Bloomberg News
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Seasonality Impacts Commodity Pricing Including Crude Oil
Posted
September 16, 2019
Views
1,266
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12
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1.03%
September 16, 2019
1,266
12
1
1.03%
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0:59Now PlayingCommodity prices are often impacted by seasonality, with crude oil being no exception. With 71% of crude oil dedicated to gasoline production and 80% of that gasoline production centered on the Northern Hemisphere, seasonal driving habits and weather in the U.S. can have a big impact on crude oil prices. Insights via @CMEGroup
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