Prices as of 9:00 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$1.917

$1.916

0.05%

$0.001

40,734

 

 

WTI

$78.70

$78.74

-0.05%

-$0.04

157,778

 

 

Brent

$82.67

$82.80

-0.16%

-$0.13

15,380

 

 

ULSD

$2.652

$2.647

0.20%

$0.005

10,087

 

 

RBOB

$2.559

$2.586

-1.02%

-$0.026

13,055

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.57

$4.63

-1.30%

-$0.06

May-24

 

 

3:2:1 Crack

$29.78

$30.34

-1.85%

-$0.56

Apr-24

 

 

PJM West Spark

$29.42

$28.29

4.00%

$1.13

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

3/4/24

3/1/24

% Change

Change

2/2/24

% Change

3/6/23

% Change

 

 

PJM West On Peak

Apr-24

$33.52

$32.39

3.49%

$1.13

$36.47

-8.09%

$42.68

-21.46%

 

 

ERCOT North On Peak

Apr-24

$35.22

$33.83

4.12%

$1.39

$34.49

2.11%

$36.64

-3.88%

 

 

CAISO SP 15 On Peak

Apr-24

$21.68

$22.67

-4.39%

-$1.00

$29.70

-27.01%

$35.90

-39.62%

 

 

MISO Indiana On Peak

Apr-24

$35.26

$34.07

3.50%

$1.19

$37.01

-4.72%

$45.72

-22.87%

 

 

NEISO Mass On Peak

Apr-24

$30.44

$29.57

2.95%

$0.87

$33.07

-7.95%

$50.06

-39.20%

 

 

WECC Mid C On Peak

Apr-24

$35.54

$37.00

-3.94%

-$1.46

$59.86

-40.62%

$52.08

-31.76%

 

 

NYISO Zone G On Peak

Apr-24

$29.07

$28.41

2.31%

$0.66

$31.71

-8.34%

$42.19

-31.11%

 

 

 

 

 

Natural Gas & Basis

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/4/24

3/1/24

% Change

Change

2/2/24

% Change

3/6/23

% Change

 

 

NYMEX Henry Hub

Apr-24

$1.916

$1.835

4.41%

$0.08

$2.09

-8.15%

$3.39

-43.56%

 

 

Houston Ship Channel

Apr-24

-$0.269

-$0.274

-2.11%

$0.01

-$0.24

9.90%

-$0.41

-33.79%

 

 

Chicago

Apr-24

-$0.135

-$0.128

-5.83%

-$0.01

-$0.08

77.82%

-$0.08

71.09%

 

 

Waha

Apr-24

-$1.161

-$1.196

-2.92%

$0.03

-$1.09

6.25%

-$1.55

-25.28%

 

 

Algonquin

Apr-24

-$0.017

-$0.034

48.66%

$0.02

$0.24

-107.16%

$1.09

-101.58%

 

 

Aeco

Apr-24

-$0.563

-$0.518

8.58%

-$0.04

-$0.71

-20.97%

-$0.95

-40.74%

 

 

Socal

Apr-24

$0.043

$0.094

-53.97%

-$0.05

$0.06

-28.69%

$0.09

-54.16%

 

 

 

 

 

Natural Gas Liquids

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/4/24

3/1/24

% Change

Change

2/2/24

% Change

3/6/23

% Change

 

 

Mt. Belvieu Propane LST

Apr-24

$0.819

$0.828

-1.00%

-$0.01

$0.84

-2.47%

$0.83

-0.99%

 

 

Mt. Belvieu Propane non LST

Apr-24

$0.818

$0.819

-0.18%

$0.00

$0.83

-2.00%

$0.81

0.66%

 

 

Mt. Belview Ethane

Apr-24

$0.198

$0.194

2.34%

$0.00

$0.20

-1.41%

$0.24

-18.68%

 

 

Mt. Belview Nat. Gasoline

Apr-24

$1.586

$1.602

-0.97%

-$0.02

$1.39

13.90%

$1.60

-0.87%

 

 

Mt. Belvieu Butane LST

Apr-24

$0.943

$0.974

-3.16%

-$0.03

$0.93

1.24%

$0.90

4.36%

 

 

Far East Propane

Apr-24

$5.974

$5.992

-0.30%

-$0.02

$5.65

5.75%

$5.75

3.98%

 

 

Saudi Propane

Apr-24

$5.929

$5.926

0.05%

$0.00

$5.57

6.52%

$5.55

6.93%

 

 

 

 

Crude Oil

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/4/24

3/1/24

% Change

Change

2/2/24

% Change

3/6/23

% Change

 

 

WTI

Apr-24

$78.74

$79.97

-1.56%

-$1.23

$72.30

8.91%

$75.94

3.69%

 

 

Brent

Apr-24

$83.16

$83.98

-0.98%

-$0.81

$77.33

7.54%

$80.89

2.81%

 

 

WCS

Apr-24

-$16.48

-$17.83

-8.18%

$1.35

-$15.36

7.33%

-$16.04

2.77%

 

 

LLS

Apr-24

$81.53

$80.86

0.81%

$0.66

$74.58

9.31%

$76.54

6.51%

 

 

Mars

Apr-24

$77.31

$78.18

-1.13%

-$0.87

$71.83

7.62%

$72.48

6.66%

 

 

Sour

Apr-24

$78.40

$80.15

-2.24%

-$1.75

$72.10

8.73%

$72.54

8.07%

 

 

ESPO

Apr-24

$81.16

$81.98

-1.00%

-$0.81

$75.33

7.74%

$77.04

5.36%

 

 

 

 

Refined Products

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/4/24

3/1/24

% Change

Change

2/2/24

% Change

3/6/23

% Change

 

 

NY Heating Oil

Apr-24

$2.64

$2.70

-2.11%

-$0.06

$2.60

1.46%

$2.67

-1.05%

 

 

NY Gasoline

Apr-24

$2.59

$2.60

-0.38%

-$0.01

$2.39

8.24%

$2.49

3.98%

 

 

GC Gasoline

Apr-24

$2.49

$2.50

-0.40%

-$0.01

$2.29

8.60%

$2.39

4.14%

 

 

GC Jet

Apr-24

$2.47

$2.53

-2.41%

-$0.06

$2.42

2.03%

$2.38

3.52%

 

 

Chicago Ethanol

Apr-24

$1.56

$1.52

2.70%

$0.04

$1.62

-3.46%

$1.72

-9.24%

 

 

Rotterdam Gasoil

Apr-24

$755.16

$773.24

-2.34%

-$18.08

$720.16

4.86%

$716.73

5.36%

 

 

Singapore Jet Kero

Apr-24

$101.51

$101.07

0.45%

$0.45

$99.06

2.48%

$97.40

4.23%

 

 

 

 

Implied Volatilities

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/4/24

3/1/24

% Change

Change

2/2/24

% Change

3/6/23

% Change

 

 

Henry Hub Straddle

Apr-24

62.56%

65.01%

-3.77%

-2.45%

57.79%

8.25%

65.89%

-5.05%

 

 

Algonquin Straddle

Apr-24

62.94%

64.79%

-2.86%

-1.85%

54.42%

15.66%

65.23%

-3.51%

 

 

Waha Straddle

Apr-24

128.76%

104.16%

23.62%

24.60%

105.10%

22.51%

100.58%

28.02%

 

 

Chicago Straddle

Apr-24

59.96%

65.26%

-8.12%

-5.30%

58.73%

2.09%

67.18%

-10.75%

 

 

PJM West Straddle

Apr-24

47.66%

46.23%

3.09%

1.43%

46.71%

2.03%

43.17%

10.40%

 

 

SP – 15 Straddle

Apr-24

81.23%

80.13%

1.37%

1.10%

34.56%

135.04%

30.20%

168.97%

 

 

Mid. C Straddle

Apr-24

170.82%

123.52%

38.29%

47.30%

337.89%

-49.45%

66.13%

158.31%

 

 

 

 

Euro Gas and Power/LNG

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/4/24

3/1/24

% Change

Change

2/2/24

% Change

3/6/23

% Change

 

 

Dutch TTF

Apr-24

EUR 26.70

EUR 25.56

4.48%

EUR 1.15

EUR 29.70

-10.11%

EUR 47.86

-44.22%

 

 

NBP

Apr-24

GBP 66.61

GBP 63.85

4.32%

GBP 2.76

GBP 72.48

-8.11%

GBP 128.00

-47.96%

 

 

German Base

Apr-24

EUR 58.28

EUR 56.88

2.45%

EUR 1.39

EUR 64.14

-9.14%

EUR 132.99

-56.18%

 

 

UK Base

Apr-24

GBP 61.49

GBP 60.44

1.73%

GBP 1.05

GBP 65.35

-5.91%

GBP 121.01

-49.19%

 

 

French Base

Apr-24

EUR 50.10

EUR 51.09

-1.93%

-EUR 0.99

EUR 61.29

-18.27%

EUR 121.08

-58.62%

 

 

Italian Base

Apr-24

EUR 81.49

EUR 80.17

1.65%

EUR 1.32

EUR 88.83

-8.26%

EUR 146.35

-44.32%

 

 

JKM LNG

Apr-24

$8.54

$8.51

0.40%

$0.03

$9.65

-11.49%

$16.00

-46.62%

 

 

 

 

Freight Forwards (WET & DRY)

 

OTCGH/EOXLive Market Data

 

 

 

Contract

3/4/24

3/1/24

% Change

Change

2/2/24

% Change

3/6/23

% Change

 

 

TD3C FFA Middle East to China (WET)

Apr-24

$26.70

$25.56

4.48%

$1.15

$29.70

-10.11%

$47.86

-44.22%

 

 

USGC-UK Continent Dirty (WET)

Apr-24

$66.61

$63.85

4.32%

$2.76

$72.48

-8.11%

$128.00

-47.96%

 

 

TD20 West Africa to UK Continent (WET)

Apr-24

$58.28

$56.88

2.45%

$1.39

$64.14

-9.14%

$132.99

-56.18%

 

 

LPG FFA Middle East Gulf to East (WET)

Apr-24

$61.49

$60.44

1.73%

$1.05

$65.35

-5.91%

$121.01

-49.19%

 

 

TC5 FFA Arabian Gulf to Japan (WET)

Apr-24

$50.10

$51.09

-1.93%

-$0.99

$61.29

-18.27%

$121.08

-58.62%

 

 

Supramax Timecharter (DRY)

Apr-24

$81.49

$80.17

1.65%

$1.32

$88.83

-8.26%

$146.35

-44.32%

 

 

Capesize Timecharter (DRY)

Apr-24

$8.54

$8.51

0.40%

$0.03

$9.65

-11.49%

$16.00

-46.62%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

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

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

8

-1

-11

34

-34

-51

NA

NA

 

 

E S Central

2

-1

-3

2

-11

-13

NA

NA

 

 

W S Central

11

4

-10

22

-11

-35

NA

NA

 

 

Mountain

0

-1

0

0

-5

0

NA

NA

 

 

Pacific

0

-1

0

0

-3

0

NA

NA

 

 

United States

3

0

-3

9

-9

-14

NA

NA

 

 

 

 

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

221

-21

-48

4,255

-616

123

-13.00%

3.00%

 

 

Middle Atlantic

198

-25

-14

3,939

-487

150

-11.00%

4.00%

 

 

E N Central

181

-55

-18

4,171

-764

-155

-15.00%

-4.00%

 

 

W N Central

182

-54

-68

4,366

-897

-608

-17.00%

-12.00%

 

 

South Atlantic

93

-16

36

2,027

-252

103

-11.00%

5.00%

 

 

E S Central

101

-31

45

2,576

-333

153

-11.00%

6.00%

 

 

W S Central

56

-26

17

1,797

-149

51

-8.00%

3.00%

 

 

Mountain

151

-14

-66

3,579

-326

-482

-8.00%

-12.00%

 

 

Pacific

115

13

-64

2,119

-181

-362

-8.00%

-15.00%

 

 

United States

138

-24

-15

3,039

-418

-92

-12.00%

-3.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

 

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