Prices as of 9:45 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$2.570

#N/A

NA

NA

91,789

 

 

WTI

$69.87

#N/A

NA

NA

9,184

 

 

Brent

$74.86

$74.79

0.09%

$0.07

24,240

 

 

ULSD

$2.457

$2.361

4.06%

$0.096

24,043

 

 

RBOB

$2.582

$2.593

-0.42%

-$0.011

19,679

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.72

NA

NA

NA

Aug-23

 

 

3:2:1 Crack

$33.61

NA

NA

NA

Jul-23

 

 

PJM West Spark

$43.55

NA

NA

NA

Jul-23

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

06/16/23

687

-8

-53

06/17/22

 

 

Canada

06/16/23

159

23

3

06/17/22

 

 

International

May

965

18

148

May

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 6/13/2023

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

112,313

111,944

112,065

-121

 

 

PJM West Off Peak

92,782

92,142

92,189

-47

 

 

Natural Gas Henry Hub

445,336

417,190

433,080

-15,890

 

 

WTI – Light Sweet Crude Futures

266,008

200,982

195,005

5,977

 

 

Brent Crude Last Day

147,598

136,428

139,549

-3,121

 

 

NYM Ethanol

37,340

37,001

36,913

88

 

 

Mt Belvieu LDH Propane Swap

151,633

150,784

151,353

-569

 

 

RBOB

340,409

320,121

325,069

-4,948

 

 

HSC Basis

570,797

565,221

559,003

6,218

 

 

 

 

EIA Short Term Energy Outlook

 

 

 

 

 

 

 

2021

2022

2023projected

2024projected

 

 

Brent

$70.89

$100.94

$79.54

$83.51

 

 

Gasoline

$3.02

$3.97

$3.39

$3.30

 

 

Crude Oil Production

11.25

11.89

12.61

12.77

 

 

Natural Gas Spot

$3.91

$6.42

$2.66

$3.42

 

 

LNG Exports

9.76

10.59

12.07

12.73

 

 

 

 

 

 

 

 

 

 

Electrical Generation %

2021

2022

2023projected

2024projected

 

 

Natural gas

37.00%

39.00%

41.00%

39.00%

 

 

Coal

23.00%

20.00%

16.00%

16.00%

 

 

Renewables

20.00%

22.00%

23.00%

25.00%

 

 

Nuclear

20.00%

19.00%

19.00%

19.00%

 

 

 

 

 

 

 

 

 

 

 

Short Term Energy Outlook

 

Natural Gas Storage

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

EIA Lower 48 Natural Gas Storage

 

 

 

 

06/15/18

 

 

 

6/9/23

6/2/23

Net Change

% Change

6/10/22

% Change

5 Year Avg.

% Change

 

 

East

574

552

22

3.99%

407

41.03%

466

23.07%

 

 

Midwest

632

604

28

4.64%

482

31.12%

529

19.52%

 

 

Mountain

148

137

11

8.03%

122

21.31%

138

7.56%

 

 

Pacific

176

164

12

7.32%

221

-20.36%

245

-28.28%

 

 

South

1,105

1,093

12

1.10%

863

28.04%

946

16.81%

 

 

    Salt

324

319

5

1.57%

251

29.08%

286

13.29%

 

 

    Non_Salt

781

774

7

0.90%

612

27.61%

660

18.30%

 

 

Total

2,634

2,550

84

3.29%

2,095

25.73%

2,324

13.33%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

EOXLive Market Data

 

 

 

Contract

6/16/23

6/15/23

% Change

Change

5/18/23

% Change

6/16/22

% Change

 

 

PJM West On Peak

Jul-23

$49.04

$48.72

0.67%

$0.33

$60.49

-18.93%

$102.86

-52.32%

 

 

ERCOT North On Peak

Jul-23

$77.65

$74.26

4.56%

$3.39

$66.35

17.02%

$85.88

-9.59%

 

 

CAISO SP 15 On Peak

Jul-23

$81.86

$81.72

0.18%

$0.14

$89.17

-8.20%

$121.97

-32.88%

 

 

MISO Indiana On Peak

Jul-23

$54.77

$55.40

-1.14%

-$0.63

$64.82

-15.50%

$106.96

-48.79%

 

 

NEISO Mass On Peak

Jul-23

$65.14

$59.53

9.42%

$5.61

$81.36

-19.94%

$92.04

-29.23%

 

 

WECC Mid C On Peak

Jul-23

$147.93

$163.10

-9.31%

-$15.18

$144.99

2.03%

$138.36

6.91%

 

 

NYISO Zone G On Peak

Jul-23

$50.38

$46.31

8.78%

$4.07

$64.05

-21.34%

$81.45

-38.15%

 

 

 

 

 

Natural Gas & Basis

 

 

 

EOXLive Market Data

 

 

 

Contract

6/16/23

6/15/23

% Change

Change

5/18/23

% Change

6/16/22

% Change

 

 

NYMEX Henry Hub

Jul-23

$2.632

$2.533

3.91%

$0.10

$2.71

-3.06%

$5.43

-51.56%

 

 

Houston Ship Channel

Jul-23

-$0.080

-$0.089

-9.15%

$0.01

-$0.18

-54.42%

-$0.20

-60.04%

 

 

Chicago

Jul-23

-$0.165

-$0.175

6.56%

$0.01

-$0.18

-9.06%

-$0.26

-36.59%

 

 

Waha

Jul-23

-$0.584

-$0.622

-6.16%

$0.04

-$1.22

-52.22%

-$2.09

-72.03%

 

 

Algonquin

Jul-23

$1.588

$1.778

-10.65%

-$0.19

$1.97

-19.52%

-$0.28

-676.72%

 

 

Aeco

Jul-23

-$1.105

-$1.016

8.81%

-$0.09

-$1.12

-1.43%

-$1.19

-7.46%

 

 

Socal

Jul-23

$1.498

$1.676

-10.62%

-$0.18

$1.66

-9.97%

$0.57

163.81%

 

 

 

 

 

Natural Gas Liquids

 

 

 

EOXLive Market Data

 

 

 

Contract

6/16/23

6/15/23

% Change

Change

5/18/23

% Change

6/16/22

% Change

 

 

Mt. Belvieu Propane LST

Jul-23

$0.569

$0.557

2.03%

$0.01

$0.64

-10.92%

$1.05

-45.83%

 

 

Mt. Belvieu Propane non LST

Jul-23

$0.568

$0.555

2.26%

$0.01

$0.64

-11.13%

$1.06

-46.33%

 

 

Mt. Belview Ethane

Jul-23

$0.213

$0.204

3.94%

$0.01

$0.20

6.13%

$0.39

-46.05%

 

 

Mt. Belview Nat. Gasoline

Jul-23

$1.327

$1.302

1.93%

$0.03

$1.41

-6.19%

$1.94

-31.71%

 

 

Mt. Belvieu Butane LST

Jul-23

$0.612

$0.600

2.08%

$0.01

$0.72

-15.29%

$1.21

-49.31%

 

 

Conway Propane

Jul-23

$0.559

$0.550

1.61%

$0.01

$0.64

-12.32%

$1.03

-45.97%

 

 

Conway Nat. Gasoline

Jul-23

$1.395

$1.362

2.43%

$0.03

$1.44

-3.26%

$1.93

-27.79%

 

 

 

 

Crude Oil

 

 

 

EOXLive Market Data

 

 

 

Contract

6/16/23

6/15/23

% Change

Change

5/18/23

% Change

6/16/22

% Change

 

 

WTI

Aug-23

$71.93

$70.81

1.56%

$1.12

$71.86

0.10%

$95.10

-24.36%

 

 

Brent

Aug-23

$76.61

$75.67

1.23%

$0.94

$75.80

1.07%

$99.95

-23.35%

 

 

WCS

Aug-23

-$11.81

-$11.82

-0.09%

$0.01

-$12.69

-6.97%

-$17.13

-31.10%

 

 

LLS

Aug-23

$74.07

$73.33

1.00%

$0.74

$73.36

0.97%

$92.49

-19.91%

 

 

Mars

Aug-23

$70.38

$70.43

-0.08%

-$0.05

$69.72

0.95%

$94.55

-25.56%

 

 

Sour

Aug-23

$71.45

$70.65

1.12%

$0.80

$70.64

1.14%

$95.71

-25.35%

 

 

ESPO

Aug-23

$75.27

$73.58

2.24%

$1.69

$74.39

1.18%

$92.02

-18.21%

 

 

 

 

Refined Products

 

 

 

EOXLive Market Data

 

 

 

Contract

6/16/23

6/15/23

% Change

Change

5/18/23

% Change

6/16/22

% Change

 

 

NY Heating Oil

Jul-23

$2.55

$2.48

2.90%

$0.07

$2.38

7.05%

$3.34

-23.62%

 

 

NY Gasoline

Jul-23

$2.65

$2.63

0.91%

$0.02

$2.45

8.19%

$2.83

-6.22%

 

 

GC Gasoline

Jul-23

$2.56

$2.53

0.95%

$0.02

$2.35

8.54%

$2.73

-6.44%

 

 

GC Jet

Jul-23

$2.33

$2.28

2.23%

$0.05

$2.21

5.61%

$3.13

-25.34%

 

 

Chicago Ethanol

Jul-23

$2.49

$2.45

1.68%

$0.04

$2.32

7.24%

$2.52

-1.31%

 

 

Rotterdam Gasoil

Jul-23

$688.61

$668.74

2.97%

$19.88

$645.53

6.67%

$870.00

-20.85%

 

 

Singapore Jet Kero

Jul-23

$92.71

$88.72

4.51%

$4.00

$91.41

1.42%

$121.27

-23.55%

 

 

 

 

Implied Volatilities

 

 

 

EOXLive Market Data

 

 

 

Contract

6/16/23

6/15/23

% Change

Change

5/18/23

% Change

6/16/22

% Change

 

 

Henry Hub Straddle

Aug-23

68.93%

71.73%

-3.90%

-2.80%

59.54%

15.77%

45.14%

52.70%

 

 

Algonquin Straddle

Aug-23

70.96%

74.77%

-5.10%

-3.81%

108.58%

-34.65%

50.40%

40.79%

 

 

Waha Straddle

Aug-23

98.10%

102.07%

-3.89%

-3.97%

88.63%

10.68%

87.65%

11.92%

 

 

Chicago Straddle

Aug-23

69.70%

72.27%

-3.56%

-2.57%

59.66%

16.83%

45.99%

51.55%

 

 

PJM West Straddle

Aug-23

77.08%

72.49%

6.33%

4.59%

79.05%

-2.49%

57.13%

34.92%

 

 

SP – 15 Straddle

Aug-23

152.79%

149.53%

2.18%

3.26%

135.30%

12.93%

80.92%

88.82%

 

 

Mid. C Straddle

Aug-23

236.12%

235.23%

0.38%

0.89%

197.81%

19.37%

97.00%

143.42%

 

 

 

 

Euro Gas and Power/LNG

 

 

EOXLive Market Data

 

 

 

Contract

6/16/23

6/15/23

% Change

Change

5/18/23

% Change

6/16/22

% Change

 

 

Dutch TTF

Aug-23

EUR 33.85

EUR 39.61

-14.53%

-EUR 5.76

EUR 31.55

7.31%

EUR 76.38

-55.68%

 

 

NBP

Aug-23

GBP 84.29

GBP 99.69

-15.45%

-GBP 15.40

GBP 76.29

10.49%

GBP 191.97

-56.09%

 

 

German Base

Aug-23

EUR 110.33

EUR 138.28

-20.21%

-EUR 27.95

EUR 91.80

20.19%

EUR 215.74

-48.86%

 

 

UK Base

Aug-23

GBP 86.80

GBP 103.86

-16.42%

-GBP 17.06

GBP 84.09

3.23%

GBP 200.82

-56.78%

 

 

French Base

Aug-23

EUR 105.01

EUR 145.61

-27.88%

-EUR 40.60

EUR 95.51

9.95%

EUR 197.30

-46.78%

 

 

Italian Base

Aug-23

EUR 120.19

EUR 164.09

-26.75%

-EUR 43.90

EUR 110.57

8.71%

EUR 186.72

-35.63%

 

 

JKM LNG

Aug-23

$8.11

$10.78

-24.76%

-$2.67

$9.83

-17.47%

$21.55

-62.36%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

06/17/2023

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

10

-2

-7

27

0

-40

NA

NA

 

 

Middle Atlantic

13

-12

-23

43

-29

-68

NA

NA

 

 

E N Central

5

-28

-64

73

-48

-104

-40.00%

-59.00%

 

 

W N Central

27

-16

-55

188

24

-26

15.00%

-12.00%

 

 

South Atlantic

66

-7

-36

555

32

-120

6.00%

-18.00%

 

 

E S Central

56

-12

-51

345

4

-117

1.00%

-25.00%

 

 

W S Central

112

12

-29

719

68

-180

10.00%

-20.00%

 

 

Mountain

27

-25

-41

174

-81

-121

-32.00%

-41.00%

 

 

Pacific

7

-15

-17

32

-70

-46

-69.00%

-59.00%

 

 

United States

36

-12

-36

253

-13

-95

-5.00%

-27.00%

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06/17/2023

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

11

-5

3

5,748

-850

-203

-13.00%

-3.00%

 

 

Middle Atlantic

8

-1

6

5,091

-815

-125

-14.00%

-2.00%

 

 

E N Central

31

19

28

5,851

-638

-63

-10.00%

-1.00%

 

 

W N Central

14

3

13

6,535

-204

163

-3.00%

3.00%

 

 

South Atlantic

1

0

1

2,435

-417

21

-15.00%

1.00%

 

 

E S Central

3

2

3

3,102

-502

-33

-14.00%

-1.00%

 

 

W S Central

0

0

0

2,100

-187

155

-8.00%

8.00%

 

 

Mountain

26

6

14

5,504

318

738

6.00%

15.00%

 

 

Pacific

15

-3

-3

3,621

416

602

13.00%

20.00%

 

 

United States

12

3

7

4,196

-320

133

-7.00%

3.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gas * Power * NGL * Crude * Products * Vol Charts

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

Tropical Outlook

 

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