|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:53 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$2.401
|
$2.431
|
-1.23%
|
-$0.030
|
28,003
|
|
|
WTI
|
$70.64
|
$71.32
|
-0.95%
|
-$0.68
|
72,384
|
|
|
Brent
|
$75.28
|
$76.03
|
-0.99%
|
-$0.75
|
5,253
|
|
|
ULSD
|
$2.568
|
$2.609
|
-1.56%
|
-$0.041
|
7,570
|
|
|
RBOB
|
$2.029
|
$2.043
|
-0.68%
|
-$0.014
|
4,092
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
WTI-Brent
|
$4.39
|
$4.47
|
-1.79%
|
-$0.08
|
Feb-24
|
|
|
3:2:1 Crack
|
$21.84
|
$22.01
|
-0.80%
|
-$0.18
|
Jan-24
|
|
|
PJM West Spark
|
$46.58
|
$49.46
|
-5.84%
|
-$2.89
|
Jan-24
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
U.S.
|
12/08/23
|
626
|
1
|
-154
|
12/09/22
|
|
|
Canada
|
12/08/23
|
194
|
2
|
-8
|
12/09/22
|
|
|
International
|
Nov
|
978
|
16
|
68
|
Nov
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 12/5/2023
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
PJM West On Peak
|
89,379
|
88,935
|
89,079
|
-144
|
|
|
PJM West Off Peak
|
81,904
|
81,433
|
81,616
|
-183
|
|
|
Natural Gas Henry Hub
|
396,784
|
374,097
|
386,502
|
-12,405
|
|
|
WTI – Light Sweet Crude Futures
|
293,019
|
246,316
|
215,458
|
30,858
|
|
|
Brent Crude Last Day
|
124,959
|
117,282
|
119,159
|
-1,877
|
|
|
NYM Ethanol
|
30,766
|
29,997
|
30,130
|
-133
|
|
|
Mt Belvieu LDH Propane Swap
|
137,123
|
136,638
|
136,706
|
-68
|
|
|
RBOB
|
341,560
|
318,290
|
327,181
|
-8,891
|
|
|
HSC Basis
|
655,145
|
649,729
|
646,534
|
3,195
|
|
|
|
|
|
|
|
|
|
|
EIA Short Term Energy Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
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%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Short Term Energy Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EIA Lower 48 Natural Gas Storage
|
|
|
|
|
|
|
|
|
|
|
|
12/07/18
|
|
|
|
|
12/1/23
|
11/24/23
|
Net Change
|
% Change
|
12/2/22
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
876
|
915
|
-39
|
-4.26%
|
834
|
5.04%
|
838
|
4.51%
|
|
|
Midwest
|
1,082
|
1,111
|
-29
|
-2.61%
|
1,028
|
5.25%
|
1,008
|
7.34%
|
|
|
Mountain
|
245
|
252
|
-7
|
-2.78%
|
193
|
26.94%
|
197
|
24.49%
|
|
|
Pacific
|
289
|
298
|
-9
|
-3.02%
|
217
|
33.18%
|
262
|
10.39%
|
|
|
South
|
1,228
|
1,260
|
-32
|
-2.54%
|
1,191
|
3.11%
|
1,144
|
7.31%
|
|
|
Salt
|
334
|
343
|
-9
|
-2.62%
|
327
|
2.14%
|
322
|
3.86%
|
|
|
Non_Salt
|
894
|
917
|
-23
|
-2.51%
|
864
|
3.47%
|
823
|
8.68%
|
|
|
Total
|
3,719
|
3,836
|
-117
|
-3.05%
|
3,462
|
7.42%
|
3,449
|
7.82%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/11/23
|
12/8/23
|
% Change
|
Change
|
11/10/23
|
% Change
|
12/12/22
|
% Change
|
|
|
PJM West On Peak
|
Jan-24
|
$51.72
|
$54.66
|
-5.39%
|
-$2.94
|
$64.60
|
-19.94%
|
$112.03
|
-53.83%
|
|
|
ERCOT North On Peak
|
Jan-24
|
$58.00
|
$62.01
|
-6.47%
|
-$4.01
|
$81.55
|
-28.87%
|
$83.61
|
-30.63%
|
|
|
CAISO SP 15 On Peak
|
Jan-24
|
$53.29
|
$57.69
|
-7.61%
|
-$4.39
|
$84.69
|
-37.07%
|
$111.71
|
-52.29%
|
|
|
MISO Indiana On Peak
|
Jan-24
|
$45.31
|
$47.76
|
-5.14%
|
-$2.45
|
$59.14
|
-23.39%
|
$100.06
|
-54.72%
|
|
|
NEISO Mass On Peak
|
Jan-24
|
$94.95
|
$101.23
|
-6.20%
|
-$6.28
|
$116.79
|
-18.70%
|
$232.57
|
-59.17%
|
|
|
WECC Mid C On Peak
|
Jan-24
|
$96.75
|
$104.49
|
-7.41%
|
-$7.74
|
$131.26
|
-26.29%
|
$149.50
|
-35.28%
|
|
|
NYISO Zone G On Peak
|
Jan-24
|
$69.48
|
$74.61
|
-6.87%
|
-$5.12
|
$86.82
|
-19.97%
|
$170.32
|
-59.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/11/23
|
12/8/23
|
% Change
|
Change
|
11/10/23
|
% Change
|
12/12/22
|
% Change
|
|
|
NYMEX Henry Hub
|
Jan-24
|
$2.431
|
$2.581
|
-5.81%
|
-$0.15
|
$3.28
|
-25.97%
|
$6.00
|
-59.50%
|
|
|
Houston Ship Channel
|
Jan-24
|
-$0.025
|
$0.036
|
-170.08%
|
-$0.06
|
$0.34
|
-107.45%
|
$0.02
|
-212.44%
|
|
|
Chicago
|
Jan-24
|
$0.378
|
$0.437
|
15.63%
|
-$0.06
|
$0.79
|
-52.21%
|
$0.86
|
-55.94%
|
|
|
Waha
|
Jan-24
|
-$0.202
|
-$0.208
|
-2.79%
|
$0.01
|
$0.09
|
-315.11%
|
-$0.41
|
-50.66%
|
|
|
Algonquin
|
Jan-24
|
$8.698
|
$9.537
|
-8.80%
|
-$0.84
|
$10.03
|
-13.26%
|
$22.58
|
-61.48%
|
|
|
Aeco
|
Jan-24
|
-$0.918
|
-$0.953
|
-3.70%
|
$0.04
|
-$1.22
|
-25.08%
|
-$1.82
|
-49.53%
|
|
|
Socal
|
Jan-24
|
$1.748
|
$1.885
|
-7.23%
|
-$0.14
|
$4.51
|
-61.21%
|
$3.00
|
-41.66%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/11/23
|
12/8/23
|
% Change
|
Change
|
11/10/23
|
% Change
|
12/12/22
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Jan-24
|
$0.674
|
$0.693
|
-2.66%
|
-$0.02
|
$0.63
|
7.42%
|
$0.79
|
-14.44%
|
|
|
Mt. Belvieu Propane non LST
|
Jan-24
|
$0.680
|
$0.689
|
-1.30%
|
-$0.01
|
$0.63
|
7.50%
|
$0.79
|
-13.83%
|
|
|
Mt. Belview Ethane
|
Jan-24
|
$0.181
|
$0.196
|
-7.66%
|
-$0.02
|
$0.24
|
-22.89%
|
$0.32
|
-43.76%
|
|
|
Mt. Belview Nat. Gasoline
|
Jan-24
|
$1.423
|
$1.420
|
0.17%
|
$0.00
|
$1.50
|
-5.36%
|
$1.39
|
2.21%
|
|
|
Mt. Belvieu Butane LST
|
Jan-24
|
$0.998
|
$0.994
|
0.35%
|
$0.00
|
$0.84
|
18.28%
|
$0.89
|
12.52%
|
|
|
Far East Propane
|
Jan-24
|
$6.644
|
$6.709
|
-0.98%
|
-$0.07
|
$7.06
|
-5.88%
|
$5.53
|
20.04%
|
|
|
Saudi Propane
|
Jan-24
|
$6.041
|
$6.076
|
-0.57%
|
-$0.03
|
$6.04
|
0.03%
|
$5.09
|
18.71%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/11/23
|
12/8/23
|
% Change
|
Change
|
11/10/23
|
% Change
|
12/12/22
|
% Change
|
|
|
WTI
|
Feb-24
|
$71.56
|
$71.44
|
0.17%
|
$0.12
|
$76.93
|
-6.98%
|
$72.27
|
-0.98%
|
|
|
Brent
|
Feb-24
|
$76.03
|
$75.84
|
0.25%
|
$0.19
|
$81.13
|
-6.29%
|
$76.76
|
-0.95%
|
|
|
WCS
|
Feb-24
|
-$20.56
|
-$19.64
|
4.52%
|
-$0.93
|
-$23.89
|
-13.92%
|
-$25.15
|
-18.23%
|
|
|
LLS
|
Feb-24
|
$74.22
|
$73.91
|
0.42%
|
$0.31
|
$79.16
|
-6.24%
|
$74.16
|
0.08%
|
|
|
Mars
|
Feb-24
|
$71.61
|
$71.25
|
0.51%
|
$0.36
|
$75.71
|
-5.41%
|
$70.39
|
1.75%
|
|
|
Sour
|
Feb-24
|
$71.96
|
$71.40
|
0.78%
|
$0.56
|
$76.54
|
-5.99%
|
$69.87
|
2.99%
|
|
|
ESPO
|
Feb-24
|
$74.03
|
$73.84
|
0.26%
|
$0.19
|
$79.13
|
-6.45%
|
$72.14
|
2.63%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/11/23
|
12/8/23
|
% Change
|
Change
|
11/10/23
|
% Change
|
12/12/22
|
% Change
|
|
|
NY Heating Oil
|
Jan-24
|
$2.61
|
$2.58
|
1.01%
|
$0.03
|
$2.70
|
-3.51%
|
$2.65
|
-1.55%
|
|
|
NY Gasoline
|
Jan-24
|
$2.05
|
$2.05
|
-0.24%
|
$0.00
|
$2.16
|
-5.32%
|
$2.04
|
0.15%
|
|
|
GC Gasoline
|
Jan-24
|
$1.95
|
$1.95
|
-0.26%
|
$0.00
|
$2.06
|
-5.58%
|
$1.94
|
0.15%
|
|
|
GC Jet
|
Jan-24
|
$2.27
|
$2.32
|
-2.50%
|
-$0.06
|
$2.47
|
-8.19%
|
$2.54
|
-10.79%
|
|
|
Chicago Ethanol
|
Jan-24
|
$1.64
|
$1.67
|
-1.50%
|
-$0.02
|
$1.69
|
-2.66%
|
$1.99
|
-17.46%
|
|
|
Rotterdam Gasoil
|
Jan-24
|
$705.50
|
$705.48
|
0.00%
|
$0.02
|
$738.46
|
-4.46%
|
$734.22
|
-3.91%
|
|
|
Singapore Jet Kero
|
Jan-24
|
$98.45
|
$98.19
|
0.26%
|
$0.26
|
$99.87
|
-1.42%
|
$98.16
|
0.29%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/11/23
|
12/8/23
|
% Change
|
Change
|
11/10/23
|
% Change
|
12/12/22
|
% Change
|
|
|
Henry Hub Straddle
|
Jan-24
|
69.53%
|
67.02%
|
3.75%
|
2.51%
|
70.59%
|
-1.50%
|
58.48%
|
18.90%
|
|
|
Algonquin Straddle
|
Jan-24
|
97.53%
|
87.91%
|
10.94%
|
9.62%
|
81.61%
|
19.51%
|
81.38%
|
19.85%
|
|
|
Waha Straddle
|
Jan-24
|
70.09%
|
67.26%
|
4.21%
|
2.83%
|
75.08%
|
-6.65%
|
69.14%
|
1.37%
|
|
|
Chicago Straddle
|
Jan-24
|
67.59%
|
61.06%
|
10.69%
|
6.53%
|
64.21%
|
5.26%
|
57.39%
|
17.77%
|
|
|
PJM West Straddle
|
Jan-24
|
90.19%
|
88.90%
|
1.45%
|
1.29%
|
78.05%
|
15.55%
|
70.41%
|
28.09%
|
|
|
SP – 15 Straddle
|
Jan-24
|
130.04%
|
186.31%
|
-30.20%
|
-56.27%
|
110.50%
|
17.68%
|
75.18%
|
72.97%
|
|
|
Mid. C Straddle
|
Jan-24
|
414.94%
|
536.62%
|
-22.68%
|
-121.68%
|
311.84%
|
33.06%
|
113.33%
|
266.13%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/11/23
|
12/8/23
|
% Change
|
Change
|
11/10/23
|
% Change
|
12/12/22
|
% Change
|
|
|
Dutch TTF
|
Jan-24
|
EUR 36.53
|
EUR 38.83
|
-5.92%
|
-EUR 2.30
|
EUR 48.22
|
-24.23%
|
EUR 138.79
|
-73.68%
|
|
|
NBP
|
Jan-24
|
GBP 90.65
|
GBP 97.76
|
-7.27%
|
-GBP 7.10
|
GBP 125.81
|
-27.94%
|
GBP 357.15
|
-74.62%
|
|
|
German Base
|
Jan-24
|
EUR 85.14
|
EUR 94.32
|
-9.74%
|
-EUR 9.18
|
EUR 112.47
|
-24.31%
|
EUR 422.96
|
-79.87%
|
|
|
UK Base
|
Jan-24
|
GBP 83.79
|
GBP 88.55
|
-5.37%
|
-GBP 4.76
|
GBP 118.39
|
-29.22%
|
GBP 322.65
|
-74.03%
|
|
|
French Base
|
Jan-24
|
EUR 87.73
|
EUR 93.68
|
-6.36%
|
-EUR 5.96
|
EUR 122.05
|
-28.12%
|
EUR 552.28
|
-84.12%
|
|
|
Italian Base
|
Jan-24
|
EUR 108.16
|
EUR 115.40
|
-6.27%
|
-EUR 7.23
|
EUR 140.63
|
-23.08%
|
EUR 405.21
|
-73.31%
|
|
|
JKM LNG
|
Jan-24
|
$14.59
|
$15.00
|
-2.70%
|
-$0.41
|
$16.27
|
-10.30%
|
$38.95
|
-62.54%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
12/11/23
|
12/8/23
|
% Change
|
Change
|
11/10/23
|
% Change
|
12/12/22
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Jan-24
|
$36.53
|
$38.83
|
-5.92%
|
-$2.30
|
$48.22
|
-24.23%
|
$138.79
|
-73.68%
|
|
|
USGC-UK Continent Dirty (WET)
|
Jan-24
|
$90.65
|
$97.76
|
-7.27%
|
-$7.10
|
$125.81
|
-27.94%
|
$357.15
|
-74.62%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jan-24
|
$85.14
|
$94.32
|
-9.74%
|
-$9.18
|
$112.47
|
-24.31%
|
$422.96
|
-79.87%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jan-24
|
$83.79
|
$88.55
|
-5.37%
|
-$4.76
|
$118.39
|
-29.22%
|
$322.65
|
-74.03%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jan-24
|
$87.73
|
$93.68
|
-6.36%
|
-$5.96
|
$122.05
|
-28.12%
|
$552.28
|
-84.12%
|
|
|
Supramax Timecharter (DRY)
|
Jan-24
|
$108.16
|
$115.40
|
-6.27%
|
-$7.23
|
$140.63
|
-23.08%
|
$405.21
|
-73.31%
|
|
|
Capesize Timecharter (DRY)
|
Jan-24
|
$14.59
|
$15.00
|
-2.70%
|
-$0.41
|
$16.27
|
-10.30%
|
$38.95
|
-62.54%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12/09/2023
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
0
|
0
|
0
|
551
|
134
|
-135
|
32.00%
|
-20.00%
|
|
|
Middle Atlantic
|
0
|
0
|
0
|
698
|
42
|
-280
|
6.00%
|
-29.00%
|
|
|
E N Central
|
0
|
0
|
0
|
664
|
-45
|
-185
|
-6.00%
|
-22.00%
|
|
|
W N Central
|
0
|
0
|
0
|
1,057
|
130
|
-34
|
14.00%
|
-3.00%
|
|
|
South Atlantic
|
7
|
-2
|
4
|
2,039
|
96
|
-151
|
5.00%
|
-7.00%
|
|
|
E S Central
|
0
|
-1
|
-4
|
1,632
|
87
|
-93
|
6.00%
|
-5.00%
|
|
|
W S Central
|
3
|
0
|
-13
|
2,936
|
493
|
23
|
20.00%
|
1.00%
|
|
|
Mountain
|
0
|
0
|
0
|
1,253
|
10
|
-153
|
1.00%
|
-11.00%
|
|
|
Pacific
|
0
|
-1
|
0
|
695
|
-9
|
-281
|
-1.00%
|
-29.00%
|
|
|
United States
|
2
|
0
|
-1
|
1,302
|
90
|
-163
|
7.00%
|
-11.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12/09/2023
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
217
|
-4
|
26
|
1,495
|
-169
|
88
|
-10.00%
|
6.00%
|
|
|
Middle Atlantic
|
187
|
-17
|
-38
|
1,312
|
-140
|
-19
|
-10.00%
|
-1.00%
|
|
|
E N Central
|
179
|
-54
|
-44
|
1,461
|
-172
|
-96
|
-11.00%
|
-6.00%
|
|
|
W N Central
|
192
|
-67
|
-71
|
1,514
|
-263
|
-203
|
-15.00%
|
-12.00%
|
|
|
South Atlantic
|
94
|
-18
|
-9
|
612
|
-57
|
-47
|
-9.00%
|
-7.00%
|
|
|
E S Central
|
116
|
-29
|
35
|
746
|
-133
|
-112
|
-15.00%
|
-13.00%
|
|
|
W S Central
|
72
|
-32
|
23
|
480
|
-37
|
-47
|
-7.00%
|
-9.00%
|
|
|
Mountain
|
167
|
-33
|
-35
|
1,258
|
-216
|
-175
|
-15.00%
|
-12.00%
|
|
|
Pacific
|
98
|
-23
|
-52
|
698
|
-146
|
-124
|
-17.00%
|
-15.00%
|
|
|
United States
|
138
|
-30
|
-23
|
1,003
|
-133
|
-79
|
-12.00%
|
-7.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|