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Prices as of 9:04 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.483
|
$3.660
|
-4.84%
|
-$0.177
|
50,928
|
|
|
WTI
|
$73.48
|
$73.13
|
0.48%
|
$0.35
|
91,117
|
|
|
Brent
|
$76.13
|
$75.93
|
0.26%
|
$0.20
|
14,721
|
|
|
ULSD
|
$2.342
|
$2.354
|
-0.50%
|
-$0.012
|
12,365
|
|
|
RBOB
|
$2.057
|
$2.052
|
0.26%
|
$0.005
|
8,816
|
|
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Spreads
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Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
WTI-Brent
|
$3.34
|
$3.43
|
-2.62%
|
-$0.09
|
Mar-25
|
|
|
3:2:1 Crack
|
$17.86
|
$18.17
|
-1.68%
|
-$0.31
|
Feb-25
|
|
|
PJM West Spark
|
$48.90
|
$45.05
|
8.55%
|
$3.85
|
Feb-25
|
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Baker Hughes Rig Count
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Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
U.S.
|
12/27/25
|
589
|
0
|
-33
|
12/29/24
|
|
|
Canada
|
12/27/25
|
95
|
-71
|
9
|
12/29/24
|
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International
|
Dec
|
909
|
-10
|
-46
|
Dec
|
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CFTC Net Positions
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As of 12/17/2024
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
PJM West On Peak
|
89,524
|
89,138
|
89,077
|
61
|
|
|
PJM West Off Peak
|
83,405
|
83,325
|
82,434
|
891
|
|
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Natural Gas Henry Hub
|
329,663
|
317,346
|
315,738
|
1,608
|
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WTI – Light Sweet Crude Futures
|
162,902
|
138,833
|
136,490
|
2,343
|
|
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Brent Crude Last Day
|
154,989
|
147,240
|
147,842
|
-602
|
|
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NYM Ethanol
|
32,655
|
31,726
|
32,166
|
-440
|
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Mt Belvieu LDH Propane Swap
|
140,649
|
139,882
|
140,308
|
-426
|
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RBOB
|
389,438
|
367,350
|
368,473
|
-1,123
|
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HSC Basis
|
853,824
|
842,973
|
841,779
|
1,194
|
|
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EIA Short Term Energy Outlook
|
|
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|
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|
|
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|
|
|
2022
|
2023
|
2024projected
|
2025projected
|
|
|
Brent
|
$101.00
|
$82.00
|
$83.00
|
$84.00
|
|
|
Gasoline
|
$4.00
|
$3.50
|
$3.30
|
$3.30
|
|
|
Crude Oil Production
|
12.00
|
12.90
|
13.30
|
13.70
|
|
|
Natural Gas Spot
|
$6.40
|
$2.50
|
$2.20
|
$3.10
|
|
|
LNG Exports
|
11.00
|
12.00
|
12.00
|
14.00
|
|
|
|
|
|
|
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|
Electrical Generation %
|
2022
|
2023
|
2024projected
|
2025projected
|
|
|
Natural gas
|
39.00%
|
42.00%
|
42.00%
|
39.00%
|
|
|
Coal
|
20.00%
|
17.00%
|
16.00%
|
16.00%
|
|
|
Renewables
|
21.00%
|
21.00%
|
23.00%
|
25.00%
|
|
|
Nuclear
|
19.00%
|
19.00%
|
19.00%
|
19.00%
|
|
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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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|
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|
|
|
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|
12/20/19
|
|
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|
12/20/24
|
12/13/24
|
Net Change
|
% Change
|
12/22/23
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
792
|
822
|
-30
|
-3.65%
|
805
|
-1.61%
|
787
|
0.64%
|
|
|
Midwest
|
960
|
1,007
|
-47
|
-4.67%
|
985
|
-2.54%
|
940
|
2.17%
|
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|
Mountain
|
267
|
274
|
-7
|
-2.55%
|
232
|
15.09%
|
192
|
39.21%
|
|
|
Pacific
|
293
|
296
|
-3
|
-1.01%
|
280
|
4.64%
|
246
|
19.20%
|
|
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South
|
1,217
|
1,222
|
-5
|
-0.41%
|
1,187
|
2.53%
|
1,143
|
6.46%
|
|
|
Salt
|
349
|
338
|
11
|
3.25%
|
329
|
6.08%
|
324
|
7.65%
|
|
|
Non_Salt
|
868
|
884
|
-16
|
-1.81%
|
858
|
1.17%
|
819
|
5.96%
|
|
|
Total
|
3,529
|
3,622
|
-93
|
-2.57%
|
3,490
|
1.12%
|
3,308
|
6.69%
|
|
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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
|
1/2/25
|
12/31/24
|
% Change
|
Change
|
12/3/24
|
% Change
|
1/3/24
|
% Change
|
|
|
PJM West On Peak
|
Feb-25
|
$56.37
|
$52.88
|
6.59%
|
$3.48
|
$50.06
|
12.59%
|
$55.67
|
1.26%
|
|
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ERCOT North On Peak
|
Feb-25
|
$58.45
|
$53.13
|
10.01%
|
$5.32
|
$59.24
|
-1.33%
|
$75.10
|
-22.17%
|
|
|
CAISO SP 15 On Peak
|
Feb-25
|
$35.99
|
$36.34
|
-0.96%
|
-$0.35
|
$38.06
|
-5.44%
|
$62.99
|
-42.86%
|
|
|
MISO Indiana On Peak
|
Feb-25
|
$48.13
|
$45.40
|
6.00%
|
$2.72
|
$43.45
|
10.76%
|
$48.85
|
-1.47%
|
|
|
NEISO Mass On Peak
|
Feb-25
|
$104.36
|
$104.64
|
-0.26%
|
-$0.28
|
$93.21
|
11.97%
|
$104.81
|
-0.43%
|
|
|
WECC Mid C On Peak
|
Feb-25
|
$57.32
|
$55.17
|
3.89%
|
$2.15
|
$61.39
|
-6.64%
|
$92.59
|
-38.10%
|
|
|
NYISO Zone G On Peak
|
Feb-25
|
$90.43
|
$83.48
|
8.32%
|
$6.95
|
$73.16
|
23.60%
|
$84.50
|
7.01%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/2/25
|
12/31/24
|
% Change
|
Change
|
12/3/24
|
% Change
|
1/3/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Feb-25
|
$3.660
|
$3.633
|
0.74%
|
$0.03
|
$2.92
|
25.43%
|
$3.74
|
-2.14%
|
|
|
Houston Ship Channel
|
Feb-25
|
-$0.002
|
$0.022
|
-111.01%
|
-$0.02
|
-$0.06
|
-96.21%
|
$0.18
|
-101.30%
|
|
|
Chicago
|
Feb-25
|
$0.875
|
$0.867
|
-0.91%
|
$0.01
|
$0.71
|
23.86%
|
$0.79
|
10.50%
|
|
|
Waha
|
Feb-25
|
-$0.769
|
-$0.522
|
-47.40%
|
-$0.25
|
-$0.53
|
45.89%
|
-$0.10
|
665.17%
|
|
|
Algonquin
|
Feb-25
|
$9.279
|
$9.991
|
-7.13%
|
-$0.71
|
$7.19
|
28.97%
|
$7.65
|
21.31%
|
|
|
Aeco
|
Feb-25
|
-$2.162
|
-$2.026
|
6.69%
|
-$0.14
|
-$1.49
|
45.43%
|
-$1.21
|
78.10%
|
|
|
Socal
|
Feb-25
|
$0.460
|
$0.457
|
0.68%
|
$0.00
|
$0.90
|
-48.82%
|
$2.40
|
-80.81%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/2/25
|
12/31/24
|
% Change
|
Change
|
12/3/24
|
% Change
|
1/3/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Feb-25
|
$0.847
|
$0.815
|
3.98%
|
$0.03
|
$0.81
|
3.97%
|
$0.71
|
20.10%
|
|
|
Mt. Belvieu Propane non LST
|
Feb-25
|
$0.847
|
$0.806
|
5.05%
|
$0.04
|
$0.82
|
3.76%
|
$0.71
|
18.47%
|
|
|
Mt. Belview Ethane
|
Feb-25
|
$0.274
|
$0.260
|
5.24%
|
$0.01
|
$0.22
|
27.25%
|
$0.25
|
8.41%
|
|
|
Mt. Belview Nat. Gasoline
|
Feb-25
|
$1.540
|
$1.522
|
1.18%
|
$0.02
|
$1.46
|
5.16%
|
$1.41
|
9.30%
|
|
|
Mt. Belvieu Butane LST
|
Feb-25
|
$1.136
|
$1.121
|
1.30%
|
$0.01
|
$1.02
|
11.07%
|
$0.87
|
29.80%
|
|
|
Far East Propane
|
Feb-25
|
$6.260
|
$6.179
|
1.30%
|
$0.08
|
$6.10
|
2.62%
|
$5.77
|
8.44%
|
|
|
Saudi Propane
|
Feb-25
|
$6.270
|
$6.201
|
1.11%
|
$0.07
|
$6.17
|
1.62%
|
$5.49
|
14.13%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/2/25
|
12/31/24
|
% Change
|
Change
|
12/3/24
|
% Change
|
1/3/24
|
% Change
|
|
|
WTI
|
Feb-25
|
$73.13
|
$71.72
|
1.93%
|
$1.41
|
$69.54
|
5.16%
|
$70.60
|
3.58%
|
|
|
Brent
|
Feb-25
|
$76.15
|
$74.82
|
1.75%
|
$1.33
|
$73.62
|
3.44%
|
$75.63
|
0.69%
|
|
|
WCS
|
Feb-25
|
-$12.90
|
-$12.95
|
-0.38%
|
$0.05
|
-$12.90
|
0.00%
|
-$15.26
|
-15.44%
|
|
|
LLS
|
Feb-25
|
$73.13
|
$72.41
|
0.98%
|
$0.71
|
$69.55
|
5.15%
|
$72.72
|
0.56%
|
|
|
Mars
|
Feb-25
|
$71.23
|
$70.51
|
1.00%
|
$0.71
|
$66.90
|
6.47%
|
$69.43
|
2.59%
|
|
|
Sour
|
Feb-25
|
$71.55
|
$70.93
|
0.87%
|
$0.62
|
$67.90
|
5.37%
|
$70.38
|
1.67%
|
|
|
ESPO
|
Feb-25
|
$74.15
|
$72.82
|
1.79%
|
$1.33
|
$71.62
|
3.54%
|
$73.63
|
0.71%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/2/25
|
12/31/24
|
% Change
|
Change
|
12/3/24
|
% Change
|
1/3/24
|
% Change
|
|
|
NY Heating Oil
|
Feb-25
|
$2.36
|
$2.29
|
3.01%
|
$0.07
|
$2.22
|
6.35%
|
$2.43
|
-2.92%
|
|
|
NY Gasoline
|
Feb-25
|
$2.05
|
$1.98
|
3.58%
|
$0.07
|
$1.95
|
5.28%
|
$2.01
|
2.34%
|
|
|
GC Gasoline
|
Feb-25
|
$1.95
|
$1.88
|
3.77%
|
$0.07
|
$1.85
|
5.57%
|
$1.91
|
2.47%
|
|
|
GC Jet
|
Feb-25
|
$2.25
|
$2.22
|
1.31%
|
$0.03
|
$2.06
|
8.92%
|
$2.27
|
-1.14%
|
|
|
Chicago Ethanol
|
Feb-25
|
$1.70
|
$1.69
|
0.30%
|
$0.00
|
$1.56
|
8.79%
|
$1.53
|
10.50%
|
|
|
Rotterdam Gasoil
|
Feb-25
|
$663.24
|
$643.00
|
3.15%
|
$20.24
|
$629.69
|
5.33%
|
$676.16
|
-1.91%
|
|
|
Singapore Jet Kero
|
Feb-25
|
$90.70
|
$88.59
|
2.38%
|
$2.11
|
$86.43
|
4.94%
|
$89.48
|
1.36%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/2/25
|
12/31/24
|
% Change
|
Change
|
12/3/24
|
% Change
|
1/3/24
|
% Change
|
|
|
Henry Hub Straddle
|
Feb-25
|
84.52%
|
101.85%
|
-17.02%
|
-17.33%
|
74.43%
|
13.56%
|
47.39%
|
78.35%
|
|
|
Algonquin Straddle
|
Feb-25
|
126.25%
|
139.35%
|
-9.40%
|
-13.10%
|
89.14%
|
41.63%
|
58.87%
|
114.46%
|
|
|
Waha Straddle
|
Feb-25
|
74.73%
|
82.70%
|
-9.64%
|
-7.97%
|
73.37%
|
1.85%
|
47.92%
|
55.95%
|
|
|
Chicago Straddle
|
Feb-25
|
80.10%
|
93.50%
|
-14.33%
|
-13.40%
|
72.37%
|
10.68%
|
44.39%
|
80.45%
|
|
|
PJM West Straddle
|
Feb-25
|
103.27%
|
99.41%
|
3.88%
|
3.86%
|
84.88%
|
21.67%
|
45.60%
|
126.47%
|
|
|
SP – 15 Straddle
|
Feb-25
|
228.29%
|
214.72%
|
6.32%
|
13.57%
|
258.78%
|
-11.78%
|
23.75%
|
861.22%
|
|
|
Mid. C Straddle
|
Feb-25
|
64.01%
|
75.48%
|
-15.20%
|
-11.47%
|
77.37%
|
-17.27%
|
24.30%
|
163.42%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/2/25
|
12/31/24
|
% Change
|
Change
|
12/3/24
|
% Change
|
1/3/24
|
% Change
|
|
|
Dutch TTF
|
Feb-25
|
EUR 50.46
|
EUR 50.52
|
-0.11%
|
-EUR 0.05
|
EUR 48.41
|
4.25%
|
EUR 38.39
|
31.44%
|
|
|
NBP
|
Feb-25
|
GBP 123.89
|
GBP 125.63
|
-1.38%
|
-GBP 1.73
|
GBP 121.74
|
1.77%
|
GBP 100.57
|
23.20%
|
|
|
German Base
|
Feb-25
|
EUR 113.18
|
EUR 114.85
|
-1.46%
|
-EUR 1.67
|
EUR 115.87
|
-2.33%
|
EUR 106.62
|
6.15%
|
|
|
UK Base
|
Feb-25
|
GBP 102.45
|
GBP 100.93
|
1.50%
|
GBP 1.51
|
GBP 103.45
|
-0.97%
|
GBP 93.93
|
9.07%
|
|
|
French Base
|
Feb-25
|
EUR 103.38
|
EUR 104.33
|
-0.90%
|
-EUR 0.94
|
EUR 113.40
|
-8.83%
|
EUR 109.88
|
-5.91%
|
|
|
Italian Base
|
Feb-25
|
EUR 141.92
|
EUR 140.03
|
1.35%
|
EUR 1.89
|
EUR 135.61
|
4.65%
|
EUR 116.98
|
21.32%
|
|
|
JKM LNG
|
Feb-25
|
$14.61
|
$14.77
|
-1.06%
|
-$0.16
|
$15.18
|
-3.71%
|
$13.47
|
8.48%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/2/25
|
12/31/24
|
% Change
|
Change
|
12/3/24
|
% Change
|
1/3/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Feb-25
|
$50.46
|
$50.52
|
-0.11%
|
-$0.05
|
$48.41
|
4.25%
|
$38.39
|
31.44%
|
|
|
USGC-UK Continent Dirty (WET)
|
Feb-25
|
$123.89
|
$125.63
|
-1.38%
|
-$1.73
|
$121.74
|
1.77%
|
$100.57
|
23.20%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Feb-25
|
$113.18
|
$114.85
|
-1.46%
|
-$1.67
|
$115.87
|
-2.33%
|
$106.62
|
6.15%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Feb-25
|
$102.45
|
$100.93
|
1.50%
|
$1.51
|
$103.45
|
-0.97%
|
$93.93
|
9.07%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Feb-25
|
$103.38
|
$104.33
|
-0.90%
|
-$0.94
|
$113.40
|
-8.83%
|
$109.88
|
-5.91%
|
|
|
Supramax Timecharter (DRY)
|
Feb-25
|
$141.92
|
$140.03
|
1.35%
|
$1.89
|
$135.61
|
4.65%
|
$116.98
|
21.32%
|
|
|
Capesize Timecharter (DRY)
|
Feb-25
|
$14.61
|
$14.77
|
-1.06%
|
-$0.16
|
$15.18
|
-3.71%
|
$13.47
|
8.48%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12/28/2024
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
0
|
0
|
0
|
570
|
153
|
20
|
37.00%
|
3.00%
|
|
|
Middle Atlantic
|
0
|
0
|
0
|
772
|
116
|
74
|
18.00%
|
11.00%
|
|
|
E N Central
|
0
|
0
|
0
|
782
|
73
|
118
|
10.00%
|
18.00%
|
|
|
W N Central
|
0
|
0
|
0
|
998
|
71
|
-59
|
8.00%
|
-6.00%
|
|
|
South Atlantic
|
4
|
-2
|
-2
|
2,180
|
217
|
127
|
11.00%
|
6.00%
|
|
|
E S Central
|
0
|
-1
|
0
|
1,827
|
279
|
196
|
18.00%
|
12.00%
|
|
|
W S Central
|
3
|
1
|
-1
|
2,862
|
413
|
-79
|
17.00%
|
-3.00%
|
|
|
Mountain
|
0
|
0
|
0
|
1,428
|
185
|
175
|
15.00%
|
14.00%
|
|
|
Pacific
|
0
|
0
|
0
|
906
|
202
|
211
|
29.00%
|
30.00%
|
|
|
United States
|
1
|
0
|
-1
|
1,402
|
186
|
97
|
15.00%
|
7.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12/28/2024
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
301
|
38
|
92
|
2,168
|
-178
|
137
|
-8.00%
|
7.00%
|
|
|
Middle Atlantic
|
265
|
21
|
73
|
1,888
|
-195
|
47
|
-9.00%
|
3.00%
|
|
|
E N Central
|
212
|
-65
|
50
|
1,986
|
-364
|
-3
|
-15.00%
|
0.00%
|
|
|
W N Central
|
210
|
-92
|
26
|
2,092
|
-471
|
21
|
-18.00%
|
1.00%
|
|
|
South Atlantic
|
140
|
3
|
51
|
902
|
-120
|
-6
|
-12.00%
|
-1.00%
|
|
|
E S Central
|
136
|
-40
|
20
|
1,069
|
-263
|
-57
|
-20.00%
|
-5.00%
|
|
|
W S Central
|
69
|
-60
|
-29
|
571
|
-277
|
-184
|
-33.00%
|
-24.00%
|
|
|
Mountain
|
171
|
-47
|
-37
|
1,730
|
-323
|
-35
|
-16.00%
|
-2.00%
|
|
|
Pacific
|
108
|
-24
|
-3
|
1,047
|
-149
|
74
|
-12.00%
|
8.00%
|
|
|
United States
|
171
|
-28
|
29
|
1,411
|
-241
|
-2
|
-15.00%
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|
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