Introduction
Oil markets are once again in focus.
Short-term volatility and headlines dominate the narrative, but beneath the surface, a much larger structure may be unfolding.
From a technical perspective, crude oil appears to be approaching a critical multi-year inflection point — one that could define the next major cycle.
This is not about short-term price fluctuations.
This is about structure.
Chart: Monthly Elliott Wave Structure – Crude Oil



