# Feature: Seasonality Makes Comeback Now Crude is Tighter | Energy Intelligence

> Energy Intelligence reports that global oil inventories are back near average five-year OECD levels and OPEC is close to its rebalancing goal. Seasonal factors are regaining influence as the market moves from spring into summer in the Northern Hemisphere.

- Date: 2018-04-10 · published 2018-04-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/65720-feature-seasonality-makes-comeback-now-crude-is-tighter-energy-intelligence
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

As the market becomes more sensitive to seasonal demand, crude price moves may track the summer driving season and refinery demand, which influences diesel costs for feed logistics.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7d4-de4c-a17b-e7d6866b0000

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.