Tag: OIL PRICES

The price of WTI crude oil keeps rising even as the economic outlook continues to deteriorate. In our latest Elliott Wave update we identify...

WTI crude oil rose 5.6% in June, but whether the bulls can deal with the resistance area they now face is an open question....

Despite US de-escalation efforts, WTI crude oil is rising again as Israel warns of a possible new war with Hezbollah in Lebanon. How much...

The price of WTI crude oil notched up another weekly gain, but Friday's dip came at a very interesting juncture. Find out why in...

The price of WTI crude oil has already reached the strong resistance area near $80-$81 a barrel. Can the bulls breach it and move...

WTI crude oil keeps recovering in June and is now approaching the strong resistance area near $80 a barrel. Can the bulls breach it,...

The price of WTI crude oil is up by over $3 a barrel this week as the bulls stage a recovery from three straight...

WTI crude oil fell last week after OPEC+ said it was going to start returning barrels to the market sooner than expected. Should traders...

The price of crude oil plunged sharply this week after OPEC+ said it was ready to start returning more barrels to the market in...

WTI crude oil fell for the second month in a row in May, 2024, as the slowing US economy outweighed the geopolitical tensions. Should...

In a recovery Elliott Wave analysis helped us to predict, WTI crude oil is up by over 3% this week. Are the bulls really...

The price of WTI crude oil fell again as expected last week before bumping into the strong support area around $76 a barrel. Can...

Last week's recovery in WTI crude oil didn't last as it only took the bears less than three full trading days to erase it...

WTI crude oil bulls managed to prevent a third weekly loss in a row by closing the session near $79.50 after finding support just...

The price of WTI crude oil is up slightly this week. Would the bulls be able to protect their fragile gains after today's all-important...

WTI crude oil was on the verge of rising above $80 last week, but closed the session just barely up, after the bulls lost...

WTI crude oil is down for the second week in a row and already approaching the support area near $77 a barrel. Can the...

In a move Elliott Wave analysis warned us about, WTI crude oil plunged by nearly 7% last week following a surprising inventory buildup. Should...

The price of WTI crude oil keeps falling in a bearish reversal, which Elliott Wave analysis helped us to predict in advance. Is it...

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...