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Prices as of 8:27 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.739
|
$3.756
|
-0.45%
|
-$0.017
|
24,024
|
|
|
WTI
|
$75.99
|
$75.89
|
0.13%
|
$0.10
|
106,429
|
|
|
Brent
|
$79.38
|
$79.29
|
0.11%
|
$0.09
|
14,788
|
|
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ULSD
|
$2.542
|
$2.558
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-0.65%
|
-$0.017
|
7,803
|
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RBOB
|
$2.079
|
$2.084
|
-0.28%
|
-$0.006
|
3,390
|
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Spreads
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Current
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Previous
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% Change
|
Change
|
Contract
|
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WTI-Brent
|
$3.42
|
$3.46
|
-1.16%
|
-$0.04
|
Mar-25
|
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3:2:1 Crack
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$17.62
|
$18.17
|
-3.00%
|
-$0.54
|
Mar-25
|
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PJM West Spark
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$43.45
|
$48.56
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-10.51%
|
-$5.10
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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.
|
01/17/25
|
580
|
-4
|
-40
|
01/20/24
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Canada
|
01/17/25
|
229
|
13
|
6
|
01/20/24
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International
|
Dec
|
909
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-10
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-46
|
Dec
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CFTC Net Positions
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As of 1/14/2025
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Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
PJM West On Peak
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83,653
|
83,285
|
83,100
|
185
|
|
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PJM West Off Peak
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74,618
|
74,204
|
73,751
|
453
|
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Natural Gas Henry Hub
|
337,015
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325,953
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325,954
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-1
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WTI – Light Sweet Crude Futures
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323,493
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277,445
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262,286
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15,159
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Brent Crude Last Day
|
169,269
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161,470
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161,583
|
-113
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NYM Ethanol
|
35,207
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34,289
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34,831
|
-542
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Mt Belvieu LDH Propane Swap
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137,367
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136,587
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137,138
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-551
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RBOB
|
404,451
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377,074
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389,592
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-12,518
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HSC Basis
|
859,840
|
850,434
|
847,960
|
2,474
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EIA Short Term Energy Outlook
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|
2023
|
2024
|
2025 Projected
|
2026 Projected
|
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|
Brent
|
$82.00
|
$81.00
|
$74.00
|
$66.00
|
|
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Gasoline
|
$3.50
|
$3.30
|
$3.20
|
$3.00
|
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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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Electrical Generation %
|
2023
|
2024
|
2025 Projected
|
2026 Projected
|
|
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Natural gas
|
42.00%
|
43.00%
|
41.00%
|
40.00%
|
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Coal
|
17.00%
|
16.00%
|
15.00%
|
15.00%
|
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Renewables
|
22.00%
|
23.00%
|
25.00%
|
27.00%
|
|
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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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|
01/10/20
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|
1/10/25
|
1/3/25
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Net Change
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% Change
|
1/12/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
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East
|
669
|
737
|
-68
|
-9.23%
|
715
|
-6.43%
|
688
|
-2.79%
|
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Midwest
|
808
|
881
|
-73
|
-8.29%
|
873
|
-7.45%
|
821
|
-1.63%
|
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Mountain
|
240
|
255
|
-15
|
-5.88%
|
208
|
15.38%
|
169
|
42.35%
|
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Pacific
|
283
|
293
|
-10
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-3.41%
|
257
|
10.12%
|
225
|
25.78%
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South
|
1,114
|
1,207
|
-93
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-7.71%
|
1,128
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-1.24%
|
1,069
|
4.25%
|
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Salt
|
326
|
364
|
-38
|
-10.44%
|
332
|
-1.81%
|
313
|
4.29%
|
|
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Non_Salt
|
788
|
844
|
-56
|
-6.64%
|
796
|
-1.01%
|
756
|
4.23%
|
|
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Total
|
3,115
|
3,373
|
-258
|
-7.65%
|
3,182
|
-2.11%
|
2,972
|
4.81%
|
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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
|
1/21/25
|
1/17/25
|
% Change
|
Change
|
12/19/24
|
% Change
|
1/22/24
|
% Change
|
|
|
PJM West On Peak
|
Feb-25
|
$51.55
|
$56.59
|
-8.92%
|
-$5.05
|
$56.13
|
-8.17%
|
$56.24
|
-8.35%
|
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ERCOT North On Peak
|
Feb-25
|
$45.69
|
$54.18
|
-15.67%
|
-$8.49
|
$62.43
|
-26.82%
|
$79.29
|
-42.38%
|
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CAISO SP 15 On Peak
|
Feb-25
|
$33.44
|
$38.34
|
-12.79%
|
-$4.90
|
$38.76
|
-13.73%
|
$62.96
|
-46.89%
|
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MISO Indiana On Peak
|
Feb-25
|
$46.38
|
$49.68
|
-6.64%
|
-$3.30
|
$47.47
|
-2.29%
|
$50.10
|
-7.42%
|
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NEISO Mass On Peak
|
Feb-25
|
$109.36
|
$113.32
|
-3.49%
|
-$3.96
|
$107.24
|
1.98%
|
$109.21
|
0.14%
|
|
|
WECC Mid C On Peak
|
Feb-25
|
$60.00
|
$63.85
|
-6.02%
|
-$3.85
|
$60.70
|
-1.16%
|
$111.24
|
-46.06%
|
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NYISO Zone G On Peak
|
Feb-25
|
$93.77
|
$95.67
|
-1.98%
|
-$1.89
|
$83.49
|
12.32%
|
$92.04
|
1.89%
|
|
|
|
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|
|
|
|
|
|
|
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|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/21/25
|
1/17/25
|
% Change
|
Change
|
12/19/24
|
% Change
|
1/22/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Feb-25
|
$3.756
|
$3.948
|
-4.86%
|
-$0.19
|
$3.30
|
13.96%
|
$3.66
|
2.62%
|
|
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Houston Ship Channel
|
Feb-25
|
-$0.026
|
$0.023
|
-211.54%
|
-$0.05
|
$0.02
|
-236.65%
|
$0.18
|
-114.77%
|
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Chicago
|
Feb-25
|
$0.693
|
$0.929
|
34.13%
|
-$0.24
|
$0.62
|
11.51%
|
$0.86
|
-19.80%
|
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Waha
|
Feb-25
|
-$0.749
|
-$0.506
|
-48.09%
|
-$0.24
|
-$0.46
|
63.38%
|
-$0.06
|
1101.61%
|
|
|
Algonquin
|
Feb-25
|
$9.010
|
$8.842
|
1.89%
|
$0.17
|
$8.08
|
11.49%
|
$7.84
|
14.97%
|
|
|
Aeco
|
Feb-25
|
-$2.477
|
-$2.579
|
-3.95%
|
$0.10
|
-$1.83
|
35.68%
|
-$1.11
|
123.41%
|
|
|
Socal
|
Feb-25
|
$0.481
|
$0.773
|
-37.75%
|
-$0.29
|
$0.65
|
-26.10%
|
$2.43
|
-80.18%
|
|
|
|
|
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|
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|
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|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/21/25
|
1/17/25
|
% Change
|
Change
|
12/19/24
|
% Change
|
1/22/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Feb-25
|
$0.919
|
$0.960
|
-4.28%
|
-$0.04
|
$0.77
|
19.70%
|
$0.77
|
19.20%
|
|
|
Mt. Belvieu Propane non LST
|
Feb-25
|
$0.932
|
$0.977
|
-4.58%
|
-$0.04
|
$0.78
|
20.10%
|
$0.77
|
20.33%
|
|
|
Mt. Belview Ethane
|
Feb-25
|
$0.262
|
$0.270
|
-2.80%
|
-$0.01
|
$0.23
|
13.53%
|
$0.24
|
8.28%
|
|
|
Mt. Belview Nat. Gasoline
|
Feb-25
|
$1.568
|
$1.572
|
-0.31%
|
$0.00
|
$1.45
|
7.92%
|
$1.41
|
11.02%
|
|
|
Mt. Belvieu Butane LST
|
Feb-25
|
$1.118
|
$1.142
|
-2.07%
|
-$0.02
|
$1.03
|
8.33%
|
$0.91
|
22.80%
|
|
|
Far East Propane
|
Feb-25
|
$6.230
|
$6.334
|
-1.63%
|
-$0.10
|
$5.98
|
4.15%
|
$5.71
|
9.13%
|
|
|
Saudi Propane
|
Feb-25
|
$6.325
|
$6.380
|
-0.86%
|
-$0.06
|
$6.10
|
3.69%
|
$5.38
|
17.48%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/21/25
|
1/17/25
|
% Change
|
Change
|
12/19/24
|
% Change
|
1/22/24
|
% Change
|
|
|
WTI
|
Mar-25
|
$75.83
|
$77.39
|
-2.06%
|
-$1.56
|
$68.95
|
9.98%
|
$71.09
|
6.67%
|
|
|
Brent
|
Mar-25
|
$79.29
|
$80.79
|
-1.89%
|
-$1.50
|
$72.45
|
9.44%
|
$75.99
|
4.34%
|
|
|
WCS
|
Mar-25
|
-$14.80
|
-$14.75
|
0.34%
|
-$0.05
|
-$14.95
|
-1.00%
|
-$15.59
|
-5.09%
|
|
|
LLS
|
Mar-25
|
$77.84
|
$78.11
|
-0.35%
|
-$0.27
|
$71.62
|
8.69%
|
$72.64
|
7.16%
|
|
|
Mars
|
Mar-25
|
$76.14
|
$76.31
|
-0.22%
|
-$0.17
|
$69.07
|
10.24%
|
$70.42
|
8.12%
|
|
|
Sour
|
Mar-25
|
$77.31
|
$77.75
|
-0.57%
|
-$0.44
|
$69.62
|
11.05%
|
$70.75
|
9.28%
|
|
|
ESPO
|
Mar-25
|
$77.29
|
$78.79
|
-1.94%
|
-$1.50
|
$70.45
|
9.71%
|
$73.99
|
4.46%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/21/25
|
1/17/25
|
% Change
|
Change
|
12/19/24
|
% Change
|
1/22/24
|
% Change
|
|
|
NY Heating Oil
|
Feb-25
|
$2.57
|
$2.62
|
-2.10%
|
-$0.06
|
$2.23
|
14.94%
|
$2.47
|
4.13%
|
|
|
NY Gasoline
|
Feb-25
|
$2.09
|
$2.11
|
-1.04%
|
-$0.02
|
$1.95
|
7.02%
|
$2.05
|
1.90%
|
|
|
GC Gasoline
|
Feb-25
|
$1.99
|
$2.01
|
-1.09%
|
-$0.02
|
$1.85
|
7.40%
|
$1.95
|
2.00%
|
|
|
GC Jet
|
Feb-25
|
$2.40
|
$2.51
|
-4.22%
|
-$0.11
|
$2.15
|
11.56%
|
$2.33
|
3.18%
|
|
|
Chicago Ethanol
|
Feb-25
|
$1.74
|
$1.74
|
0.23%
|
$0.00
|
$1.61
|
8.20%
|
$1.59
|
9.35%
|
|
|
Rotterdam Gasoil
|
Feb-25
|
$684.04
|
$687.43
|
-0.49%
|
-$3.39
|
$637.50
|
7.30%
|
$678.34
|
0.84%
|
|
|
Singapore Jet Kero
|
Feb-25
|
$95.66
|
$96.60
|
-0.98%
|
-$0.94
|
$87.51
|
9.31%
|
$90.48
|
5.73%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/21/25
|
1/17/25
|
% Change
|
Change
|
12/19/24
|
% Change
|
1/22/24
|
% Change
|
|
|
Henry Hub Straddle
|
Mar-25
|
75.21%
|
86.40%
|
-12.95%
|
-11.19%
|
61.38%
|
22.53%
|
51.61%
|
45.73%
|
|
|
Algonquin Straddle
|
Mar-25
|
103.48%
|
117.71%
|
-12.09%
|
-14.23%
|
88.37%
|
17.10%
|
75.42%
|
37.20%
|
|
|
Waha Straddle
|
Mar-25
|
184.02%
|
195.91%
|
-6.07%
|
-11.89%
|
199.93%
|
-7.96%
|
57.61%
|
219.42%
|
|
|
Chicago Straddle
|
Mar-25
|
83.07%
|
94.27%
|
-11.88%
|
-11.20%
|
69.04%
|
20.32%
|
55.30%
|
50.22%
|
|
|
PJM West Straddle
|
Mar-25
|
65.06%
|
64.00%
|
1.66%
|
1.06%
|
58.13%
|
11.92%
|
35.73%
|
82.09%
|
|
|
SP – 15 Straddle
|
Mar-25
|
281.09%
|
267.16%
|
5.21%
|
13.93%
|
222.92%
|
26.09%
|
17.57%
|
1499.83%
|
|
|
Mid. C Straddle
|
Mar-25
|
34.87%
|
44.40%
|
-21.46%
|
-9.53%
|
28.02%
|
24.45%
|
63.38%
|
-44.98%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/21/25
|
1/17/25
|
% Change
|
Change
|
12/19/24
|
% Change
|
1/22/24
|
% Change
|
|
|
Dutch TTF
|
Mar-25
|
EUR 49.67
|
EUR 47.35
|
4.90%
|
EUR 2.32
|
EUR 43.80
|
13.40%
|
EUR 33.61
|
47.77%
|
|
|
NBP
|
Mar-25
|
GBP 124.91
|
GBP 118.21
|
5.67%
|
GBP 6.70
|
GBP 107.67
|
16.01%
|
GBP 85.19
|
46.63%
|
|
|
German Base
|
Mar-25
|
EUR 95.75
|
EUR 91.91
|
4.18%
|
EUR 3.84
|
EUR 89.77
|
6.66%
|
EUR 82.22
|
16.46%
|
|
|
UK Base
|
Mar-25
|
GBP 92.70
|
GBP 91.65
|
1.15%
|
GBP 1.05
|
GBP 85.99
|
7.81%
|
GBP 78.98
|
17.38%
|
|
|
French Base
|
Mar-25
|
EUR 78.81
|
EUR 76.05
|
3.63%
|
EUR 2.76
|
EUR 73.29
|
7.54%
|
EUR 84.38
|
-6.60%
|
|
|
Italian Base
|
Mar-25
|
EUR 134.82
|
EUR 130.95
|
2.95%
|
EUR 3.86
|
EUR 119.25
|
13.05%
|
EUR 96.81
|
39.26%
|
|
|
JKM LNG
|
Mar-25
|
$14.73
|
$14.23
|
3.54%
|
$0.50
|
$13.03
|
13.05%
|
$12.56
|
17.29%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
1/21/25
|
1/17/25
|
% Change
|
Change
|
12/19/24
|
% Change
|
1/22/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Mar-25
|
$49.67
|
$47.35
|
4.90%
|
$2.32
|
$43.80
|
13.40%
|
$33.61
|
47.77%
|
|
|
USGC-UK Continent Dirty (WET)
|
Mar-25
|
$124.91
|
$118.21
|
5.67%
|
$6.70
|
$107.67
|
16.01%
|
$85.19
|
46.63%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Mar-25
|
$95.75
|
$91.91
|
4.18%
|
$3.84
|
$89.77
|
6.66%
|
$82.22
|
16.46%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Mar-25
|
$92.70
|
$91.65
|
1.15%
|
$1.05
|
$85.99
|
7.81%
|
$78.98
|
17.38%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Mar-25
|
$78.81
|
$76.05
|
3.63%
|
$2.76
|
$73.29
|
7.54%
|
$84.38
|
-6.60%
|
|
|
Supramax Timecharter (DRY)
|
Mar-25
|
$134.82
|
$130.95
|
2.95%
|
$3.86
|
$119.25
|
13.05%
|
$96.81
|
39.26%
|
|
|
Capesize Timecharter (DRY)
|
Mar-25
|
$14.73
|
$14.23
|
3.54%
|
$0.50
|
$13.03
|
13.05%
|
$12.56
|
17.29%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
01/18/2025
|
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
|
1
|
-7
|
-1
|
3
|
-17
|
-2
|
NA
|
NA
|
|
|
E S Central
|
0
|
-2
|
0
|
0
|
-5
|
0
|
NA
|
NA
|
|
|
W S Central
|
0
|
-3
|
0
|
1
|
-7
|
1
|
NA
|
NA
|
|
|
Mountain
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
Pacific
|
0
|
-1
|
0
|
0
|
-1
|
0
|
NA
|
NA
|
|
|
United States
|
0
|
-2
|
0
|
1
|
-4
|
0
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
01/18/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
278
|
-5
|
25
|
2,938
|
-244
|
193
|
-8.00%
|
7.00%
|
|
|
Middle Atlantic
|
265
|
2
|
3
|
2,636
|
-224
|
96
|
-8.00%
|
4.00%
|
|
|
E N Central
|
301
|
4
|
-59
|
2,833
|
-395
|
19
|
-12.00%
|
1.00%
|
|
|
W N Central
|
313
|
-5
|
-115
|
3,006
|
-502
|
-18
|
-14.00%
|
-1.00%
|
|
|
South Atlantic
|
164
|
17
|
6
|
1,364
|
-93
|
30
|
-6.00%
|
2.00%
|
|
|
E S Central
|
198
|
10
|
-60
|
1,645
|
-246
|
-100
|
-13.00%
|
-6.00%
|
|
|
W S Central
|
140
|
3
|
-85
|
982
|
-274
|
-267
|
-22.00%
|
-21.00%
|
|
|
Mountain
|
229
|
12
|
-28
|
2,373
|
-336
|
-104
|
-12.00%
|
-4.00%
|
|
|
Pacific
|
134
|
5
|
-14
|
1,404
|
-185
|
4
|
-12.00%
|
0.00%
|
|
|
United States
|
215
|
6
|
-32
|
2,019
|
-254
|
-12
|
-11.00%
|
-1.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|
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