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Prices as of 7:44 AM CST
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Current Price
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Previous Settle
|
% Change
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Change
|
Volume
|
|
|
Natural Gas
|
$2.749
|
$2.710
|
1.44%
|
$0.039
|
20,223
|
|
|
WTI
|
$71.59
|
$72.32
|
-1.01%
|
-$0.73
|
91,416
|
|
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Brent
|
$76.43
|
$77.20
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-1.00%
|
-$0.77
|
5,684
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|
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ULSD
|
$2.629
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$2.641
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-0.45%
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-$0.012
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5,095
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RBOB
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$2.087
|
$2.110
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-1.11%
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-$0.023
|
2,875
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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
|
$4.63
|
$4.67
|
-0.86%
|
-$0.04
|
Feb-24
|
|
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3:2:1 Crack
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$23.03
|
$23.10
|
-0.29%
|
-$0.07
|
Jan-24
|
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PJM West Spark
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$53.83
|
$52.66
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2.22%
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$1.17
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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
|
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
|
Total Net Short
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Diff
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|
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PJM West On Peak
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96,067
|
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
|
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
|
$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
|
$6.42
|
$2.61
|
$3.23
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LNG Exports
|
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%
|
16.00%
|
15.00%
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Renewables
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20.00%
|
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
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1,111
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1,118
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-7
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-0.63%
|
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%
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202
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24.63%
|
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Pacific
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298
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296
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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
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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
|
9.79%
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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
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|
Contract
|
12/5/23
|
12/4/23
|
% Change
|
Change
|
11/6/23
|
% Change
|
12/6/22
|
% Change
|
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PJM West On Peak
|
Jan-24
|
$59.71
|
$58.46
|
2.14%
|
$1.25
|
$65.77
|
-9.21%
|
$110.87
|
-46.14%
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ERCOT North On Peak
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Jan-24
|
$72.73
|
$72.41
|
0.44%
|
$0.32
|
$81.63
|
-10.91%
|
$75.47
|
-3.64%
|
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CAISO SP 15 On Peak
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Jan-24
|
$66.29
|
$64.35
|
3.02%
|
$1.94
|
$87.13
|
-23.92%
|
$85.65
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-22.60%
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MISO Indiana On Peak
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Jan-24
|
$53.24
|
$51.89
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2.60%
|
$1.35
|
$60.27
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-11.67%
|
$99.57
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-46.53%
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NEISO Mass On Peak
|
Jan-24
|
$112.37
|
$111.61
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0.68%
|
$0.76
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$126.09
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-10.88%
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$208.91
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-46.21%
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WECC Mid C On Peak
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Jan-24
|
$119.91
|
$116.18
|
3.21%
|
$3.73
|
$133.80
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-10.38%
|
$124.51
|
-3.70%
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NYISO Zone G On Peak
|
Jan-24
|
$81.92
|
$82.23
|
-0.37%
|
-$0.31
|
$92.38
|
-11.33%
|
$152.94
|
-46.44%
|
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Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/5/23
|
12/4/23
|
% Change
|
Change
|
11/6/23
|
% Change
|
12/6/22
|
% Change
|
|
|
NYMEX Henry Hub
|
Jan-24
|
$2.710
|
$2.694
|
0.59%
|
$0.02
|
$3.56
|
-23.96%
|
$5.62
|
-51.78%
|
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Houston Ship Channel
|
Jan-24
|
$0.210
|
$0.229
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-8.39%
|
-$0.02
|
$0.36
|
-41.55%
|
-$0.02
|
-1180.41%
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Chicago
|
Jan-24
|
$0.545
|
$0.591
|
8.47%
|
-$0.05
|
$0.83
|
-34.42%
|
$0.81
|
-32.50%
|
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Waha
|
Jan-24
|
-$0.087
|
-$0.055
|
-58.50%
|
-$0.03
|
$0.26
|
-132.87%
|
-$0.64
|
-86.47%
|
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Algonquin
|
Jan-24
|
$9.838
|
$9.631
|
2.15%
|
$0.21
|
$9.94
|
-0.99%
|
$21.80
|
-54.86%
|
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Aeco
|
Jan-24
|
-$0.861
|
-$0.861
|
0.02%
|
$0.00
|
-$1.36
|
-36.50%
|
-$1.82
|
-52.65%
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Socal
|
Jan-24
|
$2.289
|
$2.487
|
-7.97%
|
-$0.20
|
$4.72
|
-51.54%
|
$1.82
|
25.76%
|
|
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|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/5/23
|
12/4/23
|
% Change
|
Change
|
11/6/23
|
% Change
|
12/6/22
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Jan-24
|
$0.693
|
$0.704
|
-1.55%
|
-$0.01
|
$0.66
|
5.55%
|
$0.81
|
-14.24%
|
|
|
Mt. Belvieu Propane non LST
|
Jan-24
|
$0.700
|
$0.700
|
0.03%
|
$0.00
|
$0.66
|
6.48%
|
$0.81
|
-13.09%
|
|
|
Mt. Belview Ethane
|
Jan-24
|
$0.211
|
$0.209
|
1.19%
|
$0.00
|
$0.26
|
-18.75%
|
$0.32
|
-32.98%
|
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|
Mt. Belview Nat. Gasoline
|
Jan-24
|
$1.500
|
$1.475
|
1.69%
|
$0.02
|
$1.55
|
-3.15%
|
$1.42
|
5.46%
|
|
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Mt. Belvieu Butane LST
|
Jan-24
|
$0.987
|
$0.990
|
-0.37%
|
$0.00
|
$0.88
|
12.59%
|
$0.89
|
10.92%
|
|
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Far East Propane
|
Jan-24
|
$6.520
|
$6.566
|
-0.69%
|
-$0.05
|
$6.92
|
-5.84%
|
$5.70
|
14.35%
|
|
|
Saudi Propane
|
Jan-24
|
$5.949
|
$5.988
|
-0.66%
|
-$0.04
|
$5.97
|
-0.32%
|
$5.31
|
12.11%
|
|
|
|
|
|
|
|
|
|
|
|
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|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/5/23
|
12/4/23
|
% Change
|
Change
|
11/6/23
|
% Change
|
12/6/22
|
% Change
|
|
|
WTI
|
Jan-24
|
$72.32
|
$73.04
|
-1.00%
|
-$0.72
|
$80.60
|
-10.27%
|
$73.37
|
-1.43%
|
|
|
Brent
|
Jan-24
|
$77.23
|
$78.02
|
-1.03%
|
-$0.79
|
$85.18
|
-9.34%
|
$78.09
|
-1.10%
|
|
|
WCS
|
Jan-24
|
-$22.44
|
-$20.87
|
7.01%
|
-$1.57
|
-$22.63
|
-0.84%
|
-$25.62
|
-12.42%
|
|
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LLS
|
Jan-24
|
$75.46
|
$75.84
|
-0.50%
|
-$0.38
|
$82.72
|
-8.78%
|
$74.97
|
0.65%
|
|
|
Mars
|
Jan-24
|
$72.73
|
$73.08
|
-0.48%
|
-$0.35
|
$79.88
|
-8.95%
|
$71.14
|
2.24%
|
|
|
Sour
|
Jan-24
|
$72.75
|
$73.37
|
-0.85%
|
-$0.62
|
$80.00
|
-9.07%
|
$71.93
|
1.13%
|
|
|
ESPO
|
Jan-24
|
$75.23
|
$76.02
|
-1.05%
|
-$0.79
|
$83.18
|
-9.56%
|
$76.91
|
-2.18%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/5/23
|
12/4/23
|
% Change
|
Change
|
11/6/23
|
% Change
|
12/6/22
|
% Change
|
|
|
NY Heating Oil
|
Jan-24
|
$2.64
|
$2.67
|
-1.24%
|
-$0.03
|
$2.89
|
-8.95%
|
$2.64
|
-0.11%
|
|
|
NY Gasoline
|
Jan-24
|
$2.11
|
$2.14
|
-1.36%
|
-$0.03
|
$2.23
|
-5.34%
|
$2.10
|
0.48%
|
|
|
GC Gasoline
|
Jan-24
|
$2.01
|
$2.04
|
-1.42%
|
-$0.03
|
$2.13
|
-5.59%
|
$2.00
|
0.50%
|
|
|
GC Jet
|
Jan-24
|
$2.37
|
$2.63
|
-9.98%
|
-$0.26
|
$2.73
|
-13.24%
|
$2.44
|
-2.79%
|
|
|
Chicago Ethanol
|
Jan-24
|
$1.72
|
$1.74
|
-1.15%
|
-$0.02
|
$1.74
|
-1.44%
|
$1.92
|
-10.77%
|
|
|
Rotterdam Gasoil
|
Jan-24
|
$723.99
|
$727.14
|
-0.43%
|
-$3.15
|
$792.29
|
-8.62%
|
$738.17
|
-1.92%
|
|
|
Singapore Jet Kero
|
Jan-24
|
$100.60
|
$101.74
|
-1.12%
|
-$1.14
|
$107.06
|
-6.03%
|
$95.65
|
5.18%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/5/23
|
12/4/23
|
% Change
|
Change
|
11/6/23
|
% Change
|
12/6/22
|
% Change
|
|
|
Henry Hub Straddle
|
Jan-24
|
63.56%
|
60.59%
|
4.90%
|
2.97%
|
74.05%
|
-14.17%
|
61.24%
|
3.79%
|
|
|
Algonquin Straddle
|
Jan-24
|
73.74%
|
73.00%
|
1.01%
|
0.74%
|
92.29%
|
-20.10%
|
80.98%
|
-8.94%
|
|
|
Waha Straddle
|
Jan-24
|
67.81%
|
65.29%
|
3.86%
|
2.52%
|
73.61%
|
-7.88%
|
69.54%
|
-2.49%
|
|
|
Chicago Straddle
|
Jan-24
|
62.69%
|
59.87%
|
4.71%
|
2.82%
|
66.98%
|
-6.40%
|
57.67%
|
8.70%
|
|
|
PJM West Straddle
|
Jan-24
|
82.80%
|
84.32%
|
-1.80%
|
-1.52%
|
79.44%
|
4.23%
|
71.52%
|
15.77%
|
|
|
SP – 15 Straddle
|
Jan-24
|
177.81%
|
116.91%
|
52.09%
|
60.90%
|
104.27%
|
70.53%
|
70.83%
|
151.04%
|
|
|
Mid. C Straddle
|
Jan-24
|
453.56%
|
321.86%
|
40.92%
|
131.70%
|
226.62%
|
100.14%
|
86.35%
|
425.26%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/5/23
|
12/4/23
|
% Change
|
Change
|
11/6/23
|
% Change
|
12/6/22
|
% Change
|
|
|
Dutch TTF
|
Jan-24
|
EUR 38.08
|
EUR 40.40
|
-5.75%
|
-EUR 2.32
|
EUR 46.84
|
-18.69%
|
EUR 140.18
|
-72.83%
|
|
|
NBP
|
Jan-24
|
GBP 95.59
|
GBP 101.73
|
-6.03%
|
-GBP 6.13
|
GBP 122.09
|
-21.71%
|
GBP 362.66
|
-73.64%
|
|
|
German Base
|
Jan-24
|
EUR 96.23
|
EUR 99.32
|
-3.12%
|
-EUR 3.09
|
EUR 113.23
|
-15.02%
|
EUR 429.29
|
-77.58%
|
|
|
UK Base
|
Jan-24
|
GBP 85.88
|
GBP 94.95
|
-9.56%
|
-GBP 9.07
|
GBP 114.35
|
-24.90%
|
GBP 330.70
|
-74.03%
|
|
|
French Base
|
Jan-24
|
EUR 97.42
|
EUR 100.82
|
-3.37%
|
-EUR 3.40
|
EUR 123.34
|
-21.02%
|
EUR 568.34
|
-82.86%
|
|
|
Italian Base
|
Jan-24
|
EUR 116.12
|
EUR 123.40
|
-5.89%
|
-EUR 7.27
|
EUR 137.92
|
-15.80%
|
EUR 386.97
|
-69.99%
|
|
|
JKM LNG
|
Jan-24
|
$15.31
|
$15.14
|
1.13%
|
$0.17
|
$16.11
|
-4.97%
|
$38.85
|
-60.60%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/5/23
|
12/4/23
|
% Change
|
Change
|
11/6/23
|
% Change
|
12/6/22
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Jan-24
|
$38.08
|
$40.40
|
-5.75%
|
-$2.32
|
$46.84
|
-18.69%
|
$140.18
|
-72.83%
|
|
|
USGC-UK Continent Dirty (WET)
|
Jan-24
|
$95.59
|
$101.73
|
-6.03%
|
-$6.13
|
$122.09
|
-21.71%
|
$362.66
|
-73.64%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jan-24
|
$96.23
|
$99.32
|
-3.12%
|
-$3.09
|
$113.23
|
-15.02%
|
$429.29
|
-77.58%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jan-24
|
$85.88
|
$94.95
|
-9.56%
|
-$9.07
|
$114.35
|
-24.90%
|
$330.70
|
-74.03%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jan-24
|
$97.42
|
$100.82
|
-3.37%
|
-$3.40
|
$123.34
|
-21.02%
|
$568.34
|
-82.86%
|
|
|
Supramax Timecharter (DRY)
|
Jan-24
|
$116.12
|
$123.40
|
-5.89%
|
-$7.27
|
$137.92
|
-15.80%
|
$386.97
|
-69.99%
|
|
|
Capesize Timecharter (DRY)
|
Jan-24
|
$15.31
|
$15.14
|
1.13%
|
$0.17
|
$16.11
|
-4.97%
|
$38.85
|
-60.60%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|