If you want to obtain hourly natural gas prices in the commodity market, then you should take a look at this platform.
Natural gas is a blend of four naturally occurring gases, each with its own molecular structure. This mixture contains mostly methane, which accounts for 70-90 percent of natural gas, as well as ethane, butane, and propane. These gases are the result of compacted heat and pressure from dead creatures that have been buried for millions of years deep under the Earth’s surface.
Natural gas is an excellent natural energy source that offers benefits over other energy sources such as lower impurities, less chemical complexity, less pollution from burning, and lower carbon dioxide emissions than other energy sources. It is also readily available for extraction. When natural gas is recovered, it is mixed with a liquid known as crude oil and converted into usable energy. Because it is utilized every day, its output expands year after year.
If you invest in this type of commodity, you should be aware of how important it is to stay ahead of everyday price changes. This could be the event that causes your assets’ trajectory to change. You may end up with terrible results and lose money if you do not watch the commodity and see how it performs in the market.
In these terms, you should definitely use an API if you wish to acquire hourly natural gas rates.
How does an API work?
An API is a programmatic interface for retrieving data from a location and delivering it to you instantly. This allows you and your customers to keep track of hourly natural gas pricing at any time.
To obtain access to this, you’ll need to identify applicable software that has an API for tracking commodity prices. This may be a difficult task because not all software is made equal and may be unable to offer you the information you require.
In this way, there is an amazing platform that could satisfy your expectations: Commodities-API, one of the most effective and comprehensive commodities rate tools currently available, to save time and effort. This platform supports rice, wheat, coffee, corn, sugar, natural gas, Brent crude oil, WTI crude oil, soybeans, gold, silver, and a variety of other commodities.
Why Commodities-API?
Commodities-API began as a straightforward, lightweight Open-Source API for current and historical commodity rates from banks and stock exchanges. This API can give hourly commodity prices with a two-decimal-point precision and a 60-second frequency. Delivering exchange rates for virtually any commodity, precious metals, converting single currencies, returning Time-Series data, and volatility data are just a few of the features.
Additionally, this program receives data from banks and the stock market via an API, making it entirely reliable. The data is then presented with two decimal places of precision and can be modified to JSON, PHP, and Python. Commodities-API also uses bank-grade 256-bit SSL encryption to secure your connection.
How does it work?
To obtain hourly natural gas rates, you must complete the following:
- Visit get started, go to www.commodities-API.com. After that, you’ll have your personal API key.
- Look for your preferred natural gas (NG) and money symbols.
- Add the commodity and money to the dashboard using these icons. Make the API call once you’ve decided on them.
- The website will offer an API in a variety of programming languages that you can modify, use, and adapt as needed.
Also published on Medium.