Tag: OIL PRICES

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...

WTI crude oil prices rose last week after US inventories fell more than expected. Can the recovery continue and how high is it going?...

WTI crude oil remains stuck in a narrowing range around the $72 a barrel mark. Can we expect a breakout soon and in what...

Even fresh attacks by the Houthi rebels in the Red Sea and a military response by the West couldn't produce a positive weekly close...

WTI crude oil is down this week after Saudi Arabia resorted to price cuts to reign in disobedient OPEC members. Should we expect more...

The price of WTI crude oil climbed last week as the resilient US labor market and the situation in the Red Sea kept traders...

At a time when even a war in the Middle East and massive OPEC cuts cannot move crude oil prices up, the only thing...

WTI crude oil seemed to be on its way to the $100 mark at one point in 2023, only to finish the year barely...

The price of WTI crude oil is up for the third week in a row in a recovery, which Elliott Wave analysis helped us...

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 is rising in a natural recovery, which Elliott Wave analysis had warned us about in advance. Where is the price headed...

The support near $68 a barrel spoiled the bear party and sparked a recovery to over $72 in the price of WTI crude oil...