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Prices as of 10:33 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.276
|
$3.515
|
-6.80%
|
-$0.239
|
104,088
|
|
|
WTI
|
$81.49
|
$80.51
|
1.22%
|
$0.98
|
149,516
|
|
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Brent
|
$85.71
|
$84.89
|
0.97%
|
$0.82
|
15,832
|
|
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ULSD
|
$2.938
|
$2.924
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0.50%
|
$0.015
|
19,632
|
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RBOB
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$2.239
|
$2.201
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1.74%
|
$0.038
|
14,536
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Spreads
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Current
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Previous
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% Change
|
Change
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Contract
|
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WTI-Brent
|
$4.52
|
$4.66
|
-3.00%
|
-$0.14
|
Jan-24
|
|
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3:2:1 Crack
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$21.57
|
$21.26
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1.46%
|
$0.31
|
Dec-23
|
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PJM West Spark
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$46.94
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$43.88
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6.99%
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$3.07
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Dec-23
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Baker Hughes Rig Count
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Date
|
Count
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Change
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1 Year Chg.
|
1 Year Date
|
|
|
U.S.
|
11/03/23
|
618
|
-7
|
-152
|
11/04/22
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Canada
|
11/03/23
|
196
|
0
|
-13
|
11/04/22
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International
|
Oct
|
962
|
22
|
51
|
Oct
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CFTC Net Positions
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As of 10/31/2023
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Open Interest
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Total Net Long
|
Total Net Short
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Diff
|
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PJM West On Peak
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97,372
|
97,113
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97,029
|
84
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PJM West Off Peak
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86,303
|
85,827
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85,744
|
83
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Natural Gas Henry Hub
|
402,862
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379,416
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391,700
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-12,284
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WTI – Light Sweet Crude Futures
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164,257
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143,396
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120,646
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22,750
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Brent Crude Last Day
|
140,176
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129,726
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132,573
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-2,847
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NYM Ethanol
|
43,317
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42,797
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42,689
|
108
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Mt Belvieu LDH Propane Swap
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160,450
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159,956
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160,012
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-56
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RBOB
|
314,944
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289,976
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298,499
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-8,523
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HSC Basis
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678,641
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673,328
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670,730
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2,598
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EIA Short Term Energy Outlook
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2021
|
2022
|
2023projected
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2024projected
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Brent
|
$70.89
|
$100.94
|
$84.09
|
$94.91
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Gasoline
|
$3.02
|
$3.97
|
$3.62
|
$3.69
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Crude Oil Production
|
11.27
|
11.91
|
12.92
|
13.12
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Natural Gas Spot
|
$3.91
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$6.42
|
$2.61
|
$3.23
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LNG Exports
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9.76
|
10.59
|
11.62
|
13.15
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Electrical Generation %
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2021
|
2022
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2023projected
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2024projected
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Natural gas
|
37.00%
|
39.00%
|
42.00%
|
41.00%
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Coal
|
23.00%
|
20.00%
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16.00%
|
15.00%
|
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Renewables
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20.00%
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22.00%
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22.00%
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25.00%
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Nuclear
|
20.00%
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19.00%
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19.00%
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20.00%
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Short Term Energy Outlook
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EIA Lower 48 Natural Gas Storage
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|
11/02/18
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10/27/23
|
10/20/23
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Net Change
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% Change
|
10/28/22
|
% Change
|
5 Year Avg.
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% Change
|
|
|
East
|
925
|
908
|
17
|
1.87%
|
848
|
9.08%
|
891
|
3.77%
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Midwest
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1,100
|
1,075
|
25
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2.33%
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1,042
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5.57%
|
1,064
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3.36%
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Mountain
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255
|
252
|
3
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1.19%
|
204
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25.00%
|
209
|
21.89%
|
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Pacific
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285
|
283
|
2
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0.71%
|
247
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15.38%
|
276
|
3.26%
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South
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1,214
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1,182
|
32
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2.71%
|
1,160
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4.66%
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1,153
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5.33%
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Salt
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313
|
299
|
14
|
4.68%
|
299
|
4.68%
|
305
|
2.76%
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Non_Salt
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901
|
883
|
18
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2.04%
|
861
|
4.65%
|
848
|
6.25%
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Total
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3,779
|
3,700
|
79
|
2.14%
|
3,501
|
7.94%
|
3,594
|
5.16%
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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
|
11/3/23
|
11/2/23
|
% Change
|
Change
|
10/6/23
|
% Change
|
11/4/22
|
% Change
|
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PJM West On Peak
|
Dec-23
|
$53.95
|
$51.40
|
4.98%
|
$2.56
|
$52.96
|
1.87%
|
$71.55
|
-24.59%
|
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ERCOT North On Peak
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Dec-23
|
$49.68
|
$47.41
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4.79%
|
$2.27
|
$51.66
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-3.85%
|
$51.70
|
-3.91%
|
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CAISO SP 15 On Peak
|
Dec-23
|
$97.31
|
$91.99
|
5.78%
|
$5.32
|
$99.50
|
-2.20%
|
$84.40
|
15.30%
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MISO Indiana On Peak
|
Dec-23
|
$51.10
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$48.78
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4.77%
|
$2.32
|
$50.71
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0.77%
|
$70.30
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-27.31%
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NEISO Mass On Peak
|
Dec-23
|
$72.51
|
$69.58
|
4.22%
|
$2.93
|
$93.85
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-22.73%
|
$154.35
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-53.02%
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WECC Mid C On Peak
|
Dec-23
|
$142.51
|
$139.49
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2.16%
|
$3.02
|
$139.46
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2.19%
|
$110.21
|
29.31%
|
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NYISO Zone G On Peak
|
Dec-23
|
$59.02
|
$56.55
|
4.37%
|
$2.47
|
$71.82
|
-17.82%
|
$88.49
|
-33.30%
|
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Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
11/3/23
|
11/2/23
|
% Change
|
Change
|
10/6/23
|
% Change
|
11/4/22
|
% Change
|
|
|
NYMEX Henry Hub
|
Dec-23
|
$3.515
|
$3.472
|
1.24%
|
$0.04
|
$3.64
|
-3.46%
|
$5.77
|
-39.09%
|
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Houston Ship Channel
|
Dec-23
|
-$0.345
|
-$0.340
|
1.59%
|
-$0.01
|
-$0.17
|
108.64%
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-$0.28
|
22.17%
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Chicago
|
Dec-23
|
$0.201
|
$0.266
|
32.52%
|
-$0.07
|
$0.35
|
-42.62%
|
$0.13
|
53.98%
|
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Waha
|
Dec-23
|
-$0.710
|
-$0.720
|
-1.31%
|
$0.01
|
-$0.36
|
96.43%
|
-$1.35
|
-47.43%
|
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Algonquin
|
Dec-23
|
$4.039
|
$4.249
|
-4.92%
|
-$0.21
|
$6.22
|
-35.10%
|
$14.41
|
-71.97%
|
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Aeco
|
Dec-23
|
-$1.083
|
-$1.262
|
-14.21%
|
$0.18
|
-$1.22
|
-11.08%
|
-$1.86
|
-41.90%
|
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Socal
|
Dec-23
|
$4.956
|
$4.818
|
2.87%
|
$0.14
|
$5.68
|
-12.79%
|
$1.56
|
218.11%
|
|
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Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
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|
Contract
|
11/3/23
|
11/2/23
|
% Change
|
Change
|
10/6/23
|
% Change
|
11/4/22
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Dec-23
|
$0.643
|
$0.653
|
-1.53%
|
-$0.01
|
$0.69
|
-6.89%
|
$0.91
|
-29.08%
|
|
|
Mt. Belvieu Propane non LST
|
Dec-23
|
$0.641
|
$0.650
|
-1.45%
|
-$0.01
|
$0.69
|
-7.44%
|
$0.89
|
-28.39%
|
|
|
Mt. Belview Ethane
|
Dec-23
|
$0.261
|
$0.263
|
-0.48%
|
$0.00
|
$0.29
|
-8.72%
|
$0.31
|
-15.40%
|
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|
Mt. Belview Nat. Gasoline
|
Dec-23
|
$1.512
|
$1.520
|
-0.50%
|
-$0.01
|
$1.53
|
-1.32%
|
$1.63
|
-7.12%
|
|
|
Mt. Belvieu Butane LST
|
Dec-23
|
$0.848
|
$0.874
|
-2.98%
|
-$0.03
|
$0.82
|
3.20%
|
$0.96
|
-11.38%
|
|
|
Far East Propane
|
Dec-23
|
$7.114
|
$7.167
|
-0.73%
|
-$0.05
|
$6.50
|
9.52%
|
$6.00
|
18.60%
|
|
|
Saudi Propane
|
Dec-23
|
$6.050
|
$6.012
|
0.64%
|
$0.04
|
$5.87
|
3.07%
|
$5.59
|
8.27%
|
|
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|
|
|
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|
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|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
11/3/23
|
11/2/23
|
% Change
|
Change
|
10/6/23
|
% Change
|
11/4/22
|
% Change
|
|
|
WTI
|
Dec-23
|
$80.51
|
$82.46
|
-2.42%
|
-$1.95
|
$81.28
|
-0.95%
|
$80.80
|
-0.36%
|
|
|
Brent
|
Dec-23
|
$85.14
|
$87.16
|
-2.36%
|
-$2.01
|
$84.58
|
0.67%
|
$86.73
|
-1.83%
|
|
|
WCS
|
Dec-23
|
-$28.98
|
-$25.27
|
12.79%
|
-$3.71
|
-$22.43
|
29.21%
|
-$22.05
|
31.44%
|
|
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LLS
|
Dec-23
|
$82.76
|
$84.39
|
-1.97%
|
-$1.63
|
$81.72
|
1.28%
|
$82.38
|
0.47%
|
|
|
Mars
|
Dec-23
|
$79.42
|
$76.38
|
3.83%
|
$3.04
|
$78.50
|
1.17%
|
$78.86
|
0.71%
|
|
|
Sour
|
Dec-23
|
$80.27
|
$82.05
|
-2.21%
|
-$1.78
|
$79.82
|
0.57%
|
$77.90
|
3.04%
|
|
|
ESPO
|
Dec-23
|
$83.14
|
$85.16
|
-2.42%
|
-$2.01
|
$82.58
|
0.68%
|
$82.94
|
0.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
11/3/23
|
11/2/23
|
% Change
|
Change
|
10/6/23
|
% Change
|
11/4/22
|
% Change
|
|
|
NY Heating Oil
|
Dec-23
|
$2.92
|
$3.01
|
-3.05%
|
-$0.09
|
$2.83
|
3.21%
|
$3.01
|
-2.86%
|
|
|
NY Gasoline
|
Dec-23
|
$2.20
|
$2.21
|
-0.54%
|
-$0.01
|
$2.16
|
1.85%
|
$2.33
|
-5.37%
|
|
|
GC Gasoline
|
Dec-23
|
$2.10
|
$2.11
|
-0.57%
|
-$0.01
|
$2.06
|
1.94%
|
$2.23
|
-5.61%
|
|
|
GC Jet
|
Dec-23
|
$2.80
|
$2.88
|
-2.95%
|
-$0.08
|
$2.58
|
8.28%
|
$2.89
|
-3.18%
|
|
|
Chicago Ethanol
|
Dec-23
|
$1.83
|
$1.78
|
2.58%
|
$0.05
|
$1.89
|
-3.38%
|
$2.19
|
-16.58%
|
|
|
Rotterdam Gasoil
|
Dec-23
|
$799.27
|
$818.14
|
-2.31%
|
-$18.88
|
$779.31
|
2.56%
|
$819.88
|
-2.51%
|
|
|
Singapore Jet Kero
|
Dec-23
|
$111.22
|
$109.19
|
1.86%
|
$2.03
|
$106.87
|
4.07%
|
$103.63
|
7.33%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
11/3/23
|
11/2/23
|
% Change
|
Change
|
10/6/23
|
% Change
|
11/4/22
|
% Change
|
|
|
Henry Hub Straddle
|
Dec-23
|
63.92%
|
63.03%
|
1.41%
|
0.89%
|
63.68%
|
0.38%
|
56.36%
|
13.41%
|
|
|
Algonquin Straddle
|
Dec-23
|
85.11%
|
86.17%
|
-1.23%
|
-1.06%
|
76.38%
|
11.43%
|
89.96%
|
-5.39%
|
|
|
Waha Straddle
|
Dec-23
|
78.46%
|
77.58%
|
1.13%
|
0.88%
|
70.85%
|
10.74%
|
64.21%
|
22.19%
|
|
|
Chicago Straddle
|
Dec-23
|
65.36%
|
64.23%
|
1.76%
|
1.13%
|
70.08%
|
-6.74%
|
58.74%
|
11.27%
|
|
|
PJM West Straddle
|
Dec-23
|
65.99%
|
68.07%
|
-3.06%
|
-2.08%
|
66.02%
|
-0.05%
|
58.24%
|
13.31%
|
|
|
SP – 15 Straddle
|
Dec-23
|
269.85%
|
291.91%
|
-7.56%
|
-22.06%
|
124.69%
|
116.42%
|
64.18%
|
320.46%
|
|
|
Mid. C Straddle
|
Dec-23
|
298.67%
|
357.49%
|
-16.45%
|
-58.82%
|
201.06%
|
48.55%
|
83.57%
|
257.39%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
11/3/23
|
11/2/23
|
% Change
|
Change
|
10/6/23
|
% Change
|
11/4/22
|
% Change
|
|
|
Dutch TTF
|
Dec-23
|
EUR 47.96
|
EUR 49.09
|
-2.30%
|
-EUR 1.13
|
EUR 42.67
|
12.40%
|
EUR 125.41
|
-61.76%
|
|
|
NBP
|
Dec-23
|
GBP 122.64
|
GBP 125.59
|
-2.35%
|
-GBP 2.95
|
GBP 110.58
|
10.91%
|
GBP 329.61
|
-62.79%
|
|
|
German Base
|
Dec-23
|
EUR 96.15
|
EUR 98.00
|
-1.88%
|
-EUR 1.85
|
EUR 105.19
|
-8.59%
|
EUR 459.74
|
-79.08%
|
|
|
UK Base
|
Dec-23
|
GBP 99.32
|
GBP 99.03
|
0.29%
|
GBP 0.29
|
GBP 101.34
|
-1.99%
|
GBP 296.93
|
-66.55%
|
|
|
French Base
|
Dec-23
|
EUR 101.61
|
EUR 104.00
|
-2.30%
|
-EUR 2.39
|
EUR 113.25
|
-10.28%
|
EUR 544.59
|
-81.34%
|
|
|
Italian Base
|
Dec-23
|
EUR 131.95
|
EUR 136.83
|
-3.57%
|
-EUR 4.88
|
EUR 128.09
|
3.01%
|
EUR 278.42
|
-52.61%
|
|
|
JKM LNG
|
Dec-23
|
$17.23
|
$17.08
|
0.88%
|
$0.15
|
$13.85
|
24.38%
|
$32.57
|
-47.11%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
11/3/23
|
11/2/23
|
% Change
|
Change
|
10/6/23
|
% Change
|
11/4/22
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Dec-23
|
$47.96
|
$49.09
|
-2.30%
|
-$1.13
|
$42.67
|
12.40%
|
$125.41
|
-61.76%
|
|
|
USGC-UK Continent Dirty (WET)
|
Dec-23
|
$122.64
|
$125.59
|
-2.35%
|
-$2.95
|
$110.58
|
10.91%
|
$329.61
|
-62.79%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Dec-23
|
$96.15
|
$98.00
|
-1.88%
|
-$1.85
|
$105.19
|
-8.59%
|
$459.74
|
-79.08%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Dec-23
|
$99.32
|
$99.03
|
0.29%
|
$0.29
|
$101.34
|
-1.99%
|
$296.93
|
-66.55%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Dec-23
|
$101.61
|
$104.00
|
-2.30%
|
-$2.39
|
$113.25
|
-10.28%
|
$544.59
|
-81.34%
|
|
|
Supramax Timecharter (DRY)
|
Dec-23
|
$131.95
|
$136.83
|
-3.57%
|
-$4.88
|
$128.09
|
3.01%
|
$278.42
|
-52.61%
|
|
|
Capesize Timecharter (DRY)
|
Dec-23
|
$17.23
|
$17.08
|
0.88%
|
$0.15
|
$13.85
|
24.38%
|
$32.57
|
-47.11%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/04/2023
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
0
|
0
|
0
|
551
|
134
|
-101
|
32.00%
|
-15.00%
|
|
|
Middle Atlantic
|
0
|
0
|
0
|
698
|
42
|
-157
|
6.00%
|
-18.00%
|
|
|
E N Central
|
0
|
0
|
0
|
664
|
-45
|
-162
|
-6.00%
|
-20.00%
|
|
|
W N Central
|
0
|
0
|
0
|
1,057
|
130
|
-34
|
14.00%
|
-3.00%
|
|
|
South Atlantic
|
18
|
1
|
-6
|
1,989
|
104
|
-92
|
6.00%
|
-4.00%
|
|
|
E S Central
|
3
|
0
|
3
|
1,630
|
90
|
-82
|
6.00%
|
-5.00%
|
|
|
W S Central
|
4
|
-10
|
-16
|
2,901
|
486
|
42
|
20.00%
|
1.00%
|
|
|
Mountain
|
3
|
-1
|
2
|
1,245
|
4
|
-139
|
0.00%
|
-10.00%
|
|
|
Pacific
|
0
|
-2
|
0
|
695
|
-5
|
-280
|
-1.00%
|
-29.00%
|
|
|
United States
|
4
|
-1
|
-2
|
1,289
|
92
|
-125
|
8.00%
|
-9.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/04/2023
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
153
|
14
|
56
|
540
|
-198
|
-35
|
-27.00%
|
-6.00%
|
|
|
Middle Atlantic
|
131
|
7
|
50
|
470
|
-129
|
-24
|
-22.00%
|
-5.00%
|
|
|
E N Central
|
170
|
33
|
90
|
586
|
-75
|
-12
|
-11.00%
|
-2.00%
|
|
|
W N Central
|
202
|
57
|
115
|
605
|
-88
|
21
|
-13.00%
|
4.00%
|
|
|
South Atlantic
|
67
|
9
|
33
|
201
|
-22
|
-30
|
-10.00%
|
-13.00%
|
|
|
E S Central
|
107
|
30
|
70
|
252
|
-39
|
-50
|
-13.00%
|
-17.00%
|
|
|
W S Central
|
90
|
49
|
62
|
144
|
27
|
34
|
23.00%
|
31.00%
|
|
|
Mountain
|
132
|
12
|
0
|
479
|
-135
|
7
|
-22.00%
|
1.00%
|
|
|
Pacific
|
46
|
-21
|
-39
|
237
|
-97
|
19
|
-29.00%
|
9.00%
|
|
|
United States
|
112
|
17
|
44
|
366
|
-73
|
-7
|
-17.00%
|
-2.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|