|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:50 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$1.789
|
$1.837
|
-2.61%
|
-$0.048
|
34,773
|
|
|
|
WTI
|
$84.96
|
$83.71
|
1.49%
|
$1.25
|
85,498
|
|
|
|
Brent
|
$88.59
|
$87.42
|
1.34%
|
$1.17
|
9,887
|
|
|
|
ULSD
|
$2.671
|
$2.627
|
1.67%
|
$0.044
|
10,295
|
|
|
|
RBOB
|
$2.733
|
$2.710
|
0.86%
|
$0.023
|
6,907
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$4.62
|
$4.60
|
0.43%
|
$0.02
|
Jun-24
|
|
|
|
3:2:1 Crack
|
$29.11
|
$29.01
|
0.34%
|
$0.10
|
May-24
|
|
|
|
PJM West Spark
|
$33.72
|
$32.12
|
5.00%
|
$1.61
|
May-24
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
03/28/24
|
621
|
-3
|
-134
|
04/01/23
|
|
|
|
Canada
|
03/28/24
|
151
|
-18
|
12
|
04/01/23
|
|
|
|
International
|
Feb
|
958
|
-7
|
43
|
Feb
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 3/26/2024
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
96,286
|
95,839
|
95,931
|
-92
|
|
|
|
PJM West Off Peak
|
85,289
|
84,944
|
85,033
|
-89
|
|
|
|
Natural Gas Henry Hub
|
384,249
|
361,990
|
371,429
|
-9,439
|
|
|
|
WTI – Light Sweet Crude Futures
|
164,232
|
141,340
|
127,354
|
13,986
|
|
|
|
Brent Crude Last Day
|
123,664
|
114,461
|
115,377
|
-916
|
|
|
|
NYM Ethanol
|
47,616
|
46,897
|
47,247
|
-350
|
|
|
|
Mt Belvieu LDH Propane Swap
|
163,239
|
161,973
|
162,771
|
-798
|
|
|
|
RBOB
|
386,461
|
358,565
|
370,978
|
-12,413
|
|
|
|
HSC Basis
|
818,793
|
809,629
|
810,799
|
-1,170
|
|
|
|
|
|
|
|
|
|
|
|
|
EIA Short Term Energy Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2021
|
2022
|
2023projected
|
2024projected
|
|
|
|
Brent
|
$70.89
|
$100.94
|
$84.09
|
$94.91
|
|
|
|
Gasoline
|
$3.02
|
$3.97
|
$3.62
|
$3.69
|
|
|
|
Crude Oil Production
|
11.27
|
11.91
|
12.92
|
13.12
|
|
|
|
Natural Gas Spot
|
$3.91
|
$6.42
|
$2.61
|
$3.23
|
|
|
|
LNG Exports
|
9.76
|
10.59
|
11.62
|
13.15
|
|
|
|
|
|
|
|
|
|
|
|
|
Electrical Generation %
|
2021
|
2022
|
2023projected
|
2024projected
|
|
|
|
Natural gas
|
37.00%
|
39.00%
|
42.00%
|
41.00%
|
|
|
|
Coal
|
23.00%
|
20.00%
|
16.00%
|
15.00%
|
|
|
|
Renewables
|
20.00%
|
22.00%
|
22.00%
|
25.00%
|
|
|
|
Nuclear
|
20.00%
|
19.00%
|
19.00%
|
20.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Short Term Energy Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EIA Lower 48 Natural Gas Storage
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/22/19
|
|
|
|
|
|
3/22/24
|
3/15/24
|
Net Change
|
% Change
|
3/24/23
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
387
|
406
|
-19
|
-4.68%
|
343
|
12.83%
|
305
|
26.89%
|
|
|
|
Midwest
|
528
|
551
|
-23
|
-4.17%
|
437
|
20.82%
|
376
|
40.50%
|
|
|
|
Mountain
|
166
|
166
|
0
|
0.00%
|
82
|
102.44%
|
87
|
89.93%
|
|
|
|
Pacific
|
223
|
216
|
7
|
3.24%
|
73
|
205.48%
|
146
|
52.95%
|
|
|
|
South
|
991
|
993
|
-2
|
-0.20%
|
917
|
8.07%
|
711
|
39.42%
|
|
|
|
Salt
|
294
|
300
|
-6
|
-2.00%
|
262
|
12.21%
|
210
|
40.00%
|
|
|
|
Non_Salt
|
698
|
694
|
4
|
0.58%
|
655
|
6.56%
|
501
|
39.38%
|
|
|
|
Total
|
2,296
|
2,332
|
-36
|
-1.54%
|
1,853
|
23.91%
|
1,625
|
41.29%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/1/24
|
3/28/24
|
% Change
|
Change
|
3/1/24
|
% Change
|
3/31/23
|
% Change
|
|
|
|
PJM West On Peak
|
May-24
|
$37.55
|
$36.05
|
4.16%
|
$1.50
|
$36.05
|
4.16%
|
$43.20
|
-13.09%
|
|
|
|
ERCOT North On Peak
|
May-24
|
$38.70
|
$38.56
|
0.37%
|
$0.14
|
$38.99
|
-0.74%
|
$36.56
|
5.85%
|
|
|
|
CAISO SP 15 On Peak
|
May-24
|
$15.87
|
$15.22
|
4.23%
|
$0.64
|
$22.40
|
-29.18%
|
$32.76
|
-51.57%
|
|
|
|
MISO Indiana On Peak
|
May-24
|
$38.38
|
$36.86
|
4.13%
|
$1.52
|
$37.77
|
1.61%
|
$47.54
|
-19.26%
|
|
|
|
NEISO Mass On Peak
|
May-24
|
$30.24
|
$28.86
|
4.77%
|
$1.38
|
$29.31
|
3.15%
|
$35.97
|
-15.93%
|
|
|
|
WECC Mid C On Peak
|
May-24
|
$25.11
|
$24.18
|
3.83%
|
$0.93
|
$29.66
|
-15.33%
|
$49.00
|
-48.76%
|
|
|
|
NYISO Zone G On Peak
|
May-24
|
$29.83
|
$28.72
|
3.86%
|
$1.11
|
$28.46
|
4.82%
|
$40.04
|
-25.52%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/1/24
|
3/28/24
|
% Change
|
Change
|
3/1/24
|
% Change
|
3/31/23
|
% Change
|
|
|
|
NYMEX Henry Hub
|
May-24
|
$1.837
|
$1.763
|
4.20%
|
$0.07
|
$1.98
|
-6.99%
|
$3.22
|
-42.99%
|
|
|
|
Houston Ship Channel
|
May-24
|
-$0.221
|
-$0.178
|
24.61%
|
-$0.04
|
-$0.24
|
-6.19%
|
-$0.35
|
-37.52%
|
|
|
|
Chicago
|
May-24
|
-$0.164
|
-$0.159
|
-2.99%
|
$0.00
|
-$0.16
|
1.11%
|
-$0.13
|
23.29%
|
|
|
|
Waha
|
May-24
|
-$1.502
|
-$1.500
|
-0.11%
|
$0.00
|
-$1.10
|
36.94%
|
-$1.35
|
11.14%
|
|
|
|
Algonquin
|
May-24
|
-$0.169
|
-$0.188
|
9.85%
|
$0.02
|
-$0.30
|
-42.89%
|
-$0.36
|
-52.71%
|
|
|
|
Aeco
|
May-24
|
-$0.555
|
-$0.513
|
8.21%
|
-$0.04
|
-$0.67
|
-17.00%
|
-$0.93
|
-40.51%
|
|
|
|
Socal
|
May-24
|
-$0.232
|
-$0.199
|
16.93%
|
-$0.03
|
-$0.07
|
229.69%
|
$0.04
|
-696.66%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/1/24
|
3/28/24
|
% Change
|
Change
|
3/1/24
|
% Change
|
3/31/23
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
May-24
|
$0.819
|
$0.829
|
-1.21%
|
-$0.01
|
$0.82
|
-0.17%
|
$0.75
|
8.97%
|
|
|
|
Mt. Belvieu Propane non LST
|
May-24
|
$0.818
|
$0.834
|
-1.91%
|
-$0.02
|
$0.79
|
3.06%
|
$0.74
|
9.82%
|
|
|
|
Mt. Belview Ethane
|
May-24
|
$0.185
|
$0.185
|
0.00%
|
$0.00
|
$0.19
|
-4.51%
|
$0.22
|
-16.35%
|
|
|
|
Mt. Belview Nat. Gasoline
|
May-24
|
$1.614
|
$1.598
|
1.06%
|
$0.02
|
$1.57
|
2.59%
|
$1.44
|
12.11%
|
|
|
|
Mt. Belvieu Butane LST
|
May-24
|
$0.939
|
$0.939
|
-0.06%
|
$0.00
|
$0.93
|
0.42%
|
$0.84
|
11.68%
|
|
|
|
Far East Propane
|
May-24
|
$6.043
|
$5.950
|
1.55%
|
$0.09
|
$5.86
|
3.11%
|
$5.12
|
17.91%
|
|
|
|
Saudi Propane
|
May-24
|
$5.850
|
$5.960
|
-1.86%
|
-$0.11
|
$5.58
|
4.83%
|
$4.97
|
17.59%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/1/24
|
3/28/24
|
% Change
|
Change
|
3/1/24
|
% Change
|
3/31/23
|
% Change
|
|
|
|
WTI
|
May-24
|
$83.71
|
$83.17
|
0.65%
|
$0.54
|
$79.09
|
5.84%
|
$71.56
|
16.98%
|
|
|
|
Brent
|
May-24
|
$87.91
|
$87.45
|
0.52%
|
$0.46
|
$83.55
|
5.21%
|
$76.16
|
15.42%
|
|
|
|
WCS
|
May-24
|
-$12.56
|
-$13.28
|
-5.72%
|
$0.72
|
-$14.88
|
-15.55%
|
-$14.96
|
-16.02%
|
|
|
|
LLS
|
May-24
|
$85.11
|
$84.39
|
0.85%
|
$0.72
|
$80.43
|
5.82%
|
$73.07
|
16.48%
|
|
|
|
Mars
|
May-24
|
$83.05
|
$82.26
|
0.96%
|
$0.80
|
$77.87
|
6.66%
|
$68.99
|
20.39%
|
|
|
|
Sour
|
May-24
|
$83.73
|
$82.88
|
1.02%
|
$0.85
|
$79.16
|
5.78%
|
$69.74
|
20.06%
|
|
|
|
ESPO
|
May-24
|
$85.91
|
$85.45
|
0.53%
|
$0.46
|
$81.55
|
5.34%
|
$72.41
|
18.64%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/1/24
|
3/28/24
|
% Change
|
Change
|
3/1/24
|
% Change
|
3/31/23
|
% Change
|
|
|
|
NY Heating Oil
|
May-24
|
$2.63
|
$2.62
|
0.73%
|
$0.02
|
$2.64
|
-0.15%
|
$2.46
|
7.29%
|
|
|
|
NY Gasoline
|
May-24
|
$2.71
|
$2.72
|
-0.33%
|
-$0.01
|
$2.60
|
4.11%
|
$2.33
|
16.15%
|
|
|
|
GC Gasoline
|
May-24
|
$2.61
|
$2.62
|
-0.34%
|
-$0.01
|
$2.50
|
4.27%
|
$2.23
|
16.88%
|
|
|
|
GC Jet
|
May-24
|
$2.56
|
$2.57
|
-0.66%
|
-$0.02
|
$2.49
|
2.61%
|
$2.25
|
13.80%
|
|
|
|
Chicago Ethanol
|
May-24
|
$1.68
|
$1.68
|
-0.12%
|
$0.00
|
$1.51
|
10.89%
|
$1.72
|
-2.44%
|
|
|
|
Rotterdam Gasoil
|
May-24
|
$764.37
|
$763.49
|
0.12%
|
$0.89
|
$755.40
|
1.19%
|
$663.90
|
15.13%
|
|
|
|
Singapore Jet Kero
|
May-24
|
$102.63
|
$101.59
|
1.03%
|
$1.04
|
$100.15
|
2.48%
|
$90.05
|
13.97%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/1/24
|
3/28/24
|
% Change
|
Change
|
3/1/24
|
% Change
|
3/31/23
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-24
|
54.39%
|
56.38%
|
-3.53%
|
-1.99%
|
59.51%
|
-8.60%
|
49.52%
|
9.83%
|
|
|
|
Algonquin Straddle
|
May-24
|
66.25%
|
69.43%
|
-4.58%
|
-3.18%
|
70.49%
|
-6.02%
|
53.02%
|
24.95%
|
|
|
|
Waha Straddle
|
May-24
|
233.63%
|
212.45%
|
9.97%
|
21.18%
|
103.96%
|
124.73%
|
64.92%
|
259.87%
|
|
|
|
Chicago Straddle
|
May-24
|
58.59%
|
60.30%
|
-2.84%
|
-1.71%
|
60.98%
|
-3.92%
|
49.85%
|
17.53%
|
|
|
|
PJM West Straddle
|
May-24
|
51.04%
|
48.97%
|
4.23%
|
2.07%
|
50.18%
|
1.71%
|
46.69%
|
9.32%
|
|
|
|
SP – 15 Straddle
|
May-24
|
140.61%
|
139.49%
|
0.80%
|
1.12%
|
87.28%
|
61.10%
|
27.65%
|
408.54%
|
|
|
|
Mid. C Straddle
|
May-24
|
46.19%
|
12.28%
|
276.14%
|
33.91%
|
110.20%
|
-58.09%
|
71.65%
|
-35.53%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/1/24
|
3/28/24
|
% Change
|
Change
|
3/1/24
|
% Change
|
3/31/23
|
% Change
|
|
|
|
Dutch TTF
|
May-24
|
EUR 27.34
|
EUR 27.48
|
-0.49%
|
-EUR 0.13
|
EUR 25.67
|
6.51%
|
EUR 54.72
|
-50.04%
|
|
|
|
NBP
|
May-24
|
GBP 68.05
|
GBP 68.17
|
-0.17%
|
-GBP 0.12
|
GBP 63.72
|
6.78%
|
GBP 140.90
|
-51.71%
|
|
|
|
German Base
|
May-24
|
EUR 51.53
|
EUR 51.95
|
-0.80%
|
-EUR 0.42
|
EUR 52.99
|
-2.75%
|
EUR 120.31
|
-57.17%
|
|
|
|
UK Base
|
May-24
|
GBP 58.80
|
GBP 57.88
|
1.60%
|
GBP 0.92
|
GBP 58.89
|
-0.15%
|
GBP 130.41
|
-54.91%
|
|
|
|
French Base
|
May-24
|
EUR 29.04
|
EUR 28.61
|
1.51%
|
EUR 0.43
|
EUR 46.97
|
-38.16%
|
EUR 119.95
|
-75.79%
|
|
|
|
Italian Base
|
May-24
|
EUR 77.56
|
EUR 78.38
|
-1.04%
|
-EUR 0.82
|
EUR 77.19
|
0.48%
|
EUR 130.84
|
-40.72%
|
|
|
|
JKM LNG
|
May-24
|
$9.54
|
$9.49
|
0.59%
|
$0.06
|
$8.70
|
9.68%
|
$16.50
|
-42.17%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/1/24
|
3/28/24
|
% Change
|
Change
|
3/1/24
|
% Change
|
3/31/23
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-24
|
$27.34
|
$27.48
|
-0.49%
|
-$0.13
|
$25.67
|
6.51%
|
$54.72
|
-50.04%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-24
|
$68.05
|
$68.17
|
-0.17%
|
-$0.12
|
$63.72
|
6.78%
|
$140.90
|
-51.71%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-24
|
$51.53
|
$51.95
|
-0.80%
|
-$0.42
|
$52.99
|
-2.75%
|
$120.31
|
-57.17%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-24
|
$58.80
|
$57.88
|
1.60%
|
$0.92
|
$58.89
|
-0.15%
|
$130.41
|
-54.91%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-24
|
$29.04
|
$28.61
|
1.51%
|
$0.43
|
$46.97
|
-38.16%
|
$119.95
|
-75.79%
|
|
|
|
Supramax Timecharter (DRY)
|
May-24
|
$77.56
|
$78.38
|
-1.04%
|
-$0.82
|
$77.19
|
0.48%
|
$130.84
|
-40.72%
|
|
|
|
Capesize Timecharter (DRY)
|
May-24
|
$9.54
|
$9.49
|
0.59%
|
$0.06
|
$8.70
|
9.68%
|
$16.50
|
-42.17%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/30/2024
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
|
Middle Atlantic
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
|
E N Central
|
0
|
0
|
0
|
0
|
-1
|
0
|
NA
|
NA
|
|
|
|
W N Central
|
0
|
-1
|
0
|
0
|
-3
|
0
|
NA
|
NA
|
|
|
|
South Atlantic
|
11
|
-1
|
-11
|
78
|
-34
|
-66
|
-30.00%
|
-46.00%
|
|
|
|
E S Central
|
0
|
-5
|
-9
|
2
|
-28
|
-25
|
NA
|
NA
|
|
|
|
W S Central
|
8
|
-6
|
-10
|
67
|
-12
|
-50
|
NA
|
NA
|
|
|
|
Mountain
|
0
|
-4
|
0
|
0
|
-14
|
0
|
NA
|
NA
|
|
|
|
Pacific
|
0
|
-1
|
0
|
0
|
-7
|
0
|
NA
|
NA
|
|
|
|
United States
|
3
|
-2
|
-4
|
22
|
-13
|
-19
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/30/2024
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
177
|
-4
|
1
|
4,955
|
-736
|
32
|
-13.00%
|
1.00%
|
|
|
|
Middle Atlantic
|
160
|
-1
|
6
|
4,575
|
-594
|
52
|
-11.00%
|
1.00%
|
|
|
|
E N Central
|
161
|
-6
|
-14
|
4,808
|
-902
|
-329
|
-16.00%
|
-6.00%
|
|
|
|
W N Central
|
190
|
26
|
-17
|
5,056
|
-977
|
-819
|
-16.00%
|
-14.00%
|
|
|
|
South Atlantic
|
74
|
7
|
30
|
2,279
|
-334
|
33
|
-13.00%
|
1.00%
|
|
|
|
E S Central
|
78
|
-4
|
26
|
2,883
|
-430
|
57
|
-13.00%
|
2.00%
|
|
|
|
W S Central
|
51
|
7
|
15
|
1,978
|
-203
|
10
|
-9.00%
|
1.00%
|
|
|
|
Mountain
|
157
|
29
|
-34
|
4,200
|
-274
|
-608
|
-6.00%
|
-13.00%
|
|
|
|
Pacific
|
117
|
30
|
-23
|
2,545
|
-130
|
-486
|
-5.00%
|
-16.00%
|
|
|
|
United States
|
123
|
9
|
0
|
3,507
|
-482
|
-204
|
-12.00%
|
-5.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
