has entirely recovered from this week's initial fall following OPEC's production increase decision. This rally might seem illogical, but it makes...

In this analysis we examine the weekly, daily and 4h charts of WTI crude oil to determine what to expect in May after the...

WTI crude oil is down 6% this week as traders brace for the economic fallout from Trump's tariffs. Here is how this slide fits...

WTI crude oil dipped on oversupply fears last week as the US-China trade war threatens to slow down the global economy. Can the bulls...

The price of WTI crude oil is trying to build on its recovery from just above $55 a barrel on hopes of a trade...

WTI crude oil is up by almost 17% from this month's low near $55 a barrel as the US tightens its sanctions grip on...

WTI crude oil is showing signs of weakness again as the bulls' hopes rest in the support near $60. Is it a reliable one,...

Despite the recovery in the second half of last week, WTI crude oil is still down 14% in April as Trump's trade war threatens...

Elliott Wave analysis had been warning us about a crude oil drop below $60 ever since it was in the mid-$80s. With the price...

The stock market wasn’t the only place that took a hit following Trump’s global tariffs announcement. Trade barriers of any kind are known to...

WTI crude oil fell to lows last seen in 2021 after Trump's tariffs threatened to drag the global economy into recession. Is the support...

In today's Elliott Wave update of crude oil we discuss the clear trading setup, which has emerged on the hourly chart.

Friday's drop didn't prevent WTI crude oil from making its third straight weekly gain. In today's Elliott Wave analysis we discuss if the winning...

In today's Elliott Wave update we discuss if the recent gains can last as WTI crude oil is trading in the green for the...

WTI crude oil gained more than a dollar a barrel last week following new military strikes in the Middle East. How much further can...

Crude oil's gains following Trump's retaliation against the Houthis and Israel's new attack in Gaza quickly evaporated. In today's update we put the recent...

Neither bulls nor bears achieved much in WTI crude oil last week as the price remains stuck in the $67-$65 support area. Should we...

WTI crude oil bears are on the front foot for the 8th straight week, but they have yet to breach the support near $65...

WTI crude oil's seventh straight week in the red saw the price tumbling 4.2% as the US economy shows signs of weakness. Can the...