Prices as of 8:34 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$2.911

$2.899

0.41%

$0.012

24,767

 

 

WTI

$87.24

$88.75

-1.70%

-$1.51

98,039

 

 

Brent

$91.49

$92.16

-0.73%

-$0.67

7,872

 

 

ULSD

$3.157

$3.157

0.01%

$0.000

4,387

 

 

RBOB

$2.358

$2.374

-0.65%

-$0.016

1,600

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.23

$4.08

3.68%

$0.15

Dec-23

 

 

3:2:1 Crack

$21.24

$20.83

1.99%

$0.41

Dec-23

 

 

PJM West Spark

$37.70

$37.68

0.04%

$0.02

Nov-23

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

10/20/23

624

2

-147

10/21/22

 

 

Canada

10/20/23

198

5

-12

10/21/22

 

 

International

Sept

940

-12

61

Sept

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 10/17/2023

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

98,514

98,228

98,184

44

 

 

PJM West Off Peak

86,581

86,004

86,118

-114

 

 

Natural Gas Henry Hub

418,710

394,413

406,803

-12,390

 

 

WTI – Light Sweet Crude Futures

149,751

126,978

107,408

19,570

 

 

Brent Crude Last Day

127,781

118,923

120,598

-1,675

 

 

NYM Ethanol

40,863

40,307

40,305

2

 

 

Mt Belvieu LDH Propane Swap

145,416

144,819

144,969

-150

 

 

RBOB

333,751

311,304

316,748

-5,444

 

 

HSC Basis

646,482

640,673

639,066

1,607

 

 

 

 

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

10/20/23

10/19/23

% Change

Change

9/22/23

% Change

10/21/22

% Change

 

 

PJM West On Peak

Nov-23

$43.92

$43.89

0.09%

$0.04

$41.34

6.26%

$61.41

-28.48%

 

 

ERCOT North On Peak

Nov-23

$36.96

$37.03

-0.17%

-$0.06

$42.98

-14.00%

$46.51

-20.52%

 

 

CAISO SP 15 On Peak

Nov-23

$66.85

$72.08

-7.26%

-$5.23

$63.28

5.64%

$72.40

-7.66%

 

 

MISO Indiana On Peak

Nov-23

$43.53

$43.65

-0.26%

-$0.11

$44.02

-1.11%

$63.09

-30.99%

 

 

NEISO Mass On Peak

Nov-23

$45.88

$46.66

-1.67%

-$0.78

$51.58

-11.05%

$93.96

-51.17%

 

 

WECC Mid C On Peak

Nov-23

$97.44

$101.53

-4.02%

-$4.09

$88.39

10.24%

$91.18

6.87%

 

 

NYISO Zone G On Peak

Nov-23

$41.79

$41.79

-0.02%

-$0.01

$45.64

-8.45%

$61.32

-31.85%

 

 

 

 

 

Natural Gas & Basis

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/20/23

10/19/23

% Change

Change

9/22/23

% Change

10/21/22

% Change

 

 

NYMEX Henry Hub

Nov-23

$2.899

$2.957

-1.96%

-$0.06

$2.88

0.69%

$5.05

-42.64%

 

 

Houston Ship Channel

Nov-23

-$0.514

-$0.481

6.81%

-$0.03

-$0.44

18.13%

-$0.39

32.77%

 

 

Chicago

Nov-23

-$0.312

-$0.324

3.69%

$0.01

-$0.29

7.36%

-$0.21

49.93%

 

 

Waha

Nov-23

-$1.018

-$1.015

-0.34%

$0.00

-$0.99

3.15%

-$1.77

-42.58%

 

 

Algonquin

Nov-23

$0.472

$0.488

-3.40%

-$0.02

$1.13

-58.24%

$4.11

-88.51%

 

 

Aeco

Nov-23

-$0.942

-$0.993

-5.08%

$0.05

-$0.85

10.46%

-$1.57

-39.88%

 

 

Socal

Nov-23

$2.758

$2.813

-1.96%

-$0.06

$2.27

21.41%

$0.28

887.26%

 

 

 

 

 

Natural Gas Liquids

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/20/23

10/19/23

% Change

Change

9/22/23

% Change

10/21/22

% Change

 

 

Mt. Belvieu Propane LST

Nov-23

$0.688

$0.710

-3.17%

-$0.02

$0.71

-3.17%

$0.82

-16.04%

 

 

Mt. Belvieu Propane non LST

Nov-23

$0.688

$0.704

-2.31%

-$0.02

$0.72

-3.84%

$0.83

-16.91%

 

 

Mt. Belview Ethane

Nov-23

$0.266

$0.276

-3.57%

-$0.01

$0.28

-4.46%

$0.31

-15.45%

 

 

Mt. Belview Nat. Gasoline

Nov-23

$1.620

$1.630

-0.60%

-$0.01

$1.70

-4.57%

$1.52

6.50%

 

 

Mt. Belvieu Butane LST

Nov-23

$0.835

$0.852

-2.04%

-$0.02

$0.88

-5.10%

$0.83

0.14%

 

 

Far East Propane

Nov-23

$6.623

$6.527

1.46%

$0.10

$7.03

-5.80%

$5.61

18.03%

 

 

Saudi Propane

Nov-23

$5.900

$5.840

1.03%

$0.06

$5.83

1.20%

$5.12

15.22%

 

 

 

 

Crude Oil

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/20/23

10/19/23

% Change

Change

9/22/23

% Change

10/21/22

% Change

 

 

WTI

Dec-23

$88.08

$88.37

-0.33%

-$0.29

$88.35

-0.31%

$75.04

17.38%

 

 

Brent

Dec-23

$92.16

$92.38

-0.24%

-$0.22

$91.96

0.22%

$80.71

14.19%

 

 

WCS

Dec-23

-$23.83

-$23.07

3.18%

-$0.76

-$20.35

17.08%

-$18.59

28.18%

 

 

LLS

Dec-23

$87.83

$89.09

-1.43%

-$1.26

$89.03

-1.35%

$76.92

14.18%

 

 

Mars

Dec-23

$85.29

$85.62

-0.38%

-$0.32

$86.47

-1.36%

$72.19

18.15%

 

 

Sour

Dec-23

$87.64

$87.09

0.63%

$0.55

$87.77

-0.15%

$73.28

19.60%

 

 

ESPO

Dec-23

$90.16

$90.38

-0.24%

-$0.22

$89.96

0.22%

$77.74

15.98%

 

 

 

 

Refined Products

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/20/23

10/19/23

% Change

Change

9/22/23

% Change

10/21/22

% Change

 

 

NY Heating Oil

Nov-23

$3.17

$3.17

0.03%

$0.00

$3.26

-2.85%

$2.85

11.38%

 

 

NY Gasoline

Nov-23

$2.37

$2.37

0.21%

$0.01

$2.52

-5.99%

$2.22

6.61%

 

 

GC Gasoline

Nov-23

$2.27

$2.27

0.22%

$0.00

$2.42

-6.23%

$2.12

6.92%

 

 

GC Jet

Nov-23

$2.89

$2.93

-1.23%

-$0.04

$2.92

-1.13%

$2.77

4.52%

 

 

Chicago Ethanol

Nov-23

$2.14

$2.14

0.42%

$0.01

$2.04

5.35%

$2.19

-1.88%

 

 

Rotterdam Gasoil

Nov-23

$872.61

$853.00

2.30%

$19.61

$882.47

-1.12%

$840.61

3.81%

 

 

Singapore Jet Kero

Nov-23

$116.19

$114.50

1.48%

$1.69

$119.41

-2.69%

$99.96

16.24%

 

 

 

 

Implied Volatilities

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/20/23

10/19/23

% Change

Change

9/22/23

% Change

10/21/22

% Change

 

 

Henry Hub Straddle

Dec-23

60.90%

64.46%

-5.52%

-3.56%

66.63%

-8.60%

66.45%

-8.35%

 

 

Algonquin Straddle

Dec-23

79.44%

82.67%

-3.91%

-3.23%

74.35%

6.85%

81.30%

-2.29%

 

 

Waha Straddle

Dec-23

66.68%

70.24%

-5.07%

-3.56%

75.89%

-12.14%

73.20%

-8.91%

 

 

Chicago Straddle

Dec-23

65.32%

68.53%

-4.68%

-3.21%

70.14%

-6.87%

67.22%

-2.83%

 

 

PJM West Straddle

Dec-23

68.16%

64.30%

6.00%

3.86%

67.58%

0.86%

55.03%

23.86%

 

 

SP – 15 Straddle

Dec-23

289.20%

277.32%

4.28%

11.88%

101.59%

184.67%

60.66%

376.76%

 

 

Mid. C Straddle

Dec-23

230.60%

315.33%

-26.87%

-84.73%

135.56%

70.11%

75.85%

204.02%

 

 

 

 

Euro Gas and Power/LNG

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/20/23

10/19/23

% Change

Change

9/22/23

% Change

10/21/22

% Change

 

 

Dutch TTF

Dec-23

EUR 54.91

EUR 55.35

-0.80%

-EUR 0.44

EUR 48.94

12.20%

EUR 148.13

-62.93%

 

 

NBP

Dec-23

GBP 142.11

GBP 143.29

-0.82%

-GBP 1.18

GBP 127.54

11.42%

GBP 372.23

-61.82%

 

 

German Base

Dec-23

EUR 118.98

EUR 119.31

-0.28%

-EUR 0.33

EUR 120.66

-1.39%

EUR 443.13

-73.15%

 

 

UK Base

Dec-23

GBP 121.51

GBP 124.22

-2.18%

-GBP 2.71

GBP 114.18

6.42%

GBP 318.07

-61.80%

 

 

French Base

Dec-23

EUR 126.98

EUR 129.37

-1.85%

-EUR 2.39

EUR 134.44

-5.54%

EUR 513.35

-75.26%

 

 

Italian Base

Dec-23

EUR 152.01

EUR 148.33

2.49%

EUR 3.69

EUR 142.85

6.42%

EUR 314.26

-51.63%

 

 

JKM LNG

Dec-23

$16.56

$15.99

3.54%

$0.57

$14.34

15.44%

$36.46

-54.59%

 

 

 

 

Freight Forwards (WET & DRY)

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/20/23

10/19/23

% Change

Change

9/22/23

% Change

10/21/22

% Change

 

 

TD3C FFA Middle East to China (WET)

Dec-23

$54.91

$55.35

-0.80%

-$0.44

$48.94

12.20%

$148.13

-62.93%

 

 

USGC-UK Continent Dirty (WET)

Dec-23

$142.11

$143.29

-0.82%

-$1.18

$127.54

11.42%

$372.23

-61.82%

 

 

TD20 West Africa to UK Continent (WET)

Dec-23

$118.98

$119.31

-0.28%

-$0.33

$120.66

-1.39%

$443.13

-73.15%

 

 

LPG FFA Middle East Gulf to East (WET)

Dec-23

$121.51

$124.22

-2.18%

-$2.71

$114.18

6.42%

$318.07

-61.80%

 

 

TC5 FFA Arabian Gulf to Japan (WET)

Dec-23

$126.98

$129.37

-1.85%

-$2.39

$134.44

-5.54%

$513.35

-75.26%

 

 

Supramax Timecharter (DRY)

Dec-23

$152.01

$148.33

2.49%

$3.69

$142.85

6.42%

$314.26

-51.63%

 

 

Capesize Timecharter (DRY)

Dec-23

$16.56

$15.99

3.54%

$0.57

$14.34

15.44%

$36.46

-54.59%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

10/21/2023

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

-1

0

697

41

-158

6.00%

-18.00%

 

 

E N Central

0

-1

0

664

-44

-162

-6.00%

-20.00%

 

 

W N Central

0

-1

0

1,054

128

-33

14.00%

-3.00%

 

 

South Atlantic

14

-10

-2

1,950

101

-92

5.00%

-5.00%

 

 

E S Central

1

-8

0

1,613

80

-98

5.00%

-6.00%

 

 

W S Central

20

-6

-1

2,845

463

28

19.00%

1.00%

 

 

Mountain

25

15

14

1,235

4

-147

0.00%

-11.00%

 

 

Pacific

22

16

9

695

0

-280

0.00%

-29.00%

 

 

United States

10

0

2

1,273

88

-129

7.00%

-9.00%

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10/21/2023

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

86

-25

-16

322

-152

-79

-32.00%

-20.00%

 

 

Middle Atlantic

82

-14

-26

269

-95

-73

-26.00%

-21.00%

 

 

E N Central

99

-2

-46

346

-58

-97

-14.00%

-22.00%

 

 

W N Central

85

-15

-64

308

-118

-95

-28.00%

-24.00%

 

 

South Atlantic

48

8

-14

107

-10

-49

-9.00%

-31.00%

 

 

E S Central

59

8

-33

123

-28

-93

-19.00%

-43.00%

 

 

W S Central

28

9

-10

50

4

-6

-999.00%

-999.00%

 

 

Mountain

46

-38

-13

253

-139

40

-35.00%

19.00%

 

 

Pacific

15

-29

-3

126

-86

62

-41.00%

97.00%

 

 

United States

59

-8

-23

200

-63

-40

-24.00%

-17.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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