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Prices as of 7:50 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$2.748
|
$2.694
|
2.00%
|
$0.054
|
19,837
|
|
|
WTI
|
$72.55
|
$73.04
|
-0.67%
|
-$0.49
|
85,170
|
|
|
Brent
|
$77.51
|
$78.03
|
-0.67%
|
-$0.52
|
6,993
|
|
|
ULSD
|
$2.659
|
$2.660
|
-0.02%
|
$0.000
|
5,281
|
|
|
RBOB
|
$2.125
|
$2.134
|
-0.41%
|
-$0.009
|
3,377
|
|
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Spreads
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Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
WTI-Brent
|
$4.69
|
$4.71
|
-0.42%
|
-$0.02
|
Feb-24
|
|
|
3:2:1 Crack
|
$23.34
|
$23.20
|
0.60%
|
$0.14
|
Jan-24
|
|
|
PJM West Spark
|
$52.58
|
$53.12
|
-1.01%
|
-$0.54
|
Jan-24
|
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Baker Hughes Rig Count
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Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
U.S.
|
12/01/23
|
625
|
3
|
-159
|
12/02/22
|
|
|
Canada
|
12/01/23
|
192
|
-5
|
-3
|
12/02/22
|
|
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International
|
Nov
|
978
|
16
|
68
|
Nov
|
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CFTC Net Positions
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As of 11/28/2023
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
PJM West On Peak
|
96,067
|
95,706
|
95,712
|
-6
|
|
|
PJM West Off Peak
|
86,636
|
86,018
|
86,066
|
-48
|
|
|
Natural Gas Henry Hub
|
412,900
|
389,640
|
401,546
|
-11,906
|
|
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WTI – Light Sweet Crude Futures
|
159,363
|
138,914
|
119,328
|
19,586
|
|
|
Brent Crude Last Day
|
146,298
|
135,485
|
138,582
|
-3,097
|
|
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NYM Ethanol
|
36,693
|
36,126
|
35,787
|
339
|
|
|
Mt Belvieu LDH Propane Swap
|
157,028
|
156,518
|
156,643
|
-125
|
|
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RBOB
|
344,150
|
321,372
|
329,994
|
-8,622
|
|
|
HSC Basis
|
702,865
|
696,883
|
694,391
|
2,492
|
|
|
|
|
|
|
|
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EIA Short Term Energy Outlook
|
|
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|
|
|
|
|
|
|
|
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
|
|
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|
|
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|
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|
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%
|
|
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|
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Short Term Energy Outlook
|
|
|
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|
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|
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|
|
|
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EIA Lower 48 Natural Gas Storage
|
|
|
|
|
|
|
|
|
|
|
|
11/30/18
|
|
|
|
|
11/24/23
|
11/17/23
|
Net Change
|
% Change
|
11/25/22
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
915
|
918
|
-3
|
-0.33%
|
840
|
8.93%
|
857
|
6.79%
|
|
|
Midwest
|
1,111
|
1,118
|
-7
|
-0.63%
|
1,040
|
6.83%
|
1,032
|
7.68%
|
|
|
Mountain
|
252
|
255
|
-3
|
-1.18%
|
197
|
27.92%
|
202
|
24.63%
|
|
|
Pacific
|
298
|
296
|
2
|
0.68%
|
226
|
31.86%
|
269
|
10.70%
|
|
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South
|
1,260
|
1,240
|
20
|
1.61%
|
1,181
|
6.69%
|
1,154
|
9.17%
|
|
|
Salt
|
343
|
331
|
12
|
3.63%
|
314
|
9.24%
|
319
|
7.46%
|
|
|
Non_Salt
|
917
|
909
|
8
|
0.88%
|
867
|
5.77%
|
835
|
9.79%
|
|
|
Total
|
3,836
|
3,826
|
10
|
0.26%
|
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
|
|
|
|
Contract
|
12/4/23
|
12/1/23
|
% Change
|
Change
|
11/3/23
|
% Change
|
12/5/22
|
% Change
|
|
|
PJM West On Peak
|
Jan-24
|
$58.46
|
$58.88
|
-0.71%
|
-$0.42
|
$72.16
|
-18.98%
|
$111.26
|
-47.46%
|
|
|
ERCOT North On Peak
|
Jan-24
|
$72.41
|
$74.08
|
-2.26%
|
-$1.68
|
$89.91
|
-19.46%
|
$73.53
|
-1.52%
|
|
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CAISO SP 15 On Peak
|
Jan-24
|
$64.35
|
$69.77
|
-7.77%
|
-$5.42
|
$92.94
|
-30.76%
|
$86.46
|
-25.57%
|
|
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MISO Indiana On Peak
|
Jan-24
|
$51.89
|
$53.71
|
-3.38%
|
-$1.82
|
$65.81
|
-21.15%
|
$100.55
|
-48.40%
|
|
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NEISO Mass On Peak
|
Jan-24
|
$111.61
|
$114.63
|
-2.63%
|
-$3.02
|
$127.00
|
-12.12%
|
$213.32
|
-47.68%
|
|
|
WECC Mid C On Peak
|
Jan-24
|
$116.18
|
$119.50
|
-2.78%
|
-$3.32
|
$140.34
|
-17.21%
|
$122.90
|
-5.47%
|
|
|
NYISO Zone G On Peak
|
Jan-24
|
$82.23
|
$85.26
|
-3.56%
|
-$3.03
|
$93.90
|
-12.44%
|
$157.42
|
-47.77%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/4/23
|
12/1/23
|
% Change
|
Change
|
11/3/23
|
% Change
|
12/5/22
|
% Change
|
|
|
NYMEX Henry Hub
|
Jan-24
|
$2.694
|
$2.814
|
-4.26%
|
-$0.12
|
$3.80
|
-29.01%
|
$5.73
|
-52.98%
|
|
|
Houston Ship Channel
|
Jan-24
|
$0.229
|
$0.283
|
-19.09%
|
-$0.05
|
$0.38
|
-39.17%
|
-$0.02
|
-1512.35%
|
|
|
Chicago
|
Jan-24
|
$0.591
|
$0.601
|
1.67%
|
-$0.01
|
$0.80
|
-25.89%
|
$0.80
|
-26.48%
|
|
|
Waha
|
Jan-24
|
-$0.055
|
-$0.047
|
-17.63%
|
-$0.01
|
$0.30
|
-118.08%
|
-$0.59
|
-90.77%
|
|
|
Algonquin
|
Jan-24
|
$9.631
|
$9.902
|
-2.73%
|
-$0.27
|
$10.63
|
-9.36%
|
$22.56
|
-57.30%
|
|
|
Aeco
|
Jan-24
|
-$0.861
|
-$0.873
|
-1.37%
|
$0.01
|
-$1.24
|
-30.59%
|
-$1.83
|
-52.94%
|
|
|
Socal
|
Jan-24
|
$2.487
|
$2.524
|
-1.47%
|
-$0.04
|
$4.86
|
-48.79%
|
$1.64
|
51.43%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/4/23
|
12/1/23
|
% Change
|
Change
|
11/3/23
|
% Change
|
12/5/22
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Jan-24
|
$0.704
|
$0.693
|
1.46%
|
$0.01
|
$0.65
|
7.83%
|
$0.84
|
-16.13%
|
|
|
Mt. Belvieu Propane non LST
|
Jan-24
|
$0.700
|
$0.692
|
1.10%
|
$0.01
|
$0.65
|
7.11%
|
$0.83
|
-15.93%
|
|
|
Mt. Belview Ethane
|
Jan-24
|
$0.209
|
$0.215
|
-2.91%
|
-$0.01
|
$0.27
|
-21.71%
|
$0.33
|
-37.39%
|
|
|
Mt. Belview Nat. Gasoline
|
Jan-24
|
$1.475
|
$1.518
|
-2.83%
|
-$0.04
|
$1.53
|
-3.50%
|
$1.50
|
-1.41%
|
|
|
Mt. Belvieu Butane LST
|
Jan-24
|
$0.990
|
$0.951
|
4.16%
|
$0.04
|
$0.85
|
16.10%
|
$0.94
|
5.77%
|
|
|
Far East Propane
|
Jan-24
|
$6.566
|
$6.698
|
-1.98%
|
-$0.13
|
$6.93
|
-5.25%
|
$5.72
|
14.88%
|
|
|
Saudi Propane
|
Jan-24
|
$5.988
|
$6.019
|
-0.51%
|
-$0.03
|
$5.92
|
1.14%
|
$5.31
|
12.68%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/4/23
|
12/1/23
|
% Change
|
Change
|
11/3/23
|
% Change
|
12/5/22
|
% Change
|
|
|
WTI
|
Jan-24
|
$73.04
|
$74.07
|
-1.41%
|
-$1.03
|
$80.23
|
-8.96%
|
$75.63
|
-3.42%
|
|
|
Brent
|
Jan-24
|
$78.02
|
$78.95
|
-1.19%
|
-$0.93
|
$84.89
|
-8.09%
|
$80.51
|
-3.09%
|
|
|
WCS
|
Jan-24
|
-$20.87
|
-$23.62
|
-13.19%
|
$2.75
|
-$26.99
|
-22.67%
|
-$24.23
|
-13.87%
|
|
|
LLS
|
Jan-24
|
$75.84
|
$78.77
|
-3.86%
|
-$2.93
|
$82.45
|
-8.02%
|
$77.37
|
-1.97%
|
|
|
Mars
|
Jan-24
|
$73.08
|
$75.97
|
-3.95%
|
-$2.89
|
$78.93
|
-7.42%
|
$73.07
|
0.01%
|
|
|
Sour
|
Jan-24
|
$73.37
|
$74.84
|
-2.00%
|
-$1.47
|
$80.02
|
-8.31%
|
$72.92
|
0.61%
|
|
|
ESPO
|
Jan-24
|
$76.02
|
$76.95
|
-1.22%
|
-$0.93
|
$82.89
|
-8.29%
|
$77.50
|
-1.91%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/4/23
|
12/1/23
|
% Change
|
Change
|
11/3/23
|
% Change
|
12/5/22
|
% Change
|
|
|
NY Heating Oil
|
Jan-24
|
$2.67
|
$2.67
|
-0.19%
|
-$0.01
|
$2.86
|
-6.65%
|
$2.69
|
-0.89%
|
|
|
NY Gasoline
|
Jan-24
|
$2.14
|
$2.17
|
-1.56%
|
-$0.03
|
$2.19
|
-2.51%
|
$2.14
|
-0.23%
|
|
|
GC Gasoline
|
Jan-24
|
$2.04
|
$2.07
|
-1.64%
|
-$0.03
|
$2.09
|
-2.63%
|
$2.04
|
-0.24%
|
|
|
GC Jet
|
Jan-24
|
$2.63
|
$2.38
|
10.48%
|
$0.25
|
$2.76
|
-4.36%
|
$2.49
|
5.74%
|
|
|
Chicago Ethanol
|
Jan-24
|
$1.74
|
$1.75
|
-0.86%
|
-$0.01
|
$1.77
|
-2.25%
|
$1.93
|
-10.06%
|
|
|
Rotterdam Gasoil
|
Jan-24
|
$727.14
|
$745.52
|
-2.46%
|
-$18.38
|
$786.10
|
-7.50%
|
$735.44
|
-1.13%
|
|
|
Singapore Jet Kero
|
Jan-24
|
$101.74
|
$102.80
|
-1.03%
|
-$1.06
|
$109.72
|
-7.28%
|
$99.99
|
1.75%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/4/23
|
12/1/23
|
% Change
|
Change
|
11/3/23
|
% Change
|
12/5/22
|
% Change
|
|
|
Henry Hub Straddle
|
Jan-24
|
60.59%
|
65.83%
|
-7.96%
|
-5.24%
|
68.23%
|
-11.20%
|
65.69%
|
-7.76%
|
|
|
Algonquin Straddle
|
Jan-24
|
73.00%
|
77.69%
|
-6.04%
|
-4.69%
|
88.04%
|
-17.08%
|
78.47%
|
-6.97%
|
|
|
Waha Straddle
|
Jan-24
|
65.29%
|
70.24%
|
-7.05%
|
-4.95%
|
67.57%
|
-3.37%
|
74.09%
|
-11.88%
|
|
|
Chicago Straddle
|
Jan-24
|
59.87%
|
61.98%
|
-3.40%
|
-2.11%
|
64.03%
|
-6.50%
|
62.22%
|
-3.78%
|
|
|
PJM West Straddle
|
Jan-24
|
84.32%
|
76.39%
|
10.38%
|
7.93%
|
80.25%
|
5.07%
|
70.79%
|
19.11%
|
|
|
SP – 15 Straddle
|
Jan-24
|
116.91%
|
146.89%
|
-20.41%
|
-29.98%
|
112.35%
|
4.06%
|
62.25%
|
87.81%
|
|
|
Mid. C Straddle
|
Jan-24
|
321.86%
|
301.71%
|
6.68%
|
20.15%
|
237.35%
|
35.61%
|
115.50%
|
178.67%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/4/23
|
12/1/23
|
% Change
|
Change
|
11/3/23
|
% Change
|
12/5/22
|
% Change
|
|
|
Dutch TTF
|
Jan-24
|
EUR 40.40
|
EUR 43.89
|
-7.94%
|
-EUR 3.49
|
EUR 49.79
|
-18.85%
|
EUR 135.37
|
-70.15%
|
|
|
NBP
|
Jan-24
|
GBP 101.73
|
GBP 110.35
|
-7.82%
|
-GBP 8.63
|
GBP 131.30
|
-22.52%
|
GBP 359.98
|
-71.74%
|
|
|
German Base
|
Jan-24
|
EUR 99.32
|
EUR 106.48
|
-6.72%
|
-EUR 7.16
|
EUR 117.90
|
-15.76%
|
EUR 415.58
|
-76.10%
|
|
|
UK Base
|
Jan-24
|
GBP 94.95
|
GBP 104.54
|
-9.17%
|
-GBP 9.59
|
GBP 117.89
|
-19.46%
|
GBP 322.82
|
-70.59%
|
|
|
French Base
|
Jan-24
|
EUR 100.82
|
EUR 109.64
|
-8.05%
|
-EUR 8.83
|
EUR 127.85
|
-21.15%
|
EUR 552.04
|
-81.74%
|
|
|
Italian Base
|
Jan-24
|
EUR 123.40
|
EUR 128.27
|
-3.80%
|
-EUR 4.87
|
EUR 146.30
|
-15.66%
|
EUR 379.88
|
-67.52%
|
|
|
JKM LNG
|
Jan-24
|
$15.14
|
$16.26
|
-6.93%
|
-$1.13
|
$16.88
|
-10.30%
|
$40.28
|
-62.42%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/4/23
|
12/1/23
|
% Change
|
Change
|
11/3/23
|
% Change
|
12/5/22
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Jan-24
|
$40.40
|
$43.89
|
-7.94%
|
-$3.49
|
$49.79
|
-18.85%
|
$135.37
|
-70.15%
|
|
|
USGC-UK Continent Dirty (WET)
|
Jan-24
|
$101.73
|
$110.35
|
-7.82%
|
-$8.63
|
$131.30
|
-22.52%
|
$359.98
|
-71.74%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jan-24
|
$99.32
|
$106.48
|
-6.72%
|
-$7.16
|
$117.90
|
-15.76%
|
$415.58
|
-76.10%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jan-24
|
$94.95
|
$104.54
|
-9.17%
|
-$9.59
|
$117.89
|
-19.46%
|
$322.82
|
-70.59%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jan-24
|
$100.82
|
$109.64
|
-8.05%
|
-$8.83
|
$127.85
|
-21.15%
|
$552.04
|
-81.74%
|
|
|
Supramax Timecharter (DRY)
|
Jan-24
|
$123.40
|
$128.27
|
-3.80%
|
-$4.87
|
$146.30
|
-15.66%
|
$379.88
|
-67.52%
|
|
|
Capesize Timecharter (DRY)
|
Jan-24
|
$15.14
|
$16.26
|
-6.93%
|
-$1.13
|
$16.88
|
-10.30%
|
$40.28
|
-62.42%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|