|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
Prices as of 7:17 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$3.702
|
$3.655
|
1.29%
|
$0.047
|
20,325
|
|
|
|
WTI
|
$61.01
|
$60.70
|
0.51%
|
$0.31
|
83,397
|
|
|
|
Brent
|
$64.45
|
$64.21
|
0.37%
|
$0.24
|
21,266
|
|
|
|
ULSD
|
$2.081
|
$2.070
|
0.53%
|
$0.011
|
5,317
|
|
|
|
RBOB
|
$2.035
|
$2.020
|
0.74%
|
$0.015
|
7,216
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$3.76
|
$3.77
|
-0.27%
|
-$0.01
|
Jun-25
|
|
|
|
3:2:1 Crack
|
$24.41
|
$24.21
|
0.82%
|
$0.20
|
May-25
|
|
|
|
PJM West Spark
|
$43.25
|
$42.82
|
0.99%
|
$0.42
|
May-25
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
04/04/25
|
590
|
-2
|
-30
|
04/05/24
|
|
|
|
Canada
|
04/04/25
|
153
|
-10
|
17
|
04/05/24
|
|
|
|
International
|
Mar
|
899
|
-6
|
-72
|
Mar
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 4/1/2025
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
97,623
|
96,890
|
97,136
|
-246
|
|
|
|
PJM West Off Peak
|
88,249
|
88,086
|
87,550
|
536
|
|
|
|
Natural Gas Henry Hub
|
355,936
|
340,861
|
344,019
|
-3,158
|
|
|
|
WTI – Light Sweet Crude Futures
|
298,358
|
244,306
|
231,635
|
12,671
|
|
|
|
Brent Crude Last Day
|
188,350
|
182,606
|
181,698
|
908
|
|
|
|
NYM Ethanol
|
31,200
|
30,200
|
30,761
|
-561
|
|
|
|
Mt Belvieu LDH Propane Swap
|
168,942
|
168,310
|
168,617
|
-307
|
|
|
|
RBOB
|
424,377
|
404,988
|
408,990
|
-4,002
|
|
|
|
HSC Basis
|
962,194
|
954,472
|
954,844
|
-372
|
|
|
|
|
|
|
|
|
|
|
|
|
EIA Short Term Energy Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2023
|
2024
|
2025 Projected
|
2026 Projected
|
|
|
|
Brent
|
$82.00
|
$81.00
|
$74.00
|
$66.00
|
|
|
|
Gasoline
|
$3.50
|
$3.30
|
$3.20
|
$3.00
|
|
|
|
Crude Oil Production
|
$12.90
|
$13.20
|
$13.50
|
$13.60
|
|
|
|
Natural Gas Spot
|
$2.50
|
$2.20
|
$3.10
|
$4.00
|
|
|
|
LNG Exports
|
12.00
|
12.00
|
14.00
|
16.00
|
|
|
|
|
|
|
|
|
|
|
|
|
Electrical Generation %
|
2023
|
2024
|
2025 Projected
|
2026 Projected
|
|
|
|
Natural gas
|
42.00%
|
43.00%
|
41.00%
|
40.00%
|
|
|
|
Coal
|
17.00%
|
16.00%
|
15.00%
|
15.00%
|
|
|
|
Renewables
|
22.00%
|
23.00%
|
25.00%
|
27.00%
|
|
|
|
Nuclear
|
19.00%
|
19.00%
|
19.00%
|
19.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Short Term Energy Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EIA Lower 48 Natural Gas Storage
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/03/20
|
|
|
|
|
|
3/28/25
|
3/21/25
|
Net Change
|
% Change
|
3/29/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
284
|
298
|
-14
|
-4.70%
|
363
|
-21.76%
|
325
|
-12.67%
|
|
|
|
Midwest
|
364
|
367
|
-3
|
-0.82%
|
510
|
-28.63%
|
420
|
-13.33%
|
|
|
|
Mountain
|
165
|
163
|
2
|
1.23%
|
162
|
1.85%
|
108
|
52.78%
|
|
|
|
Pacific
|
202
|
192
|
10
|
5.21%
|
227
|
-11.01%
|
173
|
16.63%
|
|
|
|
South
|
758
|
725
|
33
|
4.55%
|
996
|
-23.90%
|
829
|
-8.59%
|
|
|
|
Salt
|
218
|
202
|
16
|
7.92%
|
294
|
-25.85%
|
246
|
-11.38%
|
|
|
|
Non_Salt
|
540
|
523
|
17
|
3.25%
|
701
|
-22.97%
|
583
|
-7.38%
|
|
|
|
Total
|
1,773
|
1,744
|
29
|
1.66%
|
2,259
|
-21.51%
|
1,856
|
-4.46%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/25
|
4/4/25
|
% Change
|
Change
|
3/10/25
|
% Change
|
4/8/24
|
% Change
|
|
|
|
PJM West On Peak
|
May-25
|
$51.19
|
$50.64
|
1.07%
|
$0.54
|
$58.23
|
-12.09%
|
$48.81
|
4.87%
|
|
|
|
ERCOT North On Peak
|
May-25
|
$50.05
|
$44.73
|
11.87%
|
$5.31
|
$54.24
|
-7.74%
|
$42.16
|
18.72%
|
|
|
|
CAISO SP 15 On Peak
|
May-25
|
$5.22
|
$5.77
|
-9.55%
|
-$0.55
|
$10.45
|
-50.08%
|
$18.85
|
-72.33%
|
|
|
|
MISO Indiana On Peak
|
May-25
|
$47.46
|
$44.94
|
5.60%
|
$2.52
|
$53.53
|
-11.33%
|
$48.79
|
-2.72%
|
|
|
|
NEISO Mass On Peak
|
May-25
|
$50.03
|
$45.15
|
10.81%
|
$4.88
|
$53.72
|
-6.86%
|
$41.55
|
20.43%
|
|
|
|
WECC Mid C On Peak
|
May-25
|
$15.76
|
$20.27
|
-22.26%
|
-$4.51
|
$33.14
|
-52.46%
|
$41.48
|
-62.02%
|
|
|
|
NYISO Zone G On Peak
|
May-25
|
$46.53
|
$47.07
|
-1.16%
|
-$0.54
|
$53.83
|
-13.57%
|
$44.90
|
3.63%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/25
|
4/4/25
|
% Change
|
Change
|
3/10/25
|
% Change
|
4/8/24
|
% Change
|
|
|
|
NYMEX Henry Hub
|
May-25
|
$3.655
|
$3.837
|
-4.74%
|
-$0.18
|
$4.54
|
-19.56%
|
$3.06
|
19.60%
|
|
|
|
Houston Ship Channel
|
May-25
|
-$0.446
|
-$0.469
|
-4.94%
|
$0.02
|
-$0.65
|
-31.13%
|
-$0.29
|
52.46%
|
|
|
|
Chicago
|
May-25
|
-$0.438
|
-$0.486
|
11.03%
|
$0.05
|
-$0.51
|
-13.66%
|
-$0.19
|
133.48%
|
|
|
|
Waha
|
May-25
|
-$2.463
|
-$3.939
|
-37.48%
|
$1.48
|
-$3.88
|
-36.50%
|
-$1.14
|
116.53%
|
|
|
|
Algonquin
|
May-25
|
-$0.637
|
-$0.680
|
6.30%
|
$0.04
|
-$0.38
|
67.85%
|
-$0.13
|
389.25%
|
|
|
|
Aeco
|
May-25
|
-$2.006
|
-$2.226
|
-9.91%
|
$0.22
|
-$3.50
|
-42.63%
|
-$0.89
|
125.97%
|
|
|
|
Socal
|
May-25
|
-$1.654
|
-$1.820
|
-9.09%
|
$0.17
|
-$1.21
|
36.38%
|
-$0.35
|
372.66%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/25
|
4/4/25
|
% Change
|
Change
|
3/10/25
|
% Change
|
4/8/24
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
May-25
|
$0.683
|
$0.723
|
-5.62%
|
-$0.04
|
$0.78
|
-12.21%
|
$0.73
|
-7.11%
|
|
|
|
Mt. Belvieu Propane non LST
|
May-25
|
$0.681
|
$0.715
|
-4.75%
|
-$0.03
|
$0.79
|
-13.77%
|
$0.74
|
-7.45%
|
|
|
|
Mt. Belview Ethane
|
May-25
|
$0.275
|
$0.280
|
-1.75%
|
$0.00
|
$0.30
|
-8.69%
|
$0.24
|
12.31%
|
|
|
|
Mt. Belview Nat. Gasoline
|
May-25
|
$1.272
|
$1.302
|
-2.30%
|
-$0.03
|
$1.37
|
-7.19%
|
$1.51
|
-15.63%
|
|
|
|
Mt. Belvieu Butane LST
|
May-25
|
$0.806
|
$0.920
|
-12.35%
|
-$0.11
|
$0.89
|
-9.65%
|
$0.85
|
-5.64%
|
|
|
|
Far East Propane
|
May-25
|
$4.722
|
$5.017
|
-5.89%
|
-$0.30
|
$5.64
|
-16.28%
|
$5.62
|
-15.91%
|
|
|
|
Saudi Propane
|
May-25
|
$5.694
|
$5.950
|
-4.30%
|
-$0.26
|
$5.63
|
1.14%
|
$5.29
|
7.59%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/25
|
4/4/25
|
% Change
|
Change
|
3/10/25
|
% Change
|
4/8/24
|
% Change
|
|
|
|
WTI
|
May-25
|
$60.70
|
$61.99
|
-2.13%
|
-$1.29
|
$65.68
|
-7.58%
|
$76.70
|
-20.86%
|
|
|
|
Brent
|
May-25
|
$64.40
|
$65.88
|
-2.31%
|
-$1.49
|
$69.28
|
-7.05%
|
$81.72
|
-21.20%
|
|
|
|
WCS
|
May-25
|
-$9.73
|
-$9.82
|
-0.90%
|
$0.09
|
-$11.68
|
-16.72%
|
-$13.10
|
-25.73%
|
|
|
|
LLS
|
May-25
|
$62.93
|
$65.29
|
-3.74%
|
-$2.35
|
$68.30
|
-7.86%
|
$77.36
|
-18.65%
|
|
|
|
Mars
|
May-25
|
$61.15
|
$64.97
|
-6.25%
|
-$3.82
|
$66.35
|
-7.84%
|
$73.50
|
-16.81%
|
|
|
|
Sour
|
May-25
|
$63.61
|
$65.46
|
-2.91%
|
-$1.85
|
$65.59
|
-3.02%
|
$75.19
|
-15.41%
|
|
|
|
ESPO
|
May-25
|
$62.40
|
$63.88
|
-2.38%
|
-$1.49
|
$67.28
|
-7.26%
|
$79.72
|
-21.73%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/25
|
4/4/25
|
% Change
|
Change
|
3/10/25
|
% Change
|
4/8/24
|
% Change
|
|
|
|
NY Heating Oil
|
May-25
|
$2.08
|
$2.07
|
0.29%
|
$0.01
|
$2.15
|
-3.26%
|
$2.56
|
-18.84%
|
|
|
|
NY Gasoline
|
May-25
|
$2.05
|
$2.04
|
0.59%
|
$0.01
|
$2.11
|
-2.89%
|
$2.43
|
-15.75%
|
|
|
|
GC Gasoline
|
May-25
|
$1.95
|
$1.94
|
0.62%
|
$0.01
|
$2.01
|
-3.03%
|
$2.33
|
-16.42%
|
|
|
|
GC Jet
|
May-25
|
$1.86
|
$1.97
|
-5.72%
|
-$0.11
|
$2.00
|
-6.95%
|
$2.43
|
-23.45%
|
|
|
|
Chicago Ethanol
|
May-25
|
$1.79
|
$1.79
|
0.11%
|
$0.00
|
$1.76
|
1.53%
|
$1.64
|
9.00%
|
|
|
|
Rotterdam Gasoil
|
May-25
|
$597.64
|
$677.52
|
-11.79%
|
-$79.88
|
$632.48
|
-5.51%
|
$727.23
|
-17.82%
|
|
|
|
Singapore Jet Kero
|
May-25
|
$80.26
|
$81.97
|
-2.08%
|
-$1.71
|
$83.49
|
-3.86%
|
$101.13
|
-20.64%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/25
|
4/4/25
|
% Change
|
Change
|
3/10/25
|
% Change
|
4/8/24
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-25
|
61.52%
|
50.00%
|
23.04%
|
11.52%
|
56.59%
|
8.71%
|
36.56%
|
68.27%
|
|
|
|
Algonquin Straddle
|
May-25
|
65.99%
|
0.00%
|
#DIV/0!
|
65.99%
|
64.29%
|
2.64%
|
35.90%
|
83.82%
|
|
|
|
Waha Straddle
|
May-25
|
1920.85%
|
0.00%
|
#DIV/0!
|
1920.85%
|
190.04%
|
910.76%
|
47.21%
|
3968.74%
|
|
|
|
Chicago Straddle
|
May-25
|
61.68%
|
0.00%
|
#DIV/0!
|
61.68%
|
60.00%
|
2.80%
|
38.11%
|
61.85%
|
|
|
|
PJM West Straddle
|
May-25
|
47.37%
|
44.20%
|
7.17%
|
3.17%
|
40.12%
|
18.07%
|
36.72%
|
29.00%
|
|
|
|
SP – 15 Straddle
|
May-25
|
31.55%
|
173.00%
|
-81.76%
|
-141.45%
|
488.10%
|
-93.54%
|
119.74%
|
-73.65%
|
|
|
|
Mid. C Straddle
|
May-25
|
40.01%
|
26.97%
|
48.35%
|
13.04%
|
40.25%
|
-0.60%
|
44.93%
|
-10.95%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/25
|
4/4/25
|
% Change
|
Change
|
3/10/25
|
% Change
|
4/8/24
|
% Change
|
|
|
|
Dutch TTF
|
May-25
|
EUR 35.86
|
EUR 36.54
|
-1.86%
|
-EUR 0.68
|
EUR 40.90
|
-12.31%
|
EUR 31.75
|
12.96%
|
|
|
|
NBP
|
May-25
|
GBP 87.94
|
GBP 89.53
|
-1.78%
|
-GBP 1.59
|
GBP 99.44
|
-11.56%
|
GBP 79.68
|
10.37%
|
|
|
|
German Base
|
May-25
|
EUR 62.36
|
EUR 63.28
|
-1.46%
|
-EUR 0.92
|
EUR 68.75
|
-9.30%
|
EUR 68.81
|
-9.37%
|
|
|
|
UK Base
|
May-25
|
GBP 71.40
|
GBP 74.38
|
-4.01%
|
-GBP 2.98
|
GBP 78.75
|
-9.34%
|
GBP 70.86
|
0.76%
|
|
|
|
French Base
|
May-25
|
EUR 33.50
|
EUR 33.16
|
1.00%
|
EUR 0.33
|
EUR 45.01
|
-25.58%
|
EUR 52.76
|
-36.51%
|
|
|
|
Italian Base
|
May-25
|
EUR 102.17
|
EUR 98.67
|
3.55%
|
EUR 3.50
|
EUR 104.55
|
-2.27%
|
EUR 86.83
|
17.67%
|
|
|
|
JKM LNG
|
May-25
|
$12.31
|
$11.61
|
6.01%
|
$0.70
|
$13.11
|
-6.12%
|
$10.94
|
12.45%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/25
|
4/4/25
|
% Change
|
Change
|
3/10/25
|
% Change
|
4/8/24
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-25
|
$35.86
|
$36.54
|
-1.86%
|
-$0.68
|
$40.90
|
-12.31%
|
$31.75
|
12.96%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-25
|
$87.94
|
$89.53
|
-1.78%
|
-$1.59
|
$99.44
|
-11.56%
|
$79.68
|
10.37%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-25
|
$62.36
|
$63.28
|
-1.46%
|
-$0.92
|
$68.75
|
-9.30%
|
$68.81
|
-9.37%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-25
|
$71.40
|
$74.38
|
-4.01%
|
-$2.98
|
$78.75
|
-9.34%
|
$70.86
|
0.76%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-25
|
$33.50
|
$33.16
|
1.00%
|
$0.33
|
$45.01
|
-25.58%
|
$52.76
|
-36.51%
|
|
|
|
Supramax Timecharter (DRY)
|
May-25
|
$102.17
|
$98.67
|
3.55%
|
$3.50
|
$104.55
|
-2.27%
|
$86.83
|
17.67%
|
|
|
|
Capesize Timecharter (DRY)
|
May-25
|
$12.31
|
$11.61
|
6.01%
|
$0.70
|
$13.11
|
-6.12%
|
$10.94
|
12.45%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/05/2025
|
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
|
-4
|
0
|
NA
|
NA
|
|
|
|
South Atlantic
|
39
|
26
|
23
|
125
|
3
|
19
|
2.00%
|
19.00%
|
|
|
|
E S Central
|
25
|
20
|
17
|
32
|
-2
|
22
|
NA
|
NA
|
|
|
|
W S Central
|
38
|
23
|
16
|
132
|
41
|
42
|
NA
|
NA
|
|
|
|
Mountain
|
0
|
-5
|
0
|
11
|
-7
|
11
|
NA
|
NA
|
|
|
|
Pacific
|
0
|
-2
|
0
|
0
|
-9
|
0
|
NA
|
NA
|
|
|
|
United States
|
13
|
9
|
7
|
41
|
3
|
10
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/05/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
151
|
-17
|
-7
|
5,479
|
-321
|
462
|
-6.00%
|
9.00%
|
|
|
|
Middle Atlantic
|
104
|
-44
|
-39
|
4,803
|
-460
|
334
|
-9.00%
|
7.00%
|
|
|
|
E N Central
|
128
|
-24
|
-18
|
5,289
|
-517
|
436
|
-9.00%
|
9.00%
|
|
|
|
W N Central
|
159
|
12
|
20
|
5,586
|
-538
|
432
|
-9.00%
|
8.00%
|
|
|
|
South Atlantic
|
17
|
-42
|
-30
|
2,433
|
-215
|
124
|
-8.00%
|
5.00%
|
|
|
|
E S Central
|
22
|
-50
|
-28
|
2,976
|
-379
|
61
|
-11.00%
|
2.00%
|
|
|
|
W S Central
|
16
|
-21
|
-11
|
1,865
|
-336
|
-117
|
-15.00%
|
-6.00%
|
|
|
|
Mountain
|
153
|
33
|
29
|
4,218
|
-335
|
-29
|
-7.00%
|
-1.00%
|
|
|
|
Pacific
|
110
|
27
|
6
|
2,655
|
-75
|
64
|
-3.00%
|
2.00%
|
|
|
|
United States
|
87
|
-17
|
-13
|
3,719
|
-335
|
192
|
-8.00%
|
5.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
