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Seasonality

WTI Crude Oil

CL=F · daily history 2000-08-232026-08-27

August avg return (15y)

-1.2%

month-over-month, n = 15 years

August positive-close prob. (15y)

46.7%

share of those years the month closed positive

Years in 15y sample

15

complete calendar years

Strongest month (15y)

3.4%

May

Window15 complete calendar years in sample

Seasonal path

Average cumulative return through the year (blue, 15-year window), each year indexed to its own first session, with 2026 so far overlaid in amber.

Monthly averages

Average month-over-month return by calendar month (positive blue, negative amber), with the positive-close probability labelled above each bar.

Bars: average month-over-month return (15-year window). Labels above each bar: positive-close probability (share of those years the month closed positive).

Monthly table

Every calendar month over the 15-year window. Sortable by average return or positive-close probability.

Monthn years
January1.70%53.3%15
February2.08%66.7%15
March-1.47%53.3%15
April2.84%60.0%15
May3.39%46.7%15
June2.76%60.0%15
July-0.85%60.0%15
August-1.17%46.7%15
September-1.45%33.3%15
October-0.89%46.7%15
November-2.91%40.0%15
December0.62%53.3%15