|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:09 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$2.601
|
$2.627
|
-0.99%
|
-$0.026
|
11,260
|
|
|
|
WTI
|
$97.33
|
$99.08
|
-1.77%
|
-$1.75
|
60,506
|
|
|
|
Brent
|
$98.99
|
$99.36
|
-0.37%
|
-$0.37
|
10,390
|
|
|
|
ULSD
|
$3.839
|
$3.834
|
0.13%
|
$0.005
|
3,735
|
|
|
|
RBOB
|
$3.103
|
$3.116
|
-0.41%
|
-$0.013
|
3,605
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$6.78
|
$6.41
|
5.77%
|
$0.37
|
Jun-26
|
|
|
|
3:2:1 Crack
|
$43.84
|
$43.43
|
0.95%
|
$0.41
|
May-26
|
|
|
|
PJM West Spark
|
$54.46
|
$52.89
|
2.96%
|
$1.56
|
May-26
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
04/10/26
|
545
|
-3
|
-38
|
04/11/25
|
|
|
|
Canada
|
04/10/26
|
135
|
-7
|
-3
|
04/11/25
|
|
|
|
International
|
Mar-2026
|
1058
|
-54
|
-37
|
Mar-2025
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 4/7/2026
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
119,260
|
118,910
|
118,748
|
162
|
|
|
|
PJM West Off Peak
|
115,580
|
115,201
|
114,923
|
278
|
|
|
|
Natural Gas Henry Hub
|
385,339
|
369,313
|
365,335
|
3,978
|
|
|
|
WTI – Light Sweet Crude Futures
|
382,680
|
324,730
|
310,299
|
14,431
|
|
|
|
Brent Crude Last Day
|
404,126
|
391,624
|
395,425
|
-3,801
|
|
|
|
NYM Ethanol
|
49,605
|
49,074
|
48,957
|
117
|
|
|
|
Mt Belvieu LDH Propane Swap
|
111,943
|
111,389
|
111,133
|
256
|
|
|
|
RBOB
|
323,521
|
292,692
|
307,172
|
-14,480
|
|
|
|
HSC Basis
|
853,306
|
846,575
|
846,920
|
-345
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/09/21
|
|
|
|
|
|
4/3/26
|
3/27/26
|
Net Change
|
% Change
|
4/4/25
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
277
|
270
|
7
|
2.59%
|
296
|
-6.42%
|
309
|
-10.24%
|
|
|
|
Midwest
|
358
|
350
|
8
|
2.29%
|
373
|
-4.02%
|
404
|
-11.34%
|
|
|
|
Mountain
|
208
|
208
|
0
|
0.00%
|
165
|
26.06%
|
124
|
68.28%
|
|
|
|
Pacific
|
261
|
258
|
3
|
1.16%
|
206
|
26.70%
|
177
|
47.79%
|
|
|
|
South
|
807
|
779
|
28
|
3.59%
|
789
|
2.28%
|
829
|
-2.70%
|
|
|
|
Salt
|
226
|
214
|
12
|
5.61%
|
233
|
-3.00%
|
246
|
-8.13%
|
|
|
|
Non_Salt
|
581
|
565
|
16
|
2.83%
|
557
|
4.31%
|
583
|
-0.38%
|
|
|
|
Total
|
1,911
|
1,865
|
46
|
2.47%
|
1,830
|
4.43%
|
1,842
|
3.75%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/13/26
|
4/10/26
|
% Change
|
Change
|
3/13/26
|
% Change
|
4/10/25
|
% Change
|
|
|
|
PJM West On Peak
|
May-26
|
$60.02
|
$58.51
|
2.57%
|
$1.50
|
$64.51
|
-6.96%
|
$50.73
|
18.31%
|
|
|
|
ERCOT North On Peak
|
May-26
|
$33.70
|
$34.88
|
-3.38%
|
-$1.18
|
$38.28
|
-11.96%
|
$42.88
|
-21.41%
|
|
|
|
CAISO SP 15 On Peak
|
May-26
|
$4.50
|
$5.86
|
-23.26%
|
-$1.36
|
$11.03
|
-59.21%
|
$7.12
|
-36.79%
|
|
|
|
MISO Indiana On Peak
|
May-26
|
$47.05
|
$47.58
|
-1.11%
|
-$0.53
|
$51.05
|
-7.83%
|
$46.30
|
1.63%
|
|
|
|
NEISO Mass On Peak
|
May-26
|
$39.74
|
$40.26
|
-1.28%
|
-$0.52
|
$41.39
|
-3.99%
|
$42.53
|
-6.56%
|
|
|
|
WECC Mid C On Peak
|
May-26
|
$14.57
|
$16.42
|
-11.30%
|
-$1.86
|
$20.75
|
-29.80%
|
$27.45
|
-46.93%
|
|
|
|
NYISO Zone G On Peak
|
May-26
|
$38.71
|
$40.21
|
-3.73%
|
-$1.50
|
$43.05
|
-10.09%
|
$42.24
|
-8.35%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/13/26
|
4/10/26
|
% Change
|
Change
|
3/13/26
|
% Change
|
4/10/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
May-26
|
$2.627
|
$2.648
|
-0.79%
|
-$0.02
|
$3.13
|
-15.94%
|
$3.64
|
-27.75%
|
|
|
|
Houston Ship Channel
|
May-26
|
-$0.395
|
-$0.390
|
1.28%
|
-$0.01
|
-$0.39
|
2.49%
|
-$0.34
|
17.77%
|
|
|
|
Chicago
|
May-26
|
-$0.403
|
-$0.403
|
0.00%
|
$0.00
|
-$0.35
|
15.99%
|
-$0.34
|
19.54%
|
|
|
|
Waha
|
May-26
|
-$6.468
|
-$6.160
|
-4.99%
|
-$0.31
|
-$4.62
|
39.98%
|
-$2.35
|
174.72%
|
|
|
|
Algonquin
|
May-26
|
-$0.540
|
-$0.540
|
0.00%
|
$0.00
|
-$0.88
|
-38.46%
|
-$0.24
|
125.66%
|
|
|
|
Aeco
|
May-26
|
-$1.810
|
-$1.800
|
0.56%
|
-$0.01
|
-$1.81
|
0.08%
|
-$1.57
|
15.60%
|
|
|
|
Socal
|
May-26
|
-$1.880
|
-$1.845
|
1.90%
|
-$0.03
|
-$1.84
|
2.36%
|
-$0.71
|
163.86%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/13/26
|
4/10/26
|
% Change
|
Change
|
3/13/26
|
% Change
|
4/10/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
May-26
|
$0.778
|
$0.750
|
3.67%
|
$0.03
|
$0.79
|
-1.11%
|
$0.64
|
21.58%
|
|
|
|
Mt. Belvieu Propane non LST
|
May-26
|
$0.781
|
$0.729
|
7.14%
|
$0.05
|
$0.75
|
4.10%
|
$0.65
|
20.64%
|
|
|
|
Mt. Belview Ethane
|
May-26
|
$0.209
|
$0.204
|
2.45%
|
$0.01
|
$0.24
|
-14.78%
|
$0.25
|
-18.05%
|
|
|
|
Mt. Belview Nat. Gasoline
|
May-26
|
$2.035
|
$1.960
|
3.83%
|
$0.08
|
$1.89
|
7.62%
|
$1.14
|
77.92%
|
|
|
|
Mt. Belvieu Butane LST
|
May-26
|
$1.015
|
$1.002
|
1.25%
|
$0.01
|
$1.02
|
-0.11%
|
$0.76
|
32.73%
|
|
|
|
Far East Propane
|
May-26
|
$7.900
|
$7.690
|
2.74%
|
$0.21
|
$6.92
|
14.10%
|
$4.69
|
68.29%
|
|
|
|
Saudi Propane
|
May-26
|
$6.870
|
$6.600
|
4.09%
|
$0.27
|
$5.80
|
18.45%
|
$4.70
|
46.03%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/13/26
|
4/10/26
|
% Change
|
Change
|
3/13/26
|
% Change
|
4/10/25
|
% Change
|
|
|
|
WTI
|
Jun-26
|
$92.95
|
$89.58
|
3.63%
|
$3.37
|
$92.48
|
0.51%
|
$58.41
|
59.13%
|
|
|
|
Brent
|
Jun-26
|
$99.36
|
$95.20
|
4.19%
|
$4.16
|
$98.91
|
0.45%
|
$62.05
|
60.13%
|
|
|
|
WCS
|
Jun-26
|
-$14.85
|
-$13.83
|
6.86%
|
-$1.02
|
-$11.70
|
26.96%
|
-$12.75
|
16.43%
|
|
|
|
LLS
|
Jun-26
|
$87.49
|
$87.38
|
0.13%
|
$0.11
|
$89.47
|
-2.21%
|
$59.74
|
46.46%
|
|
|
|
Mars
|
Jun-26
|
$89.12
|
$87.53
|
1.79%
|
$1.59
|
$88.76
|
0.40%
|
$58.89
|
51.33%
|
|
|
|
Sour
|
Jun-26
|
$90.49
|
$90.76
|
-0.29%
|
-$0.26
|
$91.51
|
-1.11%
|
$58.70
|
54.15%
|
|
|
|
ESPO
|
Jun-26
|
$97.36
|
$93.20
|
4.27%
|
$4.16
|
$96.91
|
0.46%
|
$60.05
|
62.13%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/13/26
|
4/10/26
|
% Change
|
Change
|
3/13/26
|
% Change
|
4/10/25
|
% Change
|
|
|
|
NY Heating Oil
|
May-26
|
$3.80
|
$3.74
|
1.52%
|
$0.06
|
$4.43
|
-14.12%
|
$2.00
|
90.34%
|
|
|
|
NY Gasoline
|
May-26
|
$3.14
|
$3.00
|
4.80%
|
$0.14
|
$3.21
|
-2.02%
|
$2.02
|
56.00%
|
|
|
|
GC Gasoline
|
May-26
|
$3.01
|
$2.86
|
5.03%
|
$0.14
|
$3.07
|
-2.12%
|
$1.92
|
56.84%
|
|
|
|
GC Jet
|
May-26
|
$3.67
|
$4.08
|
-10.01%
|
-$0.41
|
$4.24
|
-13.45%
|
$1.83
|
100.55%
|
|
|
|
Chicago Ethanol
|
May-26
|
$1.94
|
$1.93
|
0.16%
|
$0.00
|
$2.01
|
-3.58%
|
$1.68
|
15.63%
|
|
|
|
Rotterdam Gasoil
|
May-26
|
$939.25
|
$904.25
|
3.87%
|
$35.00
|
$970.00
|
-3.17%
|
$546.48
|
71.87%
|
|
|
|
Singapore Jet Kero
|
May-26
|
$174.19
|
$167.40
|
4.06%
|
$6.79
|
$153.87
|
13.20%
|
$80.34
|
116.82%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/13/26
|
4/10/26
|
% Change
|
Change
|
3/13/26
|
% Change
|
4/10/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-26
|
50.44%
|
50.56%
|
-0.24%
|
-0.12%
|
80.49%
|
-37.33%
|
45.58%
|
10.66%
|
|
|
|
Algonquin Straddle
|
May-26
|
88.48%
|
92.31%
|
-4.15%
|
-3.83%
|
165.15%
|
-46.42%
|
47.35%
|
86.86%
|
|
|
|
Waha Straddle
|
May-26
|
152.86%
|
143.32%
|
6.66%
|
9.54%
|
789.89%
|
-80.65%
|
1730.92%
|
-91.17%
|
|
|
|
Chicago Straddle
|
May-26
|
54.89%
|
55.69%
|
-1.44%
|
-0.80%
|
83.18%
|
-34.01%
|
47.23%
|
16.22%
|
|
|
|
PJM West Straddle
|
May-26
|
46.21%
|
45.30%
|
2.01%
|
0.91%
|
49.57%
|
-6.78%
|
52.66%
|
-12.25%
|
|
|
|
SP – 15 Straddle
|
May-26
|
246.02%
|
249.33%
|
-1.33%
|
-3.31%
|
279.79%
|
-12.07%
|
249.93%
|
-1.56%
|
|
|
|
Mid. C Straddle
|
May-26
|
59.94%
|
110.43%
|
-45.72%
|
-50.49%
|
63.37%
|
-5.41%
|
46.93%
|
27.72%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/13/26
|
4/10/26
|
% Change
|
Change
|
3/13/26
|
% Change
|
4/10/25
|
% Change
|
|
|
|
Dutch TTF
|
May-26
|
EUR 45.61
|
EUR 43.85
|
4.00%
|
EUR 1.76
|
EUR 50.26
|
-9.25%
|
EUR 31.18
|
46.29%
|
|
|
|
NBP
|
May-26
|
GBP 114.79
|
GBP 110.19
|
4.17%
|
GBP 4.60
|
GBP 127.58
|
-10.03%
|
GBP 80.60
|
42.43%
|
|
|
|
German Base
|
May-26
|
EUR 79.39
|
EUR 77.49
|
2.45%
|
EUR 1.90
|
EUR 84.33
|
-5.86%
|
EUR 62.86
|
26.30%
|
|
|
|
UK Base
|
May-26
|
GBP 88.58
|
GBP 86.35
|
2.58%
|
GBP 2.23
|
GBP 93.53
|
-5.29%
|
GBP 69.36
|
27.71%
|
|
|
|
French Base
|
May-26
|
EUR 26.70
|
EUR 23.42
|
13.97%
|
EUR 3.27
|
EUR 20.48
|
30.34%
|
EUR 38.40
|
-30.48%
|
|
|
|
Italian Base
|
May-26
|
EUR 120.08
|
EUR 113.46
|
5.84%
|
EUR 6.63
|
EUR 118.38
|
1.44%
|
EUR 86.43
|
38.93%
|
|
|
|
JKM LNG
|
May-26
|
$20.04
|
$18.56
|
7.99%
|
$1.48
|
$18.61
|
7.65%
|
$10.94
|
83.16%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/13/26
|
4/10/26
|
% Change
|
Change
|
3/13/26
|
% Change
|
4/10/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-26
|
$45.61
|
$43.85
|
4.00%
|
$1.76
|
$50.26
|
-9.25%
|
$31.18
|
46.29%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-26
|
$114.79
|
$110.19
|
4.17%
|
$4.60
|
$127.58
|
-10.03%
|
$80.60
|
42.43%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-26
|
$79.39
|
$77.49
|
2.45%
|
$1.90
|
$84.33
|
-5.86%
|
$62.86
|
26.30%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-26
|
$88.58
|
$86.35
|
2.58%
|
$2.23
|
$93.53
|
-5.29%
|
$69.36
|
27.71%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-26
|
$26.70
|
$23.42
|
13.97%
|
$3.27
|
$20.48
|
30.34%
|
$38.40
|
-30.48%
|
|
|
|
Supramax Timecharter (DRY)
|
May-26
|
$120.08
|
$113.46
|
5.84%
|
$6.63
|
$118.38
|
1.44%
|
$86.43
|
38.93%
|
|
|
|
Capesize Timecharter (DRY)
|
May-26
|
$20.04
|
$18.56
|
7.99%
|
$1.48
|
$18.61
|
7.65%
|
$10.94
|
83.16%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/11/2026
|
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
|
1
|
1
|
1
|
NA
|
NA
|
|
|
|
E N Central
|
0
|
0
|
0
|
1
|
0
|
1
|
NA
|
NA
|
|
|
|
W N Central
|
0
|
-1
|
0
|
7
|
3
|
7
|
NA
|
NA
|
|
|
|
South Atlantic
|
15
|
2
|
-10
|
150
|
17
|
7
|
13.00%
|
6.00%
|
|
|
|
E S Central
|
1
|
-4
|
-7
|
65
|
27
|
32
|
NA
|
NA
|
|
|
|
W S Central
|
20
|
4
|
7
|
234
|
129
|
91
|
123.00%
|
64.00%
|
|
|
|
Mountain
|
11
|
5
|
3
|
69
|
46
|
50
|
NA
|
NA
|
|
|
|
Pacific
|
0
|
-2
|
0
|
29
|
19
|
29
|
NA
|
NA
|
|
|
|
United States
|
6
|
1
|
-1
|
68
|
26
|
22
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/11/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
156
|
1
|
-22
|
5,992
|
61
|
357
|
1.00%
|
6.00%
|
|
|
|
Middle Atlantic
|
136
|
2
|
-28
|
5,321
|
-56
|
369
|
-1.00%
|
7.00%
|
|
|
|
E N Central
|
135
|
-2
|
-40
|
5,623
|
-300
|
178
|
-5.00%
|
3.00%
|
|
|
|
W N Central
|
130
|
0
|
-19
|
5,448
|
-786
|
-261
|
-13.00%
|
-5.00%
|
|
|
|
South Atlantic
|
45
|
-6
|
-6
|
2,567
|
-124
|
83
|
-5.00%
|
3.00%
|
|
|
|
E S Central
|
48
|
-14
|
-26
|
2,994
|
-413
|
-56
|
-12.00%
|
-2.00%
|
|
|
|
W S Central
|
25
|
-5
|
-22
|
1,641
|
-584
|
-264
|
-26.00%
|
-14.00%
|
|
|
|
Mountain
|
67
|
-45
|
-26
|
3,481
|
-1,167
|
-806
|
-25.00%
|
-19.00%
|
|
|
|
Pacific
|
39
|
-38
|
-8
|
2,046
|
-750
|
-646
|
-27.00%
|
-24.00%
|
|
|
|
United States
|
82
|
-12
|
-21
|
3,721
|
-413
|
-89
|
-10.00%
|
-2.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|

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