Prices as of 7:49 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$2.728

$2.685

1.60%

$0.043

23,778

 

 

WTI

$82.11

$81.74

0.45%

$0.37

64,919

 

 

Brent

$86.86

$86.39

0.54%

$0.47

157

 

 

ULSD

$2.556

$2.548

0.32%

$0.008

150

 

 

RBOB

$2.557

$2.546

0.43%

$0.011

327

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.77

$4.65

2.58%

$0.12

Aug-24

 

 

3:2:1 Crack

$25.08

$24.89

0.77%

$0.19

Aug-24

 

 

PJM West Spark

NA

NA

NA

NA

Jul-24

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

06/21/24

588

-2

-94

06/24/23

 

 

Canada

06/21/24

166

6

-3

06/24/23

 

 

International

May

953

-25

-12

May

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 6/11/2024

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

95,968

95,404

95,399

5

 

 

PJM West Off Peak

82,859

82,276

82,137

139

 

 

Natural Gas Henry Hub

361,919

345,051

348,629

-3,578

 

 

WTI – Light Sweet Crude Futures

147,285

130,433

123,411

7,022

 

 

Brent Crude Last Day

123,761

113,901

115,041

-1,140

 

 

NYM Ethanol

32,238

31,295

31,779

-484

 

 

Mt Belvieu LDH Propane Swap

147,478

146,363

147,007

-644

 

 

RBOB

399,961

376,364

379,360

-2,996

 

 

HSC Basis

805,785

797,663

799,375

-1,712

 

 

 

 

EIA Short Term Energy Outlook

 

 

 

 

 

 

 

2022

2023

2024projected

2025projected

 

 

Brent

$101.00

$82.00

$88.00

$85.00

 

 

Gasoline

$4.00

$3.50

$3.50

$3.50

 

 

Crude Oil Production

11.90

12.90

13.20

13.70

 

 

Natural Gas Spot

$6.40

$2.50

$2.20

$3.10

 

 

LNG Exports

11.00

12.00

12.00

14.00

 

 

 

 

 

 

 

 

 

 

Electrical Generation %

2022

2023

2024projected

2025projected

 

 

Natural gas

39.00%

42.00%

42.00%

41.00%

 

 

Coal

20.00%

17.00%

16.00%

14.00%

 

 

Renewables

21.00%

21.00%

23.00%

25.00%

 

 

Nuclear

19.00%

19.00%

19.00%

19.00%

 

 

 

 

 

 

 

 

 

 

 

Short Term Energy Outlook

 

Natural Gas Storage

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

EIA Lower 48 Natural Gas Storage

 

 

 

 

06/21/19

 

 

 

6/21/24

6/14/24

Net Change

% Change

6/23/23

% Change

5 Year Avg.

% Change

 

 

East

646

631

15

2.38%

623

3.69%

547

18.10%

 

 

Midwest

753

736

17

2.31%

685

9.93%

624

20.63%

 

 

Mountain

237

230

7

3.04%

165

43.64%

154

53.50%

 

 

Pacific

283

279

4

1.43%

204

38.73%

246

14.85%

 

 

South

1,179

1,168

11

0.94%

1,128

4.52%

1,027

14.82%

 

 

    Salt

334

337

-3

-0.89%

330

1.21%

300

11.41%

 

 

    Non_Salt

845

831

14

1.68%

798

5.89%

727

16.23%

 

 

Total

3,097

3,045

52

1.71%

2,805

10.41%

2,598

19.19%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

6/27/24

6/26/24

% Change

Change

5/29/24

% Change

6/28/23

% Change

 

 

PJM West On Peak

Jul-24

$64.96

$64.33

0.98%

$0.63

$66.42

-2.20%

$61.10

6.31%

 

 

ERCOT North On Peak

Jul-24

$96.91

$101.37

-4.40%

-$4.46

$121.13

-20.00%

$84.37

14.86%

 

 

CAISO SP 15 On Peak

Jul-24

$67.13

$58.44

14.88%

$8.70

$56.26

19.33%

$107.88

-37.77%

 

 

MISO Indiana On Peak

Jul-24

$62.32

$61.77

0.88%

$0.54

$66.27

-5.96%

$68.97

-9.64%

 

 

NEISO Mass On Peak

Jul-24

$64.42

$63.61

1.27%

$0.81

$58.83

9.50%

$69.01

-6.66%

 

 

WECC Mid C On Peak

Jul-24

$99.00

$78.74

25.73%

$20.26

$90.76

9.07%

$156.40

-36.70%

 

 

NYISO Zone G On Peak

Jul-24

$60.40

$60.60

-0.34%

-$0.21

$61.78

-2.25%

$65.13

-7.27%

 

 

 

 

 

Natural Gas & Basis

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

6/27/24

6/26/24

% Change

Change

5/29/24

% Change

6/28/23

% Change

 

 

NYMEX Henry Hub

Aug-24

$2.685

$2.745

-2.19%

-$0.06

$2.71

-1.10%

$3.36

-20.04%

 

 

Houston Ship Channel

Aug-24

-$0.319

-$0.289

10.57%

-$0.03

-$0.26

21.47%

-$0.19

65.42%

 

 

Chicago

Aug-24

-$0.388

-$0.376

-3.12%

-$0.01

-$0.48

-18.58%

-$0.19

103.68%

 

 

Waha

Aug-24

-$1.402

-$1.309

-7.13%

-$0.09

-$1.16

20.87%

-$0.27

423.37%

 

 

Algonquin

Aug-24

-$0.379

-$0.351

-7.97%

-$0.03

-$0.22

70.04%

-$0.03

1008.77%

 

 

Aeco

Aug-24

-$2.132

-$2.153

-0.98%

$0.02

-$1.83

16.51%

-$1.35

57.82%

 

 

Socal

Aug-24

$0.543

$0.378

43.78%

$0.17

$0.56

-3.35%

$1.65

-66.98%

 

 

 

 

 

Natural Gas Liquids

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

6/27/24

6/26/24

% Change

Change

5/29/24

% Change

6/28/23

% Change

 

 

Mt. Belvieu Propane LST

Jul-24

$0.836

$0.816

2.44%

$0.02

$0.74

13.41%

$0.60

39.64%

 

 

Mt. Belvieu Propane non LST

Jul-24

$0.850

$0.815

4.29%

$0.04

$0.74

15.27%

$0.59

43.75%

 

 

Mt. Belview Ethane

Jul-24

$0.168

$0.170

-0.72%

$0.00

$0.20

-15.83%

$0.24

-28.92%

 

 

Mt. Belview Nat. Gasoline

Jul-24

$1.568

$1.550

1.13%

$0.02

$1.53

2.41%

$1.28

22.30%

 

 

Mt. Belvieu Butane LST

Jul-24

$0.889

$0.885

0.39%

$0.00

$0.85

5.18%

$0.67

32.71%

 

 

Far East Propane

Jul-24

$6.365

$6.310

0.87%

$0.06

$6.12

4.01%

$4.57

39.30%

 

 

Saudi Propane

Jul-24

$5.870

$5.859

0.18%

$0.01

$5.60

4.82%

$4.23

38.71%

 

 

 

 

Crude Oil

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

6/27/24

6/26/24

% Change

Change

5/29/24

% Change

6/28/23

% Change

 

 

WTI

Aug-24

$81.74

$80.90

1.03%

$0.84

$78.80

3.73%

$67.96

20.28%

 

 

Brent

Aug-24

$86.39

$85.25

1.32%

$1.14

$83.43

3.55%

$72.52

19.13%

 

 

WCS

Aug-24

-$13.30

-$13.30

0.02%

$0.00

-$10.90

22.03%

-$12.13

9.68%

 

 

LLS

Aug-24

$82.53

$82.40

0.16%

$0.13

$81.21

1.62%

$70.38

17.27%

 

 

Mars

Aug-24

$80.58

$80.40

0.23%

$0.18

$79.21

1.73%

$65.10

23.78%

 

 

Sour

Aug-24

$80.90

$80.82

0.10%

$0.08

$79.38

1.92%

$66.41

21.82%

 

 

ESPO

Aug-24

$84.39

$83.25

1.35%

$1.14

$81.43

3.64%

$70.52

19.67%

 

 

 

 

Refined Products

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

6/27/24

6/26/24

% Change

Change

5/29/24

% Change

6/28/23

% Change

 

 

NY Heating Oil

Jul-24

$2.56

$2.54

0.87%

$0.02

$2.45

4.49%

$2.30

11.35%

 

 

NY Gasoline

Jul-24

$2.57

$2.51

2.39%

$0.06

$2.48

3.63%

$2.17

18.74%

 

 

GC Gasoline

Jul-24

$2.47

$2.41

2.49%

$0.06

$2.38

3.78%

$2.07

19.65%

 

 

GC Jet

Jul-24

$2.48

$2.48

-0.16%

$0.00

$2.40

3.20%

$2.09

18.55%

 

 

Chicago Ethanol

Jul-24

$1.98

$2.09

-5.44%

-$0.11

$1.84

7.90%

$1.76

12.37%

 

 

Rotterdam Gasoil

Jul-24

$745.00

$738.25

0.91%

$6.74

$713.98

4.34%

$624.94

19.21%

 

 

Singapore Jet Kero

Jul-24

$100.52

$99.89

0.63%

$0.63

$98.21

2.35%

$88.22

13.95%

 

 

 

 

Implied Volatilities

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

6/27/24

6/26/24

% Change

Change

5/29/24

% Change

6/28/23

% Change

 

 

Henry Hub Straddle

Aug-24

54.86%

52.04%

5.42%

2.82%

60.50%

-9.32%

45.83%

19.70%

 

 

Algonquin Straddle

Aug-24

69.18%

66.45%

4.11%

2.73%

64.97%

6.48%

45.79%

51.08%

 

 

Waha Straddle

Aug-24

109.19%

104.47%

4.52%

4.72%

87.61%

24.63%

49.57%

120.27%

 

 

Chicago Straddle

Aug-24

68.36%

63.96%

6.88%

4.40%

66.46%

2.86%

46.53%

46.92%

 

 

PJM West Straddle

Aug-24

95.48%

90.30%

5.74%

5.18%

85.60%

11.54%

45.20%

111.24%

 

 

SP – 15 Straddle

Aug-24

132.75%

124.36%

6.75%

8.39%

74.70%

77.71%

86.27%

53.88%

 

 

Mid. C Straddle

Aug-24

334.24%

326.41%

2.40%

7.83%

382.53%

-12.62%

187.41%

78.35%

 

 

 

 

Euro Gas and Power/LNG

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

6/27/24

6/26/24

% Change

Change

5/29/24

% Change

6/28/23

% Change

 

 

Dutch TTF

Aug-24

EUR 34.55

EUR 34.40

0.44%

EUR 0.15

EUR 34.47

0.22%

EUR 48.64

-28.97%

 

 

NBP

Aug-24

GBP 81.53

GBP 83.94

-2.87%

-GBP 2.41

GBP 82.94

-1.70%

GBP 119.96

-32.04%

 

 

German Base

Aug-24

EUR 75.62

EUR 74.65

1.31%

EUR 0.97

EUR 82.99

-8.87%

EUR 127.06

-40.48%

 

 

UK Base

Aug-24

GBP 72.85

GBP 74.63

-2.38%

-GBP 1.77

GBP 74.49

-2.19%

GBP 106.66

-31.70%

 

 

French Base

Aug-24

EUR 47.02

EUR 48.29

-2.63%

-EUR 1.27

EUR 52.12

-9.79%

EUR 115.26

-59.21%

 

 

Italian Base

Aug-24

EUR 103.46

EUR 105.31

-1.76%

-EUR 1.85

EUR 105.26

-1.72%

EUR 133.33

-22.41%

 

 

JKM LNG

Aug-24

$12.36

$12.85

-3.77%

-$0.48

$11.82

4.59%

$16.17

-23.54%

 

 

 

 

Freight Forwards (WET & DRY)

 

OTCGH/EOXLive Market Data

 

 

 

Contract

6/27/24

6/26/24

% Change

Change

5/29/24

% Change

6/28/23

% Change

 

 

TD3C FFA Middle East to China (WET)

Aug-24

$34.55

$34.40

0.44%

$0.15

$34.47

0.22%

$48.64

-28.97%

 

 

USGC-UK Continent Dirty (WET)

Aug-24

$81.53

$83.94

-2.87%

-$2.41

$82.94

-1.70%

$119.96

-32.04%

 

 

TD20 West Africa to UK Continent (WET)

Aug-24

$75.62

$74.65

1.31%

$0.97

$82.99

-8.87%

$127.06

-40.48%

 

 

LPG FFA Middle East Gulf to East (WET)

Aug-24

$72.85

$74.63

-2.38%

-$1.77

$74.49

-2.19%

$106.66

-31.70%

 

 

TC5 FFA Arabian Gulf to Japan (WET)

Aug-24

$47.02

$48.29

-2.63%

-$1.27

$52.12

-9.79%

$115.26

-59.21%

 

 

Supramax Timecharter (DRY)

Aug-24

$103.46

$105.31

-1.76%

-$1.85

$105.26

-1.72%

$133.33

-22.41%

 

 

Capesize Timecharter (DRY)

Aug-24

$12.36

$12.85

-3.77%

-$0.48

$11.82

4.59%

$16.17

-23.54%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

06/22/2024

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

49

32

46

88

47

58

NA

NA

 

 

Middle Atlantic

64

33

52

138

43

83

NA

NA

 

 

E N Central

87

49

59

182

34

76

23.00%

72.00%

 

 

W N Central

69

20

14

221

21

-21

11.00%

-9.00%

 

 

South Atlantic

97

18

33

663

82

55

14.00%

9.00%

 

 

E S Central

101

27

39

511

116

116

29.00%

29.00%

 

 

W S Central

115

9

-15

896

167

65

23.00%

8.00%

 

 

Mountain

56

-2

15

283

-14

71

-5.00%

33.00%

 

 

Pacific

19

-6

11

65

-55

30

-46.00%

86.00%

 

 

United States

74

20

30

352

46

59

15.00%

21.00%

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06/22/2024

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

6

-5

-14

5,772

-867

-6

-13.00%

0.00%

 

 

Middle Atlantic

1

-4

-6

5,173

-768

17

-13.00%

0.00%

 

 

E N Central

0

-7

-10

5,393

-1,134

-470

-17.00%

-8.00%

 

 

W N Central

4

-4

1

5,660

-1,118

-876

-16.00%

-13.00%

 

 

South Atlantic

0

-1

-1

2,458

-410

-9

-14.00%

0.00%

 

 

E S Central

0

0

0

3,082

-541

-20

-15.00%

-1.00%

 

 

W S Central

0

0

0

2,059

-240

-43

-10.00%

-2.00%

 

 

Mountain

15

0

-4

4,913

-307

-595

-6.00%

-11.00%

 

 

Pacific

9

-6

-15

3,118

-112

-514

-3.00%

-14.00%

 

 

United States

3

-3

-6

3,957

-586

-260

-13.00%

-6.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

Tropical Outlook

 

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