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Prices as of 7:50 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$1.893
|
$1.862
|
1.66%
|
$0.031
|
26,037
|
|
|
WTI
|
$86.06
|
$85.15
|
1.07%
|
$0.91
|
88,836
|
|
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Brent
|
$89.80
|
$88.92
|
0.99%
|
$0.88
|
10,245
|
|
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ULSD
|
$2.757
|
$2.712
|
1.64%
|
$0.045
|
9,748
|
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RBOB
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$2.783
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$2.759
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0.86%
|
$0.024
|
6,867
|
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Spreads
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Current
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Previous
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% Change
|
Change
|
Contract
|
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WTI-Brent
|
$4.70
|
$4.70
|
0.00%
|
$0.00
|
Jun-24
|
|
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3:2:1 Crack
|
$30.31
|
$29.99
|
1.09%
|
$0.33
|
May-24
|
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PJM West Spark
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$32.56
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$33.56
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-3.00%
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-$1.01
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May-24
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Baker Hughes Rig Count
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Date
|
Count
|
Change
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1 Year Chg.
|
1 Year Date
|
|
|
U.S.
|
03/28/24
|
621
|
-3
|
-134
|
04/01/23
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Canada
|
03/28/24
|
151
|
-18
|
12
|
04/01/23
|
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International
|
Feb
|
958
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-7
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43
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Feb
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CFTC Net Positions
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As of 3/26/2024
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Open Interest
|
Total Net Long
|
Total Net Short
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Diff
|
|
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PJM West On Peak
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96,286
|
95,839
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95,931
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-92
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PJM West Off Peak
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85,289
|
84,944
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85,033
|
-89
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Natural Gas Henry Hub
|
384,249
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361,990
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371,429
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-9,439
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WTI – Light Sweet Crude Futures
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164,232
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141,340
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127,354
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13,986
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Brent Crude Last Day
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123,664
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114,461
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115,377
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-916
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NYM Ethanol
|
47,616
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46,897
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47,247
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-350
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Mt Belvieu LDH Propane Swap
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163,239
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161,973
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162,771
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-798
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RBOB
|
386,461
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358,565
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370,978
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-12,413
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HSC Basis
|
818,793
|
809,629
|
810,799
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-1,170
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EIA Short Term Energy Outlook
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2021
|
2022
|
2023projected
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2024projected
|
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Brent
|
$70.89
|
$100.94
|
$84.09
|
$94.91
|
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Gasoline
|
$3.02
|
$3.97
|
$3.62
|
$3.69
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Crude Oil Production
|
11.27
|
11.91
|
12.92
|
13.12
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Natural Gas Spot
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$3.91
|
$6.42
|
$2.61
|
$3.23
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LNG Exports
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9.76
|
10.59
|
11.62
|
13.15
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Electrical Generation %
|
2021
|
2022
|
2023projected
|
2024projected
|
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Natural gas
|
37.00%
|
39.00%
|
42.00%
|
41.00%
|
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Coal
|
23.00%
|
20.00%
|
16.00%
|
15.00%
|
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Renewables
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20.00%
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22.00%
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22.00%
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25.00%
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Nuclear
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20.00%
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19.00%
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19.00%
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20.00%
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Short Term Energy Outlook
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EIA Lower 48 Natural Gas Storage
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|
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|
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|
03/22/19
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|
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|
3/22/24
|
3/15/24
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Net Change
|
% Change
|
3/24/23
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
387
|
406
|
-19
|
-4.68%
|
343
|
12.83%
|
305
|
26.89%
|
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Midwest
|
528
|
551
|
-23
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-4.17%
|
437
|
20.82%
|
376
|
40.50%
|
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Mountain
|
166
|
166
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0
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0.00%
|
82
|
102.44%
|
87
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89.93%
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Pacific
|
223
|
216
|
7
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3.24%
|
73
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205.48%
|
146
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52.95%
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South
|
991
|
993
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-2
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-0.20%
|
917
|
8.07%
|
711
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39.42%
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Salt
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294
|
300
|
-6
|
-2.00%
|
262
|
12.21%
|
210
|
40.00%
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Non_Salt
|
698
|
694
|
4
|
0.58%
|
655
|
6.56%
|
501
|
39.38%
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Total
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2,296
|
2,332
|
-36
|
-1.54%
|
1,853
|
23.91%
|
1,625
|
41.29%
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Power Generation Additions/Retirements
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Front Month Prices
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Electricity
|
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OTCGH/EOXLive Market Data
|
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|
Contract
|
4/2/24
|
4/1/24
|
% Change
|
Change
|
3/4/24
|
% Change
|
4/3/23
|
% Change
|
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|
PJM West On Peak
|
May-24
|
$36.60
|
$37.55
|
-2.53%
|
-$0.95
|
$37.19
|
-1.61%
|
$44.03
|
-16.89%
|
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ERCOT North On Peak
|
May-24
|
$38.57
|
$38.70
|
-0.33%
|
-$0.13
|
$40.79
|
-5.44%
|
$37.20
|
3.67%
|
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CAISO SP 15 On Peak
|
May-24
|
$15.33
|
$15.87
|
-3.39%
|
-$0.54
|
$22.04
|
-30.46%
|
$32.93
|
-53.45%
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MISO Indiana On Peak
|
May-24
|
$37.40
|
$38.38
|
-2.55%
|
-$0.98
|
$38.94
|
-3.95%
|
$48.39
|
-22.70%
|
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NEISO Mass On Peak
|
May-24
|
$29.74
|
$30.24
|
-1.65%
|
-$0.50
|
$29.98
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-0.80%
|
$38.47
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-22.69%
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WECC Mid C On Peak
|
May-24
|
$24.30
|
$25.11
|
-3.24%
|
-$0.81
|
$27.42
|
-11.37%
|
$51.58
|
-52.90%
|
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NYISO Zone G On Peak
|
May-24
|
$29.14
|
$29.83
|
-2.31%
|
-$0.69
|
$29.09
|
0.18%
|
$42.53
|
-31.48%
|
|
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|
|
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Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/2/24
|
4/1/24
|
% Change
|
Change
|
3/4/24
|
% Change
|
4/3/23
|
% Change
|
|
|
NYMEX Henry Hub
|
May-24
|
$1.862
|
$1.837
|
1.36%
|
$0.02
|
$2.07
|
-10.18%
|
$3.13
|
-40.45%
|
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Houston Ship Channel
|
May-24
|
-$0.250
|
-$0.221
|
12.79%
|
-$0.03
|
-$0.24
|
2.09%
|
-$0.34
|
-25.56%
|
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Chicago
|
May-24
|
-$0.175
|
-$0.164
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-6.07%
|
-$0.01
|
-$0.17
|
2.10%
|
-$0.13
|
37.88%
|
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Waha
|
May-24
|
-$1.498
|
-$1.502
|
-0.28%
|
$0.00
|
-$1.09
|
37.82%
|
-$1.34
|
11.81%
|
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Algonquin
|
May-24
|
-$0.156
|
-$0.169
|
8.15%
|
$0.01
|
-$0.31
|
-50.49%
|
-$0.35
|
-56.12%
|
|
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Aeco
|
May-24
|
-$0.630
|
-$0.555
|
13.59%
|
-$0.08
|
-$0.72
|
-12.47%
|
-$0.90
|
-30.30%
|
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Socal
|
May-24
|
-$0.236
|
-$0.232
|
1.64%
|
$0.00
|
-$0.10
|
126.61%
|
$0.02
|
-1234.13%
|
|
|
|
|
|
|
|
|
|
|
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|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/2/24
|
4/1/24
|
% Change
|
Change
|
3/4/24
|
% Change
|
4/3/23
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
May-24
|
$0.828
|
$0.819
|
1.07%
|
$0.01
|
$0.81
|
1.85%
|
$0.79
|
5.22%
|
|
|
Mt. Belvieu Propane non LST
|
May-24
|
$0.832
|
$0.818
|
1.74%
|
$0.01
|
$0.81
|
2.09%
|
$0.79
|
4.93%
|
|
|
Mt. Belview Ethane
|
May-24
|
$0.196
|
$0.185
|
6.09%
|
$0.01
|
$0.20
|
-0.43%
|
$0.22
|
-9.91%
|
|
|
Mt. Belview Nat. Gasoline
|
May-24
|
$1.613
|
$1.614
|
-0.12%
|
$0.00
|
$1.57
|
2.87%
|
$1.54
|
4.49%
|
|
|
Mt. Belvieu Butane LST
|
May-24
|
$0.945
|
$0.939
|
0.63%
|
$0.01
|
$0.92
|
2.92%
|
$0.90
|
5.46%
|
|
|
Far East Propane
|
May-24
|
$6.160
|
$6.043
|
1.95%
|
$0.12
|
$5.93
|
3.88%
|
$5.45
|
12.95%
|
|
|
Saudi Propane
|
May-24
|
$5.940
|
$5.850
|
1.55%
|
$0.09
|
$5.68
|
4.57%
|
$5.28
|
12.53%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/2/24
|
4/1/24
|
% Change
|
Change
|
3/4/24
|
% Change
|
4/3/23
|
% Change
|
|
|
WTI
|
May-24
|
$85.15
|
$83.71
|
1.69%
|
$1.44
|
$78.17
|
8.93%
|
$74.12
|
14.88%
|
|
|
Brent
|
May-24
|
$89.46
|
$87.91
|
1.74%
|
$1.55
|
$82.80
|
8.04%
|
$78.92
|
13.36%
|
|
|
WCS
|
May-24
|
-$12.45
|
-$12.56
|
-0.91%
|
$0.11
|
-$14.60
|
-14.70%
|
-$16.13
|
-22.81%
|
|
|
LLS
|
May-24
|
$85.81
|
$85.11
|
0.82%
|
$0.70
|
$80.59
|
6.48%
|
$78.02
|
9.98%
|
|
|
Mars
|
May-24
|
$83.36
|
$83.05
|
0.37%
|
$0.31
|
$77.09
|
8.14%
|
$71.33
|
16.87%
|
|
|
Sour
|
May-24
|
$84.99
|
$83.73
|
1.48%
|
$1.26
|
$78.57
|
8.18%
|
$72.10
|
17.88%
|
|
|
ESPO
|
May-24
|
$87.46
|
$85.91
|
1.78%
|
$1.55
|
$80.80
|
8.24%
|
$78.30
|
11.69%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/2/24
|
4/1/24
|
% Change
|
Change
|
3/4/24
|
% Change
|
4/3/23
|
% Change
|
|
|
NY Heating Oil
|
May-24
|
$2.72
|
$2.63
|
3.07%
|
$0.08
|
$2.59
|
4.82%
|
$2.51
|
8.04%
|
|
|
NY Gasoline
|
May-24
|
$2.71
|
$2.71
|
-0.15%
|
$0.00
|
$2.58
|
5.04%
|
$2.44
|
11.12%
|
|
|
GC Gasoline
|
May-24
|
$2.61
|
$2.61
|
-0.15%
|
$0.00
|
$2.48
|
5.25%
|
$2.34
|
11.60%
|
|
|
GC Jet
|
May-24
|
$2.58
|
$2.56
|
1.06%
|
$0.03
|
$2.42
|
6.56%
|
$2.34
|
10.33%
|
|
|
Chicago Ethanol
|
May-24
|
$1.67
|
$1.68
|
-0.60%
|
-$0.01
|
$1.59
|
5.36%
|
$1.70
|
-1.59%
|
|
|
Rotterdam Gasoil
|
May-24
|
$787.47
|
$764.37
|
3.02%
|
$23.09
|
$753.45
|
4.51%
|
$691.54
|
13.87%
|
|
|
Singapore Jet Kero
|
May-24
|
$103.66
|
$102.63
|
1.00%
|
$1.03
|
$100.78
|
2.86%
|
$94.97
|
9.15%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/2/24
|
4/1/24
|
% Change
|
Change
|
3/4/24
|
% Change
|
4/3/23
|
% Change
|
|
|
Henry Hub Straddle
|
May-24
|
53.25%
|
54.39%
|
-2.10%
|
-1.14%
|
56.63%
|
-5.97%
|
55.16%
|
-3.46%
|
|
|
Algonquin Straddle
|
May-24
|
67.12%
|
66.25%
|
1.31%
|
0.87%
|
62.40%
|
7.56%
|
58.26%
|
15.21%
|
|
|
Waha Straddle
|
May-24
|
217.29%
|
233.63%
|
-6.99%
|
-16.34%
|
113.02%
|
92.26%
|
72.72%
|
198.80%
|
|
|
Chicago Straddle
|
May-24
|
57.07%
|
58.59%
|
-2.59%
|
-1.52%
|
56.24%
|
1.48%
|
57.06%
|
0.02%
|
|
|
PJM West Straddle
|
May-24
|
48.37%
|
51.04%
|
-5.23%
|
-2.67%
|
50.25%
|
-3.74%
|
46.67%
|
3.64%
|
|
|
SP – 15 Straddle
|
May-24
|
125.12%
|
140.61%
|
-11.02%
|
-15.49%
|
93.34%
|
34.05%
|
27.78%
|
350.40%
|
|
|
Mid. C Straddle
|
May-24
|
77.55%
|
46.19%
|
67.89%
|
31.36%
|
135.09%
|
-42.59%
|
65.02%
|
19.27%
|
|
|
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Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/2/24
|
4/1/24
|
% Change
|
Change
|
3/4/24
|
% Change
|
4/3/23
|
% Change
|
|
|
Dutch TTF
|
May-24
|
EUR 26.30
|
EUR 27.34
|
-3.81%
|
-EUR 1.04
|
EUR 26.81
|
-1.89%
|
EUR 59.21
|
-55.59%
|
|
|
NBP
|
May-24
|
GBP 64.81
|
GBP 68.05
|
-4.75%
|
-GBP 3.23
|
GBP 66.21
|
-2.10%
|
GBP 152.28
|
-57.44%
|
|
|
German Base
|
May-24
|
EUR 49.64
|
EUR 51.53
|
-3.66%
|
-EUR 1.89
|
EUR 54.81
|
-9.44%
|
EUR 135.48
|
-63.36%
|
|
|
UK Base
|
May-24
|
GBP 57.78
|
GBP 58.80
|
-1.74%
|
-GBP 1.02
|
GBP 60.42
|
-4.36%
|
GBP 139.38
|
-58.54%
|
|
|
French Base
|
May-24
|
EUR 26.99
|
EUR 29.04
|
-7.08%
|
-EUR 2.06
|
EUR 45.99
|
-41.32%
|
EUR 125.47
|
-78.49%
|
|
|
Italian Base
|
May-24
|
EUR 74.72
|
EUR 77.56
|
-3.66%
|
-EUR 2.84
|
EUR 78.09
|
-4.32%
|
EUR 147.65
|
-49.39%
|
|
|
JKM LNG
|
May-24
|
$9.41
|
$9.54
|
-1.37%
|
-$0.13
|
$8.97
|
4.88%
|
$16.92
|
-44.36%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/2/24
|
4/1/24
|
% Change
|
Change
|
3/4/24
|
% Change
|
4/3/23
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
May-24
|
$26.30
|
$27.34
|
-3.81%
|
-$1.04
|
$26.81
|
-1.89%
|
$59.21
|
-55.59%
|
|
|
USGC-UK Continent Dirty (WET)
|
May-24
|
$64.81
|
$68.05
|
-4.75%
|
-$3.23
|
$66.21
|
-2.10%
|
$152.28
|
-57.44%
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-24
|
$49.64
|
$51.53
|
-3.66%
|
-$1.89
|
$54.81
|
-9.44%
|
$135.48
|
-63.36%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-24
|
$57.78
|
$58.80
|
-1.74%
|
-$1.02
|
$60.42
|
-4.36%
|
$139.38
|
-58.54%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-24
|
$26.99
|
$29.04
|
-7.08%
|
-$2.06
|
$45.99
|
-41.32%
|
$125.47
|
-78.49%
|
|
|
Supramax Timecharter (DRY)
|
May-24
|
$74.72
|
$77.56
|
-3.66%
|
-$2.84
|
$78.09
|
-4.32%
|
$147.65
|
-49.39%
|
|
|
Capesize Timecharter (DRY)
|
May-24
|
$9.41
|
$9.54
|
-1.37%
|
-$0.13
|
$8.97
|
4.88%
|
$16.92
|
-44.36%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|