Oil & Gas
Trade WTI/Brent, gasoline, and natural gas with awareness of fundamentals, seasonality, and inventory cycles.
Key drivers
- EIA weekly inventory & production data
- OPEC decisions and supply shocks
- Seasonality (driving/heating demand)
Products
- Crude oil (CL/BRN) and refined products (RB/HO)
- Natural gas (NG) with high volatility profile
- ETFs/ETNs for equity-based exposure
Risk notes
- Manage gap risk around scheduled reports
- Use defined risk or smaller size on events
- Consider calendar spreads for term structure