Prices as of 9:06 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$3.032

$3.010

0.73%

$0.022

8,620

 

 

WTI

$83.75

$85.39

-1.92%

-$1.64

148,833

 

 

Brent

$88.60

$90.13

-1.70%

-$1.53

7,888

 

 

ULSD

$3.012

$3.030

-0.61%

-$0.018

3,108

 

 

RBOB

$2.265

$2.284

-0.83%

-$0.019

2,020

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.86

$4.74

2.53%

$0.12

Dec-23

 

 

3:2:1 Crack

$20.44

$19.56

4.50%

$0.88

Dec-23

 

 

PJM West Spark

$36.77

$36.26

1.39%

$0.50

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

10/25/23

10/24/23

% Change

Change

9/27/23

% Change

10/26/22

% Change

 

 

PJM West On Peak

Nov-23

$43.26

$42.70

1.30%

$0.56

$41.63

3.91%

$64.65

-33.09%

 

 

ERCOT North On Peak

Nov-23

$38.97

$40.16

-2.95%

-$1.19

$40.51

-3.79%

$50.34

-22.58%

 

 

CAISO SP 15 On Peak

Nov-23

$64.69

$67.99

-4.85%

-$3.30

$59.90

7.99%

$75.82

-14.68%

 

 

MISO Indiana On Peak

Nov-23

$42.10

$42.68

-1.38%

-$0.59

$43.99

-4.31%

$66.90

-37.07%

 

 

NEISO Mass On Peak

Nov-23

$48.53

$46.99

3.28%

$1.54

$50.60

-4.08%

$99.91

-51.42%

 

 

WECC Mid C On Peak

Nov-23

$97.44

$97.53

-0.09%

-$0.09

$84.16

15.79%

$97.38

0.06%

 

 

NYISO Zone G On Peak

Nov-23

$43.51

$42.55

2.25%

$0.96

$45.74

-4.87%

$64.51

-32.55%

 

 

 

 

 

Natural Gas & Basis

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/25/23

10/24/23

% Change

Change

9/27/23

% Change

10/26/22

% Change

 

 

NYMEX Henry Hub

Nov-23

$3.010

$2.971

1.31%

$0.04

$2.90

3.83%

$5.29

-43.08%

 

 

Houston Ship Channel

Nov-23

-$0.526

-$0.518

1.43%

-$0.01

-$0.41

29.71%

-$0.37

40.42%

 

 

Chicago

Nov-23

-$0.358

-$0.306

-14.56%

-$0.05

-$0.27

31.62%

-$0.19

85.03%

 

 

Waha

Nov-23

-$1.353

-$1.153

-17.31%

-$0.20

-$0.93

44.98%

-$1.84

-26.31%

 

 

Algonquin

Nov-23

$0.532

$0.491

8.50%

$0.04

$1.02

-47.98%

$3.73

-85.73%

 

 

Aeco

Nov-23

-$0.972

-$0.932

4.32%

-$0.04

-$0.91

7.35%

-$1.83

-46.87%

 

 

Socal

Nov-23

$2.647

$2.845

-6.96%

-$0.20

$2.13

24.56%

$0.37

621.50%

 

 

 

 

 

Natural Gas Liquids

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/25/23

10/24/23

% Change

Change

9/27/23

% Change

10/26/22

% Change

 

 

Mt. Belvieu Propane LST

Nov-23

$0.663

$0.657

0.79%

$0.01

$0.75

-11.65%

$0.85

-22.08%

 

 

Mt. Belvieu Propane non LST

Nov-23

$0.661

$0.647

2.17%

$0.01

$0.75

-11.67%

$0.85

-22.55%

 

 

Mt. Belview Ethane

Nov-23

$0.262

$0.260

1.00%

$0.00

$0.27

-2.34%

$0.31

-16.45%

 

 

Mt. Belview Nat. Gasoline

Nov-23

$1.583

$1.543

2.60%

$0.04

$1.70

-6.78%

$1.56

1.25%

 

 

Mt. Belvieu Butane LST

Nov-23

$0.830

$0.818

1.51%

$0.01

$0.91

-8.34%

$0.90

-7.83%

 

 

Far East Propane

Nov-23

$6.727

$6.641

1.30%

$0.09

$6.95

-3.21%

$5.71

17.79%

 

 

Saudi Propane

Nov-23

$5.940

$5.870

1.19%

$0.07

$5.92

0.34%

$5.31

11.81%

 

 

 

 

Crude Oil

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/25/23

10/24/23

% Change

Change

9/27/23

% Change

10/26/22

% Change

 

 

WTI

Dec-23

$85.39

$83.74

1.93%

$1.65

$91.30

-6.47%

$77.30

10.47%

 

 

Brent

Dec-23

$90.13

$88.07

2.29%

$2.06

$94.36

-4.48%

$83.17

8.37%

 

 

WCS

Dec-23

-$24.90

-$21.78

12.50%

-$3.11

-$16.29

52.84%

-$19.74

26.14%

 

 

LLS

Dec-23

$86.01

$84.21

2.10%

$1.81

$91.30

-5.79%

$76.77

12.03%

 

 

Mars

Dec-23

$83.35

$80.83

3.02%

$2.51

$88.58

-5.91%

$74.46

11.93%

 

 

Sour

Dec-23

$83.64

$81.93

2.04%

$1.70

$90.42

-7.50%

$75.44

10.87%

 

 

ESPO

Dec-23

$88.13

$86.07

2.34%

$2.06

$92.36

-4.58%

$81.21

8.52%

 

 

 

 

Refined Products

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/25/23

10/24/23

% Change

Change

9/27/23

% Change

10/26/22

% Change

 

 

NY Heating Oil

Nov-23

$3.02

$3.01

0.40%

$0.01

$3.26

-7.22%

$2.92

3.46%

 

 

NY Gasoline

Nov-23

$2.26

$2.27

-0.53%

-$0.01

$2.56

-11.81%

$2.27

-0.44%

 

 

GC Gasoline

Nov-23

$2.15

$2.17

-0.55%

-$0.01

$2.46

-12.29%

$2.16

-0.46%

 

 

GC Jet

Nov-23

$2.76

$2.69

2.45%

$0.07

$2.93

-5.74%

$2.84

-2.82%

 

 

Chicago Ethanol

Nov-23

$2.06

$2.07

-0.34%

-$0.01

$2.03

1.63%

$2.13

-3.51%

 

 

Rotterdam Gasoil

Nov-23

$829.07

$820.55

1.04%

$8.52

$876.05

-5.36%

$771.95

7.40%

 

 

Singapore Jet Kero

Nov-23

$109.48

$111.32

-1.66%

-$1.84

$116.80

-6.27%

$105.34

3.92%

 

 

 

 

Implied Volatilities

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/25/23

10/24/23

% Change

Change

9/27/23

% Change

10/26/22

% Change

 

 

Henry Hub Straddle

Dec-23

54.61%

62.21%

-12.22%

-7.60%

60.59%

-9.87%

59.53%

-8.26%

 

 

Algonquin Straddle

Dec-23

71.70%

80.66%

-11.11%

-8.96%

64.74%

10.75%

91.63%

-21.75%

 

 

Waha Straddle

Dec-23

60.30%

67.99%

-11.31%

-7.69%

70.40%

-14.35%

69.97%

-13.82%

 

 

Chicago Straddle

Dec-23

58.37%

66.15%

-11.76%

-7.78%

63.40%

-7.93%

60.77%

-3.95%

 

 

PJM West Straddle

Dec-23

61.20%

64.72%

-5.44%

-3.52%

67.04%

-8.71%

56.35%

8.61%

 

 

SP – 15 Straddle

Dec-23

313.53%

316.93%

-1.07%

-3.40%

99.89%

213.88%

52.66%

495.39%

 

 

Mid. C Straddle

Dec-23

231.17%

157.90%

46.40%

73.27%

174.38%

32.57%

80.85%

185.92%

 

 

 

 

Euro Gas and Power/LNG

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/25/23

10/24/23

% Change

Change

9/27/23

% Change

10/26/22

% Change

 

 

Dutch TTF

Dec-23

EUR 53.32

EUR 52.66

1.24%

EUR 0.66

EUR 46.98

13.48%

EUR 139.04

-61.65%

 

 

NBP

Dec-23

GBP 138.61

GBP 137.35

0.91%

GBP 1.25

GBP 122.60

13.06%

GBP 350.61

-60.47%

 

 

German Base

Dec-23

EUR 112.59

EUR 113.52

-0.82%

-EUR 0.93

EUR 117.32

-4.04%

EUR 429.08

-73.76%

 

 

UK Base

Dec-23

GBP 116.42

GBP 114.99

1.25%

GBP 1.44

GBP 108.32

7.48%

GBP 306.63

-62.03%

 

 

French Base

Dec-23

EUR 119.97

EUR 120.68

-0.59%

-EUR 0.71

EUR 127.84

-6.16%

EUR 487.20

-75.38%

 

 

Italian Base

Dec-23

EUR 147.56

EUR 147.82

-0.17%

-EUR 0.25

EUR 139.04

6.13%

EUR 303.94

-51.45%

 

 

JKM LNG

Dec-23

$16.69

$15.63

6.83%

$1.07

$14.23

17.30%

$33.15

-49.64%

 

 

 

 

Freight Forwards (WET & DRY)

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/25/23

10/24/23

% Change

Change

9/27/23

% Change

10/26/22

% Change

 

 

TD3C FFA Middle East to China (WET)

Dec-23

$53.32

$52.66

1.24%

$0.66

$46.98

13.48%

$139.04

-61.65%

 

 

USGC-UK Continent Dirty (WET)

Dec-23

$138.61

$137.35

0.91%

$1.25

$122.60

13.06%

$350.61

-60.47%

 

 

TD20 West Africa to UK Continent (WET)

Dec-23

$112.59

$113.52

-0.82%

-$0.93

$117.32

-4.04%

$429.08

-73.76%

 

 

LPG FFA Middle East Gulf to East (WET)

Dec-23

$116.42

$114.99

1.25%

$1.44

$108.32

7.48%

$306.63

-62.03%

 

 

TC5 FFA Arabian Gulf to Japan (WET)

Dec-23

$119.97

$120.68

-0.59%

-$0.71

$127.84

-6.16%

$487.20

-75.38%

 

 

Supramax Timecharter (DRY)

Dec-23

$147.56

$147.82

-0.17%

-$0.25

$139.04

6.13%

$303.94

-51.45%

 

 

Capesize Timecharter (DRY)

Dec-23

$16.69

$15.63

6.83%

$1.07

$14.23

17.30%

$33.15

-49.64%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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