I trade mostly NG, CL (sometimes RBob). I am thinking about subscribing Platts's oil global alert. Anyone who subscribes and have opinion? Or any alternatives? Thank you
I'm not sure you understand what that product is. It's an incredibly expensive real-time system for physical oil traders.
That may be overkill, unless you are slinging around 100s of contracts and trading OTC and cash/physical as well. If you want integrated fundamental data, DTN ProphetX is pretty strong in this regard. Not sure how much it costs though. They do offer a free trial, and have specific energy platforms. I am not affiliated with this company and do not use the product, just saw it after a similar google search.
Take a look at xenith from www.metastock.com it is rebadged Reuters eikon for $150 a month. Also www.money.net also $150 a month.
Reuters eikon/ xenith is fundamental geopolitical news. They cover the oil market very well. You will get the inventory numbers for cl as a headline for example.
Eikon is from $600-$1,800 per month. It is not for the timid. I went through their trial, and while it is great for deep Holy-Shit-I-Am-A-Physical-Trader-In-Commodities trader, it is not for the average Joe Blow.