Updata has added storage data from the Energy Information Administration (EIA) to its technical analysis platform, thereby allowing charting and analysis of this fundamental information.
The weekly EIA Oil & Gas storage data is now automatically available in their Updata EnergyFeed and is aimed specifically at their energy clients. The service was originally built for the needs of Blacklion Capital Management based in Dallas, Texas, who helped Updata specify the critical data required for analysing energy fundamentals.
According to Brent Berarducci of Blacklion Capital Management, having this data automatically available within Updata allows users to “carry out deeper analytics… of the changing energy fundamentals picture each week.”
See Updata’s demo video re their EIA storage data.