Prices as of 7:49 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$1.639

$1.609

1.86%

$0.030

24,364

 

 

WTI

$76.36

$76.64

-0.37%

-$0.28

22,280

 

 

Brent

$81.31

$81.60

-0.36%

-$0.29

7,210

 

 

ULSD

$2.794

$2.810

-0.57%

-$0.016

8,344

 

 

RBOB

$2.299

$2.317

-0.76%

-$0.018

4,257

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$5.15

$5.24

-1.72%

-$0.09

Apr-24

 

 

3:2:1 Crack

$33.33

$33.67

-0.99%

-$0.33

Mar-24

 

 

PJM West Spark

$24.77

$24.76

0.01%

$0.00

Mar-24

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

02/09/24

623

4

-138

02/10/23

 

 

Canada

02/09/24

232

0

-18

02/10/23

 

 

International

Jan

965

10

64

Jan

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 2/6/2024

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

95,524

94,586

95,225

-639

 

 

PJM West Off Peak

83,302

82,992

82,990

2

 

 

Natural Gas Henry Hub

387,181

366,528

376,294

-9,766

 

 

WTI – Light Sweet Crude Futures

292,856

247,575

212,857

34,718

 

 

Brent Crude Last Day

115,156

105,923

105,899

24

 

 

NYM Ethanol

44,776

43,981

44,419

-438

 

 

Mt Belvieu LDH Propane Swap

150,907

150,075

150,643

-568

 

 

RBOB

377,032

352,552

359,527

-6,975

 

 

HSC Basis

734,074

726,569

727,095

-526

 

 

 

 

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

 

Natural Gas Storage

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

EIA Lower 48 Natural Gas Storage

 

 

 

 

02/08/19

 

 

 

2/2/24

1/26/24

Net Change

% Change

2/3/23

% Change

5 Year Avg.

% Change

 

 

East

568

605

-37

-6.12%

529

7.37%

511

11.11%

 

 

Midwest

689

727

-38

-5.23%

641

7.49%

609

13.14%

 

 

Mountain

183

185

-2

-1.08%

120

52.50%

122

49.51%

 

 

Pacific

228

223

5

2.24%

124

83.87%

184

24.05%

 

 

South

916

919

-3

-0.33%

951

-3.68%

846

8.33%

 

 

    Salt

257

248

9

3.63%

271

-5.17%

251

2.31%

 

 

    Non_Salt

659

672

-13

-1.93%

680

-3.09%

594

10.91%

 

 

Total

2,584

2,659

-75

-2.82%

2,366

9.21%

2,272

13.72%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

2/14/24

2/13/24

% Change

Change

1/17/24

% Change

2/15/23

% Change

 

 

PJM West On Peak

Mar-24

$28.27

$28.21

0.23%

$0.07

$40.38

-29.98%

$49.05

-42.36%

 

 

ERCOT North On Peak

Mar-24

$28.16

$27.66

1.82%

$0.50

$43.76

-35.65%

$39.47

-28.66%

 

 

CAISO SP 15 On Peak

Mar-24

$32.00

$33.00

-3.03%

-$1.00

$33.97

-5.80%

$48.75

-34.36%

 

 

MISO Indiana On Peak

Mar-24

$27.72

$27.45

0.98%

$0.27

$38.41

-27.82%

$49.60

-44.11%

 

 

NEISO Mass On Peak

Mar-24

$37.95

$40.18

-5.56%

-$2.23

$53.39

-28.91%

$77.87

-51.27%

 

 

WECC Mid C On Peak

Mar-24

$59.38

$56.50

5.10%

$2.88

$81.00

-26.69%

$63.83

-6.97%

 

 

NYISO Zone G On Peak

Mar-24

$30.75

$31.14

-1.28%

-$0.40

$48.69

-36.85%

$59.21

-48.07%

 

 

 

 

 

Natural Gas & Basis

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

2/14/24

2/13/24

% Change

Change

1/17/24

% Change

2/15/23

% Change

 

 

NYMEX Henry Hub

Mar-24

$1.609

$1.689

-4.74%

-$0.08

$2.50

-35.54%

$3.64

-55.80%

 

 

Houston Ship Channel

Mar-24

-$0.256

-$0.254

0.83%

$0.00

-$0.25

3.48%

-$0.39

-34.29%

 

 

Chicago

Mar-24

$0.000

$0.005

#DIV/0!

$0.00

-$0.02

-100.00%

-$0.09

-100.00%

 

 

Waha

Mar-24

-$0.725

-$0.805

-10.00%

$0.08

-$1.14

-36.36%

-$0.92

-20.87%

 

 

Algonquin

Mar-24

$1.176

$1.292

-8.98%

-$0.12

$2.39

-50.80%

$4.48

-73.74%

 

 

Aeco

Mar-24

-$0.417

-$0.475

-12.16%

$0.06

-$0.89

-53.30%

-$1.28

-67.52%

 

 

Socal

Mar-24

$0.328

$0.318

2.99%

$0.01

$0.31

6.16%

$0.35

-5.35%

 

 

 

 

 

Natural Gas Liquids

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

2/14/24

2/13/24

% Change

Change

1/17/24

% Change

2/15/23

% Change

 

 

Mt. Belvieu Propane LST

Mar-24

$0.910

$0.915

-0.55%

-$0.01

$0.80

13.71%

$0.82

10.70%

 

 

Mt. Belvieu Propane non LST

Mar-24

$0.925

$0.910

1.66%

$0.02

$0.77

19.80%

$0.83

11.66%

 

 

Mt. Belview Ethane

Mar-24

$0.184

$0.190

-3.29%

-$0.01

$0.20

-9.25%

$0.25

-25.37%

 

 

Mt. Belview Nat. Gasoline

Mar-24

$1.584

$1.577

0.46%

$0.01

$1.45

9.18%

$1.62

-2.50%

 

 

Mt. Belvieu Butane LST

Mar-24

$1.065

$1.074

-0.82%

-$0.01

$0.95

12.19%

$0.98

8.83%

 

 

Far East Propane

Mar-24

$6.150

$6.170

-0.32%

-$0.02

$5.92

3.90%

$5.72

7.43%

 

 

Saudi Propane

Mar-24

$6.179

$6.220

-0.65%

-$0.04

$5.65

9.38%

$5.44

13.61%

 

 

 

 

Crude Oil

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

2/14/24

2/13/24

% Change

Change

1/17/24

% Change

2/15/23

% Change

 

 

WTI

Apr-24

$76.36

$77.56

-1.57%

-$1.20

$72.46

5.38%

$74.90

1.95%

 

 

Brent

Apr-24

$81.60

$82.77

-1.43%

-$1.17

$77.49

5.30%

$79.97

2.04%

 

 

WCS

Apr-24

-$17.69

-$17.76

-0.42%

$0.07

-$16.80

5.27%

-$17.07

3.59%

 

 

LLS

Apr-24

$78.33

$79.88

-1.98%

-$1.55

$74.37

5.32%

$76.65

2.19%

 

 

Mars

Apr-24

$76.02

$77.41

-1.83%

-$1.39

$72.04

5.52%

$71.79

5.89%

 

 

Sour

Apr-24

$76.88

$78.20

-1.72%

-$1.32

$73.19

5.04%

$72.29

6.35%

 

 

ESPO

Apr-24

$79.60

$80.77

-1.47%

-$1.17

$75.49

5.44%

$76.78

3.68%

 

 

 

 

Refined Products

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

2/14/24

2/13/24

% Change

Change

1/17/24

% Change

2/15/23

% Change

 

 

NY Heating Oil

Mar-24

$2.81

$2.90

-3.41%

-$0.10

$2.61

7.59%

$2.64

6.13%

 

 

NY Gasoline

Mar-24

$2.33

$2.40

-2.88%

-$0.07

$2.16

7.77%

$2.21

5.33%

 

 

GC Gasoline

Mar-24

$2.23

$2.30

-3.00%

-$0.07

$2.06

8.15%

$2.11

5.59%

 

 

GC Jet

Mar-24

$2.68

$2.73

-1.91%

-$0.05

$2.48

7.86%

$2.35

13.78%

 

 

Chicago Ethanol

Mar-24

$1.53

$1.58

-2.54%

-$0.04

$1.59

-3.15%

$2.02

-23.90%

 

 

Rotterdam Gasoil

Mar-24

$793.86

$816.03

-2.72%

-$22.17

$703.91

12.78%

$710.79

11.69%

 

 

Singapore Jet Kero

Mar-24

$106.10

$106.65

-0.51%

-$0.55

$96.38

10.08%

$92.53

14.67%

 

 

 

 

Implied Volatilities

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

2/14/24

2/13/24

% Change

Change

1/17/24

% Change

2/15/23

% Change

 

 

Henry Hub Straddle

Apr-24

67.14%

66.38%

1.14%

0.76%

56.36%

19.13%

49.88%

34.60%

 

 

Algonquin Straddle

Apr-24

55.58%

59.85%

-7.13%

-4.27%

54.41%

2.15%

43.93%

26.52%

 

 

Waha Straddle

Apr-24

101.78%

101.51%

0.27%

0.27%

100.73%

1.04%

83.78%

21.48%

 

 

Chicago Straddle

Apr-24

67.36%

65.64%

2.62%

1.72%

55.61%

21.13%

48.78%

38.09%

 

 

PJM West Straddle

Apr-24

38.74%

40.36%

-4.01%

-1.62%

39.28%

-1.37%

42.85%

-9.59%

 

 

SP – 15 Straddle

Apr-24

54.94%

43.40%

26.59%

11.54%

48.46%

13.37%

28.12%

95.38%

 

 

Mid. C Straddle

Apr-24

320.10%

293.95%

8.90%

26.15%

303.94%

5.32%

59.04%

442.17%

 

 

 

 

Euro Gas and Power/LNG

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

2/14/24

2/13/24

% Change

Change

1/17/24

% Change

2/15/23

% Change

 

 

Dutch TTF

Apr-24

EUR 25.24

EUR 25.65

-1.60%

-EUR 0.41

EUR 27.79

-9.19%

EUR 57.88

-56.40%

 

 

NBP

Apr-24

GBP 60.91

GBP 61.85

-1.52%

-GBP 0.94

GBP 66.98

-9.06%

GBP 152.59

-60.08%

 

 

German Base

Apr-24

EUR 54.52

EUR 55.63

-2.00%

-EUR 1.11

EUR 64.75

-15.79%

EUR 157.79

-65.45%

 

 

UK Base

Apr-24

GBP 56.56

GBP 56.44

0.21%

GBP 0.12

GBP 64.47

-12.26%

GBP 141.27

-59.96%

 

 

French Base

Apr-24

EUR 51.45

EUR 52.62

-2.22%

-EUR 1.17

EUR 58.38

-11.88%

EUR 142.99

-64.02%

 

 

Italian Base

Apr-24

EUR 77.56

EUR 78.80

-1.58%

-EUR 1.25

EUR 87.28

-11.14%

EUR 169.04

-54.12%

 

 

JKM LNG

Apr-24

$9.25

$9.17

0.85%

$0.08

$9.50

-2.63%

$17.32

-46.61%

 

 

 

 

Freight Forwards (WET & DRY)

 

OTCGH/EOXLive Market Data

 

 

 

Contract

2/14/24

2/13/24

% Change

Change

1/17/24

% Change

2/15/23

% Change

 

 

TD3C FFA Middle East to China (WET)

Apr-24

$25.24

$25.65

-1.60%

-$0.41

$27.79

-9.19%

$57.88

-56.40%

 

 

USGC-UK Continent Dirty (WET)

Apr-24

$60.91

$61.85

-1.52%

-$0.94

$66.98

-9.06%

$152.59

-60.08%

 

 

TD20 West Africa to UK Continent (WET)

Apr-24

$54.52

$55.63

-2.00%

-$1.11

$64.75

-15.79%

$157.79

-65.45%

 

 

LPG FFA Middle East Gulf to East (WET)

Apr-24

$56.56

$56.44

0.21%

$0.12

$64.47

-12.26%

$141.27

-59.96%

 

 

TC5 FFA Arabian Gulf to Japan (WET)

Apr-24

$51.45

$52.62

-2.22%

-$1.17

$58.38

-11.88%

$142.99

-64.02%

 

 

Supramax Timecharter (DRY)

Apr-24

$77.56

$78.80

-1.58%

-$1.25

$87.28

-11.14%

$169.04

-54.12%

 

 

Capesize Timecharter (DRY)

Apr-24

$9.25

$9.17

0.85%

$0.08

$9.50

-2.63%

$17.32

-46.61%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

02/10/2024

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

3

-4

-5

18

-26

-26

NA

NA

 

 

E S Central

0

0

0

0

-8

-2

NA

NA

 

 

W S Central

3

-1

2

4

-15

-14

NA

NA

 

 

Mountain

0

-1

0

0

-2

0

NA

NA

 

 

Pacific

0

0

0

0

-2

0

NA

NA

 

 

United States

1

0

-1

4

-7

-6

NA

NA

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

02/10/2024

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

223

-54

-32

3,541

-564

42

-14.00%

1.00%

 

 

Middle Atlantic

208

-49

-11

3,281

-437

16

-12.00%

0.00%

 

 

E N Central

183

-98

-37

3,550

-629

-209

-15.00%

-6.00%

 

 

W N Central

176

-113

-64

3,764

-738

-500

-16.00%

-12.00%

 

 

South Atlantic

111

-26

14

1,721

-202

-8

-11.00%

0.00%

 

 

E S Central

106

-63

-9

2,220

-255

34

-10.00%

2.00%

 

 

W S Central

65

-51

-27

1,569

-98

18

-6.00%

1.00%

 

 

Mountain

197

1

-6

3,067

-314

-369

-9.00%

-11.00%

 

 

Pacific

145

30

32

1,775

-208

-254

-10.00%

-13.00%

 

 

United States

152

-42

-10

2,578

-358

-124

-12.00%

-5.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

 

To opt out of this email please follow this link.

Campbell Faulkner | OTC Global Holdings

Quality Data – Reliable Service – Affordable Price

5151 San Felipe Suite 2200
Houston, TX 77056
faulkner.c@otcgh.com
eoxlive.com/market-data

 

This email, any information contained herein and any files transmitted with it (collectively, the Material) are the sole property of OTC Global Holdings LP and its affiliates (OTCGH); are confidential, may be legally privileged and are intended solely for the use of the individual or entity to whom they are addressed. Unauthorized disclosure, copying or distribution of the Material, is strictly prohibited and the recipient shall not redistribute the Material in any form to a third party. Please notify the sender immediately by email if you have received this email by mistake, delete this email from your system and destroy any hard copies. OTCGH waives no privilege or confidentiality due to any mistaken transmission of this email.