Prices as of 9:19 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$1.931

$1.991

-3.01%

-$0.060

54,104

 

 

WTI

$81.29

$81.93

-0.78%

-$0.64

152,981

 

 

Brent

$85.62

$87.86

-2.55%

-$2.24

17,061

 

 

ULSD

$2.522

$2.513

0.35%

$0.009

9,724

 

 

RBOB

$2.676

$2.711

-1.30%

-$0.035

15,923

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.98

$5.05

-1.39%

-$0.07

Jul-24

 

 

3:2:1 Crack

$28.74

$28.58

0.58%

$0.16

Jun-24

 

 

PJM West Spark

NA

NA

NA

NA

May-24

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

04/26/24

613

-6

-142

04/29/23

 

 

Canada

04/26/24

118

-9

25

04/29/23

 

 

International

Mar

971

13

41

Mar

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 4/23/2024

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

97,395

96,922

96,943

-21

 

 

PJM West Off Peak

85,896

85,538

85,639

-101

 

 

Natural Gas Henry Hub

370,039

348,931

356,167

-7,236

 

 

WTI – Light Sweet Crude Futures

167,796

146,921

137,793

9,128

 

 

Brent Crude Last Day

140,432

131,056

132,766

-1,710

 

 

NYM Ethanol

39,746

39,083

39,424

-341

 

 

Mt Belvieu LDH Propane Swap

156,172

155,170

155,655

-485

 

 

RBOB

416,152

387,965

400,617

-12,652

 

 

HSC Basis

836,488

827,498

830,284

-2,786

 

 

 

 

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

 

 

 

 

04/19/19

 

 

 

4/19/24

4/12/24

Net Change

% Change

4/21/23

% Change

5 Year Avg.

% Change

 

 

East

408

379

29

7.65%

390

4.62%

321

27.26%

 

 

Midwest

551

528

23

4.36%

468

17.74%

395

39.56%

 

 

Mountain

173

167

6

3.59%

90

92.22%

94

83.26%

 

 

Pacific

235

230

5

2.17%

90

161.11%

167

40.89%

 

 

South

1,057

1,029

28

2.72%

971

8.86%

813

30.08%

 

 

    Salt

309

300

9

3.00%

275

12.36%

253

22.04%

 

 

    Non_Salt

749

729

20

2.74%

695

7.77%

559

33.89%

 

 

Total

2,425

2,333

92

3.94%

2,009

20.71%

1,789

35.54%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/30/24

4/29/24

% Change

Change

4/2/24

% Change

5/1/23

% Change

 

 

PJM West On Peak

May-24

$36.39

$34.77

4.64%

$1.61

$36.60

-0.57%

$44.07

-17.43%

 

 

ERCOT North On Peak

May-24

$59.24

$42.67

38.82%

$16.57

$38.57

53.59%

$34.40

72.22%

 

 

CAISO SP 15 On Peak

May-24

$8.01

$7.65

4.67%

$0.36

$15.33

-47.76%

$27.71

-71.11%

 

 

MISO Indiana On Peak

May-24

$38.42

$36.11

6.38%

$2.30

$37.40

2.71%

$47.93

-19.85%

 

 

NEISO Mass On Peak

May-24

$29.90

$27.11

10.31%

$2.79

$29.74

0.56%

$39.26

-23.84%

 

 

WECC Mid C On Peak

May-24

$30.61

$26.60

15.08%

$4.01

$24.30

25.99%

$49.52

-38.18%

 

 

NYISO Zone G On Peak

May-24

$27.66

$27.12

1.99%

$0.54

$29.14

-5.06%

$43.82

-36.87%

 

 

 

 

 

Natural Gas & Basis

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/30/24

4/29/24

% Change

Change

4/2/24

% Change

5/1/23

% Change

 

 

NYMEX Henry Hub

Jun-24

$1.991

$2.030

-1.92%

-$0.04

$2.11

-5.42%

$3.30

-39.58%

 

 

Houston Ship Channel

Jun-24

-$0.211

-$0.237

-11.06%

$0.03

-$0.19

10.95%

-$0.38

-44.30%

 

 

Chicago

Jun-24

-$0.271

-$0.285

5.28%

$0.01

-$0.20

35.44%

-$0.23

16.54%

 

 

Waha

Jun-24

-$1.453

-$1.562

-6.95%

$0.11

-$1.19

22.47%

-$1.39

4.25%

 

 

Algonquin

Jun-24

-$0.095

-$0.083

-14.96%

-$0.01

$0.43

-121.94%

-$0.30

-68.37%

 

 

Aeco

Jun-24

-$1.116

-$1.160

-3.86%

$0.04

-$0.81

37.63%

-$1.23

-9.55%

 

 

Socal

Jun-24

-$0.397

-$0.387

2.51%

-$0.01

-$0.15

172.78%

-$0.10

311.72%

 

 

 

 

 

Natural Gas Liquids

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/30/24

4/29/24

% Change

Change

4/2/24

% Change

5/1/23

% Change

 

 

Mt. Belvieu Propane LST

May-24

$0.765

$0.782

-2.25%

-$0.02

$0.83

-7.57%

$0.69

10.16%

 

 

Mt. Belvieu Propane non LST

May-24

$0.762

$0.790

-3.48%

-$0.03

$0.83

-8.37%

$0.69

10.70%

 

 

Mt. Belview Ethane

May-24

$0.181

$0.184

-1.44%

$0.00

$0.20

-7.66%

$0.22

-16.50%

 

 

Mt. Belview Nat. Gasoline

May-24

$1.600

$1.630

-1.84%

-$0.03

$1.61

-0.77%

$1.40

13.89%

 

 

Mt. Belvieu Butane LST

May-24

$0.865

$0.883

-1.99%

-$0.02

$0.94

-8.42%

$0.78

10.25%

 

 

Far East Propane

May-24

$6.055

$6.103

-0.79%

-$0.05

$6.16

-1.71%

$4.98

21.65%

 

 

Saudi Propane

May-24

$5.788

$5.800

-0.21%

-$0.01

$5.94

-2.56%

$4.78

21.21%

 

 

 

 

Crude Oil

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/30/24

4/29/24

% Change

Change

4/2/24

% Change

5/1/23

% Change

 

 

WTI

Jun-24

$81.93

$82.63

-0.85%

-$0.70

$84.22

-2.72%

$70.85

15.64%

 

 

Brent

Jun-24

$86.70

$88.40

-1.97%

-$1.70

$88.92

-2.50%

$75.08

15.47%

 

 

WCS

Jun-24

-$12.40

-$12.50

-0.81%

$0.10

-$12.45

-0.40%

-$12.57

-1.34%

 

 

LLS

Jun-24

$84.67

$85.58

-1.08%

-$0.91

$84.53

0.17%

$72.07

17.49%

 

 

Mars

Jun-24

$82.32

$83.18

-1.05%

-$0.86

$82.25

0.09%

$68.06

20.96%

 

 

Sour

Jun-24

$82.70

$83.85

-1.38%

-$1.14

$83.28

-0.69%

$68.38

20.95%

 

 

ESPO

Jun-24

$84.70

$86.40

-2.01%

-$1.70

$86.92

-2.56%

$72.30

17.14%

 

 

 

 

Refined Products

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/30/24

4/29/24

% Change

Change

4/2/24

% Change

5/1/23

% Change

 

 

NY Heating Oil

May-24

$2.51

$2.55

-1.72%

-$0.04

$2.72

-7.70%

$2.37

5.83%

 

 

NY Gasoline

May-24

$2.70

$2.75

-1.89%

-$0.05

$2.71

-0.26%

$2.27

19.10%

 

 

GC Gasoline

May-24

$2.60

$2.65

-1.96%

-$0.05

$2.61

-0.27%

$2.17

19.98%

 

 

GC Jet

May-24

$2.47

$2.49

-0.80%

-$0.02

$2.58

-4.41%

$2.15

14.88%

 

 

Chicago Ethanol

May-24

$1.70

$1.71

-0.12%

$0.00

$1.67

1.98%

$1.64

3.90%

 

 

Rotterdam Gasoil

May-24

$728.84

$745.48

-2.23%

-$16.64

$787.47

-7.45%

$636.79

14.45%

 

 

Singapore Jet Kero

May-24

$100.11

$99.49

0.62%

$0.61

$103.66

-3.43%

$89.42

11.95%

 

 

 

 

Implied Volatilities

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/30/24

4/29/24

% Change

Change

4/2/24

% Change

5/1/23

% Change

 

 

Henry Hub Straddle

Jun-24

55.81%

51.05%

9.32%

4.76%

49.82%

12.02%

50.36%

10.82%

 

 

Algonquin Straddle

Jun-24

70.44%

67.68%

4.08%

2.76%

52.15%

35.07%

52.63%

33.84%

 

 

Waha Straddle

Jun-24

264.36%

257.30%

2.74%

7.06%

103.83%

154.61%

66.41%

298.07%

 

 

Chicago Straddle

Jun-24

64.54%

60.50%

6.68%

4.04%

52.28%

23.45%

50.34%

28.21%

 

 

PJM West Straddle

Jun-24

60.22%

85.88%

-29.88%

-25.66%

49.12%

22.60%

46.28%

30.12%

 

 

SP – 15 Straddle

Jun-24

84.64%

90.65%

-6.63%

-6.01%

19.73%

328.99%

49.05%

72.56%

 

 

Mid. C Straddle

Jun-24

160.30%

51.03%

214.13%

109.27%

207.19%

-22.63%

79.38%

101.94%

 

 

 

 

Euro Gas and Power/LNG

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/30/24

4/29/24

% Change

Change

4/2/24

% Change

5/1/23

% Change

 

 

Dutch TTF

Jun-24

EUR 29.37

EUR 28.25

3.97%

EUR 1.12

EUR 26.47

10.97%

EUR 55.37

-46.96%

 

 

NBP

Jun-24

GBP 72.35

GBP 69.20

4.55%

GBP 3.15

GBP 64.82

11.62%

GBP 139.33

-48.08%

 

 

German Base

Jun-24

EUR 67.24

EUR 64.80

3.77%

EUR 2.44

EUR 56.77

18.45%

EUR 123.54

-45.57%

 

 

UK Base

Jun-24

GBP 63.62

GBP 60.79

4.65%

GBP 2.83

GBP 58.92

7.97%

GBP 127.90

-50.26%

 

 

French Base

Jun-24

EUR 38.42

EUR 34.98

9.85%

EUR 3.45

EUR 45.00

-14.62%

EUR 114.03

-66.30%

 

 

Italian Base

Jun-24

EUR 88.31

EUR 85.31

3.52%

EUR 3.00

EUR 81.75

8.03%

EUR 140.62

-37.20%

 

 

JKM LNG

Jun-24

$10.31

$9.88

4.37%

$0.43

$9.41

9.60%

$16.24

-36.49%

 

 

 

 

Freight Forwards (WET & DRY)

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/30/24

4/29/24

% Change

Change

4/2/24

% Change

5/1/23

% Change

 

 

TD3C FFA Middle East to China (WET)

Jun-24

$29.37

$28.25

3.97%

$1.12

$26.47

10.97%

$55.37

-46.96%

 

 

USGC-UK Continent Dirty (WET)

Jun-24

$72.35

$69.20

4.55%

$3.15

$64.82

11.62%

$139.33

-48.08%

 

 

TD20 West Africa to UK Continent (WET)

Jun-24

$67.24

$64.80

3.77%

$2.44

$56.77

18.45%

$123.54

-45.57%

 

 

LPG FFA Middle East Gulf to East (WET)

Jun-24

$63.62

$60.79

4.65%

$2.83

$58.92

7.97%

$127.90

-50.26%

 

 

TC5 FFA Arabian Gulf to Japan (WET)

Jun-24

$38.42

$34.98

9.85%

$3.45

$45.00

-14.62%

$114.03

-66.30%

 

 

Supramax Timecharter (DRY)

Jun-24

$88.31

$85.31

3.52%

$3.00

$81.75

8.03%

$140.62

-37.20%

 

 

Capesize Timecharter (DRY)

Jun-24

$10.31

$9.88

4.37%

$0.43

$9.41

9.60%

$16.24

-36.49%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

04/27/2024

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

-2

NA

NA

 

 

Middle Atlantic

0

0

0

0

0

-9

NA

NA

 

 

E N Central

0

0

0

1

0

-3

NA

NA

 

 

W N Central

0

-2

0

7

0

3

NA

NA

 

 

South Atlantic

15

-5

-6

149

-25

-90

-14.00%

-38.00%

 

 

E S Central

6

-1

6

40

-12

-7

NA

NA

 

 

W S Central

32

4

15

195

34

-17

21.00%

-8.00%

 

 

Mountain

9

-2

0

18

-26

-3

NA

NA

 

 

Pacific

0

-4

0

0

-18

0

NA

NA

 

 

United States

7

-3

1

54

-6

-21

NA

NA

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

04/27/2024

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

139

24

24

5,493

-762

120

-12.00%

2.00%

 

 

Middle Atlantic

113

18

20

5,009

-642

142

-11.00%

3.00%

 

 

E N Central

109

11

-33

5,228

-977

-339

-16.00%

-6.00%

 

 

W N Central

88

0

-59

5,456

-1,038

-893

-16.00%

-14.00%

 

 

South Atlantic

45

14

7

2,426

-363

44

-13.00%

2.00%

 

 

E S Central

50

12

-18

3,055

-471

39

-13.00%

1.00%

 

 

W S Central

22

9

-15

2,053

-223

-28

-10.00%

-1.00%

 

 

Mountain

73

-13

-26

4,603

-281

-655

-6.00%

-12.00%

 

 

Pacific

66

5

29

2,868

-93

-497

-3.00%

-15.00%

 

 

United States

75

9

-4

3,812

-512

-202

-12.00%

-5.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

 

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