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Prices as of 7:07 AM CST
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Current Price
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Previous Settle
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% Change
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Change
|
Volume
|
|
|
Natural Gas
|
$4.270
|
$4.350
|
-1.84%
|
-$0.080
|
38,178
|
|
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WTI
|
$67.06
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$68.26
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-1.76%
|
-$1.20
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64,373
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Brent
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$70.12
|
$71.04
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-1.30%
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-$0.92
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8,264
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ULSD
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$2.241
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$2.287
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-2.02%
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-$0.046
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7,261
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RBOB
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$2.151
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$2.194
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-1.96%
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-$0.043
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4,149
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Spreads
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Current
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Previous
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% Change
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Change
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Contract
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WTI-Brent
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$3.47
|
$3.34
|
3.89%
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$0.13
|
May-25
|
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3:2:1 Crack
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$24.34
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$24.98
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-2.56%
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-$0.64
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Apr-25
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PJM West Spark
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$46.79
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$45.53
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2.77%
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$1.26
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Apr-25
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Baker Hughes Rig Count
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Date
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Count
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Change
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1 Year Chg.
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1 Year Date
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|
|
U.S.
|
02/28/25
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593
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1
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-36
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03/01/24
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Canada
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02/28/25
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248
|
4
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17
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03/01/24
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International
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Jan
|
905
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-4
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-60
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Jan
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CFTC Net Positions
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As of 2/25/2025
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Open Interest
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Total Net Long
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Total Net Short
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Diff
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PJM West On Peak
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95,119
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94,752
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94,588
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164
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PJM West Off Peak
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85,248
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85,175
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84,643
|
532
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Natural Gas Henry Hub
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352,798
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341,801
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339,273
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2,528
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WTI – Light Sweet Crude Futures
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154,003
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128,122
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115,612
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12,510
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Brent Crude Last Day
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183,969
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177,145
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176,348
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797
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NYM Ethanol
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43,229
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42,017
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42,867
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-850
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Mt Belvieu LDH Propane Swap
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163,355
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162,731
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163,195
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-464
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RBOB
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425,872
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404,328
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405,970
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-1,642
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HSC Basis
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975,238
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967,306
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963,494
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3,812
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EIA Short Term Energy Outlook
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2023
|
2024
|
2025 Projected
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2026 Projected
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Brent
|
$82.00
|
$81.00
|
$74.00
|
$66.00
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Gasoline
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$3.50
|
$3.30
|
$3.20
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$3.00
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Crude Oil Production
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$12.90
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$13.20
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$13.50
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$13.60
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Natural Gas Spot
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$2.50
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$2.20
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$3.10
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$4.00
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LNG Exports
|
12.00
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12.00
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14.00
|
16.00
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Electrical Generation %
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2023
|
2024
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2025 Projected
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2026 Projected
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Natural gas
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42.00%
|
43.00%
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41.00%
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40.00%
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Coal
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17.00%
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16.00%
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15.00%
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15.00%
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Renewables
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22.00%
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23.00%
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25.00%
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27.00%
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Nuclear
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19.00%
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19.00%
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19.00%
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19.00%
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Short Term Energy Outlook
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|

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|

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EIA Lower 48 Natural Gas Storage
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02/21/20
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2/21/25
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2/14/25
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Net Change
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% Change
|
2/23/24
|
% Change
|
5 Year Avg.
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% Change
|
|
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East
|
362
|
419
|
-57
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-13.60%
|
453
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-20.09%
|
426
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-14.98%
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Midwest
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424
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494
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-70
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-14.17%
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600
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-29.33%
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521
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-18.59%
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Mountain
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168
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182
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-14
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-7.69%
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169
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-0.59%
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118
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42.61%
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Pacific
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198
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208
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-10
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-4.81%
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217
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-8.76%
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177
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11.74%
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South
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688
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799
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-111
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-13.89%
|
935
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-26.42%
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794
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-13.31%
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Salt
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159
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214
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-55
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-25.70%
|
275
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-42.18%
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220
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-27.86%
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Non_Salt
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528
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585
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-57
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-9.74%
|
660
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-20.00%
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573
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-7.92%
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Total
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1,840
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2,101
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-261
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-12.42%
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2,374
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-22.49%
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2,035
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-9.59%
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Power Generation Additions/Retirements
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Front Month Prices
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Electricity
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OTCGH/EOXLive Market Data
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Contract
|
3/4/25
|
3/3/25
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% Change
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Change
|
2/3/25
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% Change
|
3/4/24
|
% Change
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PJM West On Peak
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Apr-25
|
$55.97
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$54.84
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2.07%
|
$1.13
|
$48.01
|
16.59%
|
$43.09
|
29.90%
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ERCOT North On Peak
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Apr-25
|
$42.94
|
$39.89
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7.64%
|
$3.05
|
$37.16
|
15.56%
|
$35.45
|
21.13%
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CAISO SP 15 On Peak
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Apr-25
|
$7.53
|
$5.12
|
47.04%
|
$2.41
|
$5.92
|
27.22%
|
$24.45
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-69.21%
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MISO Indiana On Peak
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Apr-25
|
$52.91
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$52.82
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0.17%
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$0.09
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$47.21
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12.08%
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$45.37
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16.63%
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NEISO Mass On Peak
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Apr-25
|
$56.49
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$51.65
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9.37%
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$4.84
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$51.14
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10.47%
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$46.60
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21.23%
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WECC Mid C On Peak
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Apr-25
|
$49.65
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$43.42
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14.33%
|
$6.22
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$48.06
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3.31%
|
$52.82
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-6.01%
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NYISO Zone G On Peak
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Apr-25
|
$53.74
|
$49.07
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9.52%
|
$4.67
|
$46.32
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16.01%
|
$41.83
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28.48%
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Natural Gas & Basis
|
|
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|
OTCGH/EOXLive Market Data
|
|
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|
Contract
|
3/4/25
|
3/3/25
|
% Change
|
Change
|
2/3/25
|
% Change
|
3/4/24
|
% Change
|
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|
NYMEX Henry Hub
|
Apr-25
|
$4.350
|
$4.122
|
5.53%
|
$0.23
|
$3.34
|
30.43%
|
$3.07
|
41.51%
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Houston Ship Channel
|
Apr-25
|
-$0.722
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-$0.667
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8.20%
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-$0.05
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-$0.42
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72.33%
|
-$0.34
|
111.70%
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Chicago
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Apr-25
|
-$0.326
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-$0.307
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-5.83%
|
-$0.02
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-$0.19
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71.76%
|
-$0.13
|
154.09%
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Waha
|
Apr-25
|
-$3.750
|
-$3.595
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-4.33%
|
-$0.16
|
-$2.40
|
56.19%
|
-$1.04
|
262.30%
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Algonquin
|
Apr-25
|
$0.166
|
$0.170
|
-2.06%
|
$0.00
|
$0.27
|
-37.54%
|
$0.61
|
-72.74%
|
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Aeco
|
Apr-25
|
-$2.898
|
-$2.670
|
8.57%
|
-$0.23
|
-$2.05
|
41.36%
|
-$0.82
|
252.47%
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Socal
|
Apr-25
|
-$0.829
|
-$0.739
|
12.06%
|
-$0.09
|
-$0.38
|
115.50%
|
-$0.17
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401.27%
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|
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Natural Gas Liquids
|
|
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|
OTCGH/EOXLive Market Data
|
|
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|
Contract
|
3/4/25
|
3/3/25
|
% Change
|
Change
|
2/3/25
|
% Change
|
3/4/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Apr-25
|
$0.823
|
$0.842
|
-2.29%
|
-$0.02
|
$0.82
|
0.09%
|
$0.73
|
13.38%
|
|
|
Mt. Belvieu Propane non LST
|
Apr-25
|
$0.830
|
$0.847
|
-2.00%
|
-$0.02
|
$0.83
|
0.36%
|
$0.73
|
13.19%
|
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Mt. Belview Ethane
|
Apr-25
|
$0.296
|
$0.282
|
4.86%
|
$0.01
|
$0.24
|
21.94%
|
$0.23
|
27.42%
|
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Mt. Belview Nat. Gasoline
|
Apr-25
|
$1.423
|
$1.438
|
-1.07%
|
-$0.02
|
$1.48
|
-3.91%
|
$1.43
|
-0.57%
|
|
|
Mt. Belvieu Butane LST
|
Apr-25
|
$0.910
|
$0.923
|
-1.40%
|
-$0.01
|
$0.99
|
-8.05%
|
$0.86
|
5.87%
|
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Far East Propane
|
Apr-25
|
$5.819
|
$5.830
|
-0.19%
|
-$0.01
|
$5.98
|
-2.77%
|
$5.56
|
4.62%
|
|
|
Saudi Propane
|
Apr-25
|
$5.869
|
$5.939
|
-1.18%
|
-$0.07
|
$6.12
|
-4.15%
|
$5.11
|
14.89%
|
|
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|
|
|
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|
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|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
3/4/25
|
3/3/25
|
% Change
|
Change
|
2/3/25
|
% Change
|
3/4/24
|
% Change
|
|
|
WTI
|
Apr-25
|
$68.26
|
$68.37
|
-0.16%
|
-$0.11
|
$72.39
|
-5.71%
|
$72.16
|
-5.40%
|
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Brent
|
Apr-25
|
$71.27
|
$71.85
|
-0.81%
|
-$0.57
|
$75.96
|
-6.17%
|
$76.79
|
-7.19%
|
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WCS
|
Apr-25
|
-$13.90
|
-$12.87
|
7.45%
|
-$1.04
|
-$15.25
|
-8.85%
|
-$14.33
|
-3.01%
|
|
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LLS
|
Apr-25
|
$70.09
|
$72.00
|
-2.73%
|
-$1.91
|
$73.71
|
-4.91%
|
$73.62
|
-4.79%
|
|
|
Mars
|
Apr-25
|
$68.56
|
$69.04
|
-0.70%
|
-$0.48
|
$71.96
|
-4.73%
|
$70.43
|
-2.66%
|
|
|
Sour
|
Apr-25
|
$68.67
|
$68.75
|
-0.12%
|
-$0.08
|
$71.99
|
-4.62%
|
$71.55
|
-4.03%
|
|
|
ESPO
|
Apr-25
|
$69.27
|
$69.85
|
-0.83%
|
-$0.57
|
$73.96
|
-6.34%
|
$74.79
|
-7.38%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
3/4/25
|
3/3/25
|
% Change
|
Change
|
2/3/25
|
% Change
|
3/4/24
|
% Change
|
|
|
NY Heating Oil
|
Apr-25
|
$2.29
|
$2.27
|
0.84%
|
$0.02
|
$2.39
|
-4.22%
|
$2.43
|
-5.60%
|
|
|
NY Gasoline
|
Apr-25
|
$2.19
|
$2.19
|
-0.09%
|
$0.00
|
$2.31
|
-5.19%
|
$2.24
|
-2.41%
|
|
|
GC Gasoline
|
Apr-25
|
$2.09
|
$2.09
|
-0.10%
|
$0.00
|
$2.21
|
-5.43%
|
$2.14
|
-2.52%
|
|
|
GC Jet
|
Apr-25
|
$2.08
|
$2.10
|
-1.09%
|
-$0.02
|
$2.29
|
-9.17%
|
$2.26
|
-8.09%
|
|
|
Chicago Ethanol
|
Apr-25
|
$1.66
|
$1.68
|
-1.37%
|
-$0.02
|
$1.81
|
-8.19%
|
$1.50
|
10.81%
|
|
|
Rotterdam Gasoil
|
Apr-25
|
$652.20
|
$659.55
|
-1.11%
|
-$7.35
|
$714.45
|
-8.71%
|
$697.53
|
-6.50%
|
|
|
Singapore Jet Kero
|
Apr-25
|
$84.60
|
$86.18
|
-1.83%
|
-$1.58
|
$89.93
|
-5.92%
|
$93.89
|
-9.90%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
3/4/25
|
3/3/25
|
% Change
|
Change
|
2/3/25
|
% Change
|
3/4/24
|
% Change
|
|
|
Henry Hub Straddle
|
Apr-25
|
52.47%
|
46.94%
|
11.78%
|
5.53%
|
47.81%
|
9.75%
|
36.55%
|
43.56%
|
|
|
Algonquin Straddle
|
Apr-25
|
49.26%
|
42.45%
|
16.04%
|
6.81%
|
43.32%
|
13.71%
|
31.13%
|
58.24%
|
|
|
Waha Straddle
|
Apr-25
|
251.65%
|
242.85%
|
3.62%
|
8.80%
|
147.86%
|
70.19%
|
47.79%
|
426.57%
|
|
|
Chicago Straddle
|
Apr-25
|
56.17%
|
46.19%
|
21.61%
|
9.98%
|
52.68%
|
6.62%
|
35.58%
|
57.87%
|
|
|
PJM West Straddle
|
Apr-25
|
51.96%
|
50.62%
|
2.65%
|
1.34%
|
43.42%
|
19.67%
|
33.73%
|
54.05%
|
|
|
SP – 15 Straddle
|
Apr-25
|
291.07%
|
41.19%
|
606.65%
|
249.88%
|
259.85%
|
12.01%
|
72.92%
|
299.16%
|
|
|
Mid. C Straddle
|
Apr-25
|
81.47%
|
84.72%
|
-3.84%
|
-3.25%
|
72.53%
|
12.33%
|
49.49%
|
64.62%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
3/4/25
|
3/3/25
|
% Change
|
Change
|
2/3/25
|
% Change
|
3/4/24
|
% Change
|
|
|
Dutch TTF
|
Apr-25
|
EUR 42.85
|
EUR 45.77
|
-6.40%
|
-EUR 2.93
|
EUR 53.67
|
-20.18%
|
EUR 30.08
|
42.42%
|
|
|
NBP
|
Apr-25
|
GBP 102.51
|
GBP 108.33
|
-5.37%
|
-GBP 5.82
|
GBP 129.39
|
-20.77%
|
GBP 76.50
|
33.99%
|
|
|
German Base
|
Apr-25
|
EUR 77.32
|
EUR 80.15
|
-3.53%
|
-EUR 2.83
|
EUR 94.45
|
-18.14%
|
EUR 68.11
|
13.53%
|
|
|
UK Base
|
Apr-25
|
GBP 82.54
|
GBP 88.18
|
-6.39%
|
-GBP 5.64
|
GBP 100.05
|
-17.50%
|
GBP 67.31
|
22.62%
|
|
|
French Base
|
Apr-25
|
EUR 58.78
|
EUR 58.10
|
1.18%
|
EUR 0.69
|
EUR 73.62
|
-20.16%
|
EUR 63.03
|
-6.73%
|
|
|
Italian Base
|
Apr-25
|
EUR 111.11
|
EUR 117.50
|
-5.43%
|
-EUR 6.39
|
EUR 136.41
|
-18.54%
|
EUR 85.89
|
29.37%
|
|
|
JKM LNG
|
Apr-25
|
$13.43
|
$14.31
|
-6.14%
|
-$0.88
|
$15.40
|
-12.80%
|
$10.21
|
31.58%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
3/4/25
|
3/3/25
|
% Change
|
Change
|
2/3/25
|
% Change
|
3/4/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Apr-25
|
$42.85
|
$45.77
|
-6.40%
|
-$2.93
|
$53.67
|
-20.18%
|
$30.08
|
42.42%
|
|
|
USGC-UK Continent Dirty (WET)
|
Apr-25
|
$102.51
|
$108.33
|
-5.37%
|
-$5.82
|
$129.39
|
-20.77%
|
$76.50
|
33.99%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Apr-25
|
$77.32
|
$80.15
|
-3.53%
|
-$2.83
|
$94.45
|
-18.14%
|
$68.11
|
13.53%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Apr-25
|
$82.54
|
$88.18
|
-6.39%
|
-$5.64
|
$100.05
|
-17.50%
|
$67.31
|
22.62%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Apr-25
|
$58.78
|
$58.10
|
1.18%
|
$0.69
|
$73.62
|
-20.16%
|
$63.03
|
-6.73%
|
|
|
Supramax Timecharter (DRY)
|
Apr-25
|
$111.11
|
$117.50
|
-5.43%
|
-$6.39
|
$136.41
|
-18.54%
|
$85.89
|
29.37%
|
|
|
Capesize Timecharter (DRY)
|
Apr-25
|
$13.43
|
$14.31
|
-6.14%
|
-$0.88
|
$15.40
|
-12.80%
|
$10.21
|
31.58%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/01/2025
|
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
|
6
|
-3
|
0
|
49
|
-15
|
11
|
NA
|
NA
|
|
|
E S Central
|
0
|
-3
|
-2
|
1
|
-11
|
0
|
NA
|
NA
|
|
|
W S Central
|
5
|
-1
|
-7
|
30
|
1
|
7
|
NA
|
NA
|
|
|
Mountain
|
2
|
1
|
2
|
3
|
-1
|
3
|
NA
|
NA
|
|
|
Pacific
|
0
|
-1
|
0
|
0
|
-3
|
0
|
NA
|
NA
|
|
|
United States
|
2
|
-1
|
-1
|
13
|
-4
|
3
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/01/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
197
|
-49
|
-24
|
4,572
|
-196
|
423
|
-4.00%
|
10.00%
|
|
|
Middle Atlantic
|
173
|
-54
|
-21
|
4,057
|
-275
|
341
|
-6.00%
|
9.00%
|
|
|
E N Central
|
197
|
-43
|
6
|
4,487
|
-348
|
420
|
-7.00%
|
10.00%
|
|
|
W N Central
|
172
|
-68
|
-19
|
4,784
|
-379
|
465
|
-7.00%
|
11.00%
|
|
|
South Atlantic
|
86
|
-25
|
-9
|
2,120
|
-113
|
121
|
-5.00%
|
6.00%
|
|
|
E S Central
|
113
|
-22
|
10
|
2,608
|
-245
|
70
|
-9.00%
|
3.00%
|
|
|
W S Central
|
64
|
-21
|
9
|
1,688
|
-224
|
-77
|
-12.00%
|
-4.00%
|
|
|
Mountain
|
124
|
-43
|
-25
|
3,503
|
-332
|
4
|
-9.00%
|
0.00%
|
|
|
Pacific
|
61
|
-42
|
-45
|
2,104
|
-152
|
42
|
-7.00%
|
2.00%
|
|
|
United States
|
125
|
-40
|
-13
|
3,151
|
-237
|
194
|
-7.00%
|
7.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|

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