|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:01 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$2.838
|
$2.811
|
0.96%
|
$0.027
|
20,882
|
|
|
|
WTI
|
$114.63
|
$112.41
|
1.97%
|
$2.22
|
117,185
|
|
|
|
Brent
|
$110.65
|
$109.77
|
0.80%
|
$0.88
|
20,610
|
|
|
|
ULSD
|
$4.557
|
$4.328
|
5.28%
|
$0.229
|
5,304
|
|
|
|
RBOB
|
$3.321
|
$3.308
|
0.39%
|
$0.013
|
7,588
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$11.23
|
$11.30
|
-0.62%
|
-$0.07
|
Jun-26
|
|
|
|
3:2:1 Crack
|
$47.69
|
$45.57
|
4.67%
|
$2.13
|
May-26
|
|
|
|
PJM West Spark
|
$56.88
|
$53.89
|
5.56%
|
$2.99
|
May-26
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
04/02/26
|
548
|
5
|
-42
|
04/04/25
|
|
|
|
Canada
|
04/02/26
|
142
|
-11
|
-11
|
04/04/25
|
|
|
|
International
|
Mar-2026
|
1058
|
-54
|
-37
|
Mar-2025
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 3/31/2026
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
125,781
|
125,306
|
125,152
|
154
|
|
|
|
PJM West Off Peak
|
120,668
|
120,250
|
119,959
|
291
|
|
|
|
Natural Gas Henry Hub
|
383,436
|
367,453
|
363,638
|
3,815
|
|
|
|
WTI – Light Sweet Crude Futures
|
235,004
|
204,882
|
199,882
|
5,000
|
|
|
|
Brent Crude Last Day
|
425,813
|
413,890
|
417,076
|
-3,186
|
|
|
|
NYM Ethanol
|
54,150
|
53,467
|
53,461
|
6
|
|
|
|
Mt Belvieu LDH Propane Swap
|
128,140
|
127,500
|
127,590
|
-90
|
|
|
|
RBOB
|
331,405
|
302,999
|
315,890
|
-12,891
|
|
|
|
HSC Basis
|
911,943
|
904,643
|
905,208
|
-565
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/02/21
|
|
|
|
|
|
3/27/26
|
3/20/26
|
Net Change
|
% Change
|
3/28/25
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
270
|
271
|
-1
|
-0.37%
|
284
|
-4.93%
|
306
|
-11.65%
|
|
|
|
Midwest
|
350
|
351
|
-1
|
-0.28%
|
364
|
-3.85%
|
398
|
-12.02%
|
|
|
|
Mountain
|
208
|
204
|
4
|
1.96%
|
165
|
26.06%
|
123
|
69.66%
|
|
|
|
Pacific
|
258
|
257
|
1
|
0.39%
|
202
|
27.72%
|
173
|
49.13%
|
|
|
|
South
|
779
|
745
|
34
|
4.56%
|
758
|
2.77%
|
806
|
-3.40%
|
|
|
|
Salt
|
214
|
197
|
17
|
8.63%
|
218
|
-1.83%
|
237
|
-9.55%
|
|
|
|
Non_Salt
|
565
|
549
|
16
|
2.91%
|
540
|
4.63%
|
570
|
-0.81%
|
|
|
|
Total
|
1,865
|
1,829
|
36
|
1.97%
|
1,773
|
5.19%
|
1,806
|
3.29%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/6/26
|
4/2/26
|
% Change
|
Change
|
3/6/26
|
% Change
|
4/3/25
|
% Change
|
|
|
|
PJM West On Peak
|
May-26
|
$62.96
|
$59.90
|
5.10%
|
$3.06
|
$61.40
|
2.54%
|
$56.25
|
11.93%
|
|
|
|
ERCOT North On Peak
|
May-26
|
$33.63
|
$35.05
|
-4.04%
|
-$1.42
|
$40.74
|
-17.44%
|
$47.56
|
-29.28%
|
|
|
|
CAISO SP 15 On Peak
|
May-26
|
$7.65
|
$7.51
|
1.93%
|
$0.15
|
$9.31
|
-17.83%
|
$6.69
|
14.31%
|
|
|
|
MISO Indiana On Peak
|
May-26
|
$52.02
|
$46.65
|
11.50%
|
$5.36
|
$49.81
|
4.43%
|
$49.27
|
5.57%
|
|
|
|
NEISO Mass On Peak
|
May-26
|
$42.82
|
$39.72
|
7.79%
|
$3.09
|
$43.92
|
-2.51%
|
$50.42
|
-15.09%
|
|
|
|
WECC Mid C On Peak
|
May-26
|
$17.16
|
$17.13
|
0.17%
|
$0.03
|
$21.16
|
-18.90%
|
$27.44
|
-37.48%
|
|
|
|
NYISO Zone G On Peak
|
May-26
|
$46.55
|
$43.56
|
6.86%
|
$2.99
|
$47.52
|
-2.04%
|
$49.30
|
-5.58%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/6/26
|
4/2/26
|
% Change
|
Change
|
3/6/26
|
% Change
|
4/3/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
May-26
|
$2.811
|
$2.800
|
0.39%
|
$0.01
|
$3.20
|
-12.16%
|
$3.97
|
-29.25%
|
|
|
|
Houston Ship Channel
|
May-26
|
-$0.403
|
-$0.396
|
1.56%
|
-$0.01
|
-$0.37
|
8.70%
|
-$0.43
|
-6.13%
|
|
|
|
Chicago
|
May-26
|
-$0.373
|
-$0.385
|
3.36%
|
$0.01
|
-$0.34
|
10.83%
|
-$0.38
|
-2.33%
|
|
|
|
Waha
|
May-26
|
-$5.950
|
-$6.035
|
-1.41%
|
$0.09
|
-$4.36
|
36.59%
|
-$4.09
|
45.53%
|
|
|
|
Algonquin
|
May-26
|
-$0.580
|
-$0.580
|
0.00%
|
$0.00
|
-$0.84
|
-30.61%
|
-$0.25
|
130.34%
|
|
|
|
Aeco
|
May-26
|
-$1.830
|
-$1.758
|
4.13%
|
-$0.07
|
-$1.78
|
2.98%
|
-$1.86
|
-1.87%
|
|
|
|
Socal
|
May-26
|
-$1.870
|
-$1.813
|
3.17%
|
-$0.06
|
-$1.84
|
1.68%
|
-$0.82
|
128.94%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/6/26
|
4/2/26
|
% Change
|
Change
|
3/6/26
|
% Change
|
4/3/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
May-26
|
$0.770
|
$0.770
|
0.00%
|
$0.00
|
$0.78
|
-1.16%
|
$0.71
|
8.82%
|
|
|
|
Mt. Belvieu Propane non LST
|
May-26
|
$0.730
|
$0.758
|
-3.63%
|
-$0.03
|
$0.76
|
-3.63%
|
$0.70
|
3.58%
|
|
|
|
Mt. Belview Ethane
|
May-26
|
$0.215
|
$0.218
|
-1.15%
|
$0.00
|
$0.24
|
-11.79%
|
$0.29
|
-25.57%
|
|
|
|
Mt. Belview Nat. Gasoline
|
May-26
|
$2.186
|
$2.170
|
0.75%
|
$0.02
|
$1.62
|
34.85%
|
$1.30
|
68.17%
|
|
|
|
Mt. Belvieu Butane LST
|
May-26
|
$1.003
|
$0.997
|
0.54%
|
$0.01
|
$1.06
|
-5.04%
|
$0.79
|
26.83%
|
|
|
|
Far East Propane
|
May-26
|
$7.850
|
$7.850
|
0.00%
|
$0.00
|
$6.19
|
26.82%
|
$5.05
|
55.54%
|
|
|
|
Saudi Propane
|
May-26
|
$6.892
|
$6.820
|
1.05%
|
$0.07
|
$5.61
|
22.85%
|
$4.97
|
38.73%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/6/26
|
4/2/26
|
% Change
|
Change
|
3/6/26
|
% Change
|
4/3/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$112.41
|
$111.54
|
0.77%
|
$0.87
|
$87.52
|
28.44%
|
$62.85
|
78.85%
|
|
|
|
Brent
|
May-26
|
$114.43
|
$113.70
|
0.64%
|
$0.73
|
$92.69
|
23.46%
|
$66.55
|
71.95%
|
|
|
|
WCS
|
May-26
|
-$14.07
|
-$13.40
|
4.76%
|
-$0.67
|
-$12.63
|
11.48%
|
-$14.28
|
-1.44%
|
|
|
|
LLS
|
May-26
|
$99.64
|
$91.81
|
7.86%
|
$7.83
|
$78.79
|
26.46%
|
$64.03
|
55.61%
|
|
|
|
Mars
|
May-26
|
$105.74
|
$99.95
|
5.48%
|
$5.79
|
$77.61
|
36.24%
|
$61.94
|
70.71%
|
|
|
|
Sour
|
May-26
|
$107.29
|
$98.22
|
8.45%
|
$9.07
|
$79.75
|
34.54%
|
$64.25
|
67.00%
|
|
|
|
ESPO
|
May-26
|
$112.43
|
$111.70
|
0.65%
|
$0.73
|
$90.69
|
23.98%
|
$64.55
|
74.18%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/6/26
|
4/2/26
|
% Change
|
Change
|
3/6/26
|
% Change
|
4/3/25
|
% Change
|
|
|
|
NY Heating Oil
|
May-26
|
$4.34
|
$4.40
|
-1.39%
|
-$0.06
|
$3.26
|
33.09%
|
$2.10
|
106.18%
|
|
|
|
NY Gasoline
|
May-26
|
$3.32
|
$3.28
|
1.28%
|
$0.04
|
$2.70
|
22.93%
|
$2.02
|
64.58%
|
|
|
|
GC Gasoline
|
May-26
|
$3.18
|
$3.14
|
1.34%
|
$0.04
|
$2.56
|
24.19%
|
$1.92
|
65.87%
|
|
|
|
GC Jet
|
May-26
|
$4.32
|
$4.11
|
5.14%
|
$0.21
|
$3.30
|
31.00%
|
$2.02
|
114.13%
|
|
|
|
Chicago Ethanol
|
May-26
|
$2.01
|
$2.01
|
0.25%
|
$0.00
|
$1.89
|
6.07%
|
$1.67
|
20.07%
|
|
|
|
Rotterdam Gasoil
|
May-26
|
$988.90
|
$970.00
|
1.95%
|
$18.90
|
$796.50
|
24.16%
|
$641.39
|
54.18%
|
|
|
|
Singapore Jet Kero
|
May-26
|
$166.15
|
$167.88
|
-1.03%
|
-$1.73
|
$136.32
|
21.88%
|
$81.38
|
104.16%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/6/26
|
4/2/26
|
% Change
|
Change
|
3/6/26
|
% Change
|
4/3/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-26
|
50.37%
|
55.43%
|
-9.13%
|
-5.06%
|
59.20%
|
-14.92%
|
38.26%
|
31.65%
|
|
|
|
Algonquin Straddle
|
May-26
|
121.64%
|
107.11%
|
13.57%
|
14.53%
|
129.57%
|
-6.12%
|
39.71%
|
206.32%
|
|
|
|
Waha Straddle
|
May-26
|
155.60%
|
170.92%
|
-8.96%
|
-15.32%
|
885.07%
|
-82.42%
|
1941.59%
|
-91.99%
|
|
|
|
Chicago Straddle
|
May-26
|
56.22%
|
60.18%
|
-6.58%
|
-3.96%
|
63.21%
|
-11.06%
|
40.31%
|
39.47%
|
|
|
|
PJM West Straddle
|
May-26
|
48.45%
|
46.13%
|
5.03%
|
2.32%
|
43.39%
|
11.66%
|
54.29%
|
-10.76%
|
|
|
|
SP – 15 Straddle
|
May-26
|
246.04%
|
208.54%
|
17.98%
|
37.50%
|
320.48%
|
-23.23%
|
240.87%
|
2.15%
|
|
|
|
Mid. C Straddle
|
May-26
|
111.73%
|
106.33%
|
5.08%
|
5.40%
|
84.89%
|
31.62%
|
48.77%
|
129.10%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/6/26
|
4/2/26
|
% Change
|
Change
|
3/6/26
|
% Change
|
4/3/25
|
% Change
|
|
|
|
Dutch TTF
|
May-26
|
EUR 50.05
|
EUR 50.08
|
-0.07%
|
-EUR 0.03
|
EUR 51.88
|
-3.53%
|
EUR 33.43
|
49.71%
|
|
|
|
NBP
|
May-26
|
GBP 126.89
|
GBP 126.55
|
0.27%
|
GBP 0.34
|
GBP 132.74
|
-4.40%
|
GBP 82.62
|
53.60%
|
|
|
|
German Base
|
May-26
|
EUR 83.39
|
EUR 83.39
|
0.00%
|
EUR 0.00
|
EUR 87.30
|
-4.48%
|
EUR 67.51
|
23.52%
|
|
|
|
UK Base
|
May-26
|
GBP 96.26
|
GBP 97.59
|
-1.36%
|
-GBP 1.33
|
GBP 103.33
|
-6.84%
|
GBP 68.56
|
40.41%
|
|
|
|
French Base
|
May-26
|
EUR 20.87
|
EUR 21.17
|
-1.40%
|
-EUR 0.30
|
EUR 20.50
|
1.81%
|
EUR 35.92
|
-41.89%
|
|
|
|
Italian Base
|
May-26
|
EUR 122.86
|
EUR 124.94
|
-1.66%
|
-EUR 2.08
|
EUR 118.57
|
3.63%
|
EUR 88.18
|
39.34%
|
|
|
|
JKM LNG
|
May-26
|
$19.44
|
$20.28
|
-4.14%
|
-$0.84
|
$20.17
|
-3.64%
|
$10.97
|
77.19%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/6/26
|
4/2/26
|
% Change
|
Change
|
3/6/26
|
% Change
|
4/3/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-26
|
$50.05
|
$50.08
|
-0.07%
|
-$0.03
|
$51.88
|
-3.53%
|
$33.43
|
49.71%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-26
|
$126.89
|
$126.55
|
0.27%
|
$0.34
|
$132.74
|
-4.40%
|
$82.62
|
53.60%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-26
|
$83.39
|
$83.39
|
0.00%
|
$0.00
|
$87.30
|
-4.48%
|
$67.51
|
23.52%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-26
|
$96.26
|
$97.59
|
-1.36%
|
-$1.33
|
$103.33
|
-6.84%
|
$68.56
|
40.41%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-26
|
$20.87
|
$21.17
|
-1.40%
|
-$0.30
|
$20.50
|
1.81%
|
$35.92
|
-41.89%
|
|
|
|
Supramax Timecharter (DRY)
|
May-26
|
$122.86
|
$124.94
|
-1.66%
|
-$2.08
|
$118.57
|
3.63%
|
$88.18
|
39.34%
|
|
|
|
Capesize Timecharter (DRY)
|
May-26
|
$19.44
|
$20.28
|
-4.14%
|
-$0.84
|
$20.17
|
-3.64%
|
$10.97
|
77.19%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/04/2026
|
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
|
1
|
1
|
1
|
1
|
1
|
1
|
NA
|
NA
|
|
|
|
E N Central
|
1
|
1
|
1
|
1
|
0
|
1
|
NA
|
NA
|
|
|
|
W N Central
|
2
|
1
|
1
|
7
|
4
|
7
|
NA
|
NA
|
|
|
|
South Atlantic
|
27
|
14
|
-6
|
134
|
14
|
18
|
12.00%
|
16.00%
|
|
|
|
E S Central
|
31
|
26
|
11
|
65
|
32
|
40
|
NA
|
NA
|
|
|
|
W S Central
|
48
|
33
|
6
|
213
|
124
|
84
|
NA
|
NA
|
|
|
|
Mountain
|
9
|
4
|
9
|
58
|
41
|
47
|
NA
|
NA
|
|
|
|
Pacific
|
2
|
0
|
2
|
29
|
21
|
29
|
NA
|
NA
|
|
|
|
United States
|
13
|
9
|
1
|
62
|
25
|
23
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/04/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
134
|
-36
|
-19
|
5,836
|
59
|
379
|
1.00%
|
7.00%
|
|
|
|
Middle Atlantic
|
84
|
-66
|
-15
|
5,185
|
-58
|
397
|
-1.00%
|
8.00%
|
|
|
|
E N Central
|
93
|
-62
|
-26
|
5,488
|
-297
|
218
|
-5.00%
|
4.00%
|
|
|
|
W N Central
|
115
|
-35
|
-33
|
5,318
|
-786
|
-242
|
-13.00%
|
-4.00%
|
|
|
|
South Atlantic
|
23
|
-38
|
4
|
2,521
|
-119
|
88
|
-5.00%
|
4.00%
|
|
|
|
E S Central
|
17
|
-56
|
-7
|
2,946
|
-400
|
-30
|
-12.00%
|
-1.00%
|
|
|
|
W S Central
|
7
|
-31
|
-4
|
1,617
|
-579
|
-243
|
-26.00%
|
-13.00%
|
|
|
|
Mountain
|
84
|
-38
|
-61
|
3,414
|
-1,122
|
-780
|
-25.00%
|
-19.00%
|
|
|
|
Pacific
|
60
|
-23
|
-54
|
2,006
|
-713
|
-639
|
-26.00%
|
-24.00%
|
|
|
|
United States
|
62
|
-44
|
-22
|
3,639
|
-401
|
-68
|
-10.00%
|
-2.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
