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Prices as of 7:08 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.691
|
$3.565
|
3.53%
|
$0.126
|
39,375
|
|
|
WTI
|
$70.38
|
$71.37
|
-1.39%
|
-$0.99
|
74,074
|
|
|
Brent
|
$74.19
|
$75.18
|
-1.32%
|
-$0.99
|
13,079
|
|
|
ULSD
|
$2.409
|
$2.452
|
-1.77%
|
-$0.043
|
7,519
|
|
|
RBOB
|
$2.068
|
$2.090
|
-1.01%
|
-$0.021
|
5,705
|
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Spreads
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Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
WTI-Brent
|
$3.90
|
$3.94
|
-1.02%
|
-$0.04
|
Apr-25
|
|
|
3:2:1 Crack
|
$26.84
|
$27.03
|
-0.72%
|
-$0.19
|
Mar-25
|
|
|
PJM West Spark
|
$40.49
|
$40.00
|
1.24%
|
$0.50
|
Mar-25
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Baker Hughes Rig Count
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Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
U.S.
|
02/07/25
|
586
|
4
|
-37
|
02/10/24
|
|
|
Canada
|
02/07/25
|
249
|
-9
|
17
|
02/10/24
|
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International
|
Jan
|
905
|
-4
|
-60
|
Jan
|
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CFTC Net Positions
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As of 2/4/2025
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Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
PJM West On Peak
|
92,680
|
90,622
|
91,797
|
-1,175
|
|
|
PJM West Off Peak
|
82,692
|
81,483
|
81,679
|
-196
|
|
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Natural Gas Henry Hub
|
327,593
|
316,920
|
314,165
|
2,755
|
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WTI – Light Sweet Crude Futures
|
309,481
|
264,715
|
245,109
|
19,606
|
|
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Brent Crude Last Day
|
169,204
|
160,242
|
162,601
|
-2,359
|
|
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NYM Ethanol
|
36,657
|
35,783
|
36,285
|
-502
|
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Mt Belvieu LDH Propane Swap
|
155,441
|
154,807
|
155,182
|
-375
|
|
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RBOB
|
414,358
|
392,988
|
397,816
|
-4,828
|
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HSC Basis
|
947,035
|
923,995
|
930,409
|
-6,414
|
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EIA Short Term Energy Outlook
|
|
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|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
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|
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%
|
|
|
|
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|
|
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|
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Short Term Energy Outlook
|
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EIA Lower 48 Natural Gas Storage
|
|
|
|
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|
|
|
|
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|
01/31/20
|
|
|
|
|
1/31/25
|
1/24/25
|
Net Change
|
% Change
|
2/2/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
507
|
552
|
-45
|
-8.15%
|
568
|
-10.74%
|
542
|
-6.42%
|
|
|
Midwest
|
605
|
661
|
-56
|
-8.47%
|
689
|
-12.19%
|
655
|
-7.58%
|
|
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Mountain
|
200
|
212
|
-12
|
-5.66%
|
183
|
9.29%
|
142
|
40.85%
|
|
|
Pacific
|
230
|
246
|
-16
|
-6.50%
|
228
|
0.88%
|
200
|
15.00%
|
|
|
South
|
854
|
901
|
-47
|
-5.22%
|
916
|
-6.77%
|
897
|
-4.81%
|
|
|
Salt
|
217
|
229
|
-12
|
-5.24%
|
257
|
-15.56%
|
255
|
-15.04%
|
|
|
Non_Salt
|
638
|
672
|
-34
|
-5.06%
|
659
|
-3.19%
|
642
|
-0.59%
|
|
|
Total
|
2,397
|
2,571
|
-174
|
-6.77%
|
2,584
|
-7.24%
|
2,436
|
-1.58%
|
|
|
|
|
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|
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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
|
2/12/25
|
2/11/25
|
% Change
|
Change
|
1/14/25
|
% Change
|
2/13/24
|
% Change
|
|
|
PJM West On Peak
|
Mar-25
|
$48.39
|
$47.62
|
1.61%
|
$0.76
|
$44.17
|
9.54%
|
$44.25
|
9.35%
|
|
|
ERCOT North On Peak
|
Mar-25
|
$35.68
|
$39.05
|
-8.65%
|
-$3.38
|
$37.13
|
-3.91%
|
$38.85
|
-8.17%
|
|
|
CAISO SP 15 On Peak
|
Mar-25
|
$10.25
|
$10.01
|
2.35%
|
$0.24
|
$15.50
|
-33.87%
|
$41.46
|
-75.28%
|
|
|
MISO Indiana On Peak
|
Mar-25
|
$42.96
|
$42.74
|
0.53%
|
$0.23
|
$41.01
|
4.75%
|
$43.95
|
-2.25%
|
|
|
NEISO Mass On Peak
|
Mar-25
|
$86.38
|
$84.84
|
1.82%
|
$1.55
|
$64.42
|
34.11%
|
$60.74
|
42.22%
|
|
|
WECC Mid C On Peak
|
Mar-25
|
$42.75
|
$43.00
|
-0.58%
|
-$0.25
|
$39.19
|
9.08%
|
$75.86
|
-43.64%
|
|
|
NYISO Zone G On Peak
|
Mar-25
|
$71.92
|
$71.46
|
0.65%
|
$0.46
|
$55.09
|
30.56%
|
$46.73
|
53.92%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/12/25
|
2/11/25
|
% Change
|
Change
|
1/14/25
|
% Change
|
2/13/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Mar-25
|
$3.565
|
$3.519
|
1.31%
|
$0.05
|
$3.43
|
3.78%
|
$3.19
|
11.72%
|
|
|
Houston Ship Channel
|
Mar-25
|
-$0.664
|
-$0.591
|
12.28%
|
-$0.07
|
-$0.35
|
92.01%
|
-$0.33
|
100.91%
|
|
|
Chicago
|
Mar-25
|
-$0.068
|
-$0.079
|
14.91%
|
$0.01
|
-$0.03
|
168.24%
|
-$0.05
|
47.10%
|
|
|
Waha
|
Mar-25
|
-$1.922
|
-$1.954
|
-1.63%
|
$0.03
|
-$2.10
|
-8.55%
|
-$0.79
|
143.42%
|
|
|
Algonquin
|
Mar-25
|
$4.501
|
$4.527
|
-0.57%
|
-$0.03
|
$2.08
|
116.51%
|
$2.69
|
67.33%
|
|
|
Aeco
|
Mar-25
|
-$2.122
|
-$2.054
|
3.34%
|
-$0.07
|
-$2.00
|
5.88%
|
-$0.89
|
139.28%
|
|
|
Socal
|
Mar-25
|
-$0.377
|
-$0.355
|
6.28%
|
-$0.02
|
-$0.25
|
49.82%
|
$0.27
|
-242.09%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/12/25
|
2/11/25
|
% Change
|
Change
|
1/14/25
|
% Change
|
2/13/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Mar-25
|
$0.882
|
$0.896
|
-1.59%
|
-$0.01
|
$0.88
|
0.18%
|
$0.76
|
15.60%
|
|
|
Mt. Belvieu Propane non LST
|
Mar-25
|
$0.883
|
$0.902
|
-2.01%
|
-$0.02
|
$0.88
|
0.48%
|
$0.77
|
15.03%
|
|
|
Mt. Belview Ethane
|
Mar-25
|
$0.256
|
$0.255
|
0.49%
|
$0.00
|
$0.26
|
-2.37%
|
$0.24
|
7.91%
|
|
|
Mt. Belview Nat. Gasoline
|
Mar-25
|
$1.528
|
$1.556
|
-1.85%
|
-$0.03
|
$1.55
|
-1.76%
|
$1.45
|
5.61%
|
|
|
Mt. Belvieu Butane LST
|
Mar-25
|
$1.040
|
$1.046
|
-0.59%
|
-$0.01
|
$1.05
|
-0.91%
|
$0.90
|
14.95%
|
|
|
Far East Propane
|
Mar-25
|
$6.069
|
$6.139
|
-1.14%
|
-$0.07
|
$6.15
|
-1.32%
|
$5.57
|
8.96%
|
|
|
Saudi Propane
|
Mar-25
|
$6.080
|
$6.149
|
-1.13%
|
-$0.07
|
$6.23
|
-2.41%
|
$5.44
|
11.81%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/12/25
|
2/11/25
|
% Change
|
Change
|
1/14/25
|
% Change
|
2/13/24
|
% Change
|
|
|
WTI
|
Apr-25
|
$71.24
|
$73.08
|
-2.58%
|
-$1.84
|
$75.25
|
-5.33%
|
$72.22
|
-1.36%
|
|
|
Brent
|
Apr-25
|
$75.18
|
$77.00
|
-2.42%
|
-$1.82
|
$78.88
|
-4.69%
|
$77.01
|
-2.38%
|
|
|
WCS
|
Apr-25
|
-$13.45
|
-$13.45
|
0.01%
|
$0.00
|
-$14.90
|
-9.72%
|
-$13.88
|
-3.08%
|
|
|
LLS
|
Apr-25
|
$75.35
|
$74.04
|
1.75%
|
$1.31
|
$76.85
|
-1.95%
|
$74.13
|
1.65%
|
|
|
Mars
|
Apr-25
|
$73.60
|
$72.54
|
1.45%
|
$1.06
|
$74.60
|
-1.34%
|
$70.68
|
4.14%
|
|
|
Sour
|
Apr-25
|
$73.13
|
$72.06
|
1.47%
|
$1.08
|
$75.83
|
-3.56%
|
$73.19
|
-0.08%
|
|
|
ESPO
|
Apr-25
|
$73.18
|
$75.00
|
-2.49%
|
-$1.82
|
$76.88
|
-4.81%
|
$75.01
|
-2.44%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/12/25
|
2/11/25
|
% Change
|
Change
|
1/14/25
|
% Change
|
2/13/24
|
% Change
|
|
|
NY Heating Oil
|
Mar-25
|
$2.45
|
$2.46
|
-0.57%
|
-$0.01
|
$2.50
|
-1.96%
|
$2.52
|
-2.54%
|
|
|
NY Gasoline
|
Mar-25
|
$2.36
|
$2.37
|
-0.63%
|
-$0.02
|
$2.14
|
10.23%
|
$2.12
|
11.22%
|
|
|
GC Gasoline
|
Mar-25
|
$2.26
|
$2.27
|
-0.66%
|
-$0.01
|
$2.04
|
10.74%
|
$2.02
|
11.78%
|
|
|
GC Jet
|
Mar-25
|
$2.30
|
$2.34
|
-1.96%
|
-$0.05
|
$2.32
|
-1.03%
|
$2.34
|
-1.92%
|
|
|
Chicago Ethanol
|
Mar-25
|
$1.79
|
$1.76
|
1.82%
|
$0.03
|
$1.75
|
2.11%
|
$1.56
|
15.02%
|
|
|
Rotterdam Gasoil
|
Mar-25
|
$678.42
|
$690.43
|
-1.74%
|
-$12.00
|
$690.49
|
-1.75%
|
$708.11
|
-4.19%
|
|
|
Singapore Jet Kero
|
Mar-25
|
$91.71
|
$92.89
|
-1.27%
|
-$1.18
|
$93.40
|
-1.81%
|
$97.39
|
-5.84%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/12/25
|
2/11/25
|
% Change
|
Change
|
1/14/25
|
% Change
|
2/13/24
|
% Change
|
|
|
Henry Hub Straddle
|
Mar-25
|
56.93%
|
59.23%
|
-3.88%
|
-2.30%
|
67.61%
|
-15.80%
|
47.94%
|
18.75%
|
|
|
Algonquin Straddle
|
Mar-25
|
92.76%
|
96.23%
|
-3.61%
|
-3.47%
|
100.79%
|
-7.97%
|
65.31%
|
42.03%
|
|
|
Waha Straddle
|
Mar-25
|
144.06%
|
167.05%
|
-13.76%
|
-22.99%
|
151.38%
|
-4.84%
|
51.92%
|
177.47%
|
|
|
Chicago Straddle
|
Mar-25
|
62.24%
|
61.64%
|
0.97%
|
0.60%
|
77.02%
|
-19.19%
|
49.59%
|
25.51%
|
|
|
PJM West Straddle
|
Mar-25
|
56.53%
|
54.53%
|
3.67%
|
2.00%
|
57.91%
|
-2.38%
|
36.45%
|
55.09%
|
|
|
SP – 15 Straddle
|
Mar-25
|
577.92%
|
567.24%
|
1.88%
|
10.68%
|
256.26%
|
125.52%
|
18.13%
|
3087.64%
|
|
|
Mid. C Straddle
|
Mar-25
|
64.14%
|
53.38%
|
20.16%
|
10.76%
|
32.12%
|
99.69%
|
31.45%
|
103.94%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/12/25
|
2/11/25
|
% Change
|
Change
|
1/14/25
|
% Change
|
2/13/24
|
% Change
|
|
|
Dutch TTF
|
Mar-25
|
EUR 56.07
|
EUR 56.41
|
-0.60%
|
-EUR 0.34
|
EUR 47.30
|
18.55%
|
EUR 30.64
|
83.03%
|
|
|
NBP
|
Mar-25
|
GBP 136.07
|
GBP 137.40
|
-0.97%
|
-GBP 1.33
|
GBP 118.12
|
15.20%
|
GBP 75.17
|
81.02%
|
|
|
German Base
|
Mar-25
|
EUR 107.81
|
EUR 107.55
|
0.25%
|
EUR 0.26
|
EUR 91.13
|
18.31%
|
EUR 76.35
|
41.21%
|
|
|
UK Base
|
Mar-25
|
GBP 110.61
|
GBP 112.50
|
-1.68%
|
-GBP 1.89
|
GBP 95.00
|
16.43%
|
GBP 69.81
|
58.45%
|
|
|
French Base
|
Mar-25
|
EUR 88.64
|
EUR 96.85
|
-8.48%
|
-EUR 8.21
|
EUR 79.85
|
11.00%
|
EUR 80.95
|
9.50%
|
|
|
Italian Base
|
Mar-25
|
EUR 146.76
|
EUR 155.02
|
-5.33%
|
-EUR 8.26
|
EUR 129.88
|
12.99%
|
EUR 91.64
|
60.14%
|
|
|
JKM LNG
|
Mar-25
|
$14.38
|
$15.40
|
-6.64%
|
-$1.02
|
$14.05
|
2.29%
|
$10.66
|
34.84%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/12/25
|
2/11/25
|
% Change
|
Change
|
1/14/25
|
% Change
|
2/13/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Mar-25
|
$56.07
|
$56.41
|
-0.60%
|
-$0.34
|
$47.30
|
18.55%
|
$30.64
|
83.03%
|
|
|
USGC-UK Continent Dirty (WET)
|
Mar-25
|
$136.07
|
$137.40
|
-0.97%
|
-$1.33
|
$118.12
|
15.20%
|
$75.17
|
81.02%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Mar-25
|
$107.81
|
$107.55
|
0.25%
|
$0.26
|
$91.13
|
18.31%
|
$76.35
|
41.21%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Mar-25
|
$110.61
|
$112.50
|
-1.68%
|
-$1.89
|
$95.00
|
16.43%
|
$69.81
|
58.45%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Mar-25
|
$88.64
|
$96.85
|
-8.48%
|
-$8.21
|
$79.85
|
11.00%
|
$80.95
|
9.50%
|
|
|
Supramax Timecharter (DRY)
|
Mar-25
|
$146.76
|
$155.02
|
-5.33%
|
-$8.26
|
$129.88
|
12.99%
|
$91.64
|
60.14%
|
|
|
Capesize Timecharter (DRY)
|
Mar-25
|
$14.38
|
$15.40
|
-6.64%
|
-$1.02
|
$14.05
|
2.29%
|
$10.66
|
34.84%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/08/2025
|
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
|
0
|
0
|
NA
|
NA
|
|
|
W N Central
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
South Atlantic
|
10
|
3
|
8
|
18
|
-24
|
2
|
NA
|
NA
|
|
|
E S Central
|
1
|
1
|
1
|
1
|
-7
|
1
|
NA
|
NA
|
|
|
W S Central
|
19
|
15
|
19
|
21
|
3
|
20
|
NA
|
NA
|
|
|
Mountain
|
1
|
0
|
1
|
1
|
-1
|
1
|
NA
|
NA
|
|
|
Pacific
|
0
|
0
|
0
|
0
|
-2
|
0
|
NA
|
NA
|
|
|
United States
|
4
|
3
|
4
|
6
|
-5
|
3
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/08/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
291
|
13
|
58
|
3,833
|
-194
|
346
|
-5.00%
|
10.00%
|
|
|
Middle Atlantic
|
250
|
-9
|
31
|
3,452
|
-193
|
221
|
-5.00%
|
7.00%
|
|
|
E N Central
|
248
|
-36
|
49
|
3,697
|
-402
|
191
|
-10.00%
|
5.00%
|
|
|
W N Central
|
263
|
-30
|
93
|
3,880
|
-541
|
173
|
-12.00%
|
5.00%
|
|
|
South Atlantic
|
84
|
-54
|
-36
|
1,771
|
-114
|
73
|
-6.00%
|
4.00%
|
|
|
E S Central
|
71
|
-101
|
-48
|
2,135
|
-293
|
-65
|
-12.00%
|
-3.00%
|
|
|
W S Central
|
38
|
-81
|
-31
|
1,327
|
-308
|
-231
|
-19.00%
|
-15.00%
|
|
|
Mountain
|
148
|
-50
|
-37
|
3,002
|
-324
|
-1
|
-10.00%
|
0.00%
|
|
|
Pacific
|
125
|
9
|
-17
|
1,804
|
-146
|
71
|
-7.00%
|
4.00%
|
|
|
United States
|
161
|
-36
|
4
|
2,625
|
-257
|
86
|
-9.00%
|
3.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|
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