|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 8:15 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$2.761
|
$2.870
|
-3.80%
|
-$0.109
|
46,981
|
|
|
|
WTI
|
$92.60
|
$112.95
|
-18.02%
|
-$20.35
|
270,710
|
|
|
|
Brent
|
$91.28
|
$109.27
|
-16.46%
|
-$17.99
|
44,868
|
|
|
|
ULSD
|
$3.707
|
$4.477
|
-17.21%
|
-$0.771
|
17,771
|
|
|
|
RBOB
|
$2.917
|
$3.305
|
-11.75%
|
-$0.388
|
17,444
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$6.53
|
$9.89
|
-33.97%
|
-$3.36
|
Jun-26
|
|
|
|
3:2:1 Crack
|
$42.81
|
$46.66
|
-8.24%
|
-$3.85
|
May-26
|
|
|
|
PJM West Spark
|
$59.01
|
$56.82
|
3.85%
|
$2.19
|
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
|
4/7/26
|
4/6/26
|
% Change
|
Change
|
3/9/26
|
% Change
|
4/4/25
|
% Change
|
|
|
|
PJM West On Peak
|
May-26
|
$64.89
|
$62.96
|
3.07%
|
$1.93
|
$58.48
|
10.96%
|
$53.73
|
20.76%
|
|
|
|
ERCOT North On Peak
|
May-26
|
$34.68
|
$33.63
|
3.10%
|
$1.04
|
$37.36
|
-7.17%
|
$45.04
|
-23.01%
|
|
|
|
CAISO SP 15 On Peak
|
May-26
|
$7.08
|
$7.65
|
-7.45%
|
-$0.57
|
$9.39
|
-24.61%
|
$6.36
|
11.32%
|
|
|
|
MISO Indiana On Peak
|
May-26
|
$51.20
|
$52.02
|
-1.58%
|
-$0.82
|
$47.19
|
8.49%
|
$48.23
|
6.16%
|
|
|
|
NEISO Mass On Peak
|
May-26
|
$43.01
|
$42.82
|
0.46%
|
$0.20
|
$43.57
|
-1.28%
|
$46.93
|
-8.33%
|
|
|
|
WECC Mid C On Peak
|
May-26
|
$17.57
|
$17.16
|
2.42%
|
$0.42
|
$19.05
|
-7.74%
|
$26.13
|
-32.74%
|
|
|
|
NYISO Zone G On Peak
|
May-26
|
$45.86
|
$46.55
|
-1.48%
|
-$0.69
|
$45.23
|
1.38%
|
$48.45
|
-5.36%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/26
|
4/6/26
|
% Change
|
Change
|
3/9/26
|
% Change
|
4/4/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
May-26
|
$2.870
|
$2.811
|
2.10%
|
$0.06
|
$3.13
|
-8.25%
|
$3.82
|
-24.81%
|
|
|
|
Houston Ship Channel
|
May-26
|
-$0.403
|
-$0.403
|
0.00%
|
$0.00
|
-$0.37
|
9.23%
|
-$0.40
|
-0.57%
|
|
|
|
Chicago
|
May-26
|
-$0.382
|
-$0.373
|
-2.61%
|
-$0.01
|
-$0.33
|
14.42%
|
-$0.37
|
2.57%
|
|
|
|
Waha
|
May-26
|
-$5.950
|
-$5.950
|
0.00%
|
$0.00
|
-$4.62
|
28.67%
|
-$4.03
|
47.63%
|
|
|
|
Algonquin
|
May-26
|
-$0.585
|
-$0.580
|
-0.86%
|
$0.00
|
-$0.95
|
-38.23%
|
-$0.24
|
142.54%
|
|
|
|
Aeco
|
May-26
|
-$1.900
|
-$1.830
|
3.83%
|
-$0.07
|
-$1.71
|
11.16%
|
-$1.80
|
5.48%
|
|
|
|
Socal
|
May-26
|
-$1.910
|
-$1.870
|
2.14%
|
-$0.04
|
-$1.75
|
9.41%
|
-$0.82
|
134.24%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/26
|
4/6/26
|
% Change
|
Change
|
3/9/26
|
% Change
|
4/4/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
May-26
|
$0.773
|
$0.770
|
0.32%
|
$0.00
|
$0.77
|
0.85%
|
$0.67
|
15.07%
|
|
|
|
Mt. Belvieu Propane non LST
|
May-26
|
$0.741
|
$0.730
|
1.54%
|
$0.01
|
$0.71
|
4.61%
|
$0.61
|
20.87%
|
|
|
|
Mt. Belview Ethane
|
May-26
|
$0.211
|
$0.215
|
-1.74%
|
$0.00
|
$0.25
|
-13.78%
|
$0.27
|
-20.38%
|
|
|
|
Mt. Belview Nat. Gasoline
|
May-26
|
$2.225
|
$2.186
|
1.77%
|
$0.04
|
$1.76
|
26.42%
|
$1.17
|
89.82%
|
|
|
|
Mt. Belvieu Butane LST
|
May-26
|
$1.023
|
$1.003
|
2.05%
|
$0.02
|
$0.97
|
5.96%
|
$0.82
|
24.38%
|
|
|
|
Far East Propane
|
May-26
|
$8.002
|
$7.850
|
1.93%
|
$0.15
|
$6.44
|
24.25%
|
$4.54
|
76.17%
|
|
|
|
Saudi Propane
|
May-26
|
$7.180
|
$6.892
|
4.18%
|
$0.29
|
$6.00
|
19.67%
|
$4.89
|
46.88%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/26
|
4/6/26
|
% Change
|
Change
|
3/9/26
|
% Change
|
4/4/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$112.95
|
$112.41
|
0.48%
|
$0.54
|
$91.48
|
23.47%
|
$59.46
|
89.96%
|
|
|
|
Brent
|
May-26
|
$113.68
|
$114.43
|
-0.66%
|
-$0.75
|
$98.96
|
14.88%
|
$63.23
|
79.79%
|
|
|
|
WCS
|
May-26
|
-$14.57
|
-$14.07
|
3.37%
|
-$0.49
|
-$9.95
|
46.39%
|
-$14.23
|
2.38%
|
|
|
|
LLS
|
May-26
|
$102.06
|
$99.64
|
2.37%
|
$2.42
|
$86.97
|
17.34%
|
$61.76
|
65.24%
|
|
|
|
Mars
|
May-26
|
$101.82
|
$105.74
|
-3.85%
|
-$3.92
|
$86.35
|
17.91%
|
$60.46
|
68.41%
|
|
|
|
Sour
|
May-26
|
$110.22
|
$107.29
|
2.66%
|
$2.93
|
$90.41
|
21.91%
|
$60.62
|
81.83%
|
|
|
|
ESPO
|
May-26
|
$111.68
|
$112.43
|
-0.67%
|
-$0.75
|
$96.96
|
15.18%
|
$61.23
|
82.40%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/26
|
4/6/26
|
% Change
|
Change
|
3/9/26
|
% Change
|
4/4/25
|
% Change
|
|
|
|
NY Heating Oil
|
May-26
|
$4.44
|
$4.45
|
-0.20%
|
-$0.01
|
$4.32
|
2.80%
|
$2.02
|
119.60%
|
|
|
|
NY Gasoline
|
May-26
|
$3.31
|
$3.25
|
1.79%
|
$0.06
|
$3.20
|
3.38%
|
$1.91
|
72.91%
|
|
|
|
GC Gasoline
|
May-26
|
$3.17
|
$3.11
|
1.87%
|
$0.06
|
$3.06
|
3.53%
|
$1.81
|
74.72%
|
|
|
|
GC Jet
|
May-26
|
$4.28
|
$4.28
|
-0.12%
|
$0.00
|
$4.28
|
-0.07%
|
$1.91
|
123.85%
|
|
|
|
Chicago Ethanol
|
May-26
|
$1.99
|
$2.01
|
-1.24%
|
-$0.02
|
$2.01
|
-1.24%
|
$1.64
|
21.33%
|
|
|
|
Rotterdam Gasoil
|
May-26
|
$975.75
|
$970.00
|
0.59%
|
$5.75
|
$970.00
|
0.59%
|
$576.93
|
69.13%
|
|
|
|
Singapore Jet Kero
|
May-26
|
$173.18
|
$170.42
|
1.62%
|
$2.77
|
$149.76
|
15.64%
|
$77.97
|
122.13%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/26
|
4/6/26
|
% Change
|
Change
|
3/9/26
|
% Change
|
4/4/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-26
|
50.40%
|
50.37%
|
0.06%
|
0.03%
|
73.63%
|
-31.55%
|
42.59%
|
18.34%
|
|
|
|
Algonquin Straddle
|
May-26
|
113.74%
|
121.64%
|
-6.49%
|
-7.90%
|
144.44%
|
-21.25%
|
44.22%
|
157.21%
|
|
|
|
Waha Straddle
|
May-26
|
150.94%
|
155.60%
|
-2.99%
|
-4.66%
|
968.74%
|
-84.42%
|
1897.97%
|
-92.05%
|
|
|
|
Chicago Straddle
|
May-26
|
54.47%
|
56.22%
|
-3.11%
|
-1.75%
|
78.62%
|
-30.72%
|
45.13%
|
20.70%
|
|
|
|
PJM West Straddle
|
May-26
|
44.64%
|
48.45%
|
-7.86%
|
-3.81%
|
42.62%
|
4.74%
|
54.50%
|
-18.09%
|
|
|
|
SP – 15 Straddle
|
May-26
|
243.13%
|
246.04%
|
-1.18%
|
-2.91%
|
328.17%
|
-25.91%
|
241.11%
|
0.84%
|
|
|
|
Mid. C Straddle
|
May-26
|
115.17%
|
111.73%
|
3.08%
|
3.44%
|
27.64%
|
316.68%
|
49.07%
|
134.71%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/26
|
4/6/26
|
% Change
|
Change
|
3/9/26
|
% Change
|
4/4/25
|
% Change
|
|
|
|
Dutch TTF
|
May-26
|
EUR 52.42
|
EUR 50.05
|
4.74%
|
EUR 2.37
|
EUR 54.92
|
-4.54%
|
EUR 32.54
|
61.07%
|
|
|
|
NBP
|
May-26
|
GBP 132.92
|
GBP 126.89
|
4.75%
|
GBP 6.03
|
GBP 140.99
|
-5.72%
|
GBP 79.56
|
67.07%
|
|
|
|
German Base
|
May-26
|
EUR 86.38
|
EUR 83.39
|
3.59%
|
EUR 2.99
|
EUR 90.51
|
-4.56%
|
EUR 64.94
|
33.01%
|
|
|
|
UK Base
|
May-26
|
GBP 100.83
|
GBP 96.26
|
4.75%
|
GBP 4.57
|
GBP 110.50
|
-8.75%
|
GBP 67.44
|
49.51%
|
|
|
|
French Base
|
May-26
|
EUR 21.44
|
EUR 20.87
|
2.73%
|
EUR 0.57
|
EUR 22.16
|
-3.24%
|
EUR 34.11
|
-37.14%
|
|
|
|
Italian Base
|
May-26
|
EUR 125.73
|
EUR 122.86
|
2.33%
|
EUR 2.87
|
EUR 132.05
|
-4.79%
|
EUR 87.50
|
43.70%
|
|
|
|
JKM LNG
|
May-26
|
$20.46
|
$19.82
|
3.21%
|
$0.64
|
$19.16
|
6.77%
|
$10.74
|
90.39%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/7/26
|
4/6/26
|
% Change
|
Change
|
3/9/26
|
% Change
|
4/4/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-26
|
$52.42
|
$50.05
|
4.74%
|
$2.37
|
$54.92
|
-4.54%
|
$32.54
|
61.07%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-26
|
$132.92
|
$126.89
|
4.75%
|
$6.03
|
$140.99
|
-5.72%
|
$79.56
|
67.07%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-26
|
$86.38
|
$83.39
|
3.59%
|
$2.99
|
$90.51
|
-4.56%
|
$64.94
|
33.01%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-26
|
$100.83
|
$96.26
|
4.75%
|
$4.57
|
$110.50
|
-8.75%
|
$67.44
|
49.51%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-26
|
$21.44
|
$20.87
|
2.73%
|
$0.57
|
$22.16
|
-3.24%
|
$34.11
|
-37.14%
|
|
|
|
Supramax Timecharter (DRY)
|
May-26
|
$125.73
|
$122.86
|
2.33%
|
$2.87
|
$132.05
|
-4.79%
|
$87.50
|
43.70%
|
|
|
|
Capesize Timecharter (DRY)
|
May-26
|
$20.46
|
$19.82
|
3.21%
|
$0.64
|
$19.16
|
6.77%
|
$10.74
|
90.39%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
