11/10/2020

Oil prices with time

Out of curiosity I’ve downloaded historical data about oil prices.

Exploratory question

However I’ve noticed there is quite an interesting additional information in my data - Volume for the date of trade.

So I wanted to explore: Are there any relations between year-volume-price?

And here is my plot. I’ve split price into three baskets (low | mid | high) to highlight relation (if it exist).

Year Vs. Volume for oil trade