Latest WTI Crude Oil News

16 October WTI Elliott wave analysis
Oct 16, 2020
Amandeep Sonewane
Will WTI recovery be rejected at $42 if it gets there? The following 16 October WTI Elliott wave analysis shares some insights.
Oil has become volatile and currently trying to retrace downward. Can Oil Sustain Bullish Momentum Above $40 area?
Oil price has become indecisive and facing strong resistance around $43 area. Oil extremely volatile below $43 psychological level.
Oil has become volatile and indecisive but still maintain above $41 psychological area. Oil price declined as the U.S. and China relation turns worse.
oil is facing resistance at $21.50 per barrel, which indicates that the price may correct lower before proceeding further upside.
The Bank of China asks the Chicago-based CME to find out the reason for the unprecedented downfall of West Texas Intermediate (WTI), the US crude benchmark.
The price of bitcoin saw a correction below 7000 as the WTI crude oil futures dropped. Bitcoin barely flinched as negative oil prices sent shockwaves.
Oil hits 3-months high as the market mood improves. The US-China trade deal has been a major trigger. What should we expect in 2020?
Oil prices extend losses after fresh concerns on global growth. The following technical analysis is based on the Elliott wave theory.
Crude Oil resumes resurgence on Wednesday after an improved US inflation data. However, prices have continued in a sideway range in the last one week.