A look into the Seasonality of oil prices | Blackbeard Data Analytics

Oil goes up and down, thrown about by supply, demand, OPEC, cold snaps, heat waves, threats of war or inflation. Everything seems to affect it. We thought it would be interesting to examine oil on its seasonality. All this is done in one graph. You can see the high, low, 95% percentiles, and how wildly it has spread through out each year. Data source: WTI price 1997-2022:: EIA

A look into the Seasonality of oil prices

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