Would you like to find the future prices of natural gas? Well… using this API will be much easier and simpler. But don’t worry, in this post, we will teach you absolutely everything you need to know. And in case you did not know, it is the best Natural Gas price API.
Just like any chemical compound, natural gas has certain characteristics that define it and are its own. It is mainly composed of Methane. Natural gas is 35% to 40% lighter than air, which means that it dissipates into the atmosphere in the event of a leak, reducing the danger of an explosion. In its original state, natural gas is tasteless, colorless and odorless, that is, it has no taste, color or smell. For this reason, a compound is added: Mercaptan, which allows people with a normal sense of smell to detect its presence. Natural gas does not cause poisoning when inhaled.
Furthermore, natural gas has a very limited flammability range, since at concentrations in air, below 4% and above about 14%, it will not ignite. In addition, its high ignition temperature and limited flammability range reduce the possibility of an accidental fire or explosion. On the other hand, the complete combustion of a cubic meter of natural gas generates around 9,300 kilocalories.
If you want to get the prices of this commodity, it is important that you decide to bet on the futures market and not the spot. As you know, the war between Russia and Ukraine and the economic sanctions on one of the largest gas exporters in the world brought many problems to the governments of the world. For this reason, many entrepreneurs say they trust this market to avoid losses. But above all, many rely on Commodities-API.
Learn how to obtain futures prices of Natural Gas with Commodities-API!
You have come to the proper place if you’re looking to get natural gas futures rates! This is because one of the most crucial commodities trading tools in the world is Commodities-API. You may get the futures prices of any commodity, such as wheat, corn, crude oil, natural gas, or whatever you require, thanks to its great service. This API collects price data every minute from over 15 trustworthy data sources, including banks and financial institutions, which attest to the accuracy of the data. Additionally, commodity information is provided in real-time with a frequency of up to 60 seconds and a precision of 2 decimal places. Even the respected CME Group and Euronext, are one of its sources!
Follow these instructions and everything will work out perfectly!
1. To generate the API key, go to www.commodities-API.com.
2. Register and select a plan from the options. At the moment, it offers three plans. The last two options have monthly costs that range from $15 to $50.
3. Locate the natural gas and choose the legal tender in which you wish to view the prices.
4- Make the API Call after choosing. In this way, you will obtain the future prices of natural gas.
5-JSON or PHP are available as choices for programming languages.
Doubts? Questions? To contact a Commodities-API advisor, use the virtual chat. Alternatively, you can email [email protected]. The typical response time for urgent requests is a few minutes.
Also published on Medium.