Prices as of 8:26 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$2.894

$2.957

-2.13%

-$0.063

28,169

 

 

WTI

$90.27

$89.37

1.01%

$0.90

3,606

 

 

Brent

$93.27

$92.38

0.96%

$0.89

9,081

 

 

ULSD

$3.204

$3.173

0.99%

$0.031

3,221

 

 

RBOB

$2.393

$2.362

1.32%

$0.031

3,703

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.01

$4.01

0.00%

$0.00

Dec-23

 

 

3:2:1 Crack

$20.66

$20.32

1.66%

$0.34

Nov-23

 

 

PJM West Spark

$37.70

$38.80

-2.85%

-$1.10

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

 

 

 

 

10/19/18

 

 

 

10/13/23

10/6/23

Net Change

% Change

10/14/22

% Change

5 Year Avg.

% Change

 

 

East

896

874

22

2.52%

812

10.34%

864

3.70%

 

 

Midwest

1,050

1,021

29

2.84%

987

6.38%

1,024

2.50%

 

 

Mountain

248

244

4

1.64%

195

27.18%

207

19.69%

 

 

Pacific

280

278

2

0.72%

249

12.45%

277

1.16%

 

 

South

1,152

1,112

40

3.60%

1,099

4.82%

1,113

3.49%

 

 

    Salt

285

267

18

6.74%

271

5.17%

280

1.79%

 

 

    Non_Salt

868

845

23

2.72%

828

4.83%

833

4.18%

 

 

Total

3,626

3,529

97

2.75%

3,342

8.50%

3,486

4.02%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/19/23

10/18/23

% Change

Change

9/21/23

% Change

10/20/22

% Change

 

 

PJM West On Peak

Nov-23

$43.89

$45.13

-2.75%

-$1.24

$41.43

5.92%

$65.74

-33.24%

 

 

ERCOT North On Peak

Nov-23

$37.03

$39.16

-5.45%

-$2.13

$41.03

-9.75%

$49.16

-24.69%

 

 

CAISO SP 15 On Peak

Nov-23

$72.08

$72.48

-0.54%

-$0.39

$65.96

9.29%

$76.72

-6.05%

 

 

MISO Indiana On Peak

Nov-23

$43.65

$45.09

-3.19%

-$1.44

$43.74

-0.21%

$67.09

-34.94%

 

 

NEISO Mass On Peak

Nov-23

$46.66

$47.41

-1.60%

-$0.76

$52.24

-10.69%

$96.95

-51.87%

 

 

WECC Mid C On Peak

Nov-23

$101.53

$99.74

1.79%

$1.79

$87.76

15.69%

$95.56

6.25%

 

 

NYISO Zone G On Peak

Nov-23

$41.79

$45.55

-8.25%

-$3.76

$47.00

-11.07%

$63.48

-34.16%

 

 

 

 

 

Natural Gas & Basis

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/19/23

10/18/23

% Change

Change

9/21/23

% Change

10/20/22

% Change

 

 

NYMEX Henry Hub

Nov-23

$2.957

$3.056

-3.24%

-$0.10

$2.84

4.12%

$5.19

-43.05%

 

 

Houston Ship Channel

Nov-23

-$0.481

-$0.540

-10.87%

$0.06

-$0.42

13.38%

-$0.40

19.88%

 

 

Chicago

Nov-23

-$0.324

-$0.358

10.60%

$0.03

-$0.28

15.00%

-$0.19

72.53%

 

 

Waha

Nov-23

-$1.015

-$1.097

-7.47%

$0.08

-$0.98

3.46%

-$1.81

-43.95%

 

 

Algonquin

Nov-23

$0.488

$0.588

-16.96%

-$0.10

$1.05

-53.45%

$4.75

-89.72%

 

 

Aeco

Nov-23

-$0.993

-$1.048

-5.27%

$0.06

-$0.86

15.50%

-$1.69

-41.35%

 

 

Socal

Nov-23

$2.813

$2.814

-0.03%

$0.00

$2.27

23.69%

$0.34

721.94%

 

 

 

 

 

Natural Gas Liquids

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/19/23

10/18/23

% Change

Change

9/21/23

% Change

10/20/22

% Change

 

 

Mt. Belvieu Propane LST

Nov-23

$0.710

$0.716

-0.87%

-$0.01

$0.72

-1.39%

$0.83

-14.34%

 

 

Mt. Belvieu Propane non LST

Nov-23

$0.704

$0.714

-1.40%

-$0.01

$0.73

-3.12%

$0.82

-14.47%

 

 

Mt. Belview Ethane

Nov-23

$0.276

$0.280

-1.52%

$0.00

$0.29

-4.07%

$0.32

-13.78%

 

 

Mt. Belview Nat. Gasoline

Nov-23

$1.630

$1.602

1.77%

$0.03

$1.72

-5.18%

$1.57

3.66%

 

 

Mt. Belvieu Butane LST

Nov-23

$0.852

$0.864

-1.28%

-$0.01

$0.87

-1.76%

$0.84

1.84%

 

 

Far East Propane

Nov-23

$6.527

$6.522

0.09%

$0.01

$7.00

-6.76%

$5.61

16.35%

 

 

Saudi Propane

Nov-23

$5.840

$5.840

0.00%

$0.00

$5.75

1.57%

$5.23

11.62%

 

 

 

 

Crude Oil

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/19/23

10/18/23

% Change

Change

9/21/23

% Change

10/20/22

% Change

 

 

WTI

Dec-23

$88.37

$87.27

1.24%

$1.10

$88.32

0.06%

$74.81

18.13%

 

 

Brent

Dec-23

$92.38

$91.50

0.95%

$0.88

$92.26

0.13%

$80.37

14.94%

 

 

WCS

Dec-23

-$23.07

-$23.06

0.07%

-$0.02

-$17.88

29.03%

-$19.00

21.43%

 

 

LLS

Dec-23

$89.09

$87.25

2.06%

$1.83

$88.75

0.38%

$76.73

16.11%

 

 

Mars

Dec-23

$85.62

$83.98

1.92%

$1.64

$86.20

-0.68%

$72.65

17.84%

 

 

Sour

Dec-23

$87.09

$85.45

1.88%

$1.64

$87.61

-0.59%

$73.10

19.13%

 

 

ESPO

Dec-23

$90.38

$89.50

0.97%

$0.88

$90.26

0.13%

$77.93

15.97%

 

 

 

 

Refined Products

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/19/23

10/18/23

% Change

Change

9/21/23

% Change

10/20/22

% Change

 

 

NY Heating Oil

Nov-23

$3.17

$3.14

0.92%

$0.03

$3.29

-3.79%

$2.86

10.96%

 

 

NY Gasoline

Nov-23

$2.37

$2.34

1.15%

$0.03

$2.47

-4.37%

$2.27

4.28%

 

 

GC Gasoline

Nov-23

$2.27

$2.24

1.21%

$0.03

$2.37

-4.55%

$2.17

4.47%

 

 

GC Jet

Nov-23

$2.93

$2.86

2.52%

$0.07

$2.91

0.48%

$2.79

4.76%

 

 

Chicago Ethanol

Nov-23

$2.14

$2.08

2.64%

$0.05

$2.02

5.74%

$2.15

-0.60%

 

 

Rotterdam Gasoil

Nov-23

$853.00

$851.90

0.13%

$1.10

$904.80

-5.73%

$778.47

9.57%

 

 

Singapore Jet Kero

Nov-23

$114.50

$114.97

-0.41%

-$0.47

$121.85

-6.03%

$103.44

10.69%

 

 

 

 

Implied Volatilities

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/19/23

10/18/23

% Change

Change

9/21/23

% Change

10/20/22

% Change

 

 

Henry Hub Straddle

Dec-23

64.46%

63.60%

1.35%

0.86%

69.30%

-6.98%

52.85%

21.97%

 

 

Algonquin Straddle

Dec-23

82.67%

84.91%

-2.64%

-2.24%

75.37%

9.69%

58.36%

41.66%

 

 

Waha Straddle

Dec-23

70.24%

71.20%

-1.35%

-0.96%

83.25%

-15.63%

62.74%

11.95%

 

 

Chicago Straddle

Dec-23

68.53%

69.37%

-1.21%

-0.84%

73.44%

-6.69%

52.83%

29.72%

 

 

PJM West Straddle

Dec-23

64.30%

63.32%

1.55%

0.98%

66.85%

-3.81%

57.10%

12.61%

 

 

SP – 15 Straddle

Dec-23

277.32%

227.56%

21.87%

49.76%

99.77%

177.96%

62.99%

340.26%

 

 

Mid. C Straddle

Dec-23

315.33%

200.30%

57.43%

115.03%

129.70%

143.12%

80.27%

292.84%

 

 

 

 

Euro Gas and Power/LNG

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/19/23

10/18/23

% Change

Change

9/21/23

% Change

10/20/22

% Change

 

 

Dutch TTF

Dec-23

EUR 55.35

EUR 54.22

2.10%

EUR 1.14

EUR 47.99

15.33%

EUR 152.28

-63.65%

 

 

NBP

Dec-23

GBP 143.29

GBP 140.89

1.70%

GBP 2.40

GBP 125.45

14.22%

GBP 396.57

-63.87%

 

 

German Base

Dec-23

EUR 119.31

EUR 122.06

-2.25%

-EUR 2.75

EUR 119.59

-0.24%

EUR 472.94

-74.77%

 

 

UK Base

Dec-23

GBP 124.22

GBP 124.61

-0.31%

-GBP 0.39

GBP 113.08

9.85%

GBP 339.31

-63.39%

 

 

French Base

Dec-23

EUR 129.37

EUR 132.94

-2.68%

-EUR 3.57

EUR 134.90

-4.10%

EUR 552.29

-76.58%

 

 

Italian Base

Dec-23

EUR 148.33

EUR 153.86

-3.59%

-EUR 5.53

EUR 141.12

5.11%

EUR 322.92

-54.07%

 

 

JKM LNG

Dec-23

$15.99

$16.75

-4.51%

-$0.76

$13.86

15.34%

$37.50

-57.36%

 

 

 

 

Freight Forwards (WET & DRY)

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/19/23

10/18/23

% Change

Change

9/21/23

% Change

10/20/22

% Change

 

 

TD3C FFA Middle East to China (WET)

Dec-23

$55.35

$54.22

2.10%

$1.14

$47.99

15.33%

$152.28

-63.65%

 

 

USGC-UK Continent Dirty (WET)

Dec-23

$143.29

$140.89

1.70%

$2.40

$125.45

14.22%

$396.57

-63.87%

 

 

TD20 West Africa to UK Continent (WET)

Dec-23

$119.31

$122.06

-2.25%

-$2.75

$119.59

-0.24%

$472.94

-74.77%

 

 

LPG FFA Middle East Gulf to East (WET)

Dec-23

$124.22

$124.61

-0.31%

-$0.39

$113.08

9.85%

$339.31

-63.39%

 

 

TC5 FFA Arabian Gulf to Japan (WET)

Dec-23

$129.37

$132.94

-2.68%

-$3.57

$134.90

-4.10%

$552.29

-76.58%

 

 

Supramax Timecharter (DRY)

Dec-23

$148.33

$153.86

-3.59%

-$5.53

$141.12

5.11%

$322.92

-54.07%

 

 

Capesize Timecharter (DRY)

Dec-23

$15.99

$16.75

-4.51%

-$0.76

$13.86

15.34%

$37.50

-57.36%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

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 * Freight * Spreads – Charts

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

Tropical Outlook

 

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