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Prices as of 7:07 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.753
|
$3.628
|
3.45%
|
$0.125
|
25,997
|
|
|
WTI
|
$71.86
|
$71.29
|
0.80%
|
$0.57
|
45,986
|
|
|
Brent
|
$75.72
|
$75.02
|
0.93%
|
$0.70
|
11,659
|
|
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ULSD
|
$2.474
|
$2.449
|
1.04%
|
$0.025
|
4,339
|
|
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RBOB
|
$2.121
|
$2.111
|
0.50%
|
$0.011
|
4,666
|
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Spreads
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Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
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WTI-Brent
|
$3.94
|
$3.88
|
1.55%
|
$0.06
|
Apr-25
|
|
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3:2:1 Crack
|
$27.59
|
$27.47
|
0.41%
|
$0.11
|
Mar-25
|
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PJM West Spark
|
$40.73
|
$40.63
|
0.26%
|
$0.11
|
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
|
|
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Canada
|
02/07/25
|
249
|
-9
|
17
|
02/10/24
|
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International
|
Jan
|
905
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-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
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160,242
|
162,601
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-2,359
|
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NYM Ethanol
|
36,657
|
35,783
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36,285
|
-502
|
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Mt Belvieu LDH Propane Swap
|
155,441
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154,807
|
155,182
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-375
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RBOB
|
414,358
|
392,988
|
397,816
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-4,828
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HSC Basis
|
947,035
|
923,995
|
930,409
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-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
|
|
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Gasoline
|
$3.50
|
$3.30
|
$3.20
|
$3.00
|
|
|
Crude Oil Production
|
$12.90
|
$13.20
|
$13.50
|
$13.60
|
|
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Natural Gas Spot
|
$2.50
|
$2.20
|
$3.10
|
$4.00
|
|
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LNG Exports
|
12.00
|
12.00
|
14.00
|
16.00
|
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|
|
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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%
|
|
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Renewables
|
22.00%
|
23.00%
|
25.00%
|
27.00%
|
|
|
Nuclear
|
19.00%
|
19.00%
|
19.00%
|
19.00%
|
|
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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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|
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|
02/07/20
|
|
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|
2/7/25
|
1/31/25
|
Net Change
|
% Change
|
2/9/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
468
|
507
|
-39
|
-7.69%
|
536
|
-12.69%
|
505
|
-7.25%
|
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Midwest
|
559
|
605
|
-46
|
-7.60%
|
662
|
-15.56%
|
608
|
-8.12%
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Mountain
|
193
|
200
|
-7
|
-3.50%
|
178
|
8.43%
|
134
|
44.25%
|
|
|
Pacific
|
224
|
230
|
-6
|
-2.61%
|
222
|
0.90%
|
193
|
15.82%
|
|
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South
|
853
|
854
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-1
|
-0.12%
|
936
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-8.87%
|
857
|
-0.47%
|
|
|
Salt
|
229
|
217
|
12
|
5.53%
|
271
|
-15.50%
|
242
|
-5.22%
|
|
|
Non_Salt
|
624
|
638
|
-14
|
-2.19%
|
665
|
-6.17%
|
616
|
1.36%
|
|
|
Total
|
2,297
|
2,397
|
-100
|
-4.17%
|
2,535
|
-9.39%
|
2,297
|
-0.02%
|
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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
|
2/13/25
|
2/12/25
|
% Change
|
Change
|
1/15/25
|
% Change
|
2/14/24
|
% Change
|
|
|
PJM West On Peak
|
Mar-25
|
$48.76
|
$48.39
|
0.76%
|
$0.37
|
$46.27
|
5.37%
|
$43.64
|
11.74%
|
|
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ERCOT North On Peak
|
Mar-25
|
$39.48
|
$35.68
|
10.67%
|
$3.81
|
$38.55
|
2.43%
|
$37.24
|
6.02%
|
|
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CAISO SP 15 On Peak
|
Mar-25
|
$10.47
|
$10.25
|
2.18%
|
$0.22
|
$16.08
|
-34.87%
|
$40.40
|
-74.08%
|
|
|
MISO Indiana On Peak
|
Mar-25
|
$43.19
|
$42.96
|
0.52%
|
$0.22
|
$43.10
|
0.19%
|
$43.09
|
0.21%
|
|
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NEISO Mass On Peak
|
Mar-25
|
$71.90
|
$86.38
|
-16.76%
|
-$14.48
|
$65.24
|
10.22%
|
$59.15
|
21.56%
|
|
|
WECC Mid C On Peak
|
Mar-25
|
$43.71
|
$42.75
|
2.25%
|
$0.96
|
$44.09
|
-0.86%
|
$74.17
|
-41.06%
|
|
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NYISO Zone G On Peak
|
Mar-25
|
$60.67
|
$71.92
|
-15.65%
|
-$11.26
|
$56.21
|
7.93%
|
$44.96
|
34.93%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/13/25
|
2/12/25
|
% Change
|
Change
|
1/15/25
|
% Change
|
2/14/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Mar-25
|
$3.628
|
$3.565
|
1.77%
|
$0.06
|
$3.57
|
1.77%
|
$3.09
|
17.53%
|
|
|
Houston Ship Channel
|
Mar-25
|
-$0.641
|
-$0.664
|
-3.39%
|
$0.02
|
-$0.28
|
128.96%
|
-$0.34
|
91.37%
|
|
|
Chicago
|
Mar-25
|
-$0.071
|
-$0.068
|
-3.93%
|
$0.00
|
-$0.01
|
812.82%
|
-$0.05
|
49.27%
|
|
|
Waha
|
Mar-25
|
-$1.964
|
-$1.922
|
-2.17%
|
-$0.04
|
-$2.18
|
-9.79%
|
-$0.78
|
150.49%
|
|
|
Algonquin
|
Mar-25
|
$3.788
|
$4.501
|
-15.83%
|
-$0.71
|
$2.19
|
73.08%
|
$2.76
|
37.49%
|
|
|
Aeco
|
Mar-25
|
-$2.208
|
-$2.122
|
4.05%
|
-$0.09
|
-$2.12
|
3.93%
|
-$0.88
|
150.43%
|
|
|
Socal
|
Mar-25
|
-$0.430
|
-$0.377
|
13.94%
|
-$0.05
|
-$0.25
|
74.51%
|
$0.29
|
-250.56%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/13/25
|
2/12/25
|
% Change
|
Change
|
1/15/25
|
% Change
|
2/14/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Mar-25
|
$0.877
|
$0.882
|
-0.55%
|
$0.00
|
$0.91
|
-3.82%
|
$0.75
|
16.36%
|
|
|
Mt. Belvieu Propane non LST
|
Mar-25
|
$0.884
|
$0.883
|
0.03%
|
$0.00
|
$0.91
|
-2.91%
|
$0.77
|
15.24%
|
|
|
Mt. Belview Ethane
|
Mar-25
|
$0.262
|
$0.256
|
2.43%
|
$0.01
|
$0.27
|
-2.85%
|
$0.23
|
12.87%
|
|
|
Mt. Belview Nat. Gasoline
|
Mar-25
|
$1.525
|
$1.528
|
-0.17%
|
$0.00
|
$1.59
|
-4.05%
|
$1.41
|
8.32%
|
|
|
Mt. Belvieu Butane LST
|
Mar-25
|
$1.026
|
$1.040
|
-1.33%
|
-$0.01
|
$1.06
|
-3.31%
|
$0.89
|
14.86%
|
|
|
Far East Propane
|
Mar-25
|
$6.050
|
$6.069
|
-0.32%
|
-$0.02
|
$6.25
|
-3.23%
|
$5.67
|
6.74%
|
|
|
Saudi Propane
|
Mar-25
|
$6.030
|
$6.080
|
-0.81%
|
-$0.05
|
$6.32
|
-4.61%
|
$5.40
|
11.63%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/13/25
|
2/12/25
|
% Change
|
Change
|
1/15/25
|
% Change
|
2/14/24
|
% Change
|
|
|
WTI
|
Apr-25
|
$71.14
|
$71.24
|
-0.14%
|
-$0.10
|
$77.24
|
-7.90%
|
$71.45
|
-0.43%
|
|
|
Brent
|
Apr-25
|
$75.02
|
$75.18
|
-0.21%
|
-$0.16
|
$80.66
|
-6.99%
|
$76.37
|
-1.77%
|
|
|
WCS
|
Apr-25
|
-$13.90
|
-$13.45
|
3.24%
|
-$0.45
|
-$15.85
|
-12.30%
|
-$13.77
|
0.98%
|
|
|
LLS
|
Apr-25
|
$73.74
|
$75.35
|
-2.19%
|
-$1.62
|
$76.30
|
-3.36%
|
$73.96
|
-0.30%
|
|
|
Mars
|
Apr-25
|
$72.09
|
$73.60
|
-2.10%
|
-$1.52
|
$74.45
|
-3.17%
|
$70.77
|
1.86%
|
|
|
Sour
|
Apr-25
|
$71.31
|
$73.13
|
-2.56%
|
-$1.83
|
$75.21
|
-5.19%
|
$72.30
|
-1.37%
|
|
|
ESPO
|
Apr-25
|
$73.02
|
$73.18
|
-0.22%
|
-$0.16
|
$78.66
|
-7.17%
|
$74.37
|
-1.82%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/13/25
|
2/12/25
|
% Change
|
Change
|
1/15/25
|
% Change
|
2/14/24
|
% Change
|
|
|
NY Heating Oil
|
Mar-25
|
$2.45
|
$2.45
|
-0.04%
|
$0.00
|
$2.52
|
-2.70%
|
$2.47
|
-0.85%
|
|
|
NY Gasoline
|
Mar-25
|
$2.09
|
$2.36
|
-11.40%
|
-$0.27
|
$2.20
|
-4.87%
|
$2.10
|
-0.48%
|
|
|
GC Gasoline
|
Mar-25
|
$1.99
|
$2.26
|
-11.91%
|
-$0.27
|
$2.10
|
-5.10%
|
$2.00
|
-0.50%
|
|
|
GC Jet
|
Mar-25
|
$2.25
|
$2.30
|
-1.96%
|
-$0.05
|
$2.40
|
-6.41%
|
$2.31
|
-2.39%
|
|
|
Chicago Ethanol
|
Mar-25
|
$1.80
|
$1.79
|
0.73%
|
$0.01
|
$1.76
|
2.73%
|
$1.53
|
17.97%
|
|
|
Rotterdam Gasoil
|
Mar-25
|
$666.61
|
$678.42
|
-1.74%
|
-$11.81
|
$702.40
|
-5.10%
|
$709.36
|
-6.03%
|
|
|
Singapore Jet Kero
|
Mar-25
|
$90.29
|
$91.71
|
-1.54%
|
-$1.41
|
$93.94
|
-3.88%
|
$96.62
|
-6.55%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/13/25
|
2/12/25
|
% Change
|
Change
|
1/15/25
|
% Change
|
2/14/24
|
% Change
|
|
|
Henry Hub Straddle
|
Apr-25
|
50.35%
|
52.39%
|
-3.89%
|
-2.04%
|
57.44%
|
-12.34%
|
42.31%
|
19.00%
|
|
|
Algonquin Straddle
|
Apr-25
|
46.13%
|
48.42%
|
-4.73%
|
-2.29%
|
50.76%
|
-9.12%
|
37.96%
|
21.52%
|
|
|
Waha Straddle
|
Apr-25
|
156.04%
|
145.18%
|
7.48%
|
10.86%
|
141.55%
|
10.24%
|
51.12%
|
205.24%
|
|
|
Chicago Straddle
|
Apr-25
|
53.60%
|
55.97%
|
-4.23%
|
-2.37%
|
64.17%
|
-16.47%
|
41.79%
|
28.26%
|
|
|
PJM West Straddle
|
Apr-25
|
38.74%
|
41.14%
|
-5.83%
|
-2.40%
|
48.63%
|
-20.34%
|
32.89%
|
17.79%
|
|
|
SP – 15 Straddle
|
Apr-25
|
68.67%
|
67.93%
|
1.09%
|
0.74%
|
180.45%
|
-61.95%
|
23.09%
|
197.40%
|
|
|
Mid. C Straddle
|
Apr-25
|
60.02%
|
56.11%
|
6.97%
|
3.91%
|
42.45%
|
41.39%
|
51.65%
|
16.21%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/13/25
|
2/12/25
|
% Change
|
Change
|
1/15/25
|
% Change
|
2/14/24
|
% Change
|
|
|
Dutch TTF
|
Apr-25
|
EUR 51.00
|
EUR 56.02
|
-8.96%
|
-EUR 5.02
|
EUR 47.15
|
8.17%
|
EUR 27.99
|
82.21%
|
|
|
NBP
|
Apr-25
|
GBP 123.24
|
GBP 135.51
|
-9.06%
|
-GBP 12.27
|
GBP 116.79
|
5.52%
|
GBP 71.57
|
72.19%
|
|
|
German Base
|
Apr-25
|
EUR 88.46
|
EUR 94.74
|
-6.63%
|
-EUR 6.28
|
EUR 84.41
|
4.80%
|
EUR 62.64
|
41.22%
|
|
|
UK Base
|
Apr-25
|
GBP 97.87
|
GBP 107.10
|
-8.61%
|
-GBP 9.23
|
GBP 89.70
|
9.11%
|
GBP 60.68
|
61.28%
|
|
|
French Base
|
Apr-25
|
EUR 64.34
|
EUR 72.53
|
-11.29%
|
-EUR 8.19
|
EUR 64.69
|
-0.54%
|
EUR 58.37
|
10.23%
|
|
|
Italian Base
|
Apr-25
|
EUR 129.68
|
EUR 140.60
|
-7.77%
|
-EUR 10.92
|
EUR 124.64
|
4.05%
|
EUR 81.65
|
58.82%
|
|
|
JKM LNG
|
Apr-25
|
$13.97
|
$14.38
|
-2.80%
|
-$0.40
|
$14.05
|
-0.56%
|
$10.94
|
27.75%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
2/13/25
|
2/12/25
|
% Change
|
Change
|
1/15/25
|
% Change
|
2/14/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Apr-25
|
$51.00
|
$56.02
|
-8.96%
|
-$5.02
|
$47.15
|
8.17%
|
$27.99
|
82.21%
|
|
|
USGC-UK Continent Dirty (WET)
|
Apr-25
|
$123.24
|
$135.51
|
-9.06%
|
-$12.27
|
$116.79
|
5.52%
|
$71.57
|
72.19%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Apr-25
|
$88.46
|
$94.74
|
-6.63%
|
-$6.28
|
$84.41
|
4.80%
|
$62.64
|
41.22%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Apr-25
|
$97.87
|
$107.10
|
-8.61%
|
-$9.23
|
$89.70
|
9.11%
|
$60.68
|
61.28%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Apr-25
|
$64.34
|
$72.53
|
-11.29%
|
-$8.19
|
$64.69
|
-0.54%
|
$58.37
|
10.23%
|
|
|
Supramax Timecharter (DRY)
|
Apr-25
|
$129.68
|
$140.60
|
-7.77%
|
-$10.92
|
$124.64
|
4.05%
|
$81.65
|
58.82%
|
|
|
Capesize Timecharter (DRY)
|
Apr-25
|
$13.97
|
$14.38
|
-2.80%
|
-$0.40
|
$14.05
|
-0.56%
|
$10.94
|
27.75%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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