Every week Natural gas has an inventory data which have a significant impact on the oil market and its prices. Here are some key points to understand the impact of natural gas inventory:
In order to check the Natural oil news or inventory data you can check https://in.investing.com/commodities/natural-gas-news or https://www.forexfactory.com/calendar
Natural gas inventory generally comes every week on Thursday at 8:00 p.m. IST, but during the sun outage timing the inventory data come Thursday 9:00 pm IST
In energy product natural gas is very familiar for volatility, so most traders like to trade in natural product.
If natural gas inventory data declines, then the price will shoot up due to an increase in demand; if data inclines, then the price will move down due to an increase in supply.
It is important to note that natural gas inventory levels are typically reported on a regular basis by government agencies, such as the U.S. Energy Information Administration (EIA) in the United States. Traders, analysts, and market participants closely monitor these reports to gauge market conditions and make informed trading decisions.
MCX natural gas inventory time
This strategy can give you consistent profit. The risk is 1–1.5% and the reward is 1–1.5% on capital, whichever comes first.