Global Seasonal Analysis is a monthly report that displays and analyzes annual, quarterly and monthly seasonal trends for 17 global asset prices including equities, benchmark interest rates, foreign exchange, and key commodity prices based on historical data going back to the 1950s.
The following is an excerpt from this month’s report.
Crude Oil Weekly Seasonal Pattern For Q1 Since 1977
The next chart breaks the seasonal pattern in crude oil prices down further, into a quarterly time frame via 13 weekly increments with January highlighted in green.
The chart shows that the first week of January is the seasonally strongest of the entire 1st Quarter, and that the second and third weeks of the month –the weeks of January 11th and 18th this year — are the 1st and 2nd weakest of the quarter.