Crude oil prices have ground lower in a highly volatile way since peaking in April 2024. Contributing to this volatility are the upcoming election, the Israel/Iran conflict, and Opec + flip-flopping from increasing production to not. The recent rally of the US dollar has not helped oil prices find much new buying. During these volatile times, using seasonality can offer a road map of what a market has typically done historically.
Will crude prices' dominant seasonal sell pattern work again this season?
