
Tropical waves off the coast of Africa impact natural gas prices in the Gulf of Mexico. Forecasts of the progress of the path and strength of those storms move futures markets an ocean away. Market players with meteorological savvy can have a huge advantage in placing trades. BENTEK's
StorageCAST™ instantly levels the playing field by translating weather into natural gas storage balances.
Real-time, dynamically changing forecasts are instantaneously distilled into a storage injection and withdrawal number throughout the trading day. BENTEK’s proprietary technology is combined in models with five different weather forecasts – including Global Forecast System and the European Centre for Medium-Range Weather Forecasts – from Weather Insight in real-time. Every three minutes, 24 hours a day, seven days a week, BENTEK is updating its weather information, putting a storage number in your hands well before any other service.
Each of the five weather forecast models is fed through a proprietary BENTEK algorithm twice a day – generating a new storage estimate each time.
And, for you as a BENTEK subscriber, our analysts can answer any questions you may have.