Prices as of 8:22 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$3.093

$3.109

-0.51%

-$0.016

26,426

 

 

WTI

$86.57

$86.66

-0.10%

-$0.09

48,017

 

 

Brent

$89.63

$89.65

-0.02%

-$0.02

7,098

 

 

ULSD

$3.110

$3.149

-1.24%

-$0.039

6,509

 

 

RBOB

$2.276

$2.273

0.12%

$0.003

5,117

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.40

$4.39

0.23%

$0.01

Dec-23

 

 

3:2:1 Crack

$20.25

$20.54

-1.43%

-$0.29

Nov-23

 

 

PJM West Spark

$37.30

$37.63

-0.90%

-$0.34

Nov-23

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

10/13/23

622

3

-147

10/14/22

 

 

Canada

10/13/23

193

13

-23

10/14/22

 

 

International

Sept

940

-12

61

Sept

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 10/10/2023

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

96,824

96,479

96,520

-41

 

 

PJM West Off Peak

84,325

83,765

83,840

-75

 

 

Natural Gas Henry Hub

419,444

395,147

407,393

-12,246

 

 

WTI – Light Sweet Crude Futures

278,250

229,435

204,168

25,267

 

 

Brent Crude Last Day

120,357

113,588

112,492

1,096

 

 

NYM Ethanol

37,193

36,678

36,748

-70

 

 

Mt Belvieu LDH Propane Swap

141,548

140,933

141,109

-176

 

 

RBOB

304,452

282,212

287,662

-5,450

 

 

HSC Basis

624,872

619,333

618,139

1,194

 

 

 

 

EIA Short Term Energy Outlook

 

 

 

 

 

 

 

2021

2022

2023projected

2024projected

 

 

Brent

$70.89

$100.94

$79.54

$83.51

 

 

Gasoline

$3.02

$3.97

$3.39

$3.30

 

 

Crude Oil Production

11.25

11.89

12.61

12.77

 

 

Natural Gas Spot

$3.91

$6.42

$2.66

$3.42

 

 

LNG Exports

9.76

10.59

12.07

12.73

 

 

 

 

 

 

 

 

 

 

Electrical Generation %

2021

2022

2023projected

2024projected

 

 

Natural gas

37.00%

39.00%

41.00%

39.00%

 

 

Coal

23.00%

20.00%

16.00%

16.00%

 

 

Renewables

20.00%

22.00%

23.00%

25.00%

 

 

Nuclear

20.00%

19.00%

19.00%

19.00%

 

 

 

 

 

 

 

 

 

 

 

Short Term Energy Outlook

 

Natural Gas Storage

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

EIA Lower 48 Natural Gas Storage

 

 

 

 

10/12/18

 

 

 

10/6/23

9/29/23

Net Change

% Change

10/7/22

% Change

5 Year Avg.

% Change

 

 

East

874

847

27

3.19%

782

11.76%

843

3.65%

 

 

Midwest

1,021

991

30

3.03%

952

7.25%

996

2.47%

 

 

Mountain

244

239

5

2.09%

190

28.42%

205

19.26%

 

 

Pacific

278

278

0

0.00%

249

11.65%

276

0.72%

 

 

South

1,112

1,090

22

2.02%

1,058

5.10%

1,087

2.34%

 

 

    Salt

267

259

8

3.09%

253

5.53%

267

-0.15%

 

 

    Non_Salt

845

830

15

1.81%

804

5.10%

819

3.20%

 

 

Total

3,529

3,445

84

2.44%

3,231

9.22%

3,407

3.59%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

EOXLive Market Data

 

 

 

Contract

10/16/23

10/13/23

% Change

Change

9/18/23

% Change

10/17/22

% Change

 

 

PJM West On Peak

Nov-23

$43.92

$44.29

-0.82%

-$0.36

$42.00

4.57%

$68.41

-35.80%

 

 

ERCOT North On Peak

Nov-23

$36.50

$38.44

-5.06%

-$1.94

$43.08

-15.27%

$52.40

-30.34%

 

 

CAISO SP 15 On Peak

Nov-23

$70.80

$67.67

4.63%

$3.13

$64.25

10.20%

$76.56

-7.52%

 

 

MISO Indiana On Peak

Nov-23

$43.91

$45.11

-2.66%

-$1.20

$44.58

-1.51%

$69.77

-37.06%

 

 

NEISO Mass On Peak

Nov-23

$51.83

$50.88

1.86%

$0.95

$52.86

-1.95%

$107.32

-51.71%

 

 

WECC Mid C On Peak

Nov-23

$100.46

$87.57

14.72%

$12.89

$83.55

20.24%

$97.34

3.20%

 

 

NYISO Zone G On Peak

Nov-23

$46.61

$45.74

1.90%

$0.87

$47.66

-2.21%

$71.90

-35.18%

 

 

 

 

 

Natural Gas & Basis

 

 

 

EOXLive Market Data

 

 

 

Contract

10/16/23

10/13/23

% Change

Change

9/18/23

% Change

10/17/22

% Change

 

 

NYMEX Henry Hub

Nov-23

$3.109

$3.236

-3.92%

-$0.13

$3.00

3.60%

$5.52

-43.69%

 

 

Houston Ship Channel

Nov-23

-$0.577

-$0.551

4.57%

-$0.03

-$0.43

32.67%

-$0.39

46.31%

 

 

Chicago

Nov-23

-$0.402

-$0.381

-5.08%

-$0.02

-$0.28

42.97%

-$0.21

89.34%

 

 

Waha

Nov-23

-$1.110

-$1.055

-5.21%

-$0.05

-$0.84

31.85%

-$1.74

-36.03%

 

 

Algonquin

Nov-23

$0.507

$0.658

-22.92%

-$0.15

$1.24

-59.28%

$4.93

-89.72%

 

 

Aeco

Nov-23

-$1.140

-$1.203

-5.30%

$0.06

-$0.68

68.42%

-$1.65

-30.91%

 

 

Socal

Nov-23

$2.524

$1.878

34.44%

$0.65

$2.54

-0.64%

$0.31

722.82%

 

 

 

 

 

Natural Gas Liquids

 

 

 

EOXLive Market Data

 

 

 

Contract

10/16/23

10/13/23

% Change

Change

9/18/23

% Change

10/17/22

% Change

 

 

Mt. Belvieu Propane LST

Nov-23

$0.706

$0.710

-0.53%

$0.00

$0.78

-9.16%

$0.81

-12.54%

 

 

Mt. Belvieu Propane non LST

Nov-23

$0.705

$0.705

0.00%

$0.00

$0.78

-9.32%

$0.81

-13.18%

 

 

Mt. Belview Ethane

Nov-23

$0.280

$0.290

-3.45%

-$0.01

$0.29

-3.70%

$0.31

-9.71%

 

 

Mt. Belview Nat. Gasoline

Nov-23

$1.562

$1.574

-0.74%

-$0.01

$1.76

-11.09%

$1.56

0.19%

 

 

Mt. Belvieu Butane LST

Nov-23

$0.831

$0.835

-0.42%

$0.00

$0.94

-11.56%

$0.81

2.42%

 

 

Conway Propane

Nov-23

$0.693

$0.693

0.10%

$0.00

$0.78

-11.12%

$0.86

-18.92%

 

 

Conway Nat. Gasoline

Nov-23

$1.664

$1.647

1.00%

$0.02

$1.82

-8.65%

$1.60

3.79%

 

 

 

 

Crude Oil

 

 

 

EOXLive Market Data

 

 

 

Contract

10/16/23

10/13/23

% Change

Change

9/18/23

% Change

10/17/22

% Change

 

 

WTI

Dec-23

$85.26

$86.35

-1.28%

-$1.09

$89.26

-4.48%

$74.62

14.26%

 

 

Brent

Dec-23

$89.65

$90.89

-1.38%

-$1.24

$93.29

-3.90%

$80.26

11.70%

 

 

WCS

Dec-23

-$24.00

-$23.07

3.87%

-$0.93

-$17.70

35.57%

-$19.28

24.43%

 

 

LLS

Dec-23

$85.93

$85.90

0.03%

$0.03

$90.19

-4.73%

$76.20

12.77%

 

 

Mars

Dec-23

$83.26

$83.00

0.32%

$0.27

$87.78

-5.15%

$72.04

15.58%

 

 

Sour

Dec-23

$84.49

$84.31

0.22%

$0.19

$88.79

-4.84%

$72.62

16.35%

 

 

ESPO

Dec-23

$87.65

$88.89

-1.41%

-$1.24

$91.29

-3.99%

$76.56

14.49%

 

 

 

 

Refined Products

 

 

 

EOXLive Market Data

 

 

 

Contract

10/16/23

10/13/23

% Change

Change

9/18/23

% Change

10/17/22

% Change

 

 

NY Heating Oil

Nov-23

$3.15

$3.21

-1.84%

-$0.06

$3.23

-2.50%

$2.89

9.10%

 

 

NY Gasoline

Nov-23

$2.28

$2.26

0.75%

$0.02

$2.56

-11.08%

$2.17

4.93%

 

 

GC Gasoline

Nov-23

$2.18

$2.16

0.79%

$0.02

$2.46

-11.53%

$2.07

5.16%

 

 

GC Jet

Nov-23

$2.93

$2.88

1.53%

$0.04

$2.91

0.65%

$2.93

0.07%

 

 

Chicago Ethanol

Nov-23

$2.03

$2.04

-0.49%

-$0.01

$2.06

-1.89%

$2.12

-4.35%

 

 

Rotterdam Gasoil

Nov-23

$863.33

$863.02

0.04%

$0.31

$861.70

0.19%

$810.73

6.49%

 

 

Singapore Jet Kero

Nov-23

$115.92

$112.81

2.75%

$3.11

$117.96

-1.73%

$104.09

11.36%

 

 

 

 

Implied Volatilities

 

 

 

EOXLive Market Data

 

 

 

Contract

10/16/23

10/13/23

% Change

Change

9/18/23

% Change

10/17/22

% Change

 

 

Henry Hub Straddle

Nov-23

54.70%

54.24%

0.85%

0.46%

59.33%

-7.80%

62.92%

-13.06%

 

 

Algonquin Straddle

Nov-23

81.64%

83.10%

-1.76%

-1.46%

70.47%

15.85%

78.11%

4.52%

 

 

Waha Straddle

Nov-23

98.38%

92.94%

5.85%

5.44%

87.24%

12.77%

75.92%

29.58%

 

 

Chicago Straddle

Nov-23

74.11%

66.89%

10.79%

7.22%

64.48%

14.93%

65.42%

13.28%

 

 

PJM West Straddle

Nov-23

54.76%

49.17%

11.37%

5.59%

57.00%

-3.93%

49.48%

10.67%

 

 

SP – 15 Straddle

Nov-23

155.68%

150.19%

3.66%

5.49%

131.71%

18.20%

58.83%

164.63%

 

 

Mid. C Straddle

Nov-23

263.49%

258.46%

1.95%

5.03%

184.60%

42.74%

81.71%

222.47%

 

 

 

 

Euro Gas and Power/LNG

 

 

EOXLive Market Data

 

 

 

Contract

10/16/23

10/13/23

% Change

Change

9/18/23

% Change

10/17/22

% Change

 

 

Dutch TTF

Nov-23

EUR 48.56

EUR 55.29

-12.17%

-EUR 6.73

EUR 42.90

13.20%

EUR 152.59

-68.18%

 

 

NBP

Nov-23

GBP 121.56

GBP 139.04

-12.57%

-GBP 17.48

GBP 106.85

13.76%

GBP 380.09

-68.02%

 

 

German Base

Nov-23

EUR 117.10

EUR 123.82

-5.43%

-EUR 6.72

EUR 110.67

5.80%

EUR 502.19

-76.68%

 

 

UK Base

Nov-23

GBP 116.24

GBP 118.37

-1.80%

-GBP 2.13

GBP 102.06

13.89%

GBP 319.91

-63.66%

 

 

French Base

Nov-23

EUR 123.80

EUR 135.01

-8.30%

-EUR 11.21

EUR 118.29

4.66%

EUR 550.91

-77.53%

 

 

Italian Base

Nov-23

EUR 152.98

EUR 149.91

2.05%

EUR 3.07

EUR 129.86

17.80%

EUR 340.72

-55.10%

 

 

JKM LNG

Nov-23

$13.83

$15.19

-8.95%

-$1.36

$13.81

0.16%

$43.91

-68.49%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

10/14/2023

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

0

0

0

550

133

-101

32.00%

-16.00%

 

 

Middle Atlantic

0

-2

0

697

41

-158

6.00%

-18.00%

 

 

E N Central

0

-2

0

664

-43

-162

-6.00%

-20.00%

 

 

W N Central

0

-3

0

1,054

129

-33

14.00%

-3.00%

 

 

South Atlantic

22

-9

-4

1,936

111

-90

6.00%

-4.00%

 

 

E S Central

1

-14

-2

1,612

88

-98

6.00%

-6.00%

 

 

W S Central

28

-8

-15

2,825

469

29

20.00%

1.00%

 

 

Mountain

17

2

-1

1,210

-11

-161

-1.00%

-12.00%

 

 

Pacific

7

-4

-12

673

-16

-289

-2.00%

-30.00%

 

 

United States

9

-5

-4

1,263

88

-130

7.00%

-9.00%

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10/14/2023

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

84

-11

-2

237

-125

-63

-35.00%

-21.00%

 

 

Middle Atlantic

84

5

6

187

-81

-47

-30.00%

-20.00%

 

 

E N Central

98

16

4

247

-56

-51

-18.00%

-17.00%

 

 

W N Central

91

11

2

223

-103

-31

-32.00%

-12.00%

 

 

South Atlantic

36

6

2

59

-18

-35

-999.00%

-999.00%

 

 

E S Central

44

5

-4

64

-35

-60

-999.00%

-999.00%

 

 

W S Central

17

5

11

22

-5

4

-999.00%

-999.00%

 

 

Mountain

63

-6

14

207

-101

53

-33.00%

34.00%

 

 

Pacific

25

-9

18

111

-57

65

-34.00%

141.00%

 

 

United States

57

3

7

141

-55

-16

-28.00%

-11.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gas * Power * NGL * Crude * Products * Vol Charts

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

Tropical Outlook

 

To opt out of this email please follow this link.

Campbell Faulkner | OTC Global Holdings

Quality Data – Reliable Service – Affordable Price

5151 San Felipe Suite 2200
Houston, TX 77056
faulkner.c@otcgh.com
eoxlive.com/market-data

 

This email, any information contained herein and any files transmitted with it (collectively, the Material) are the sole property of OTC Global Holdings LP and its affiliates (OTCGH); are confidential, may be legally privileged and are intended solely for the use of the individual or entity to whom they are addressed. Unauthorized disclosure, copying or distribution of the Material, is strictly prohibited and the recipient shall not redistribute the Material in any form to a third party. Please notify the sender immediately by email if you have received this email by mistake, delete this email from your system and destroy any hard copies. OTCGH waives no privilege or confidentiality due to any mistaken transmission of this email.