Oil & Gas - Energy - Commodities - Resources (OILBRENT)

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Crude’s Worst Four Months: October to January
By: Almanac Trader | October 11, 2017

Based upon crude oil prices (near-term contract) since 1984, November is the worst performing month, down 21 times in 33 years with an average loss of 2.9%. October is nearly just as bad, down 20 times with an average decline of 2.4%. December and January are also losers on average, both down 16 times. These four consecutive months are crude oil’s “Worst Months.” The decline in price is usually the result of a decline in demand as the summer driving season has ended and a decline in demand from refineries that have already build up inventories of heating oil in preparation for winter.



http://jeffhirsch.tumblr.com/post/166301596163/crudes-worst-four-months-october-to-january

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