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YGRN - Oil Products Reflect Seasonal Factors - Marathon Petroleum In The Buy Zone
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
The driving season is the time of the year when demand for gasoline peaks in the United States. The peak season begins in late May each year. The gasoline futures market tends to move higher in the months leading up to the time when drivers put more clicks on their odometers and consume more of the fuel. Meanwhile, gasoline prices often move to the downside before the summer ends. Therefore, gasoline is a seasonal commodity.
When it comes to distillate products, seasonality has less of an impact on prices. The heating oil futures contract on