Prices as of 8:51 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$1.760

$1.712

2.80%

$0.048

47,611

 

 

WTI

$83.13

$82.69

0.53%

$0.44

29,302

 

 

Brent

$87.47

$87.29

0.21%

$0.18

16,768

 

 

ULSD

$2.560

$2.575

-0.57%

-$0.015

9,392

 

 

RBOB

$2.718

$2.729

-0.39%

-$0.011

7,317

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.99

$5.14

-2.92%

-$0.15

Jun-24

 

 

3:2:1 Crack

$28.75

$29.56

-2.75%

-$0.81

May-24

 

 

PJM West Spark

$32.45

$33.29

-2.51%

-$0.83

May-24

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

04/12/24

617

-3

-131

04/15/23

 

 

Canada

04/12/24

141

5

30

04/15/23

 

 

International

Mar

971

13

41

Mar

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 4/9/2024

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

93,098

92,681

92,737

-56

 

 

PJM West Off Peak

82,885

82,582

82,673

-91

 

 

Natural Gas Henry Hub

368,676

348,085

355,480

-7,395

 

 

WTI – Light Sweet Crude Futures

160,242

139,582

130,819

8,763

 

 

Brent Crude Last Day

120,713

111,387

113,804

-2,417

 

 

NYM Ethanol

39,250

38,499

38,999

-500

 

 

Mt Belvieu LDH Propane Swap

147,247

145,998

146,835

-837

 

 

RBOB

426,032

396,941

409,498

-12,557

 

 

HSC Basis

799,092

790,761

793,075

-2,314

 

 

 

 

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

 

 

 

 

04/05/19

 

 

 

4/5/24

3/29/24

Net Change

% Change

4/7/23

% Change

5 Year Avg.

% Change

 

 

East

362

363

-1

-0.28%

345

4.93%

299

21.15%

 

 

Midwest

512

510

2

0.39%

427

19.91%

372

37.56%

 

 

Mountain

165

162

3

1.85%

80

106.25%

89

84.56%

 

 

Pacific

229

227

2

0.88%

74

209.46%

154

48.70%

 

 

South

1,014

996

18

1.81%

929

9.15%

756

34.16%

 

 

    Salt

299

294

5

1.70%

261

14.56%

230

30.00%

 

 

    Non_Salt

714

701

13

1.85%

667

7.05%

526

35.84%

 

 

Total

2,283

2,259

24

1.06%

1,855

23.07%

1,670

36.72%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/17/24

4/16/24

% Change

Change

3/19/24

% Change

4/18/23

% Change

 

 

PJM West On Peak

May-24

$36.22

$36.95

-1.97%

-$0.73

$38.29

-5.40%

$46.87

-22.71%

 

 

ERCOT North On Peak

May-24

$39.70

$38.47

3.19%

$1.23

$38.23

3.84%

$35.83

10.78%

 

 

CAISO SP 15 On Peak

May-24

$9.13

$8.75

4.37%

$0.38

$17.74

-48.52%

$31.00

-70.54%

 

 

MISO Indiana On Peak

May-24

$36.61

$35.98

1.76%

$0.63

$39.68

-7.73%

$51.28

-28.60%

 

 

NEISO Mass On Peak

May-24

$28.30

$29.36

-3.60%

-$1.06

$29.23

-3.19%

$41.24

-31.38%

 

 

WECC Mid C On Peak

May-24

$26.75

$23.81

12.37%

$2.94

$29.18

-8.34%

$52.57

-49.11%

 

 

NYISO Zone G On Peak

May-24

$28.54

$28.73

-0.67%

-$0.19

$30.19

-5.49%

$45.73

-37.61%

 

 

 

 

 

Natural Gas & Basis

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/17/24

4/16/24

% Change

Change

3/19/24

% Change

4/18/23

% Change

 

 

NYMEX Henry Hub

May-24

$1.712

$1.732

-1.15%

-$0.02

$1.88

-8.74%

$3.17

-45.99%

 

 

Houston Ship Channel

May-24

-$0.333

-$0.340

-2.26%

$0.01

-$0.18

86.49%

-$0.38

-12.52%

 

 

Chicago

May-24

-$0.180

-$0.210

16.70%

$0.03

-$0.12

45.44%

-$0.15

19.81%

 

 

Waha

May-24

-$2.252

-$2.211

-1.82%

-$0.04

-$1.29

75.06%

-$1.49

51.16%

 

 

Algonquin

May-24

-$0.153

-$0.149

-2.28%

$0.00

-$0.19

-21.03%

-$0.33

-54.40%

 

 

Aeco

May-24

-$0.681

-$0.765

-10.98%

$0.08

-$0.57

20.40%

-$1.02

-33.10%

 

 

Socal

May-24

-$0.330

-$0.367

-10.21%

$0.04

-$0.15

117.48%

-$0.06

461.67%

 

 

 

 

 

Natural Gas Liquids

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/17/24

4/16/24

% Change

Change

3/19/24

% Change

4/18/23

% Change

 

 

Mt. Belvieu Propane LST

May-24

$0.790

$0.810

-2.49%

-$0.02

$0.82

-4.11%

$0.78

0.90%

 

 

Mt. Belvieu Propane non LST

May-24

$0.782

$0.804

-2.65%

-$0.02

$0.82

-4.78%

$0.78

-0.11%

 

 

Mt. Belview Ethane

May-24

$0.191

$0.190

0.66%

$0.00

$0.19

3.09%

$0.23

-17.07%

 

 

Mt. Belview Nat. Gasoline

May-24

$1.610

$1.650

-2.42%

-$0.04

$1.64

-1.78%

$1.53

4.96%

 

 

Mt. Belvieu Butane LST

May-24

$0.910

$0.924

-1.44%

-$0.01

$0.92

-1.13%

$0.88

3.60%

 

 

Far East Propane

May-24

$6.080

$6.050

0.49%

$0.03

$6.02

1.00%

$5.41

12.45%

 

 

Saudi Propane

May-24

$5.868

$5.910

-0.71%

-$0.04

$5.90

-0.55%

$5.23

12.14%

 

 

 

 

Crude Oil

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/17/24

4/16/24

% Change

Change

3/19/24

% Change

4/18/23

% Change

 

 

WTI

Jun-24

$82.15

$84.83

-3.26%

-$2.68

$82.08

0.09%

$74.64

10.06%

 

 

Brent

Jun-24

$87.29

$90.02

-3.13%

-$2.73

$86.62

0.77%

$79.08

10.38%

 

 

WCS

Jun-24

-$11.43

-$12.05

-5.39%

$0.62

-$11.40

0.32%

-$13.28

-13.92%

 

 

LLS

Jun-24

$84.19

$86.71

-3.00%

-$2.52

$83.77

0.50%

$76.19

10.50%

 

 

Mars

Jun-24

$82.01

$84.73

-3.32%

-$2.72

$81.46

0.68%

$72.35

13.36%

 

 

Sour

Jun-24

$83.35

$85.56

-2.64%

-$2.20

$82.25

1.34%

$73.20

13.87%

 

 

ESPO

Jun-24

$85.29

$88.02

-3.20%

-$2.73

$84.62

0.79%

$77.08

10.66%

 

 

 

 

Refined Products

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/17/24

4/16/24

% Change

Change

3/19/24

% Change

4/18/23

% Change

 

 

NY Heating Oil

May-24

$2.58

$2.65

-2.98%

-$0.08

$2.74

-6.02%

$2.49

3.21%

 

 

NY Gasoline

May-24

$2.73

$2.80

-2.43%

-$0.07

$2.75

-0.51%

$2.44

12.14%

 

 

GC Gasoline

May-24

$2.63

$2.70

-2.52%

-$0.07

$2.65

-0.53%

$2.34

12.66%

 

 

GC Jet

May-24

$2.52

$2.61

-3.60%

-$0.09

$2.64

-4.55%

$2.18

15.71%

 

 

Chicago Ethanol

May-24

$1.66

$1.66

-0.30%

$0.00

$1.65

0.30%

$1.73

-4.27%

 

 

Rotterdam Gasoil

May-24

$749.88

$776.02

-3.37%

-$26.14

$790.06

-5.09%

$677.39

10.70%

 

 

Singapore Jet Kero

May-24

$103.90

$105.00

-1.05%

-$1.10

$105.10

-1.14%

$95.23

9.10%

 

 

 

 

Implied Volatilities

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/17/24

4/16/24

% Change

Change

3/19/24

% Change

4/18/23

% Change

 

 

Henry Hub Straddle

Jun-24

61.75%

56.27%

9.74%

5.48%

49.48%

24.80%

51.07%

20.91%

 

 

Algonquin Straddle

Jun-24

80.14%

76.73%

4.44%

3.41%

44.08%

81.81%

52.78%

51.84%

 

 

Waha Straddle

Jun-24

192.31%

172.87%

11.25%

19.44%

103.09%

86.55%

60.69%

216.87%

 

 

Chicago Straddle

Jun-24

63.97%

60.00%

6.62%

3.97%

52.69%

21.41%

53.51%

19.55%

 

 

PJM West Straddle

Jun-24

56.06%

57.12%

-1.86%

-1.06%

45.96%

21.98%

47.59%

17.80%

 

 

SP – 15 Straddle

Jun-24

78.45%

81.32%

-3.53%

-2.87%

19.77%

296.81%

47.33%

65.75%

 

 

Mid. C Straddle

Jun-24

161.08%

194.40%

-17.14%

-33.32%

203.00%

-20.65%

78.63%

104.86%

 

 

 

 

Euro Gas and Power/LNG

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/17/24

4/16/24

% Change

Change

3/19/24

% Change

4/18/23

% Change

 

 

Dutch TTF

Jun-24

EUR 32.00

EUR 33.55

-4.63%

-EUR 1.55

EUR 29.11

9.90%

EUR 54.55

-41.35%

 

 

NBP

Jun-24

GBP 78.80

GBP 83.18

-5.27%

-GBP 4.38

GBP 72.00

9.44%

GBP 136.35

-42.21%

 

 

German Base

Jun-24

EUR 71.76

EUR 75.93

-5.50%

-EUR 4.17

EUR 60.13

19.34%

EUR 126.51

-43.28%

 

 

UK Base

Jun-24

GBP 68.14

GBP 69.92

-2.54%

-GBP 1.78

GBP 64.12

6.27%

GBP 128.94

-47.16%

 

 

French Base

Jun-24

EUR 36.33

EUR 42.60

-14.73%

-EUR 6.28

EUR 53.00

-31.46%

EUR 122.94

-70.45%

 

 

Italian Base

Jun-24

EUR 92.72

EUR 97.93

-5.32%

-EUR 5.21

EUR 85.76

8.11%

EUR 143.03

-35.17%

 

 

JKM LNG

Jun-24

$9.29

$10.21

-8.98%

-$0.92

$9.90

-6.17%

$15.97

-41.85%

 

 

 

 

Freight Forwards (WET & DRY)

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/17/24

4/16/24

% Change

Change

3/19/24

% Change

4/18/23

% Change

 

 

TD3C FFA Middle East to China (WET)

Jun-24

$32.00

$33.55

-4.63%

-$1.55

$29.11

9.90%

$54.55

-41.35%

 

 

USGC-UK Continent Dirty (WET)

Jun-24

$78.80

$83.18

-5.27%

-$4.38

$72.00

9.44%

$136.35

-42.21%

 

 

TD20 West Africa to UK Continent (WET)

Jun-24

$71.76

$75.93

-5.50%

-$4.17

$60.13

19.34%

$126.51

-43.28%

 

 

LPG FFA Middle East Gulf to East (WET)

Jun-24

$68.14

$69.92

-2.54%

-$1.78

$64.12

6.27%

$128.94

-47.16%

 

 

TC5 FFA Arabian Gulf to Japan (WET)

Jun-24

$36.33

$42.60

-14.73%

-$6.28

$53.00

-31.46%

$122.94

-70.45%

 

 

Supramax Timecharter (DRY)

Jun-24

$92.72

$97.93

-5.32%

-$5.21

$85.76

8.11%

$143.03

-35.17%

 

 

Capesize Timecharter (DRY)

Jun-24

$9.29

$10.21

-8.98%

-$0.92

$9.90

-6.17%

$15.97

-41.85%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

04/13/2024

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

-2

NA

NA

 

 

Middle Atlantic

0

0

-4

0

0

-9

NA

NA

 

 

E N Central

0

0

-2

0

-1

-2

NA

NA

 

 

W N Central

0

-1

-2

0

-4

-3

NA

NA

 

 

South Atlantic

13

0

-6

107

-31

-89

-22.00%

-45.00%

 

 

E S Central

0

-5

0

10

-30

-34

NA

NA

 

 

W S Central

23

6

11

115

4

-51

4.00%

-31.00%

 

 

Mountain

3

-4

-4

3

-22

-4

NA

NA

 

 

Pacific

0

-2

0

0

-11

0

NA

NA

 

 

United States

5

0

-1

34

-10

-26

NA

NA

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

04/13/2024

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

119

-31

9

5,245

-762

84

-13.00%

2.00%

 

 

Middle Atlantic

97

-32

5

4,817

-627

118

-12.00%

2.00%

 

 

E N Central

90

-43

5

5,049

-943

-278

-16.00%

-5.00%

 

 

W N Central

90

-34

10

5,282

-1,019

-808

-16.00%

-13.00%

 

 

South Atlantic

34

-15

-17

2,368

-351

47

-13.00%

2.00%

 

 

E S Central

43

-15

-15

2,992

-450

77

-13.00%

3.00%

 

 

W S Central

21

-6

-15

2,023

-221

-1

-10.00%

0.00%

 

 

Mountain

109

0

25

4,440

-261

-614

-6.00%

-12.00%

 

 

Pacific

78

3

-3

2,732

-100

-507

-4.00%

-16.00%

 

 

United States

71

-19

-2

3,683

-498

-185

-12.00%

-5.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

 

To opt out of this email please follow this link.

Campbell Faulkner | OTC Global Holdings

Quality Data – Reliable Service – Affordable Price

5151 San Felipe Suite 2200
Houston, TX 77056
faulkner.c@otcgh.com
eoxlive.com/market-data

 

This email, any information contained herein and any files transmitted with it (collectively, the Material) are the sole property of OTC Global Holdings LP and its affiliates (OTCGH); are confidential, may be legally privileged and are intended solely for the use of the individual or entity to whom they are addressed. Unauthorized disclosure, copying or distribution of the Material, is strictly prohibited and the recipient shall not redistribute the Material in any form to a third party. Please notify the sender immediately by email if you have received this email by mistake, delete this email from your system and destroy any hard copies. OTCGH waives no privilege or confidentiality due to any mistaken transmission of this email.