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Prices as of 8:39 AM CST
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Current Price
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Previous Settle
|
% Change
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Change
|
Volume
|
|
|
Natural Gas
|
$2.675
|
$2.814
|
-4.94%
|
-$0.139
|
44,700
|
|
|
WTI
|
$73.41
|
$74.07
|
-0.89%
|
-$0.66
|
153,282
|
|
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Brent
|
$78.21
|
$82.83
|
-5.58%
|
-$4.62
|
13,627
|
|
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ULSD
|
$2.667
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$2.661
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0.20%
|
$0.005
|
9,190
|
|
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RBOB
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$2.115
|
$2.121
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-0.29%
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-$0.006
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7,538
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Spreads
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Current
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Previous
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% Change
|
Change
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Contract
|
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WTI-Brent
|
$4.59
|
$4.63
|
-0.86%
|
-$0.04
|
Feb-24
|
|
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3:2:1 Crack
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$22.58
|
$22.08
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2.23%
|
$0.49
|
Jan-24
|
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PJM West Spark
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$53.16
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$51.37
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3.48%
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$1.79
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Jan-24
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Baker Hughes Rig Count
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Date
|
Count
|
Change
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1 Year Chg.
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1 Year Date
|
|
|
U.S.
|
12/01/23
|
625
|
3
|
-159
|
12/02/22
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Canada
|
12/01/23
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192
|
-5
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-3
|
12/02/22
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International
|
Nov
|
978
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16
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68
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Nov
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CFTC Net Positions
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As of 11/28/2023
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Open Interest
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Total Net Long
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Total Net Short
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Diff
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PJM West On Peak
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96,067
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95,706
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95,712
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-6
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PJM West Off Peak
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86,636
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86,018
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86,066
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-48
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Natural Gas Henry Hub
|
412,900
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389,640
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401,546
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-11,906
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WTI – Light Sweet Crude Futures
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159,363
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138,914
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119,328
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19,586
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Brent Crude Last Day
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146,298
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135,485
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138,582
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-3,097
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NYM Ethanol
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36,693
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36,126
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35,787
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339
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Mt Belvieu LDH Propane Swap
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157,028
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156,518
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156,643
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-125
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RBOB
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344,150
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321,372
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329,994
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-8,622
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HSC Basis
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702,865
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696,883
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694,391
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2,492
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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
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$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
|
$3.91
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$6.42
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$2.61
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$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 %
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2021
|
2022
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2023projected
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2024projected
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Natural gas
|
37.00%
|
39.00%
|
42.00%
|
41.00%
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Coal
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23.00%
|
20.00%
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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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|
11/30/18
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11/24/23
|
11/17/23
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Net Change
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% Change
|
11/25/22
|
% Change
|
5 Year Avg.
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% Change
|
|
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East
|
915
|
918
|
-3
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-0.33%
|
840
|
8.93%
|
857
|
6.79%
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Midwest
|
1,111
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1,118
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-7
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-0.63%
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1,040
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6.83%
|
1,032
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7.68%
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Mountain
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252
|
255
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-3
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-1.18%
|
197
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27.92%
|
202
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24.63%
|
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Pacific
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298
|
296
|
2
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0.68%
|
226
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31.86%
|
269
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10.70%
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South
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1,260
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1,240
|
20
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1.61%
|
1,181
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6.69%
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1,154
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9.17%
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Salt
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343
|
331
|
12
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3.63%
|
314
|
9.24%
|
319
|
7.46%
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Non_Salt
|
917
|
909
|
8
|
0.88%
|
867
|
5.77%
|
835
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9.79%
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Total
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3,836
|
3,826
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10
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0.26%
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3,483
|
10.13%
|
3,514
|
9.18%
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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
|
12/1/23
|
11/30/23
|
% Change
|
Change
|
11/2/23
|
% Change
|
12/2/22
|
% Change
|
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PJM West On Peak
|
Jan-24
|
$58.88
|
$57.39
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2.60%
|
$1.49
|
$69.20
|
-14.92%
|
$119.22
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-50.61%
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ERCOT North On Peak
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Jan-24
|
$74.08
|
$73.95
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0.19%
|
$0.14
|
$87.11
|
-14.95%
|
$81.51
|
-9.11%
|
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CAISO SP 15 On Peak
|
Jan-24
|
$69.77
|
$70.70
|
-1.32%
|
-$0.93
|
$89.74
|
-22.26%
|
$87.96
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-20.68%
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MISO Indiana On Peak
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Jan-24
|
$53.71
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$52.21
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2.87%
|
$1.50
|
$63.11
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-14.90%
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$107.84
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-50.20%
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NEISO Mass On Peak
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Jan-24
|
$114.63
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$113.56
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0.94%
|
$1.07
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$118.42
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-3.20%
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$224.69
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-48.98%
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WECC Mid C On Peak
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Jan-24
|
$119.50
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$118.92
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0.48%
|
$0.58
|
$137.77
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-13.26%
|
$124.38
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-3.93%
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NYISO Zone G On Peak
|
Jan-24
|
$85.26
|
$84.64
|
0.72%
|
$0.61
|
$88.50
|
-3.66%
|
$171.82
|
-50.38%
|
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Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/1/23
|
11/30/23
|
% Change
|
Change
|
11/2/23
|
% Change
|
12/2/22
|
% Change
|
|
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NYMEX Henry Hub
|
Jan-24
|
$2.814
|
$2.802
|
0.43%
|
$0.01
|
$3.75
|
-24.96%
|
$5.93
|
-52.51%
|
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Houston Ship Channel
|
Jan-24
|
$0.283
|
$0.305
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-7.19%
|
-$0.02
|
$0.38
|
-26.53%
|
-$0.02
|
-1278.33%
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Chicago
|
Jan-24
|
$0.601
|
$0.619
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3.01%
|
-$0.02
|
$0.87
|
-31.19%
|
$0.81
|
-25.64%
|
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Waha
|
Jan-24
|
-$0.047
|
-$0.019
|
-139.69%
|
-$0.03
|
$0.29
|
-116.28%
|
-$0.70
|
-93.40%
|
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Algonquin
|
Jan-24
|
$9.902
|
$9.930
|
-0.29%
|
-$0.03
|
$10.62
|
-6.76%
|
$22.35
|
-55.69%
|
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Aeco
|
Jan-24
|
-$0.873
|
-$0.869
|
0.48%
|
$0.00
|
-$1.43
|
-38.86%
|
-$1.84
|
-52.56%
|
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Socal
|
Jan-24
|
$2.524
|
$2.641
|
-4.44%
|
-$0.12
|
$4.78
|
-47.21%
|
$1.64
|
53.65%
|
|
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Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/1/23
|
11/30/23
|
% Change
|
Change
|
11/2/23
|
% Change
|
12/2/22
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Jan-24
|
$0.693
|
$0.662
|
4.69%
|
$0.03
|
$0.66
|
5.07%
|
$0.85
|
-18.64%
|
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|
Mt. Belvieu Propane non LST
|
Jan-24
|
$0.692
|
$0.648
|
6.90%
|
$0.04
|
$0.67
|
4.10%
|
$0.84
|
-17.48%
|
|
|
Mt. Belview Ethane
|
Jan-24
|
$0.215
|
$0.216
|
-0.57%
|
$0.00
|
$0.27
|
-18.87%
|
$0.31
|
-31.62%
|
|
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Mt. Belview Nat. Gasoline
|
Jan-24
|
$1.518
|
$1.494
|
1.60%
|
$0.02
|
$1.53
|
-1.11%
|
$1.52
|
-0.28%
|
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Mt. Belvieu Butane LST
|
Jan-24
|
$0.951
|
$0.918
|
3.55%
|
$0.03
|
$0.88
|
8.17%
|
$0.95
|
0.25%
|
|
|
Far East Propane
|
Jan-24
|
$6.698
|
$6.641
|
0.86%
|
$0.06
|
$6.98
|
-3.98%
|
$5.71
|
17.31%
|
|
|
Saudi Propane
|
Jan-24
|
$6.019
|
$6.096
|
-1.26%
|
-$0.08
|
$5.93
|
1.47%
|
$5.10
|
18.01%
|
|
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|
|
|
|
|
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|
|
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|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/1/23
|
11/30/23
|
% Change
|
Change
|
11/2/23
|
% Change
|
12/2/22
|
% Change
|
|
|
WTI
|
Jan-24
|
$74.07
|
$75.96
|
-2.55%
|
-$1.89
|
$82.16
|
-9.85%
|
$77.46
|
-4.38%
|
|
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Brent
|
Jan-24
|
$78.95
|
$81.02
|
-2.62%
|
-$2.07
|
$86.85
|
-9.10%
|
$82.51
|
-4.31%
|
|
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WCS
|
Jan-24
|
-$23.62
|
-$23.34
|
1.20%
|
-$0.28
|
-$24.82
|
-4.84%
|
-$26.76
|
-11.73%
|
|
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LLS
|
Jan-24
|
$78.77
|
$79.46
|
-0.87%
|
-$0.69
|
$83.88
|
-6.09%
|
$79.04
|
-0.34%
|
|
|
Mars
|
Jan-24
|
$75.97
|
$76.80
|
-1.09%
|
-$0.83
|
$80.56
|
-5.70%
|
$73.72
|
3.05%
|
|
|
Sour
|
Jan-24
|
$74.84
|
$76.39
|
-2.08%
|
-$1.56
|
$81.22
|
-7.87%
|
$74.33
|
0.67%
|
|
|
ESPO
|
Jan-24
|
$76.95
|
$79.02
|
-2.69%
|
-$2.07
|
$84.85
|
-9.31%
|
$79.46
|
-3.16%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/1/23
|
11/30/23
|
% Change
|
Change
|
11/2/23
|
% Change
|
12/2/22
|
% Change
|
|
|
NY Heating Oil
|
Jan-24
|
$2.67
|
$2.76
|
-3.12%
|
-$0.09
|
$2.94
|
-9.08%
|
$2.85
|
-6.21%
|
|
|
NY Gasoline
|
Jan-24
|
$2.17
|
$2.17
|
-0.09%
|
$0.00
|
$2.24
|
-3.08%
|
$2.18
|
-0.23%
|
|
|
GC Gasoline
|
Jan-24
|
$2.07
|
$2.08
|
-0.10%
|
$0.00
|
$2.14
|
-3.22%
|
$2.08
|
-0.24%
|
|
|
GC Jet
|
Jan-24
|
$2.38
|
$2.45
|
-2.53%
|
-$0.06
|
$2.83
|
-15.84%
|
$2.57
|
-7.31%
|
|
|
Chicago Ethanol
|
Jan-24
|
$1.75
|
$1.74
|
0.69%
|
$0.01
|
$1.75
|
-0.11%
|
$1.98
|
-11.66%
|
|
|
Rotterdam Gasoil
|
Jan-24
|
$745.52
|
$748.00
|
-0.33%
|
-$2.48
|
$807.66
|
-7.69%
|
$756.56
|
-1.46%
|
|
|
Singapore Jet Kero
|
Jan-24
|
$102.80
|
$106.59
|
-3.56%
|
-$3.79
|
$107.96
|
-4.78%
|
$101.44
|
1.33%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/1/23
|
11/30/23
|
% Change
|
Change
|
11/2/23
|
% Change
|
12/2/22
|
% Change
|
|
|
Henry Hub Straddle
|
Jan-24
|
65.83%
|
66.44%
|
-0.92%
|
-0.61%
|
67.52%
|
-2.50%
|
62.44%
|
5.43%
|
|
|
Algonquin Straddle
|
Jan-24
|
77.69%
|
87.35%
|
-11.06%
|
-9.66%
|
89.68%
|
-13.37%
|
81.39%
|
-4.55%
|
|
|
Waha Straddle
|
Jan-24
|
70.24%
|
77.93%
|
-9.87%
|
-7.69%
|
66.79%
|
5.17%
|
70.88%
|
-0.90%
|
|
|
Chicago Straddle
|
Jan-24
|
61.98%
|
66.18%
|
-6.35%
|
-4.20%
|
63.20%
|
-1.93%
|
59.84%
|
3.58%
|
|
|
PJM West Straddle
|
Jan-24
|
76.39%
|
75.70%
|
0.91%
|
0.69%
|
78.14%
|
-2.24%
|
71.20%
|
7.29%
|
|
|
SP – 15 Straddle
|
Jan-24
|
146.89%
|
109.55%
|
34.08%
|
37.34%
|
133.00%
|
10.44%
|
62.31%
|
135.74%
|
|
|
Mid. C Straddle
|
Jan-24
|
301.71%
|
262.70%
|
14.85%
|
39.01%
|
237.72%
|
26.92%
|
102.30%
|
194.93%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/1/23
|
11/30/23
|
% Change
|
Change
|
11/2/23
|
% Change
|
12/2/22
|
% Change
|
|
|
Dutch TTF
|
Jan-24
|
EUR 43.89
|
EUR 41.88
|
4.79%
|
EUR 2.01
|
EUR 50.76
|
-13.53%
|
EUR 135.04
|
-67.50%
|
|
|
NBP
|
Jan-24
|
GBP 110.35
|
GBP 106.82
|
3.31%
|
GBP 3.53
|
GBP 133.51
|
-17.35%
|
GBP 362.28
|
-69.54%
|
|
|
German Base
|
Jan-24
|
EUR 106.48
|
EUR 101.18
|
5.24%
|
EUR 5.30
|
EUR 113.98
|
-6.58%
|
EUR 417.16
|
-74.48%
|
|
|
UK Base
|
Jan-24
|
GBP 104.54
|
GBP 99.46
|
5.11%
|
GBP 5.08
|
GBP 118.24
|
-11.59%
|
GBP 325.34
|
-67.87%
|
|
|
French Base
|
Jan-24
|
EUR 109.64
|
EUR 105.44
|
3.98%
|
EUR 4.20
|
EUR 125.95
|
-12.95%
|
EUR 562.74
|
-80.52%
|
|
|
Italian Base
|
Jan-24
|
EUR 128.27
|
EUR 120.31
|
6.61%
|
EUR 7.96
|
EUR 150.49
|
-14.77%
|
EUR 369.75
|
-65.31%
|
|
|
JKM LNG
|
Jan-24
|
$16.26
|
$15.90
|
2.26%
|
$0.36
|
$16.50
|
-1.45%
|
$37.43
|
-56.55%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/1/23
|
11/30/23
|
% Change
|
Change
|
11/2/23
|
% Change
|
12/2/22
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Jan-24
|
$43.89
|
$41.88
|
4.79%
|
$2.01
|
$50.76
|
-13.53%
|
$135.04
|
-67.50%
|
|
|
USGC-UK Continent Dirty (WET)
|
Jan-24
|
$110.35
|
$106.82
|
3.31%
|
$3.53
|
$133.51
|
-17.35%
|
$362.28
|
-69.54%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jan-24
|
$106.48
|
$101.18
|
5.24%
|
$5.30
|
$113.98
|
-6.58%
|
$417.16
|
-74.48%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jan-24
|
$104.54
|
$99.46
|
5.11%
|
$5.08
|
$118.24
|
-11.59%
|
$325.34
|
-67.87%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jan-24
|
$109.64
|
$105.44
|
3.98%
|
$4.20
|
$125.95
|
-12.95%
|
$562.74
|
-80.52%
|
|
|
Supramax Timecharter (DRY)
|
Jan-24
|
$128.27
|
$120.31
|
6.61%
|
$7.96
|
$150.49
|
-14.77%
|
$369.75
|
-65.31%
|
|
|
Capesize Timecharter (DRY)
|
Jan-24
|
$16.26
|
$15.90
|
2.26%
|
$0.36
|
$16.50
|
-1.45%
|
$37.43
|
-56.55%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12/02/2023
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
0
|
0
|
-33
|
551
|
134
|
-135
|
32.00%
|
-20.00%
|
|
|
Middle Atlantic
|
0
|
0 –
|
122
|
698
|
42
|
-280
|
6.00%
|
-29.00%
|
|
|
E N Central
|
0
|
0
|
-23
|
664
|
-45
|
-185
|
-6.00%
|
-22.00%
|
|
|
W N Central
|
0
|
0
|
0
|
1,057
|
130
|
-34
|
14.00%
|
-3.00%
|
|
|
South Atlantic
|
6
|
-4
|
-47
|
2,032
|
98
|
-154
|
5.00%
|
-7.00%
|
|
|
E S Central
|
0
|
-1
|
0
|
1,632
|
87
|
-90
|
6.00%
|
-5.00%
|
|
|
W S Central
|
0
|
-4
|
-9
|
2,934
|
494
|
36
|
20.00%
|
1.00%
|
|
|
Mountain
|
0
|
0
|
-22
|
1,253
|
10
|
-153
|
1.00%
|
-11.00%
|
|
|
Pacific
|
0
|
-1
|
-1
|
695
|
-8
|
-281
|
-1.00%
|
-29.00%
|
|
|
United States
|
1
|
-1
|
-34
|
1,301
|
91
|
-162
|
8.00%
|
-11.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12/02/2023
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
202
|
-1
|
24
|
1,278
|
-166
|
62
|
-11.00%
|
5.00%
|
|
|
Middle Atlantic
|
199
|
12
|
27
|
1,125
|
-123
|
19
|
-10.00%
|
2.00%
|
|
|
E N Central
|
233
|
19
|
41
|
1,282
|
-118
|
-51
|
-8.00%
|
-4.00%
|
|
|
W N Central
|
247
|
6
|
20
|
1,322
|
-196
|
-132
|
-13.00%
|
-9.00%
|
|
|
South Atlantic
|
121
|
20
|
30
|
518
|
-40
|
-38
|
-7.00%
|
-7.00%
|
|
|
E S Central
|
148
|
16
|
33
|
629
|
-105
|
-147
|
-14.00%
|
-19.00%
|
|
|
W S Central
|
101
|
7
|
23
|
408
|
-5
|
-70
|
-1.00%
|
-15.00%
|
|
|
Mountain
|
204
|
15
|
21
|
1,091
|
-183
|
-141
|
-14.00%
|
-11.00%
|
|
|
Pacific
|
124
|
10
|
7
|
600
|
-123
|
-73
|
-17.00%
|
-11.00%
|
|
|
United States
|
168
|
13
|
26
|
865
|
-103
|
-56
|
-11.00%
|
-6.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|