Based upon crude oil prices (near-term contract) since 1984, November is the worst performing month, down 21 times in 33 years with an average loss of 2.9%. October is nearly just as bad, down 20 times with an average decline of 2.4%. December and January are also losers on average, both down 16 times. These four consecutive months are crude oil’s “Worst Months.” The decline in price is usually the result of a decline in demand as the summer driving season has ended and a decline in demand from refineries that have already build up inventories of heating oil in preparation for winter.
Dont Forget To Subscribe To Our YouTube Channel!
Sign Up Here: http://www.youtube.com/mrtopstepgroup