Commentary
Below is a sample of a commodity report sing publicly available APIs from the EIA, NYMEX, and NOAA we provide a snapshot of the latest pricing and macro environment for WTI crude and HHUB (Natural Gas). Diving deeper, we use a simple key influencers model to draws on the relationships between commodity pricing and economic and weather related drivers. For instance, crude was found to have a strong correlation between crude inventories and price, while gas pricing was correlated. While other drivers where included in the analysis they were loosely related. Also there is still much to be explored how non-tangibles like consumer sentiment play a role.Â
Since key influence tools are not available in a "Publish to Web" capacity we have provided screen shots below of a simple pricing model that takes into account economic and weather drivers to impact price.
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