Prices as of 7:36 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$3.342

$3.164

5.63%

$0.178

23,914

 

 

WTI

$83.89

$85.54

-1.93%

-$1.65

72,332

 

 

Brent

$89.05

$90.48

-1.58%

-$1.43

2,155

 

 

ULSD

$3.033

$3.052

-0.63%

-$0.019

462

 

 

RBOB

$2.301

$2.313

-0.50%

-$0.012

317

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$5.16

$4.94

4.45%

$0.22

Dec-23

 

 

3:2:1 Crack

$21.01

$20.29

3.57%

$0.72

Dec-23

 

 

PJM West Spark

NA

NA

NA

NA

Nov-23

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

10/27/23

625

1

-143

10/28/22

 

 

Canada

10/27/23

196

-2

-16

10/28/22

 

 

International

Sept

940

-12

61

Sept

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 10/24/2023

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

97,961

97,659

97,636

23

 

 

PJM West Off Peak

86,740

86,245

86,268

-23

 

 

Natural Gas Henry Hub

419,497

395,200

407,590

-12,390

 

 

WTI – Light Sweet Crude Futures

157,335

133,285

113,842

19,443

 

 

Brent Crude Last Day

129,155

118,014

121,812

-3,798

 

 

NYM Ethanol

41,563

41,010

40,960

50

 

 

Mt Belvieu LDH Propane Swap

155,072

154,383

154,644

-261

 

 

RBOB

330,794

305,010

313,720

-8,710

 

 

HSC Basis

657,747

651,976

650,579

1,397

 

 

 

 

EIA Short Term Energy Outlook

 

 

 

 

 

 

 

2021

2022

2023projected

2024projected

 

 

Brent

$70.89

$100.94

$84.09

$94.91

 

 

Gasoline

$3.02

$3.97

$3.62

$3.69

 

 

Crude Oil Production

11.27

11.91

12.92

13.12

 

 

Natural Gas Spot

$3.91

$6.42

$2.61

$3.23

 

 

LNG Exports

9.76

10.59

11.62

13.15

 

 

 

 

 

 

 

 

 

 

Electrical Generation %

2021

2022

2023projected

2024projected

 

 

Natural gas

37.00%

39.00%

42.00%

41.00%

 

 

Coal

23.00%

20.00%

16.00%

15.00%

 

 

Renewables

20.00%

22.00%

22.00%

25.00%

 

 

Nuclear

20.00%

19.00%

19.00%

20.00%

 

 

 

 

 

 

 

 

 

 

 

Short Term Energy Outlook

 

Natural Gas Storage

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

EIA Lower 48 Natural Gas Storage

 

 

 

 

10/26/18

 

 

 

10/20/23

10/13/23

Net Change

% Change

10/21/22

% Change

5 Year Avg.

% Change

 

 

East

908

896

12

1.34%

825

10.06%

879

3.28%

 

 

Midwest

1,075

1,050

25

2.38%

1,007

6.75%

1,046

2.79%

 

 

Mountain

252

248

4

1.61%

199

26.63%

208

20.92%

 

 

Pacific

283

280

3

1.07%

248

14.11%

277

2.31%

 

 

South

1,182

1,152

30

2.60%

1,116

5.91%

1,130

4.60%

 

 

    Salt

299

285

14

4.91%

277

7.94%

291

2.68%

 

 

    Non_Salt

883

868

15

1.73%

839

5.24%

839

5.24%

 

 

Total

3,700

3,626

74

2.04%

3,394

9.02%

3,540

4.53%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/27/23

10/26/23

% Change

Change

9/29/23

% Change

10/28/22

% Change

 

 

PJM West On Peak

Nov-23

$45.68

$46.13

-0.96%

-$0.44

$42.90

6.49%

$61.52

-25.75%

 

 

ERCOT North On Peak

Nov-23

$44.15

$44.06

0.22%

$0.10

$40.20

9.85%

$48.70

-9.34%

 

 

CAISO SP 15 On Peak

Nov-23

$58.46

$67.46

-13.34%

-$9.00

$61.25

-4.55%

$74.26

-21.28%

 

 

MISO Indiana On Peak

Nov-23

$42.43

$44.67

-5.00%

-$2.23

$45.26

-6.25%

$63.52

-33.20%

 

 

NEISO Mass On Peak

Nov-23

$48.02

$46.04

4.30%

$1.98

$49.64

-3.27%

$91.61

-47.58%

 

 

WECC Mid C On Peak

Nov-23

$86.33

$97.41

-11.37%

-$11.08

$91.87

-6.02%

$96.62

-10.64%

 

 

NYISO Zone G On Peak

Nov-23

$43.63

$42.10

3.61%

$1.52

$44.70

-2.40%

$57.79

-24.50%

 

 

 

 

 

Natural Gas & Basis

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/27/23

10/26/23

% Change

Change

9/29/23

% Change

10/28/22

% Change

 

 

NYMEX Henry Hub

Dec-23

$3.483

$3.477

0.17%

$0.01

$3.31

5.16%

$5.44

-35.94%

 

 

Houston Ship Channel

Dec-23

-$0.240

-$0.259

-7.40%

$0.02

-$0.19

23.24%

-$0.27

-12.59%

 

 

Chicago

Dec-23

$0.335

$0.328

-1.88%

$0.01

$0.25

36.31%

$0.14

134.08%

 

 

Waha

Dec-23

-$0.487

-$0.502

-2.99%

$0.01

-$0.43

12.78%

-$1.28

-62.02%

 

 

Algonquin

Dec-23

$5.235

$5.394

-2.96%

-$0.16

$7.65

-31.60%

$12.84

-59.23%

 

 

Aeco

Dec-23

-$1.229

-$1.132

8.55%

-$0.10

-$0.98

24.80%

-$1.76

-30.09%

 

 

Socal

Dec-23

$5.825

$6.410

-9.12%

-$0.58

$4.47

30.21%

$1.40

316.99%

 

 

 

 

 

Natural Gas Liquids

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/27/23

10/26/23

% Change

Change

9/29/23

% Change

10/28/22

% Change

 

 

Mt. Belvieu Propane LST

Nov-23

$0.663

$0.649

2.20%

$0.01

$0.73

-9.05%

$0.87

-24.03%

 

 

Mt. Belvieu Propane non LST

Nov-23

$0.663

$0.649

2.19%

$0.01

$0.74

-10.59%

$0.86

-23.31%

 

 

Mt. Belview Ethane

Nov-23

$0.260

$0.257

1.01%

$0.00

$0.27

-4.57%

$0.31

-14.98%

 

 

Mt. Belview Nat. Gasoline

Nov-23

$1.546

$1.556

-0.66%

-$0.01

$1.65

-6.41%

$1.62

-4.52%

 

 

Mt. Belvieu Butane LST

Nov-23

$0.844

$0.826

2.09%

$0.02

$0.89

-5.63%

$0.92

-8.36%

 

 

Far East Propane

Nov-23

$6.790

$6.781

0.14%

$0.01

$6.81

-0.30%

$5.89

15.31%

 

 

Saudi Propane

Nov-23

$5.930

$5.950

-0.34%

-$0.02

$6.08

-2.47%

$5.59

6.14%

 

 

 

 

Crude Oil

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/27/23

10/26/23

% Change

Change

9/29/23

% Change

10/28/22

% Change

 

 

WTI

Dec-23

$85.54

$83.21

2.72%

$2.33

$88.80

-3.67%

$76.87

11.28%

 

 

Brent

Dec-23

$90.48

$87.93

2.82%

$2.55

$92.20

-1.87%

$82.78

9.30%

 

 

WCS

Dec-23

-$23.39

-$25.92

-10.81%

$2.53

-$16.59

41.02%

-$20.93

11.79%

 

 

LLS

Dec-23

$86.38

$85.00

1.60%

$1.38

$88.38

-2.26%

$79.23

9.03%

 

 

Mars

Dec-23

$83.46

$81.71

2.10%

$1.75

$85.19

-2.03%

$74.52

12.00%

 

 

Sour

Dec-23

$83.96

$82.58

1.64%

$1.38

$87.10

-3.61%

$75.73

10.86%

 

 

ESPO

Dec-23

$88.48

$85.93

2.88%

$2.55

$90.20

-1.91%

$79.16

11.78%

 

 

 

 

Refined Products

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/27/23

10/26/23

% Change

Change

9/29/23

% Change

10/28/22

% Change

 

 

NY Heating Oil

Nov-23

$3.06

$3.04

0.72%

$0.02

$3.30

-7.24%

$2.92

4.79%

 

 

NY Gasoline

Nov-23

$2.31

$2.26

2.34%

$0.05

$2.40

-3.50%

$2.25

2.71%

 

 

GC Gasoline

Nov-23

$2.21

$2.16

2.45%

$0.05

$2.30

-3.66%

$2.15

2.83%

 

 

GC Jet

Nov-23

$2.81

$2.82

-0.46%

-$0.01

$3.01

-6.66%

$2.92

-3.97%

 

 

Chicago Ethanol

Nov-23

$2.01

$2.02

-0.69%

-$0.01

$1.99

0.55%

$2.12

-5.47%

 

 

Rotterdam Gasoil

Nov-23

$818.94

$827.06

-0.98%

-$8.12

$897.00

-8.70%

$808.39

1.31%

 

 

Singapore Jet Kero

Nov-23

$109.09

$111.59

-2.24%

-$2.50

$119.75

-8.90%

$103.89

5.01%

 

 

 

 

Implied Volatilities

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/27/23

10/26/23

% Change

Change

9/29/23

% Change

10/28/22

% Change

 

 

Henry Hub Straddle

Dec-23

65.56%

58.55%

11.97%

7.01%

61.70%

6.26%

60.90%

7.65%

 

 

Algonquin Straddle

Dec-23

82.35%

75.01%

9.79%

7.34%

69.11%

19.16%

93.58%

-12.00%

 

 

Waha Straddle

Dec-23

70.64%

60.22%

17.30%

10.42%

68.77%

2.72%

66.40%

6.39%

 

 

Chicago Straddle

Dec-23

68.33%

64.77%

5.50%

3.56%

65.07%

5.01%

62.71%

8.96%

 

 

PJM West Straddle

Dec-23

64.30%

65.36%

-1.62%

-1.06%

66.99%

-4.02%

56.50%

13.81%

 

 

SP – 15 Straddle

Dec-23

353.87%

354.56%

-0.19%

-0.69%

106.11%

233.49%

62.17%

469.20%

 

 

Mid. C Straddle

Dec-23

278.97%

221.56%

25.91%

57.41%

171.58%

62.59%

82.14%

239.63%

 

 

 

 

Euro Gas and Power/LNG

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/27/23

10/26/23

% Change

Change

9/29/23

% Change

10/28/22

% Change

 

 

Dutch TTF

Dec-23

EUR 53.78

EUR 53.19

1.11%

EUR 0.59

EUR 46.28

16.20%

EUR 145.00

-62.91%

 

 

NBP

Dec-23

GBP 139.51

GBP 137.73

1.29%

GBP 1.78

GBP 119.37

16.87%

GBP 347.70

-59.88%

 

 

German Base

Dec-23

EUR 111.46

EUR 111.71

-0.23%

-EUR 0.25

EUR 111.74

-0.25%

EUR 468.56

-76.21%

 

 

UK Base

Dec-23

GBP 113.85

GBP 117.33

-2.97%

-GBP 3.49

GBP 104.95

8.47%

GBP 306.66

-62.88%

 

 

French Base

Dec-23

EUR 117.55

EUR 119.21

-1.39%

-EUR 1.66

EUR 121.18

-3.00%

EUR 550.88

-78.66%

 

 

Italian Base

Dec-23

EUR 148.26

EUR 150.58

-1.54%

-EUR 2.32

EUR 135.13

9.72%

EUR 312.85

-52.61%

 

 

JKM LNG

Dec-23

$17.14

$16.68

2.76%

$0.46

$14.66

16.91%

$36.83

-53.47%

 

 

 

 

Freight Forwards (WET & DRY)

 

OTCGH/EOXLive Market Data

 

 

 

Contract

10/27/23

10/26/23

% Change

Change

9/29/23

% Change

10/28/22

% Change

 

 

TD3C FFA Middle East to China (WET)

Dec-23

$53.78

$53.19

1.11%

$0.59

$46.28

16.20%

$145.00

-62.91%

 

 

USGC-UK Continent Dirty (WET)

Dec-23

$139.51

$137.73

1.29%

$1.78

$119.37

16.87%

$347.70

-59.88%

 

 

TD20 West Africa to UK Continent (WET)

Dec-23

$111.46

$111.71

-0.23%

-$0.25

$111.74

-0.25%

$468.56

-76.21%

 

 

LPG FFA Middle East Gulf to East (WET)

Dec-23

$113.85

$117.33

-2.97%

-$3.49

$104.95

8.47%

$306.66

-62.88%

 

 

TC5 FFA Arabian Gulf to Japan (WET)

Dec-23

$117.55

$119.21

-1.39%

-$1.66

$121.18

-3.00%

$550.88

-78.66%

 

 

Supramax Timecharter (DRY)

Dec-23

$148.26

$150.58

-1.54%

-$2.32

$135.13

9.72%

$312.85

-52.61%

 

 

Capesize Timecharter (DRY)

Dec-23

$17.14

$16.68

2.76%

$0.46

$14.66

16.91%

$36.83

-53.47%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

10/28/2023

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

1

1

1

551

134

-101

32.00%

-15.00%

 

 

Middle Atlantic

1

1

1

698

42

-157

6.00%

-18.00%

 

 

E N Central

1

0

0

664

-45

-162

-6.00%

-20.00%

 

 

W N Central

2

1

-1

1,057

130

-34

14.00%

-3.00%

 

 

South Atlantic

21

1

6

1,971

102

-87

5.00%

-4.00%

 

 

E S Central

14

9

13

1,627

90

-85

6.00%

-5.00%

 

 

W S Central

52

33

29

2,897

495

57

21.00%

2.00%

 

 

Mountain

8

2

6

1,243

6

-141

0.00%

-10.00%

 

 

Pacific

0

-3

0

695

-3

-280

0.00%

-29.00%

 

 

United States

11

4

6

1,284

92

-123

8.00%

-9.00%

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10/28/2023

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

65

-61

-13

387

-212

-92

-35.00%

-19.00%

 

 

Middle Atlantic

70

-41

-1

339

-135

-74

-28.00%

-18.00%

 

 

E N Central

71

-48

-5

416

-107

-102

-20.00%

-20.00%

 

 

W N Central

94

-28

2

402

-146

-93

-27.00%

-19.00%

 

 

South Atlantic

28

-21

-14

135

-30

-63

-18.00%

-32.00%

 

 

E S Central

22

-42

-28

145

-70

-121

-33.00%

-45.00%

 

 

W S Central

4

-26

-23

54

-22

-29

-999.00%

-999.00%

 

 

Mountain

94

-8

-33

347

-147

7

-30.00%

2.00%

 

 

Pacific

65

10

-4

191

-76

58

-28.00%

44.00%

 

 

United States

54

-27

-11

254

-90

-51

-26.00%

-17.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

Tropical Outlook

 

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