Seasonality of WTI Crude Oil Futures

Summary WTI Crude Oil futures is currently priced around the 30-year average. This makes the market on par with the longer-term average of the front-month futures contract. The 30-, 15- and five-year seasonality averages of WTI Crude Oil front-month futures show declines in the second half of the year. The seasonality data offers evidence for crude oil to form a long-term bottom. Earlier this year, crude oil bounced off its multi-year low, and many market participants are now  READ MORE   _____________________________________ Mark Shore Shore Capital Research LLC Alternative Investment Research & Consulting http://www.shorecapmgmt.com https://twitter.com/shorecap http://www.linkedin.com/in/shorem   Decoding the Myths…

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