Dear Steemit friends,
Do you know that crude oil consumption in the US follows a seasonal pattern? Generally, consumption in higher in winter and summer, while in spring and autumn it is lower.
Awareness about this seasonality might be useful in preparing yourself for a potentially nice investment in crude oil. No rush! We still have time until November or so. As I show in this video, I expect crude oil price to decline over the next few months until winter heating season starts.
Much more details on the technical analysis of crude oil price in the video. Let me know what you think in the comments here or on Youtube.
Thanks for the relatively detailed analysis of price and seasonality in consumption.
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nice content keep it uo alltime bro
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