Prices as of 8:30 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$2.641

$2.603

1.46%

$0.038

32,734

 

 

WTI

$69.59

$69.56

0.04%

$0.03

98,105

 

 

Brent

$74.09

$74.03

0.08%

$0.06

1,354

 

 

ULSD

$2.418

$2.407

0.47%

$0.011

617

 

 

RBOB

$2.589

$2.603

-0.56%

-$0.014

1,098

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.47

$4.47

0.00%

$0.00

Aug-23

 

 

3:2:1 Crack

$33.39

$33.89

-1.48%

-$0.50

Aug-23

 

 

PJM West Spark

NA

NA

NA

NA

Jul-23

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

06/23/23

682

-5

-71

06/24/22

 

 

Canada

06/23/23

169

10

15

06/24/22

 

 

International

May

965

18

148

May

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 6/20/2023

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

113,527

113,003

112,920

83

 

 

PJM West Off Peak

93,473

92,829

92,867

-38

 

 

Natural Gas Henry Hub

447,282

419,217

435,040

-15,823

 

 

WTI – Light Sweet Crude Futures

267,077

201,628

195,684

5,944

 

 

Brent Crude Last Day

148,800

138,158

140,165

-2,007

 

 

NYM Ethanol

38,482

38,137

38,037

100

 

 

Mt Belvieu LDH Propane Swap

167,816

166,828

167,332

-504

 

 

RBOB

338,754

317,730

324,035

-6,305

 

 

HSC Basis

574,208

568,463

562,446

6,017

 

 

 

 

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

 

 

 

 

06/22/18

 

 

 

6/16/23

6/9/23

Net Change

% Change

6/17/22

% Change

5 Year Avg.

% Change

 

 

East

599

574

25

4.36%

430

39.30%

493

21.45%

 

 

Midwest

658

632

26

4.11%

506

30.04%

556

18.35%

 

 

Mountain

157

148

9

6.08%

128

22.66%

144

8.73%

 

 

Pacific

191

176

15

8.52%

231

-17.32%

253

-24.51%

 

 

South

1,125

1,105

20

1.81%

875

28.57%

961

17.04%

 

 

    Salt

330

324

6

1.85%

248

33.06%

286

15.38%

 

 

    Non_Salt

794

781

13

1.66%

628

26.43%

676

17.53%

 

 

Total

2,729

2,634

95

3.61%

2,169

25.82%

2,408

13.35%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

EOXLive Market Data

 

 

 

Contract

6/28/23

6/27/23

% Change

Change

5/30/23

% Change

6/28/22

% Change

 

 

PJM West On Peak

Jul-23

$48.06

$51.17

-6.07%

-$3.11

$52.95

-9.24%

$85.55

-43.82%

 

 

ERCOT North On Peak

Jul-23

$121.54

$120.99

0.45%

$0.55

$65.86

84.53%

$74.22

63.76%

 

 

CAISO SP 15 On Peak

Jul-23

$80.71

$78.49

2.82%

$2.21

$87.75

-8.03%

$110.70

-27.09%

 

 

MISO Indiana On Peak

Jul-23

$54.06

$57.51

-6.01%

-$3.46

$59.33

-8.88%

$88.85

-39.16%

 

 

NEISO Mass On Peak

Jul-23

$62.22

$65.07

-4.38%

-$2.85

$68.44

-9.09%

$67.08

-7.24%

 

 

WECC Mid C On Peak

Jul-23

$144.31

$133.93

7.75%

$10.38

$150.25

-3.95%

$140.72

2.55%

 

 

NYISO Zone G On Peak

Jul-23

$49.52

$53.32

-7.13%

-$3.80

$53.93

-8.17%

$68.01

-27.18%

 

 

 

 

 

Natural Gas & Basis

 

 

 

EOXLive Market Data

 

 

 

Contract

6/28/23

6/27/23

% Change

Change

5/30/23

% Change

6/28/22

% Change

 

 

NYMEX Henry Hub

Aug-23

$2.668

$2.789

-4.34%

-$0.12

$2.42

10.43%

$4.72

-43.46%

 

 

Houston Ship Channel

Aug-23

-$0.081

-$0.056

43.85%

-$0.02

-$0.13

-35.70%

-$0.15

-46.87%

 

 

Chicago

Aug-23

-$0.228

-$0.212

-7.03%

-$0.02

-$0.18

23.37%

-$0.21

10.06%

 

 

Waha

Aug-23

-$0.374

-$0.418

-10.45%

$0.04

-$0.84

-55.56%

-$2.08

-82.02%

 

 

Algonquin

Aug-23

-$0.168

-$0.158

-5.81%

-$0.01

$0.19

-185.99%

-$0.61

-72.52%

 

 

Aeco

Aug-23

-$0.921

-$0.948

-2.79%

$0.03

-$0.98

-6.12%

-$1.17

-20.96%

 

 

Socal

Aug-23

$1.705

$1.919

-11.17%

-$0.21

$2.23

-23.68%

$0.66

156.58%

 

 

 

 

 

Natural Gas Liquids

 

 

 

EOXLive Market Data

 

 

 

Contract

6/28/23

6/27/23

% Change

Change

5/30/23

% Change

6/28/22

% Change

 

 

Mt. Belvieu Propane LST

Jul-23

$0.553

$0.546

1.18%

$0.01

$0.58

-5.22%

$1.01

-45.03%

 

 

Mt. Belvieu Propane non LST

Jul-23

$0.545

$0.537

1.41%

$0.01

$0.59

-7.56%

$1.01

-46.17%

 

 

Mt. Belview Ethane

Jul-23

$0.237

$0.235

1.06%

$0.00

$0.19

22.37%

$0.36

-33.81%

 

 

Mt. Belview Nat. Gasoline

Jul-23

$1.218

$1.205

1.03%

$0.01

$1.37

-11.43%

$1.89

-35.62%

 

 

Mt. Belvieu Butane LST

Jul-23

$0.589

$0.586

0.57%

$0.00

$0.67

-12.27%

$1.18

-49.93%

 

 

Conway Propane

Jul-23

$0.528

$0.527

0.09%

$0.00

$0.58

-8.91%

$0.99

-46.94%

 

 

Conway Nat. Gasoline

Jul-23

$1.391

$1.373

1.35%

$0.02

$1.40

-0.93%

$1.87

-25.70%

 

 

 

 

Crude Oil

 

 

 

EOXLive Market Data

 

 

 

Contract

6/28/23

6/27/23

% Change

Change

5/30/23

% Change

6/28/22

% Change

 

 

WTI

Aug-23

$69.56

$67.70

2.67%

$1.86

$69.60

-0.06%

$90.98

-23.54%

 

 

Brent

Aug-23

$74.03

$72.26

2.39%

$1.77

$73.71

0.43%

$96.35

-23.17%

 

 

WCS

Aug-23

-$10.27

-$11.47

-11.67%

$1.20

-$13.22

-22.28%

-$15.02

-31.62%

 

 

LLS

Aug-23

$71.82

$70.86

1.34%

$0.96

$72.25

-0.60%

$92.62

-22.46%

 

 

Mars

Aug-23

$69.88

$68.25

2.34%

$1.64

$68.64

1.82%

$87.97

-20.56%

 

 

Sour

Aug-23

$69.89

$68.40

2.13%

$1.49

$68.43

2.14%

$88.95

-21.42%

 

 

ESPO

Aug-23

$72.03

$70.26

2.46%

$1.77

$73.12

-1.49%

$92.53

-22.15%

 

 

 

 

Refined Products

 

 

 

EOXLive Market Data

 

 

 

Contract

6/28/23

6/27/23

% Change

Change

5/30/23

% Change

6/28/22

% Change

 

 

NY Heating Oil

Jul-23

$2.41

$2.40

0.33%

$0.01

$2.27

6.08%

$3.20

-24.83%

 

 

NY Gasoline

Jul-23

$2.49

$2.51

-0.72%

-$0.02

$2.49

0.00%

$2.74

-9.05%

 

 

GC Gasoline

Jul-23

$2.39

$2.41

-0.75%

-$0.02

$2.39

0.00%

$2.64

-9.40%

 

 

GC Jet

Jul-23

$2.29

$2.20

3.86%

$0.09

$2.11

8.54%

$2.95

-22.50%

 

 

Chicago Ethanol

Jul-23

$2.43

$2.53

-3.80%

-$0.10

$2.40

1.54%

$2.39

1.97%

 

 

Rotterdam Gasoil

Jul-23

$656.32

$661.12

-0.73%

-$4.81

$621.98

5.52%

$967.83

-32.19%

 

 

Singapore Jet Kero

Jul-23

$89.70

$91.26

-1.70%

-$1.55

$86.44

3.77%

$117.83

-23.87%

 

 

 

 

Implied Volatilities

 

 

 

EOXLive Market Data

 

 

 

Contract

6/28/23

6/27/23

% Change

Change

5/30/23

% Change

6/28/22

% Change

 

 

Henry Hub Straddle

Aug-23

68.82%

70.18%

-1.94%

-1.36%

69.21%

-0.56%

43.81%

57.09%

 

 

Algonquin Straddle

Aug-23

73.30%

71.82%

2.06%

1.48%

104.03%

-29.54%

54.80%

33.76%

 

 

Waha Straddle

Aug-23

94.89%

94.23%

0.70%

0.66%

89.60%

5.90%

123.51%

-23.17%

 

 

Chicago Straddle

Aug-23

73.50%

69.27%

6.11%

4.23%

69.36%

5.97%

46.63%

57.62%

 

 

PJM West Straddle

Aug-23

76.06%

74.00%

2.78%

2.06%

76.85%

-1.03%

61.04%

24.61%

 

 

SP – 15 Straddle

Aug-23

305.88%

174.79%

75.00%

131.09%

167.55%

82.56%

75.48%

305.25%

 

 

Mid. C Straddle

Aug-23

248.77%

263.85%

-5.72%

-15.08%

210.21%

18.34%

92.66%

168.48%

 

 

 

 

Euro Gas and Power/LNG

 

 

EOXLive Market Data

 

 

 

Contract

6/28/23

6/27/23

% Change

Change

5/30/23

% Change

6/28/22

% Change

 

 

Dutch TTF

Aug-23

EUR 34.08

EUR 35.23

-3.27%

-EUR 1.15

EUR 26.90

26.71%

EUR 85.75

-60.26%

 

 

NBP

Aug-23

GBP 84.28

GBP 87.09

-3.23%

-GBP 2.81

GBP 65.25

29.17%

GBP 192.34

-56.18%

 

 

German Base

Aug-23

EUR 100.10

EUR 98.08

2.06%

EUR 2.02

EUR 81.42

22.95%

EUR 232.70

-56.98%

 

 

UK Base

Aug-23

GBP 87.67

GBP 85.33

2.74%

GBP 2.34

GBP 73.96

18.53%

GBP 174.68

-49.82%

 

 

French Base

Aug-23

EUR 94.11

EUR 94.78

-0.71%

-EUR 0.67

EUR 77.37

21.63%

EUR 200.64

-53.09%

 

 

Italian Base

Aug-23

EUR 112.70

EUR 113.34

-0.57%

-EUR 0.65

EUR 97.80

15.23%

EUR 221.90

-49.21%

 

 

JKM LNG

Aug-23

$10.77

$11.44

-5.84%

-$0.67

$9.19

17.23%

$24.00

-55.12%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

06/24/2023

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

7

-12

4

34

-13

-36

NA

NA

 

 

Middle Atlantic

18

-15

8

61

-44

-61

-42.00%

-50.00%

 

 

E N Central

42

3

-9

115

-45

-113

-28.00%

-49.00%

 

 

W N Central

64

12

-20

252

37

-46

17.00%

-15.00%

 

 

South Atlantic

65

-16

-14

619

15

-134

2.00%

-18.00%

 

 

E S Central

61

-15

-28

406

-11

-145

-3.00%

-26.00%

 

 

W S Central

131

23

-5

850

91

-185

12.00%

-18.00%

 

 

Mountain

43

-18

-10

218

-97

-131

-31.00%

-37.00%

 

 

Pacific

3

-24

-31

35

-94

-77

-73.00%

-69.00%

 

 

United States

48

-8

-12

301

-21

-107

-7.00%

-26.00%

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06/24/2023

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

17

8

-10

5,765

-842

-212

-13.00%

-4.00%

 

 

Middle Atlantic

5

1

-4

5,096

-814

-129

-14.00%

-2.00%

 

 

E N Central

4

-2

-3

5,855

-640

-66

-10.00%

-1.00%

 

 

W N Central

1

-6

1

6,536

-210

163

-3.00%

3.00%

 

 

South Atlantic

1

0

0

2,436

-417

22

-15.00%

1.00%

 

 

E S Central

0

0

0

3,102

-502

-33

-14.00%

-1.00%

 

 

W S Central

0

0

0

2,100

-187

155

-8.00%

8.00%

 

 

Mountain

14

0

5

5,519

319

743

6.00%

16.00%

 

 

Pacific

27

13

14

3,648

429

615

13.00%

20.00%

 

 

United States

8

3

1

4,204

-317

134

-7.00%

3.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

Tropical Outlook

 

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