Demand, Supply and the Seasonality of Crude Oil

Bloomberg Markets and Finance published this video item, entitled “Demand, Supply and the Seasonality of Crude Oil” – below is their description.

The price movements of crude oil futures based on seasonality have been very clear over the last 20 years. However, a common misnomer is that seasonal moves are purely driven by demand surges, typically due to the summer driving season. How can traders take greater advantage of seasonal patterns by also evaluating supply factors? Presented by @CME Group: https://www.cmegroup.com/markets/microsuite.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights

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