Prices as of 8:03 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$1.759

$1.757

0.11%

$0.002

31,792

 

 

WTI

$82.47

$82.73

-0.31%

-$0.26

17,435

 

 

Brent

$86.62

$87.11

-0.56%

-$0.49

22,125

 

 

ULSD

$2.531

$2.534

-0.11%

-$0.003

8,574

 

 

RBOB

$2.695

$2.714

-0.69%

-$0.019

6,960

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$4.94

$5.01

-1.40%

-$0.07

Jun-24

 

 

3:2:1 Crack

$28.63

$28.66

-0.10%

-$0.03

May-24

 

 

PJM West Spark

$33.45

$32.46

3.05%

$0.99

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

 

 

 

 

04/12/19

 

 

 

4/12/24

4/5/24

Net Change

% Change

4/14/23

% Change

5 Year Avg.

% Change

 

 

East

379

362

17

4.70%

363

4.41%

311

21.94%

 

 

Midwest

528

512

16

3.13%

450

17.33%

384

37.36%

 

 

Mountain

167

165

2

1.21%

84

98.81%

91

84.33%

 

 

Pacific

230

229

1

0.44%

83

177.11%

160

43.75%

 

 

South

1,029

1,014

15

1.48%

949

8.43%

784

31.22%

 

 

   Salt

300

299

1

0.33%

266

12.78%

242

23.86%

 

 

    Non_Salt

729

714

15

2.10%

684

6.58%

542

34.45%

 

 

Total

2,333

2,283

50

2.19%

1,930

20.88%

1,730

34.86%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/18/24

4/17/24

% Change

Change

3/20/24

% Change

4/19/23

% Change

 

 

PJM West On Peak

May-24

$37.24

$36.22

2.81%

$1.02

$37.50

-0.68%

$46.07

-19.17%

 

 

ERCOT North On Peak

May-24

$40.71

$39.70

2.56%

$1.02

$38.76

5.04%

$34.71

17.30%

 

 

CAISO SP 15 On Peak

May-24

$9.69

$9.13

6.13%

$0.56

$17.48

-44.55%

$32.42

-70.10%

 

 

MISO Indiana On Peak

May-24

$36.91

$36.61

0.81%

$0.30

$38.27

-3.56%

$50.37

-26.73%

 

 

NEISO Mass On Peak

May-24

$29.08

$28.30

2.78%

$0.79

$28.24

2.99%

$36.27

-19.82%

 

 

WECC Mid C On Peak

May-24

$27.30

$26.75

2.04%

$0.55

$26.49

3.04%

$50.64

-46.09%

 

 

NYISO Zone G On Peak

May-24

$28.58

$28.54

0.17%

$0.05

$29.14

-1.91%

$40.11

-28.74%

 

 

 

 

 

Natural Gas & Basis

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/18/24

4/17/24

% Change

Change

3/20/24

% Change

4/19/23

% Change

 

 

NYMEX Henry Hub

May-24

$1.757

$1.712

2.63%

$0.04

$1.85

-4.77%

$3.11

-43.45%

 

 

Houston Ship Channel

May-24

-$0.294

-$0.333

-11.78%

$0.04

-$0.19

53.58%

-$0.41

-28.69%

 

 

Chicago

May-24

-$0.216

-$0.180

-16.61%

-$0.04

-$0.13

70.83%

-$0.16

33.48%

 

 

Waha

May-24

-$2.126

-$2.252

-5.56%

$0.13

-$1.39

53.47%

-$1.48

44.06%

 

 

Algonquin

May-24

-$0.163

-$0.153

-7.15%

-$0.01

-$0.20

-16.29%

-$0.31

-46.93%

 

 

Aeco

May-24

-$0.694

-$0.681

1.95%

-$0.01

-$0.55

26.78%

-$1.06

-34.47%

 

 

Socal

May-24

-$0.420

-$0.330

27.39%

-$0.09

-$0.13

214.37%

-$0.08

444.04%

 

 

 

 

 

Natural Gas Liquids

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/18/24

4/17/24

% Change

Change

3/20/24

% Change

4/19/23

% Change

 

 

Mt. Belvieu Propane LST

May-24

$0.780

$0.790

-1.26%

-$0.01

$0.81

-4.01%

$0.78

0.54%

 

 

Mt. Belvieu Propane non LST

May-24

$0.777

$0.782

-0.64%

-$0.01

$0.81

-4.02%

$0.77

0.68%

 

 

Mt. Belview Ethane

May-24

$0.193

$0.191

0.66%

$0.00

$0.18

4.77%

$0.22

-13.86%

 

 

Mt. Belview Nat. Gasoline

May-24

$1.590

$1.610

-1.25%

-$0.02

$1.62

-1.95%

$1.52

4.41%

 

 

Mt. Belvieu Butane LST

May-24

$0.882

$0.910

-3.14%

-$0.03

$0.94

-6.31%

$0.88

0.68%

 

 

Far East Propane

May-24

$5.984

$6.080

-1.58%

-$0.10

$5.97

0.19%

$5.38

11.17%

 

 

Saudi Propane

May-24

$5.840

$5.868

-0.48%

-$0.03

$5.85

-0.17%

$5.21

11.99%

 

 

 

 

Crude Oil

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/18/24

4/17/24

% Change

Change

3/20/24

% Change

4/19/23

% Change

 

 

WTI

Jun-24

$82.10

$82.15

-0.06%

-$0.05

$80.78

1.63%

$73.30

12.01%

 

 

Brent

Jun-24

$87.11

$87.29

-0.21%

-$0.18

$85.38

2.03%

$77.80

11.97%

 

 

WCS

Jun-24

-$12.04

-$11.43

5.05%

-$0.61

-$11.39

5.69%

-$13.21

-8.84%

 

 

LLS

Jun-24

$84.23

$84.19

0.05%

$0.04

$82.42

2.20%

$74.63

12.85%

 

 

Mars

Jun-24

$82.03

$82.01

0.02%

$0.01

$80.16

2.33%

$71.42

14.86%

 

 

Sour

Jun-24

$82.70

$83.35

-0.79%

-$0.65

$80.90

2.23%

$71.94

14.96%

 

 

ESPO

Jun-24

$85.11

$85.29

-0.21%

-$0.18

$83.38

2.07%

$76.22

11.67%

 

 

 

 

Refined Products

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/18/24

4/17/24

% Change

Change

3/20/24

% Change

4/19/23

% Change

 

 

NY Heating Oil

May-24

$2.54

$2.58

-1.36%

-$0.04

$2.68

-5.12%

$2.46

3.38%

 

 

NY Gasoline

May-24

$2.68

$2.73

-1.79%

-$0.05

$2.72

-1.14%

$2.39

12.16%

 

 

GC Gasoline

May-24

$2.59

$2.63

-1.86%

-$0.05

$2.62

-1.19%

$2.29

12.69%

 

 

GC Jet

May-24

$2.49

$2.52

-0.95%

-$0.02

$2.59

-3.48%

$2.24

11.28%

 

 

Chicago Ethanol

May-24

$1.66

$1.66

0.18%

$0.00

$1.63

1.71%

$1.75

-4.81%

 

 

Rotterdam Gasoil

May-24

$737.75

$749.88

-1.62%

-$12.14

$769.31

-4.10%

$669.98

10.11%

 

 

Singapore Jet Kero

May-24

$100.62

$103.90

-3.16%

-$3.28

$103.65

-2.92%

$93.07

8.11%

 

 

 

 

Implied Volatilities

 

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/18/24

4/17/24

% Change

Change

3/20/24

% Change

4/19/23

% Change

 

 

Henry Hub Straddle

Jun-24

59.50%

61.75%

-3.64%

-2.25%

58.74%

1.29%

55.31%

7.58%

 

 

Algonquin Straddle

Jun-24

82.15%

80.14%

2.51%

2.01%

54.27%

51.37%

59.04%

39.14%

 

 

Waha Straddle

Jun-24

226.96%

192.31%

18.02%

34.65%

106.31%

113.49%

66.99%

238.80%

 

 

Chicago Straddle

Jun-24

60.87%

63.97%

-4.85%

-3.10%

61.67%

-1.30%

57.48%

5.90%

 

 

PJM West Straddle

Jun-24

59.54%

56.06%

6.21%

3.48%

45.22%

31.67%

45.68%

30.34%

 

 

SP – 15 Straddle

Jun-24

72.52%

78.45%

-7.56%

-5.93%

30.75%

135.84%

49.23%

47.31%

 

 

Mid. C Straddle

Jun-24

224.65%

161.08%

39.46%

63.57%

231.68%

-3.03%

78.85%

184.91%

 

 

 

 

Euro Gas and Power/LNG

 

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/18/24

4/17/24

% Change

Change

3/20/24

% Change

4/19/23

% Change

 

 

Dutch TTF

Jun-24

EUR 32.19

EUR 32.00

0.59%

EUR 0.19

EUR 27.38

17.57%

EUR 52.47

-38.65%

 

 

NBP

Jun-24

GBP 79.88

GBP 78.80

1.37%

GBP 1.08

GBP 67.79

17.83%

GBP 135.39

-41.00%

 

 

German Base

Jun-24

EUR 72.06

EUR 71.76

0.42%

EUR 0.30

EUR 60.44

19.22%

EUR 128.59

-43.96%

 

 

UK Base

Jun-24

GBP 67.05

GBP 68.14

-1.60%

-GBP 1.09

GBP 63.33

5.87%

GBP 127.99

-47.61%

 

 

French Base

Jun-24

EUR 42.95

EUR 36.33

18.24%

EUR 6.63

EUR 52.98

-18.93%

EUR 123.49

-65.22%

 

 

Italian Base

Jun-24

EUR 92.80

EUR 92.72

0.08%

EUR 0.07

EUR 84.20

10.21%

EUR 141.05

-34.21%

 

 

JKM LNG

Jun-24

$10.15

$9.29

9.28%

$0.86

$9.69

4.81%

$18.00

-43.61%

 

 

 

 

Freight Forwards (WET & DRY)

 

OTCGH/EOXLive Market Data

 

 

 

Contract

4/18/24

4/17/24

% Change

Change

3/20/24

% Change

4/19/23

% Change

 

 

TD3C FFA Middle East to China (WET)

Jun-24

$32.19

$32.00

0.59%

$0.19

$27.38

17.57%

$52.47

-38.65%

 

 

USGC-UK Continent Dirty (WET)

Jun-24

$79.88

$78.80

1.37%

$1.08

$67.79

17.83%

$135.39

-41.00%

 

 

TD20 West Africa to UK Continent (WET)

Jun-24

$72.06

$71.76

0.42%

$0.30

$60.44

19.22%

$128.59

-43.96%

 

 

LPG FFA Middle East Gulf to East (WET)

Jun-24

$67.05

$68.14

-1.60%

-$1.09

$63.33

5.87%

$127.99

-47.61%

 

 

TC5 FFA Arabian Gulf to Japan (WET)

Jun-24

$42.95

$36.33

18.24%

$6.63

$52.98

-18.93%

$123.49

-65.22%

 

 

Supramax Timecharter (DRY)

Jun-24

$92.80

$92.72

0.08%

$0.07

$84.20

10.21%

$141.05

-34.21%

 

 

Capesize Timecharter (DRY)

Jun-24

$10.15

$9.29

9.28%

$0.86

$9.69

4.81%

$18.00

-43.61%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

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