{"id":19183,"date":"2025-12-16T21:22:15","date_gmt":"2025-12-16T21:22:15","guid":{"rendered":"https:\/\/alchemymarkets.com\/?post_type=market_insights&#038;p=19183"},"modified":"2025-12-16T21:22:15","modified_gmt":"2025-12-16T21:22:15","slug":"crude-oil-lowest-price-58-months","status":"publish","type":"market_insights","link":"https:\/\/alchemymarkets.com\/it\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/","title":{"rendered":"Crude Oil: Lowest Price in 58 Months"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Executive Summary<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Crude oil has been declining since in a final terminal wave.<\/li>\n\n\n\n<li>Crude oil appears to be nearing the end of its 2-year ending diagonal pattern.<\/li>\n\n\n\n<li>Downside targets are between $49.00 &#8211; 54.20.<\/li>\n<\/ul>\n\n\n\n<p>Crude oil continues to drift lower as market participants anticipate a weaker economy and carry trade unwind with Japanese interest rates on the rise. The downside trend in Crude oil is mature and nearing completion.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Current Elliott Wave Analysis<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"794\" src=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/12\/USOIL_2025-12-16_15-04-06-1024x794.png\" alt=\"\" class=\"wp-image-19184\" srcset=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/12\/USOIL_2025-12-16_15-04-06-1024x794.png 1024w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/12\/USOIL_2025-12-16_15-04-06-300x232.png 300w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/12\/USOIL_2025-12-16_15-04-06-768x595.png 768w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/12\/USOIL_2025-12-16_15-04-06.png 1173w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>We are tracking a large 2-year ending diagonal pattern in Crude oil that began in September 2023. The ending diagonal is one of the five basic <a href=\"https:\/\/alchemymarkets.com\/education\/guides\/elliott-wave-theory\/\">Elliott wave patterns<\/a> and is shaped like a <a href=\"https:\/\/alchemymarkets.com\/education\/strategies\/falling-wedge-pattern\/\">falling wedge<\/a>.<\/p>\n\n\n\n<p>We previously forecasted this pattern in the <a href=\"https:\/\/alchemymarkets.com\/education\/market-insights\/quarterly-forecast\/gold-silver-copper-crude-oil-q4-2025\/\">Q4 Commodities forecast<\/a> as well as a follow up on it with <a href=\"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/crude-oil-maturing-pattern\/\">maturing Elliott wave pattern<\/a>.&nbsp;<\/p>\n\n\n\n<p>As Crude oil digs deeper into our target zone, it appears the price is in the final wave of the decline at four degrees of trend.&nbsp;<\/p>\n\n\n\n<p>Those degrees of trend include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Wave (C) of a bearish zigzag that began March 2022<\/li>\n\n\n\n<li>Wave 5 of the ending diagonal that began June 2025<\/li>\n\n\n\n<li>Wave ((y)) of 5 that began September 2025<\/li>\n\n\n\n<li>Wave (c) of ((y))<\/li>\n<\/ul>\n\n\n\n<p>I suspect today\u2019s new low is wave i of the smaller ending diagonal (c) of ((y)) of 5 of (C) .<\/p>\n\n\n\n<p>This implies a couple more jabs lower to finalize this pattern.<\/p>\n\n\n\n<p>I\u2019m refining the downside bottom to possibly reach $49.00 &#8211; $54.20 (yellow box). Include within this price zone are a couple of <a href=\"https:\/\/alchemymarkets.com\/education\/indicators\/fibonacci-extensions\/\">Fibonacci extension<\/a> levels.<\/p>\n\n\n\n<p>The next bullish trend is anticipated to be a booming rally that could last multiple years to a decade, consider it a commodity boom. It may be driven by high inflation or constrained supply as the world becomes addicted to energy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bottom Line<\/h2>\n\n\n\n<p>Crude oil appears to be nearing the end of a large ending diagonal pattern that began September 2023. We estimate a downside target, using Elliott wave principles, to be $49.00 &#8211;\u00a0 54.20.<\/p>\n\n\n\n<p>If Crude oil rallies above $63, then we\u2019ll begin to consider a MAJOR bottom may be in place.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discover the latest Crude Oil Elliott Wave analysis, including key resistance levels and price targets.<\/p>\n","protected":false},"author":160,"featured_media":19190,"parent":0,"comment_status":"open","ping_status":"closed","template":"","market_insights_categories":[16],"class_list":["post-19183","market_insights","type-market_insights","status-publish","has-post-thumbnail","hentry","market_insights_categories-elliott-wave"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crude Oil: Lowest Price in 58 Months - Alchemy Markets<\/title>\n<meta name=\"description\" content=\"Discover the latest Crude Oil Elliott Wave analysis, including key resistance levels and price targets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/alchemymarkets.com\/it\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crude Oil: Lowest Price in 58 Months - Alchemy Markets\" \/>\n<meta property=\"og:description\" content=\"Discover the latest Crude Oil Elliott Wave analysis, including key resistance levels and price targets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/\" \/>\n<meta property=\"og:site_name\" content=\"Alchemy Markets\" \/>\n<meta property=\"og:image\" content=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/12\/20251216_1508_Oil-Surplus-featured-image-1024x683.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minuti\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Crude Oil: Lowest Price in 58 Months - Alchemy Markets","description":"Discover the latest Crude Oil Elliott Wave analysis, including key resistance levels and price targets.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/alchemymarkets.com\/it\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/","og_locale":"it_IT","og_type":"article","og_title":"Crude Oil: Lowest Price in 58 Months - Alchemy Markets","og_description":"Discover the latest Crude Oil Elliott Wave analysis, including key resistance levels and price targets.","og_url":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/","og_site_name":"Alchemy Markets","og_image":[{"width":1024,"height":683,"url":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/12\/20251216_1508_Oil-Surplus-featured-image-1024x683.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Tempo di lettura stimato":"2 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/","url":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/","name":"Crude Oil: Lowest Price in 58 Months - Alchemy Markets","isPartOf":{"@id":"https:\/\/alchemymarkets.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/#primaryimage"},"image":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/#primaryimage"},"thumbnailUrl":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/12\/20251216_1508_Oil-Surplus-featured-image.png","datePublished":"2025-12-16T21:22:15+00:00","description":"Discover the latest Crude Oil Elliott Wave analysis, including key resistance levels and price targets.","breadcrumb":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/#primaryimage","url":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/12\/20251216_1508_Oil-Surplus-featured-image.png","contentUrl":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/12\/20251216_1508_Oil-Surplus-featured-image.png","width":1536,"height":1024},{"@type":"BreadcrumbList","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/crude-oil-lowest-price-58-months\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/alchemymarkets.com\/"},{"@type":"ListItem","position":2,"name":"Market Insights","item":"https:\/\/alchemymarkets.com\/education\/market-insights\/"},{"@type":"ListItem","position":3,"name":"Crude Oil: Lowest Price in 58 Months"}]},{"@type":"WebSite","@id":"https:\/\/alchemymarkets.com\/#website","url":"https:\/\/alchemymarkets.com\/","name":"Alchemy Markets","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/alchemymarkets.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"it-IT"}]}},"_links":{"self":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/market_insights\/19183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/market_insights"}],"about":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/types\/market_insights"}],"author":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/users\/160"}],"replies":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/comments?post=19183"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/media\/19190"}],"wp:attachment":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/media?parent=19183"}],"wp:term":[{"taxonomy":"market_insights_categories","embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/market_insights_categories?post=19183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}