|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:47 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$2.847
|
$2.884
|
-1.28%
|
-$0.037
|
21,679
|
|
|
|
WTI
|
$98.79
|
$101.38
|
-2.55%
|
-$2.59
|
151,375
|
|
|
|
Brent
|
$101.69
|
$118.35
|
-14.08%
|
-$16.66
|
26,983
|
|
|
|
ULSD
|
$4.107
|
$4.163
|
-1.35%
|
-$0.056
|
5,661
|
|
|
|
RBOB
|
$3.136
|
$3.312
|
-5.31%
|
-$0.176
|
10,206
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$10.60
|
$10.81
|
-1.94%
|
-$0.21
|
Jun-26
|
|
|
|
3:2:1 Crack
|
$45.07
|
$44.77
|
0.67%
|
$0.30
|
May-26
|
|
|
|
PJM West Spark
|
NA
|
NA
|
NA
|
NA
|
Apr-26
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
03/27/26
|
543
|
-9
|
-49
|
03/28/25
|
|
|
|
Canada
|
03/27/26
|
153
|
-24
|
-10
|
03/28/25
|
|
|
|
International
|
Feb-2026
|
1112
|
33
|
15
|
Feb-2025
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 3/24/2026
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
123,560
|
123,007
|
122,961
|
46
|
|
|
|
PJM West Off Peak
|
118,377
|
117,923
|
117,694
|
229
|
|
|
|
Natural Gas Henry Hub
|
392,374
|
375,494
|
370,938
|
4,556
|
|
|
|
WTI – Light Sweet Crude Futures
|
225,742
|
192,548
|
191,944
|
604
|
|
|
|
Brent Crude Last Day
|
508,945
|
497,793
|
499,975
|
-2,182
|
|
|
|
NYM Ethanol
|
51,497
|
50,847
|
50,792
|
55
|
|
|
|
Mt Belvieu LDH Propane Swap
|
127,134
|
126,117
|
126,188
|
-71
|
|
|
|
RBOB
|
357,477
|
331,289
|
344,913
|
-13,624
|
|
|
|
HSC Basis
|
889,907
|
883,036
|
885,790
|
-2,754
|
|
|
|
|
|
|
|
|
|
|
|
|
EIA Short Term Energy Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2023
|
2024
|
2025 Projected
|
2026 Projected
|
|
|
|
Brent
|
$82.00
|
$81.00
|
$66.00
|
$59.00
|
|
|
|
Gasoline
|
$3.50
|
$3.30
|
$3.10
|
$3.10
|
|
|
|
Crude Oil Production
|
$12.90
|
$13.20
|
$13.40
|
$13.50
|
|
|
|
Natural Gas Spot
|
$2.50
|
$2.20
|
$4.10
|
$4.80
|
|
|
|
LNG Exports
|
12.00
|
12.00
|
15.00
|
16.00
|
|
|
|
|
|
|
|
|
|
|
|
|
Electrical Generation %
|
2023
|
2024
|
2025 Projected
|
2026 Projected
|
|
|
|
Natural gas
|
42.00%
|
42.00%
|
40.00%
|
40.00%
|
|
|
|
Coal
|
17.00%
|
16.00%
|
16.00%
|
15.00%
|
|
|
|
Renewables
|
22.00%
|
23.00%
|
25.00%
|
27.00%
|
|
|
|
Nuclear
|
19.00%
|
19.00%
|
19.00%
|
19.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Short Term Energy Outlook
|
|

|

|
|
|

|

|
|
|

|

|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EIA Lower 48 Natural Gas Storage
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/26/21
|
|
|
|
|
|
3/20/26
|
3/13/26
|
Net Change
|
% Change
|
3/21/25
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
271
|
302
|
-31
|
-10.26%
|
298
|
-9.06%
|
321
|
-15.47%
|
|
|
|
Midwest
|
351
|
374
|
-23
|
-6.15%
|
367
|
-4.36%
|
410
|
-14.39%
|
|
|
|
Mountain
|
204
|
201
|
3
|
1.49%
|
163
|
25.15%
|
122
|
66.67%
|
|
|
|
Pacific
|
257
|
258
|
-1
|
-0.39%
|
192
|
33.85%
|
169
|
52.43%
|
|
|
|
South
|
745
|
747
|
-2
|
-0.27%
|
725
|
2.76%
|
793
|
-6.01%
|
|
|
|
Salt
|
197
|
192
|
5
|
2.60%
|
202
|
-2.48%
|
231
|
-14.57%
|
|
|
|
Non_Salt
|
549
|
555
|
-6
|
-1.08%
|
523
|
4.97%
|
562
|
-2.35%
|
|
|
|
Total
|
1,829
|
1,883
|
-54
|
-2.87%
|
1,744
|
4.87%
|
1,814
|
0.80%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/31/26
|
3/30/26
|
% Change
|
Change
|
3/3/26
|
% Change
|
3/31/25
|
% Change
|
|
|
|
PJM West On Peak
|
Apr-26
|
$62.16
|
$60.25
|
3.17%
|
$1.91
|
$59.29
|
4.84%
|
$53.84
|
15.45%
|
|
|
|
ERCOT North On Peak
|
Apr-26
|
$28.02
|
$31.92
|
-12.21%
|
-$3.90
|
$31.47
|
-10.96%
|
$43.06
|
-34.93%
|
|
|
|
CAISO SP 15 On Peak
|
Apr-26
|
$8.86
|
$10.02
|
-11.53%
|
-$1.15
|
$7.79
|
13.79%
|
$8.77
|
1.06%
|
|
|
|
MISO Indiana On Peak
|
Apr-26
|
$46.61
|
$43.74
|
6.56%
|
$2.87
|
$47.29
|
-1.44%
|
$48.68
|
-4.25%
|
|
|
|
NEISO Mass On Peak
|
Apr-26
|
$48.73
|
$46.79
|
4.16%
|
$1.95
|
$48.03
|
1.47%
|
$50.96
|
-4.36%
|
|
|
|
WECC Mid C On Peak
|
Apr-26
|
$18.14
|
$20.25
|
-10.41%
|
-$2.11
|
$31.96
|
-43.23%
|
$40.04
|
-54.69%
|
|
|
|
NYISO Zone G On Peak
|
Apr-26
|
$47.63
|
$48.30
|
-1.39%
|
-$0.67
|
$50.27
|
-5.25%
|
$47.79
|
-0.33%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/31/26
|
3/30/26
|
% Change
|
Change
|
3/3/26
|
% Change
|
3/31/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
May-26
|
$2.884
|
$2.887
|
-0.10%
|
$0.00
|
$3.08
|
-6.21%
|
$3.99
|
-27.77%
|
|
|
|
Houston Ship Channel
|
May-26
|
-$0.407
|
-$0.397
|
2.64%
|
-$0.01
|
-$0.37
|
9.99%
|
-$0.44
|
-6.81%
|
|
|
|
Chicago
|
May-26
|
-$0.414
|
-$0.392
|
-5.26%
|
-$0.02
|
-$0.33
|
25.97%
|
-$0.38
|
7.61%
|
|
|
|
Waha
|
May-26
|
-$5.732
|
-$5.538
|
-3.51%
|
-$0.19
|
-$3.96
|
44.84%
|
-$3.99
|
43.51%
|
|
|
|
Algonquin
|
May-26
|
-$0.690
|
-$0.658
|
-4.89%
|
-$0.03
|
-$0.83
|
-16.55%
|
-$0.23
|
201.88%
|
|
|
|
Aeco
|
May-26
|
-$1.829
|
-$1.773
|
3.19%
|
-$0.06
|
-$1.81
|
1.12%
|
-$1.84
|
-0.49%
|
|
|
|
Socal
|
May-26
|
-$1.873
|
-$1.763
|
6.25%
|
-$0.11
|
-$1.79
|
4.94%
|
-$0.80
|
133.04%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/31/26
|
3/30/26
|
% Change
|
Change
|
3/3/26
|
% Change
|
3/31/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Apr-26
|
$0.803
|
$0.878
|
-8.55%
|
-$0.08
|
$0.75
|
7.36%
|
$0.77
|
4.86%
|
|
|
|
Mt. Belvieu Propane non LST
|
Apr-26
|
$0.763
|
$0.836
|
-8.82%
|
-$0.07
|
$0.72
|
5.54%
|
$0.77
|
-0.69%
|
|
|
|
Mt. Belview Ethane
|
Apr-26
|
$0.236
|
$0.234
|
1.07%
|
$0.00
|
$0.24
|
-0.53%
|
$0.29
|
-17.29%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Apr-26
|
$2.230
|
$2.275
|
-1.98%
|
-$0.04
|
$1.48
|
51.19%
|
$1.38
|
61.36%
|
|
|
|
Mt. Belvieu Butane LST
|
Apr-26
|
$1.094
|
$1.123
|
-2.58%
|
-$0.03
|
$0.90
|
21.41%
|
$0.85
|
28.86%
|
|
|
|
Far East Propane
|
Apr-26
|
$9.050
|
$9.250
|
-2.16%
|
-$0.20
|
$6.66
|
35.98%
|
$5.40
|
67.62%
|
|
|
|
Saudi Propane
|
Apr-26
|
$6.530
|
$6.600
|
-1.06%
|
-$0.07
|
$6.01
|
8.61%
|
$5.25
|
24.31%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/31/26
|
3/30/26
|
% Change
|
Change
|
3/3/26
|
% Change
|
3/31/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$101.38
|
$102.88
|
-1.48%
|
-$1.50
|
$73.55
|
37.84%
|
$65.97
|
53.68%
|
|
|
|
Brent
|
May-26
|
$112.78
|
$112.78
|
0.00%
|
$0.00
|
$81.40
|
38.55%
|
$69.73
|
61.74%
|
|
|
|
WCS
|
May-26
|
-$11.23
|
-$11.59
|
-3.13%
|
$0.35
|
-$13.29
|
-15.49%
|
-$13.49
|
-16.74%
|
|
|
|
LLS
|
May-26
|
$96.74
|
$100.59
|
-3.98%
|
-$3.85
|
$71.90
|
34.53%
|
$67.90
|
42.46%
|
|
|
|
Mars
|
May-26
|
$103.07
|
$102.54
|
0.52%
|
$0.54
|
$69.71
|
47.86%
|
$65.79
|
56.67%
|
|
|
|
Sour
|
May-26
|
$100.56
|
$103.47
|
-2.90%
|
-$2.92
|
$70.64
|
42.34%
|
$65.14
|
54.38%
|
|
|
|
ESPO
|
May-26
|
$110.78
|
$110.78
|
0.00%
|
$0.00
|
$79.40
|
39.52%
|
$67.73
|
63.56%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/31/26
|
3/30/26
|
% Change
|
Change
|
3/3/26
|
% Change
|
3/31/25
|
% Change
|
|
|
|
NY Heating Oil
|
Apr-26
|
$4.27
|
$4.61
|
-7.39%
|
-$0.34
|
$3.17
|
34.74%
|
$2.23
|
91.75%
|
|
|
|
NY Gasoline
|
Apr-26
|
$3.38
|
$3.28
|
3.23%
|
$0.11
|
$2.45
|
38.22%
|
$2.14
|
58.18%
|
|
|
|
GC Gasoline
|
Apr-26
|
$3.24
|
$3.14
|
3.38%
|
$0.11
|
$2.31
|
40.54%
|
$2.04
|
59.07%
|
|
|
|
GC Jet
|
Apr-26
|
$4.53
|
$4.61
|
-1.74%
|
-$0.08
|
$2.94
|
53.82%
|
$2.11
|
114.79%
|
|
|
|
Chicago Ethanol
|
Apr-26
|
$2.02
|
$2.04
|
-0.74%
|
-$0.02
|
$1.80
|
12.22%
|
$1.67
|
20.81%
|
|
|
|
Rotterdam Gasoil
|
Apr-26
|
$972.00
|
$1,010.50
|
-3.81%
|
-$38.50
|
$749.34
|
29.71%
|
$664.27
|
46.33%
|
|
|
|
Singapore Jet Kero
|
Apr-26
|
$193.57
|
$199.79
|
-3.11%
|
-$6.21
|
$114.87
|
68.51%
|
$87.67
|
120.81%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/31/26
|
3/30/26
|
% Change
|
Change
|
3/3/26
|
% Change
|
3/31/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-26
|
56.83%
|
66.03%
|
-13.93%
|
-9.20%
|
52.82%
|
7.59%
|
38.78%
|
46.54%
|
|
|
|
Algonquin Straddle
|
May-26
|
146.06%
|
134.42%
|
8.66%
|
11.64%
|
149.94%
|
-2.59%
|
47.26%
|
209.06%
|
|
|
|
Waha Straddle
|
May-26
|
183.40%
|
182.29%
|
0.61%
|
1.11%
|
994.18%
|
-81.55%
|
1383.97%
|
-86.75%
|
|
|
|
Chicago Straddle
|
May-26
|
63.01%
|
73.52%
|
-14.30%
|
-10.51%
|
57.16%
|
10.23%
|
41.66%
|
51.25%
|
|
|
|
PJM West Straddle
|
May-26
|
50.24%
|
46.80%
|
7.35%
|
3.44%
|
40.87%
|
22.93%
|
53.92%
|
-6.82%
|
|
|
|
SP – 15 Straddle
|
May-26
|
209.82%
|
338.30%
|
-37.98%
|
-128.48%
|
299.40%
|
-29.92%
|
218.31%
|
-3.89%
|
|
|
|
Mid. C Straddle
|
May-26
|
101.23%
|
119.25%
|
-15.11%
|
-18.02%
|
91.93%
|
10.12%
|
43.31%
|
133.73%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/31/26
|
3/30/26
|
% Change
|
Change
|
3/3/26
|
% Change
|
3/31/25
|
% Change
|
|
|
|
Dutch TTF
|
May-26
|
EUR 50.24
|
EUR 54.97
|
-8.60%
|
-EUR 4.72
|
EUR 52.00
|
-3.38%
|
EUR 33.75
|
48.85%
|
|
|
|
NBP
|
May-26
|
GBP 126.99
|
GBP 138.20
|
-8.11%
|
-GBP 11.21
|
GBP 131.96
|
-3.77%
|
GBP 84.14
|
50.92%
|
|
|
|
German Base
|
May-26
|
EUR 84.00
|
EUR 87.88
|
-4.42%
|
-EUR 3.88
|
EUR 90.24
|
-6.91%
|
EUR 68.82
|
22.07%
|
|
|
|
UK Base
|
May-26
|
GBP 93.50
|
GBP 102.19
|
-8.50%
|
-GBP 8.69
|
GBP 102.60
|
-8.87%
|
GBP 67.65
|
38.22%
|
|
|
|
French Base
|
May-26
|
EUR 21.89
|
EUR 24.08
|
-9.09%
|
-EUR 2.19
|
EUR 19.69
|
11.20%
|
EUR 37.17
|
-41.11%
|
|
|
|
Italian Base
|
May-26
|
EUR 127.23
|
EUR 132.82
|
-4.21%
|
-EUR 5.59
|
EUR 124.32
|
2.34%
|
EUR 92.78
|
37.13%
|
|
|
|
JKM LNG
|
May-26
|
$20.24
|
$20.85
|
-2.89%
|
-$0.60
|
$18.73
|
8.10%
|
$11.30
|
79.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/31/26
|
3/30/26
|
% Change
|
Change
|
3/3/26
|
% Change
|
3/31/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-26
|
$50.24
|
$54.97
|
-8.60%
|
-$4.72
|
$52.00
|
-3.38%
|
$33.75
|
48.85%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-26
|
$126.99
|
$138.20
|
-8.11%
|
-$11.21
|
$131.96
|
-3.77%
|
$84.14
|
50.92%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-26
|
$84.00
|
$87.88
|
-4.42%
|
-$3.88
|
$90.24
|
-6.91%
|
$68.82
|
22.07%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-26
|
$93.50
|
$102.19
|
-8.50%
|
-$8.69
|
$102.60
|
-8.87%
|
$67.65
|
38.22%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-26
|
$21.89
|
$24.08
|
-9.09%
|
-$2.19
|
$19.69
|
11.20%
|
$37.17
|
-41.11%
|
|
|
|
Supramax Timecharter (DRY)
|
May-26
|
$127.23
|
$132.82
|
-4.21%
|
-$5.59
|
$124.32
|
2.34%
|
$92.78
|
37.13%
|
|
|
|
Capesize Timecharter (DRY)
|
May-26
|
$20.24
|
$20.85
|
-2.89%
|
-$0.60
|
$18.73
|
8.10%
|
$11.30
|
79.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/28/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
|
Middle Atlantic
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
|
E N Central
|
0
|
0
|
0
|
0
|
-1
|
0
|
NA
|
NA
|
|
|
|
W N Central
|
2
|
1
|
2
|
6
|
3
|
6
|
NA
|
NA
|
|
|
|
South Atlantic
|
17
|
5
|
6
|
107
|
0
|
24
|
0.00%
|
29.00%
|
|
|
|
E S Central
|
9
|
4
|
8
|
34
|
5
|
28
|
NA
|
NA
|
|
|
|
W S Central
|
38
|
25
|
13
|
165
|
91
|
78
|
NA
|
NA
|
|
|
|
Mountain
|
20
|
17
|
11
|
49
|
37
|
38
|
NA
|
NA
|
|
|
|
Pacific
|
4
|
3
|
4
|
27
|
21
|
27
|
NA
|
NA
|
|
|
|
United States
|
10
|
5
|
5
|
48
|
15
|
22
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/28/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
186
|
0
|
4
|
5,702
|
96
|
398
|
2.00%
|
8.00%
|
|
|
|
Middle Atlantic
|
151
|
-15
|
-10
|
5,101
|
8
|
412
|
0.00%
|
9.00%
|
|
|
|
E N Central
|
155
|
-17
|
-13
|
5,395
|
-236
|
244
|
-4.00%
|
5.00%
|
|
|
|
W N Central
|
133
|
-36
|
0
|
5,203
|
-751
|
-209
|
-13.00%
|
-4.00%
|
|
|
|
South Atlantic
|
45
|
-25
|
-18
|
2,499
|
-80
|
85
|
-3.00%
|
4.00%
|
|
|
|
E S Central
|
43
|
-42
|
-23
|
2,928
|
-344
|
-24
|
-11.00%
|
-1.00%
|
|
|
|
W S Central
|
14
|
-33
|
-6
|
1,610
|
-548
|
-238
|
-25.00%
|
-13.00%
|
|
|
|
Mountain
|
54
|
-77
|
-25
|
3,330
|
-1,085
|
-720
|
-25.00%
|
-18.00%
|
|
|
|
Pacific
|
32
|
-56
|
-29
|
1,946
|
-690
|
-585
|
-26.00%
|
-23.00%
|
|
|
|
United States
|
86
|
-31
|
-15
|
3,576
|
-359
|
-46
|
-9.00%
|
-1.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|

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