Prices as of 8:19 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$2.204

$2.187

0.78%

$0.017

25,975

 

 

WTI

$79.44

$78.99

0.57%

$0.45

81,657

 

 

Brent

$83.94

$83.58

0.43%

$0.36

8,834

 

 

ULSD

$2.500

$2.476

0.98%

$0.024

9,620

 

 

RBOB

$2.555

$2.532

0.92%

$0.023

8,301

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.96

$5.02

-1.20%

-$0.06

Jul-24

 

 

3:2:1 Crack

$27.10

$26.54

2.14%

$0.57

Jun-24

 

 

PJM West Spark

$35.77

$37.23

-3.93%

-$1.46

Jun-24

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

05/03/24

605

-8

-143

05/06/23

 

 

Canada

05/03/24

120

2

27

05/06/23

 

 

International

Apr

978

7

31

Apr

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 4/30/2024

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

100,742

100,252

100,285

-33

 

 

PJM West Off Peak

88,331

87,972

88,084

-112

 

 

Natural Gas Henry Hub

355,799

335,706

342,298

-6,592

 

 

WTI – Light Sweet Crude Futures

173,697

155,383

145,448

9,935

 

 

Brent Crude Last Day

142,623

133,354

134,137

-783

 

 

NYM Ethanol

40,165

39,510

39,833

-323

 

 

Mt Belvieu LDH Propane Swap

160,721

159,696

160,154

-458

 

 

RBOB

415,591

388,197

400,117

-11,920

 

 

HSC Basis

852,306

843,730

846,984

-3,254

 

 

 

 

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

 

 

 

 

04/26/19

 

 

 

4/26/24

4/19/24

Net Change

% Change

4/28/23

% Change

5 Year Avg.

% Change

 

 

East

425

408

17

4.17%

410

3.66%

340

25.15%

 

 

Midwest

564

551

13

2.36%

481

17.26%

413

36.43%

 

 

Mountain

182

173

9

5.20%

95

91.58%

99

83.10%

 

 

Pacific

240

235

5

2.13%

100

140.00%

176

36.36%

 

 

South

1,073

1,057

16

1.51%

977

9.83%

845

26.92%

 

 

    Salt

314

309

5

1.62%

278

12.95%

266

18.05%

 

 

    Non_Salt

759

749

10

1.34%

699

8.58%

579

31.00%

 

 

Total

2,484

2,425

59

2.43%

2,063

20.41%

1,874

32.56%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

5/8/24

5/7/24

% Change

Change

4/10/24

% Change

5/9/23

% Change

 

 

PJM West On Peak

Jun-24

$40.48

$41.91

-3.41%

-$1.43

$43.14

-6.15%

$45.45

-10.93%

 

 

ERCOT North On Peak

Jun-24

$80.53

$87.91

-8.39%

-$7.38

$62.68

28.48%

$45.59

76.66%

 

 

CAISO SP 15 On Peak

Jun-24

$28.00

$29.42

-4.82%

-$1.42

$28.00

0.00%

$53.12

-47.29%

 

 

MISO Indiana On Peak

Jun-24

$42.59

$44.29

-3.85%

-$1.70

$45.62

-6.66%

$48.54

-12.27%

 

 

NEISO Mass On Peak

Jun-24

$37.58

$37.03

1.51%

$0.56

$40.26

-6.65%

$45.75

-17.85%

 

 

WECC Mid C On Peak

Jun-24

$45.59

$45.75

-0.35%

-$0.16

$44.29

2.93%

$54.08

-15.69%

 

 

NYISO Zone G On Peak

Jun-24

$34.82

$35.25

-1.23%

-$0.44

$39.52

-11.91%

$46.10

-24.48%

 

 

 

 

 

Natural Gas & Basis

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

5/8/24

5/7/24

% Change

Change

4/10/24

% Change

5/9/23

% Change

 

 

NYMEX Henry Hub

Jun-24

$2.187

$2.207

-0.91%

-$0.02

$2.07

5.45%

$3.21

-31.83%

 

 

Houston Ship Channel

Jun-24

-$0.239

-$0.228

4.96%

-$0.01

-$0.25

-4.28%

-$0.41

-41.73%

 

 

Chicago

Jun-24

-$0.272

-$0.276

1.55%

$0.00

-$0.23

20.27%

-$0.26

3.98%

 

 

Waha

Jun-24

-$1.501

-$1.565

-4.09%

$0.06

-$1.55

-3.02%

-$1.39

8.12%

 

 

Algonquin

Jun-24

-$0.194

-$0.177

-10.07%

-$0.02

$0.14

-236.88%

-$0.26

-25.85%

 

 

Aeco

Jun-24

-$1.187

-$1.213

-2.11%

$0.03

-$0.99

20.44%

-$1.27

-6.39%

 

 

Socal

Jun-24

-$0.350

-$0.358

-2.18%

$0.01

-$0.20

74.59%

-$0.09

284.21%

 

 

 

 

 

Natural Gas Liquids

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

5/8/24

5/7/24

% Change

Change

4/10/24

% Change

5/9/23

% Change

 

 

Mt. Belvieu Propane LST

Jun-24

$0.705

$0.677

4.14%

$0.03

$0.81

-12.55%

$0.67

4.89%

 

 

Mt. Belvieu Propane non LST

Jun-24

$0.699

$0.689

1.45%

$0.01

$0.81

-13.74%

$0.67

4.34%

 

 

Mt. Belview Ethane

Jun-24

$0.189

$0.189

0.01%

$0.00

$0.20

-5.02%

$0.22

-14.70%

 

 

Mt. Belview Nat. Gasoline

Jun-24

$1.511

$1.512

-0.08%

$0.00

$1.61

-6.25%

$1.37

9.99%

 

 

Mt. Belvieu Butane LST

Jun-24

$0.787

$0.768

2.50%

$0.02

$0.92

-14.91%

$0.79

0.22%

 

 

Far East Propane

Jun-24

$5.879

$5.931

-0.88%

-$0.05

$5.99

-1.85%

$4.99

17.87%

 

 

Saudi Propane

Jun-24

$5.400

$5.420

-0.37%

-$0.02

$5.75

-6.11%

$4.78

12.95%

 

 

 

 

Crude Oil

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

5/8/24

5/7/24

% Change

Change

4/10/24

% Change

5/9/23

% Change

 

 

WTI

Jun-24

$78.99

$78.38

0.77%

$0.61

$85.44

-7.55%

$69.75

13.25%

 

 

Brent

Jun-24

$83.88

$83.40

0.57%

$0.48

$90.48

-7.30%

$74.12

13.17%

 

 

WCS

Jun-24

-$11.77

-$11.81

-0.38%

$0.05

-$12.13

-3.03%

-$12.82

-8.22%

 

 

LLS

Jun-24

$80.59

$80.81

-0.28%

-$0.22

$87.06

-7.43%

$69.33

16.25%

 

 

Mars

Jun-24

$78.53

$78.71

-0.23%

-$0.18

$84.91

-7.51%

$66.44

18.20%

 

 

Sour

Jun-24

$79.11

$79.18

-0.08%

-$0.06

$85.99

-8.00%

$66.63

18.74%

 

 

ESPO

Jun-24

$81.88

$81.40

0.59%

$0.48

$88.48

-7.46%

$70.25

16.55%

 

 

 

 

Refined Products

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

5/8/24

5/7/24

% Change

Change

4/10/24

% Change

5/9/23

% Change

 

 

NY Heating Oil

Jun-24

$2.48

$2.46

0.81%

$0.02

$2.71

-8.49%

$2.36

5.13%

 

 

NY Gasoline

Jun-24

$2.50

$2.54

-1.54%

-$0.04

$2.76

-9.32%

$2.21

12.97%

 

 

GC Gasoline

Jun-24

$2.40

$2.44

-1.60%

-$0.04

$2.66

-9.67%

$2.11

13.58%

 

 

GC Jet

Jun-24

$2.40

$2.41

-0.29%

-$0.01

$2.59

-7.14%

$2.19

9.67%

 

 

Chicago Ethanol

Jun-24

$1.80

$1.77

1.53%

$0.03

$1.76

1.81%

$1.68

6.71%

 

 

Rotterdam Gasoil

Jun-24

$721.98

$718.49

0.49%

$3.49

$774.46

-6.78%

$628.10

14.95%

 

 

Singapore Jet Kero

Jun-24

$95.46

$95.70

-0.25%

-$0.24

$105.21

-9.27%

$89.07

7.18%

 

 

 

 

Implied Volatilities

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

5/8/24

5/7/24

% Change

Change

4/10/24

% Change

5/9/23

% Change

 

 

Henry Hub Straddle

Jun-24

54.02%

54.43%

-0.75%

-0.41%

52.86%

2.19%

47.68%

13.30%

 

 

Algonquin Straddle

Jun-24

61.02%

63.46%

-3.84%

-2.44%

72.40%

-15.72%

50.22%

21.51%

 

 

Waha Straddle

Jun-24

230.24%

236.18%

-2.52%

-5.94%

138.63%

66.08%

61.45%

274.68%

 

 

Chicago Straddle

Jun-24

63.78%

64.95%

-1.80%

-1.17%

53.39%

19.46%

48.31%

32.02%

 

 

PJM West Straddle

Jun-24

56.40%

59.08%

-4.54%

-2.68%

56.82%

-0.74%

45.23%

24.70%

 

 

SP – 15 Straddle

Jun-24

39.23%

41.29%

-4.99%

-2.06%

82.84%

-52.64%

43.28%

-9.36%

 

 

Mid. C Straddle

Jun-24

168.77%

77.34%

118.22%

91.43%

244.00%

-30.83%

75.91%

122.33%

 

 

 

 

Euro Gas and Power/LNG

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

5/8/24

5/7/24

% Change

Change

4/10/24

% Change

5/9/23

% Change

 

 

Dutch TTF

Jun-24

EUR 30.69

EUR 30.71

-0.05%

-EUR 0.01

EUR 27.55

11.40%

EUR 52.65

-41.71%

 

 

NBP

Jun-24

GBP 75.05

GBP 74.91

0.19%

GBP 0.14

GBP 67.57

11.07%

GBP 134.07

-44.02%

 

 

German Base

Jun-24

EUR 70.26

EUR 69.84

0.60%

EUR 0.42

EUR 62.59

12.26%

EUR 121.37

-42.11%

 

 

UK Base

Jun-24

GBP 65.94

GBP 65.38

0.85%

GBP 0.56

GBP 60.60

8.82%

GBP 120.56

-45.30%

 

 

French Base

Jun-24

EUR 46.49

EUR 48.23

-3.61%

-EUR 1.74

EUR 40.42

15.01%

EUR 117.58

-60.46%

 

 

Italian Base

Jun-24

EUR 91.28

EUR 92.33

-1.14%

-EUR 1.05

EUR 84.90

7.52%

EUR 132.82

-31.27%

 

 

JKM LNG

Jun-24

$10.35

$10.20

1.45%

$0.15

$9.68

6.93%

$15.69

-34.04%

 

 

 

 

Freight Forwards (WET & DRY)

 

OTCGH/EOXLive Market Data

 

 

 

Contract

5/8/24

5/7/24

% Change

Change

4/10/24

% Change

5/9/23

% Change

 

 

TD3C FFA Middle East to China (WET)

Jun-24

$30.69

$30.71

-0.05%

-$0.01

$27.55

11.40%

$52.65

-41.71%

 

 

USGC-UK Continent Dirty (WET)

Jun-24

$75.05

$74.91

0.19%

$0.14

$67.57

11.07%

$134.07

-44.02%

 

 

TD20 West Africa to UK Continent (WET)

Jun-24

$70.26

$69.84

0.60%

$0.42

$62.59

12.26%

$121.37

-42.11%

 

 

LPG FFA Middle East Gulf to East (WET)

Jun-24

$65.94

$65.38

0.85%

$0.56

$60.60

8.82%

$120.56

-45.30%

 

 

TC5 FFA Arabian Gulf to Japan (WET)

Jun-24

$46.49

$48.23

-3.61%

-$1.74

$40.42

15.01%

$117.58

-60.46%

 

 

Supramax Timecharter (DRY)

Jun-24

$91.28

$92.33

-1.14%

-$1.05

$84.90

7.52%

$132.82

-31.27%

 

 

Capesize Timecharter (DRY)

Jun-24

$10.35

$10.20

1.45%

$0.15

$9.68

6.93%

$15.69

-34.04%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

05/04/2024

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

5

4

5

5

4

-4

NA

NA

 

 

E N Central

4

2

4

4

0

1

NA

NA

 

 

W N Central

2

-3

1

9

-3

4

NA

NA

 

 

South Atlantic

41

16

21

190

-9

-67

-5.00%

-26.00%

 

 

E S Central

41

27

39

82

16

32

NA

NA

 

 

W S Central

55

19

29

250

53

5

27.00%

2.00%

 

 

Mountain

9

-4

-5

27

-30

-6

NA

NA

 

 

Pacific

0

-6

-1

0

-24

-1

NA

NA

 

 

United States

18

6

10

72

-1

-11

NA

NA

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

05/04/2024

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

79

-19

-30

5,572

-780

92

-12.00%

2.00%

 

 

Middle Atlantic

40

-39

-68

5,049

-681

77

-12.00%

2.00%

 

 

E N Central

29

-54

-90

5,257

-1,031

-422

-16.00%

-7.00%

 

 

W N Central

65

-8

-29

5,521

-1,046

-916

-16.00%

-14.00%

 

 

South Atlantic

6

-18

-34

2,432

-382

8

-14.00%

0.00%

 

 

E S Central

3

-27

-51

3,058

-498

-15

-14.00%

0.00%

 

 

W S Central

2

-7

-19

2,055

-230

-43

-10.00%

-2.00%

 

 

Mountain

80

5

31

4,683

-276

-624

-6.00%

-12.00%

 

 

Pacific

63

8

5

2,931

-84

-505

-3.00%

-15.00%

 

 

United States

35

-20

-36

3,848

-531

-238

-12.00%

-6.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

 

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