|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:50 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$1.679
|
$1.683
|
-0.24%
|
-$0.004
|
4,202
|
|
|
|
WTI
|
$81.37
|
$81.07
|
0.37%
|
$0.30
|
52,168
|
|
|
|
Brent
|
$86.07
|
$85.78
|
0.34%
|
$0.29
|
3,649
|
|
|
|
ULSD
|
$2.690
|
$2.669
|
0.81%
|
$0.022
|
1,249
|
|
|
|
RBOB
|
$2.742
|
$2.727
|
0.56%
|
$0.015
|
1,290
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$4.71
|
$4.71
|
0.00%
|
$0.00
|
May-24
|
|
|
|
3:2:1 Crack
|
$32.44
|
$31.99
|
1.38%
|
$0.44
|
May-24
|
|
|
|
PJM West Spark
|
$28.24
|
$32.05
|
-11.89%
|
-$3.81
|
Apr-24
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
03/15/24
|
629
|
7
|
-125
|
03/18/23
|
|
|
|
Canada
|
03/15/24
|
207
|
-18
|
0
|
03/18/23
|
|
|
|
International
|
Feb
|
958
|
-7
|
43
|
Feb
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 3/12/2024
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
91,085
|
90,642
|
90,642
|
0
|
|
|
|
PJM West Off Peak
|
79,238
|
78,895
|
78,982
|
-87
|
|
|
|
Natural Gas Henry Hub
|
380,458
|
358,116
|
368,376
|
-10,260
|
|
|
|
WTI – Light Sweet Crude Futures
|
307,461
|
262,005
|
230,289
|
31,716
|
|
|
|
Brent Crude Last Day
|
109,955
|
100,537
|
100,240
|
297
|
|
|
|
NYM Ethanol
|
48,564
|
47,770
|
48,227
|
-457
|
|
|
|
Mt Belvieu LDH Propane Swap
|
150,268
|
149,192
|
149,949
|
-757
|
|
|
|
RBOB
|
379,544
|
352,260
|
364,346
|
-12,086
|
|
|
|
HSC Basis
|
791,538
|
780,281
|
781,443
|
-1,162
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EIA Lower 48 Natural Gas Storage
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/15/19
|
|
|
|
|
|
3/15/24
|
3/8/24
|
Net Change
|
% Change
|
3/17/23
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
406
|
412
|
-6
|
-1.46%
|
355
|
14.37%
|
315
|
29.05%
|
|
|
|
Midwest
|
551
|
561
|
-10
|
-1.78%
|
461
|
19.52%
|
389
|
41.72%
|
|
|
|
Mountain
|
166
|
167
|
-1
|
-0.60%
|
84
|
97.62%
|
87
|
89.93%
|
|
|
|
Pacific
|
216
|
213
|
3
|
1.41%
|
72
|
200.00%
|
142
|
51.69%
|
|
|
|
South
|
993
|
972
|
21
|
2.16%
|
927
|
7.12%
|
703
|
41.21%
|
|
|
|
Salt
|
300
|
294
|
6
|
2.04%
|
262
|
14.50%
|
205
|
46.20%
|
|
|
|
Non_Salt
|
694
|
678
|
16
|
2.36%
|
664
|
4.52%
|
498
|
39.36%
|
|
|
|
Total
|
2,332
|
2,325
|
7
|
0.30%
|
1,900
|
22.74%
|
1,637
|
42.49%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/21/24
|
3/20/24
|
% Change
|
Change
|
2/22/24
|
% Change
|
3/23/23
|
% Change
|
|
|
|
PJM West On Peak
|
Apr-24
|
$31.83
|
$35.65
|
-10.73%
|
-$3.83
|
$32.85
|
-3.12%
|
$42.85
|
-25.72%
|
|
|
|
ERCOT North On Peak
|
Apr-24
|
$32.25
|
$33.39
|
-3.41%
|
-$1.14
|
$32.09
|
0.48%
|
$33.43
|
-3.55%
|
|
|
|
CAISO SP 15 On Peak
|
Apr-24
|
$20.23
|
$20.78
|
-2.63%
|
-$0.55
|
$28.14
|
-28.11%
|
$38.02
|
-46.79%
|
|
|
|
MISO Indiana On Peak
|
Apr-24
|
$31.54
|
$35.39
|
-10.88%
|
-$3.85
|
$34.90
|
-9.63%
|
$46.27
|
-31.83%
|
|
|
|
NEISO Mass On Peak
|
Apr-24
|
$27.15
|
$27.83
|
-2.44%
|
-$0.68
|
$29.25
|
-7.17%
|
$52.55
|
-48.33%
|
|
|
|
WECC Mid C On Peak
|
Apr-24
|
$37.89
|
$38.00
|
-0.30%
|
-$0.11
|
$47.35
|
-19.99%
|
$57.07
|
-33.62%
|
|
|
|
NYISO Zone G On Peak
|
Apr-24
|
$27.39
|
$30.75
|
-10.91%
|
-$3.35
|
$27.77
|
-1.34%
|
$44.36
|
-38.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/21/24
|
3/20/24
|
% Change
|
Change
|
2/22/24
|
% Change
|
3/23/23
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Apr-24
|
$1.683
|
$1.699
|
-0.94%
|
-$0.02
|
$1.83
|
-8.13%
|
$3.23
|
-47.91%
|
|
|
|
Houston Ship Channel
|
Apr-24
|
-$0.224
|
-$0.209
|
7.27%
|
-$0.02
|
-$0.29
|
-22.01%
|
-$0.38
|
-41.53%
|
|
|
|
Chicago
|
Apr-24
|
-$0.089
|
-$0.090
|
0.90%
|
$0.00
|
-$0.10
|
-14.38%
|
-$0.07
|
23.37%
|
|
|
|
Waha
|
Apr-24
|
-$1.613
|
-$1.638
|
-1.48%
|
$0.02
|
-$0.94
|
71.22%
|
-$1.36
|
18.26%
|
|
|
|
Algonquin
|
Apr-24
|
-$0.019
|
-$0.030
|
36.18%
|
$0.01
|
$0.05
|
-136.26%
|
$1.09
|
-101.77%
|
|
|
|
Aeco
|
Apr-24
|
-$0.405
|
-$0.395
|
2.58%
|
-$0.01
|
-$0.59
|
-31.62%
|
-$0.82
|
-50.77%
|
|
|
|
Socal
|
Apr-24
|
-$0.027
|
-$0.001
|
2183.33%
|
-$0.03
|
$0.22
|
-112.65%
|
$0.11
|
-125.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/21/24
|
3/20/24
|
% Change
|
Change
|
2/22/24
|
% Change
|
3/23/23
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Apr-24
|
$0.826
|
$0.823
|
0.44%
|
$0.00
|
$0.83
|
-0.55%
|
$0.73
|
12.44%
|
|
|
|
Mt. Belvieu Propane non LST
|
Apr-24
|
$0.819
|
$0.818
|
0.14%
|
$0.00
|
$0.84
|
-2.17%
|
$0.74
|
11.11%
|
|
|
|
Mt. Belview Ethane
|
Apr-24
|
$0.185
|
$0.185
|
-0.01%
|
$0.00
|
$0.19
|
-2.63%
|
$0.23
|
-19.68%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Apr-24
|
$1.625
|
$1.633
|
-0.46%
|
-$0.01
|
$1.54
|
5.43%
|
$1.43
|
13.41%
|
|
|
|
Mt. Belvieu Butane LST
|
Apr-24
|
$0.965
|
$0.948
|
1.76%
|
$0.02
|
$0.95
|
1.73%
|
$0.82
|
17.12%
|
|
|
|
Far East Propane
|
Apr-24
|
$6.023
|
$6.075
|
-0.85%
|
-$0.05
|
$5.98
|
0.69%
|
$5.23
|
15.06%
|
|
|
|
Saudi Propane
|
Apr-24
|
$6.171
|
$6.200
|
-0.47%
|
-$0.03
|
$5.73
|
7.66%
|
$5.03
|
22.72%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/21/24
|
3/20/24
|
% Change
|
Change
|
2/22/24
|
% Change
|
3/23/23
|
% Change
|
|
|
|
WTI
|
May-24
|
$81.07
|
$81.27
|
-0.25%
|
-$0.20
|
$77.93
|
4.03%
|
$67.42
|
20.25%
|
|
|
|
Brent
|
May-24
|
$85.78
|
$85.95
|
-0.20%
|
-$0.17
|
$82.70
|
3.72%
|
$72.74
|
17.93%
|
|
|
|
WCS
|
May-24
|
-$12.34
|
-$12.35
|
-0.10%
|
$0.01
|
-$15.14
|
-18.51%
|
-$15.45
|
-20.13%
|
|
|
|
LLS
|
May-24
|
$82.85
|
$82.92
|
-0.09%
|
-$0.07
|
$79.57
|
4.12%
|
$70.37
|
17.73%
|
|
|
|
Mars
|
May-24
|
$80.23
|
$80.70
|
-0.58%
|
-$0.47
|
$77.21
|
3.91%
|
$66.08
|
21.42%
|
|
|
|
Sour
|
May-24
|
$80.94
|
$81.57
|
-0.78%
|
-$0.63
|
$77.58
|
4.33%
|
$66.36
|
21.97%
|
|
|
|
ESPO
|
May-24
|
$83.78
|
$83.95
|
-0.20%
|
-$0.17
|
$80.70
|
3.82%
|
$70.52
|
18.81%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/21/24
|
3/20/24
|
% Change
|
Change
|
2/22/24
|
% Change
|
3/23/23
|
% Change
|
|
|
|
NY Heating Oil
|
Apr-24
|
$2.67
|
$2.70
|
-1.11%
|
-$0.03
|
$2.70
|
-1.37%
|
$2.44
|
9.39%
|
|
|
|
NY Gasoline
|
Apr-24
|
$2.73
|
$2.73
|
-0.22%
|
-$0.01
|
$2.66
|
2.44%
|
$2.24
|
21.52%
|
|
|
|
GC Gasoline
|
Apr-24
|
$2.63
|
$2.63
|
-0.23%
|
-$0.01
|
$2.56
|
2.54%
|
$2.14
|
22.53%
|
|
|
|
GC Jet
|
Apr-24
|
$2.56
|
$2.61
|
-1.80%
|
-$0.05
|
$2.49
|
3.01%
|
$2.05
|
25.02%
|
|
|
|
Chicago Ethanol
|
Apr-24
|
$1.63
|
$1.62
|
1.24%
|
$0.02
|
$1.50
|
8.85%
|
$1.69
|
-3.02%
|
|
|
|
Rotterdam Gasoil
|
Apr-24
|
$772.19
|
$781.28
|
-1.16%
|
-$9.09
|
$756.99
|
2.01%
|
$661.35
|
16.76%
|
|
|
|
Singapore Jet Kero
|
Apr-24
|
$102.40
|
$103.96
|
-1.50%
|
-$1.56
|
$101.94
|
0.45%
|
$89.35
|
14.61%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/21/24
|
3/20/24
|
% Change
|
Change
|
2/22/24
|
% Change
|
3/23/23
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-24
|
63.65%
|
63.47%
|
0.28%
|
0.18%
|
67.25%
|
-5.35%
|
55.74%
|
14.19%
|
|
|
|
Algonquin Straddle
|
May-24
|
75.90%
|
73.09%
|
3.84%
|
2.81%
|
74.67%
|
1.65%
|
59.67%
|
27.20%
|
|
|
|
Waha Straddle
|
May-24
|
171.62%
|
174.29%
|
-1.53%
|
-2.67%
|
127.10%
|
35.03%
|
76.64%
|
123.93%
|
|
|
|
Chicago Straddle
|
May-24
|
67.74%
|
67.87%
|
-0.19%
|
-0.13%
|
67.07%
|
1.00%
|
57.12%
|
18.59%
|
|
|
|
PJM West Straddle
|
May-24
|
46.61%
|
46.65%
|
-0.09%
|
-0.04%
|
49.16%
|
-5.19%
|
46.50%
|
0.24%
|
|
|
|
SP – 15 Straddle
|
May-24
|
180.12%
|
128.34%
|
40.35%
|
51.78%
|
73.14%
|
146.27%
|
26.10%
|
590.11%
|
|
|
|
Mid. C Straddle
|
May-24
|
74.02%
|
105.67%
|
-29.95%
|
-31.65%
|
207.23%
|
-64.28%
|
66.56%
|
11.21%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/21/24
|
3/20/24
|
% Change
|
Change
|
2/22/24
|
% Change
|
3/23/23
|
% Change
|
|
|
|
Dutch TTF
|
May-24
|
EUR 26.69
|
EUR 27.26
|
-2.07%
|
-EUR 0.56
|
EUR 23.29
|
14.60%
|
EUR 50.00
|
-46.62%
|
|
|
|
NBP
|
May-24
|
GBP 67.73
|
GBP 68.78
|
-1.53%
|
-GBP 1.05
|
GBP 56.39
|
20.10%
|
GBP 127.98
|
-47.08%
|
|
|
|
German Base
|
May-24
|
EUR 50.84
|
EUR 53.54
|
-5.05%
|
-EUR 2.71
|
EUR 48.04
|
5.83%
|
EUR 119.61
|
-57.50%
|
|
|
|
UK Base
|
May-24
|
GBP 59.56
|
GBP 62.15
|
-4.17%
|
-GBP 2.59
|
GBP 50.45
|
18.04%
|
GBP 118.40
|
-49.70%
|
|
|
|
French Base
|
May-24
|
EUR 37.01
|
EUR 40.31
|
-8.17%
|
-EUR 3.29
|
EUR 42.00
|
-11.87%
|
EUR 114.80
|
-67.76%
|
|
|
|
Italian Base
|
May-24
|
EUR 73.75
|
EUR 78.55
|
-6.11%
|
-EUR 4.80
|
EUR 70.89
|
4.04%
|
EUR 134.45
|
-45.15%
|
|
|
|
JKM LNG
|
May-24
|
$8.68
|
$8.74
|
-0.69%
|
-$0.06
|
$8.20
|
5.85%
|
$14.61
|
-40.58%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/21/24
|
3/20/24
|
% Change
|
Change
|
2/22/24
|
% Change
|
3/23/23
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-24
|
$26.69
|
$27.26
|
-2.07%
|
-$0.56
|
$23.29
|
14.60%
|
$50.00
|
-46.62%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-24
|
$67.73
|
$68.78
|
-1.53%
|
-$1.05
|
$56.39
|
20.10%
|
$127.98
|
-47.08%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-24
|
$50.84
|
$53.54
|
-5.05%
|
-$2.71
|
$48.04
|
5.83%
|
$119.61
|
-57.50%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-24
|
$59.56
|
$62.15
|
-4.17%
|
-$2.59
|
$50.45
|
18.04%
|
$118.40
|
-49.70%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-24
|
$37.01
|
$40.31
|
-8.17%
|
-$3.29
|
$42.00
|
-11.87%
|
$114.80
|
-67.76%
|
|
|
|
Supramax Timecharter (DRY)
|
May-24
|
$73.75
|
$78.55
|
-6.11%
|
-$4.80
|
$70.89
|
4.04%
|
$134.45
|
-45.15%
|
|
|
|
Capesize Timecharter (DRY)
|
May-24
|
$8.68
|
$8.74
|
-0.69%
|
-$0.06
|
$8.20
|
5.85%
|
$14.61
|
-40.58%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/16/2024
|
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
|
-1
|
0
|
NA
|
NA
|
|
|
|
W N Central
|
0
|
-1
|
0
|
0
|
-2
|
0
|
NA
|
NA
|
|
|
|
South Atlantic
|
11
|
0
|
1
|
58
|
-30
|
-56
|
NA
|
NA
|
|
|
|
E S Central
|
0
|
-4
|
0
|
2
|
-19
|
-16
|
NA
|
NA
|
|
|
|
W S Central
|
15
|
4
|
3
|
55
|
2
|
-30
|
NA
|
NA
|
|
|
|
Mountain
|
0
|
-1
|
0
|
0
|
-7
|
0
|
NA
|
NA
|
|
|
|
Pacific
|
0
|
-1
|
0
|
0
|
-5
|
0
|
NA
|
NA
|
|
|
|
United States
|
4
|
0
|
1
|
17
|
-8
|
-15
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/16/2024
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
164
|
-49
|
-38
|
4,579
|
-734
|
16
|
-14.00%
|
0.00%
|
|
|
|
Middle Atlantic
|
141
|
-53
|
-64
|
4,228
|
-603
|
26
|
-12.00%
|
1.00%
|
|
|
|
E N Central
|
132
|
-71
|
-92
|
4,434
|
-925
|
-328
|
-17.00%
|
-7.00%
|
|
|
|
W N Central
|
126
|
-76
|
-106
|
4,657
|
-1,029
|
-792
|
-18.00%
|
-15.00%
|
|
|
|
South Atlantic
|
55
|
-34
|
-55
|
2,130
|
-338
|
20
|
-14.00%
|
1.00%
|
|
|
|
E S Central
|
77
|
-31
|
-59
|
2,701
|
-436
|
61
|
-14.00%
|
2.00%
|
|
|
|
W S Central
|
38
|
-26
|
-20
|
1,870
|
-214
|
15
|
-10.00%
|
1.00%
|
|
|
|
Mountain
|
158
|
11
|
3
|
3,916
|
-293
|
-525
|
-7.00%
|
-12.00%
|
|
|
|
Pacific
|
107
|
10
|
-7
|
2,352
|
-144
|
-415
|
-6.00%
|
-15.00%
|
|
|
|
United States
|
104
|
-36
|
-50
|
3,251
|
-498
|
-192
|
-13.00%
|
-6.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
