Prices as of 8:39 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$1.943

$1.835

5.89%

$0.108

67,772

 

 

WTI

$80.09

$79.97

0.15%

$0.12

105,898

 

 

Brent

$83.79

$83.56

0.28%

$0.23

9,276

 

 

ULSD

$2.676

$2.704

-1.05%

-$0.028

11,015

 

 

RBOB

$2.603

$2.614

-0.42%

-$0.011

6,696

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.53

$4.46

1.57%

$0.07

May-24

 

 

3:2:1 Crack

$30.08

$30.82

-2.38%

-$0.73

Apr-24

 

 

PJM West Spark

$28.23

$27.56

2.44%

$0.67

Apr-24

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

03/01/24

629

3

-120

03/04/23

 

 

Canada

03/01/24

231

0

-15

03/04/23

 

 

International

Feb

958

-7

43

Feb

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 2/20/2024

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

96,189

95,769

95,880

-111

 

 

PJM West Off Peak

82,797

82,482

82,646

-164

 

 

Natural Gas Henry Hub

391,941

369,385

379,693

-10,308

 

 

WTI – Light Sweet Crude Futures

145,874

122,677

108,540

14,137

 

 

Brent Crude Last Day

116,848

109,544

108,904

640

 

 

NYM Ethanol

52,454

51,704

52,046

-342

 

 

Mt Belvieu LDH Propane Swap

162,467

161,545

162,247

-702

 

 

RBOB

391,100

366,555

376,101

-9,546

 

 

HSC Basis

788,024

779,794

782,203

-2,409

 

 

 

 

EIA Short Term Energy Outlook

 

 

 

 

 

 

 

2021

2022

2023projected

2024projected

 

 

Brent

$70.89

$100.94

$84.09

$94.91

 

 

Gasoline

$3.02

$3.97

$3.62

$3.69

 

 

Crude Oil Production

11.27

11.91

12.92

13.12

 

 

Natural Gas Spot

$3.91

$6.42

$2.61

$3.23

 

 

LNG Exports

9.76

10.59

11.62

13.15

 

 

 

 

 

 

 

 

 

 

Electrical Generation %

2021

2022

2023projected

2024projected

 

 

Natural gas

37.00%

39.00%

42.00%

41.00%

 

 

Coal

23.00%

20.00%

16.00%

15.00%

 

 

Renewables

20.00%

22.00%

22.00%

25.00%

 

 

Nuclear

20.00%

19.00%

19.00%

20.00%

 

 

 

 

 

 

 

 

 

 

 

Short Term Energy Outlook

 

Natural Gas Storage

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

EIA Lower 48 Natural Gas Storage

 

 

 

 

03/01/19

 

 

 

2/23/24

2/16/24

Net Change

% Change

2/24/23

% Change

5 Year Avg.

% Change

 

 

East

453

505

-52

-10.30%

451

0.44%

391

15.92%

 

 

Midwest

600

631

-31

-4.91%

544

10.29%

462

29.93%

 

 

Mountain

169

173

-4

-2.31%

99

70.71%

97

73.87%

 

 

Pacific

217

217

0

0.00%

99

119.19%

156

38.75%

 

 

South

935

944

-9

-0.95%

922

1.41%

711

31.58%

 

 

    Salt

275

278

-3

-1.08%

261

5.36%

198

38.61%

 

 

    Non_Salt

660

666

-6

-0.90%

661

-0.15%

512

28.86%

 

 

Total

2,374

2,470

-96

-3.89%

2,114

12.30%

1,817

30.68%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/1/24

2/29/24

% Change

Change

2/1/24

% Change

3/3/23

% Change

 

 

PJM West On Peak

Apr-24

$32.39

$31.48

2.88%

$0.91

$36.31

-10.80%

$44.69

-27.52%

 

 

ERCOT North On Peak

Apr-24

$33.83

$31.78

6.43%

$2.04

$33.83

0.00%

$38.86

-12.94%

 

 

CAISO SP 15 On Peak

Apr-24

$22.67

$21.71

4.41%

$0.96

$30.45

-25.55%

$35.72

-36.52%

 

 

MISO Indiana On Peak

Apr-24

$34.07

$32.93

3.47%

$1.14

$37.59

-9.37%

$47.93

-28.92%

 

 

NEISO Mass On Peak

Apr-24

$29.57

$29.35

0.73%

$0.21

$36.87

-19.82%

$52.35

-43.52%

 

 

WECC Mid C On Peak

Apr-24

$37.00

$41.21

-10.22%

-$4.21

$62.22

-40.53%

$54.86

-32.56%

 

 

NYISO Zone G On Peak

Apr-24

$28.41

$27.42

3.63%

$0.99

$35.03

-18.90%

$43.97

-35.38%

 

 

 

 

 

Natural Gas & Basis

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/1/24

2/29/24

% Change

Change

2/1/24

% Change

3/3/23

% Change

 

 

NYMEX Henry Hub

Apr-24

$1.835

$1.860

-1.34%

-$0.02

$2.06

-11.09%

$3.56

-48.50%

 

 

Houston Ship Channel

Apr-24

-$0.274

-$0.294

-6.79%

$0.02

-$0.24

14.52%

-$0.40

-32.10%

 

 

Chicago

Apr-24

-$0.128

-$0.127

-0.24%

$0.00

-$0.07

70.82%

-$0.07

80.23%

 

 

Waha

Apr-24

-$1.196

-$1.182

-1.18%

-$0.01

-$1.10

8.96%

-$1.43

-16.17%

 

 

Algonquin

Apr-24

-$0.034

-$0.047

28.87%

$0.01

$0.36

-109.40%

$1.09

-103.08%

 

 

Aeco

Apr-24

-$0.518

-$0.554

-6.39%

$0.04

-$0.75

-30.63%

-$0.97

-46.27%

 

 

Socal

Apr-24

$0.094

$0.120

-21.12%

-$0.03

$0.13

-29.05%

$0.12

-20.39%

 

 

 

 

 

Natural Gas Liquids

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/1/24

2/29/24

% Change

Change

2/1/24

% Change

3/3/23

% Change

 

 

Mt. Belvieu Propane LST

Apr-24

$0.828

$0.830

-0.27%

$0.00

$0.83

-0.59%

$0.82

0.32%

 

 

Mt. Belvieu Propane non LST

Apr-24

$0.819

$0.827

-0.96%

-$0.01

$0.84

-2.84%

$0.82

-0.17%

 

 

Mt. Belview Ethane

Apr-24

$0.194

$0.198

-1.89%

$0.00

$0.20

-4.90%

$0.24

-20.63%

 

 

Mt. Belview Nat. Gasoline

Apr-24

$1.602

$1.575

1.72%

$0.03

$1.48

8.50%

$1.57

1.76%

 

 

Mt. Belvieu Butane LST

Apr-24

$0.974

$0.949

2.60%

$0.02

$0.93

4.32%

$0.91

7.36%

 

 

Far East Propane

Apr-24

$5.992

$5.910

1.39%

$0.08

$5.81

3.21%

$5.74

4.38%

 

 

Saudi Propane

Apr-24

$5.926

$5.944

-0.29%

-$0.02

$5.63

5.22%

$5.56

6.55%

 

 

 

 

Crude Oil

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/1/24

2/29/24

% Change

Change

2/1/24

% Change

3/3/23

% Change

 

 

WTI

Apr-24

$79.97

$78.26

2.14%

$1.71

$73.79

8.38%

$75.42

6.03%

 

 

Brent

Apr-24

$83.98

$82.27

2.03%

$1.70

$78.70

6.70%

$80.49

4.33%

 

 

WCS

Apr-24

-$17.83

-$18.31

-2.71%

$0.48

-$16.70

6.79%

-$15.80

12.82%

 

 

LLS

Apr-24

$80.86

$79.77

1.35%

$1.10

$76.26

6.04%

$76.86

5.20%

 

 

Mars

Apr-24

$78.18

$76.78

1.79%

$1.40

$73.90

5.79%

$72.86

7.30%

 

 

Sour

Apr-24

$80.15

$78.22

2.41%

$1.93

$74.14

8.10%

$69.84

14.76%

 

 

ESPO

Apr-24

$81.98

$80.27

2.08%

$1.70

$76.70

6.88%

$74.47

10.08%

 

 

 

 

Refined Products

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/1/24

2/29/24

% Change

Change

2/1/24

% Change

3/3/23

% Change

 

 

NY Heating Oil

Apr-24

$2.70

$2.65

2.00%

$0.05

$2.67

1.16%

$2.66

1.54%

 

 

NY Gasoline

Apr-24

$2.60

$2.58

0.89%

$0.02

$2.48

4.88%

$2.47

5.27%

 

 

GC Gasoline

Apr-24

$2.50

$2.47

0.93%

$0.02

$2.38

5.09%

$2.37

5.49%

 

 

GC Jet

Apr-24

$2.53

$2.51

0.88%

$0.02

$2.44

3.44%

$2.38

6.26%

 

 

Chicago Ethanol

Apr-24

$1.52

$1.49

2.01%

$0.03

$1.64

-7.54%

$1.72

-11.63%

 

 

Rotterdam Gasoil

Apr-24

$773.24

$753.89

2.57%

$19.35

$736.35

5.01%

$717.57

7.76%

 

 

Singapore Jet Kero

Apr-24

$101.07

$100.00

1.06%

$1.06

$100.75

0.31%

$96.60

4.62%

 

 

 

 

Implied Volatilities

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/1/24

2/29/24

% Change

Change

2/1/24

% Change

3/3/23

% Change

 

 

Henry Hub Straddle

Apr-24

65.01%

68.24%

-4.73%

-3.23%

59.31%

9.61%

50.84%

27.87%

 

 

Algonquin Straddle

Apr-24

64.79%

71.60%

-9.51%

-6.81%

52.75%

22.82%

52.94%

22.38%

 

 

Waha Straddle

Apr-24

104.16%

117.29%

-11.19%

-13.13%

107.30%

-2.93%

54.41%

91.44%

 

 

Chicago Straddle

Apr-24

65.26%

65.53%

-0.41%

-0.27%

59.74%

9.24%

51.14%

27.61%

 

 

PJM West Straddle

Apr-24

46.23%

44.87%

3.03%

1.36%

44.71%

3.40%

42.87%

7.84%

 

 

SP – 15 Straddle

Apr-24

80.13%

83.12%

-3.60%

-2.99%

18.32%

337.39%

28.71%

179.10%

 

 

Mid. C Straddle

Apr-24

123.52%

49.59%

149.08%

73.93%

338.91%

-63.55%

66.20%

86.59%

 

 

 

 

Euro Gas and Power/LNG

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/1/24

2/29/24

% Change

Change

2/1/24

% Change

3/3/23

% Change

 

 

Dutch TTF

Apr-24

EUR 25.56

EUR 25.30

1.02%

EUR 0.26

EUR 29.19

-12.47%

EUR 50.10

-48.99%

 

 

NBP

Apr-24

GBP 63.85

GBP 62.67

1.88%

GBP 1.18

GBP 71.61

-10.83%

GBP 131.78

-51.55%

 

 

German Base

Apr-24

EUR 56.88

EUR 56.51

0.66%

EUR 0.37

EUR 64.41

-11.69%

EUR 136.07

-58.19%

 

 

UK Base

Apr-24

GBP 60.44

GBP 57.65

4.84%

GBP 2.79

GBP 63.90

-5.41%

GBP 122.77

-50.77%

 

 

French Base

Apr-24

EUR 51.09

EUR 49.98

2.20%

EUR 1.10

EUR 62.04

-17.66%

EUR 126.99

-59.77%

 

 

Italian Base

Apr-24

EUR 80.17

EUR 77.15

3.91%

EUR 3.01

EUR 88.62

-9.54%

EUR 146.32

-45.21%

 

 

JKM LNG

Apr-24

$8.51

$8.37

1.68%

$0.14

$9.57

-11.07%

$14.22

-40.14%

 

 

 

 

Freight Forwards (WET & DRY)

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/1/24

2/29/24

% Change

Change

2/1/24

% Change

3/3/23

% Change

 

 

TD3C FFA Middle East to China (WET)

Apr-24

$25.56

$25.30

1.02%

$0.26

$29.19

-12.47%

$50.10

-48.99%

 

 

USGC-UK Continent Dirty (WET)

Apr-24

$63.85

$62.67

1.88%

$1.18

$71.61

-10.83%

$131.78

-51.55%

 

 

TD20 West Africa to UK Continent (WET)

Apr-24

$56.88

$56.51

0.66%

$0.37

$64.41

-11.69%

$136.07

-58.19%

 

 

LPG FFA Middle East Gulf to East (WET)

Apr-24

$60.44

$57.65

4.84%

$2.79

$63.90

-5.41%

$122.77

-50.77%

 

 

TC5 FFA Arabian Gulf to Japan (WET)

Apr-24

$51.09

$49.98

2.20%

$1.10

$62.04

-17.66%

$126.99

-59.77%

 

 

Supramax Timecharter (DRY)

Apr-24

$80.17

$77.15

3.91%

$3.01

$88.62

-9.54%

$146.32

-45.21%

 

 

Capesize Timecharter (DRY)

Apr-24

$8.51

$8.37

1.68%

$0.14

$9.57

-11.07%

$14.22

-40.14%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

03/02/2024

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

 

 

 

 

 

 

 

 

 

 

Middle Atlantic

 

 

 

 

 

 

 

 

 

 

E N Central

 

 

 

 

W N Central

 

 

 

 

 

 

 

 

 

 

South Atlantic

 

 

 

 

E S Central

 

 

 

 

 

 

 

 

 

 

W S Central

 

 

 

 

Mountain

 

 

 

 

 

 

 

 

 

 

Pacific

 

 

 

 

United States

 

 

 

 

 

 

 

 

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

03/02/2024

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

 

 

 

 

 

 

 

 

 

 

Middle Atlantic

 

 

 

 

 

 

 

 

 

 

E N Central

 

 

 

 

W N Central

 

 

 

 

 

 

 

 

 

 

South Atlantic

 

 

 

 

E S Central

 

 

 

 

 

 

 

 

 

 

W S Central

 

 

 

 

Mountain

 

 

 

 

 

 

 

 

 

 

Pacific

 

 

 

 

United States

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

 

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