|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:09 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$2.558
|
$2.523
|
1.39%
|
$0.035
|
6,550
|
|
|
|
WTI
|
$95.06
|
$94.40
|
0.70%
|
$0.66
|
55,265
|
|
|
|
Brent
|
$106.32
|
$105.33
|
0.94%
|
$0.99
|
8,040
|
|
|
|
ULSD
|
$3.987
|
$3.887
|
2.56%
|
$0.100
|
1,154
|
|
|
|
RBOB
|
$3.474
|
$3.463
|
0.33%
|
$0.011
|
1,361
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$11.41
|
$10.93
|
4.39%
|
$0.48
|
Jun-26
|
|
|
|
3:2:1 Crack
|
$53.26
|
$51.90
|
2.62%
|
$1.36
|
Jun-26
|
|
|
|
PJM West Spark
|
$51.22
|
$50.31
|
1.81%
|
$0.91
|
May-26
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
04/24/26
|
544
|
1
|
-43
|
04/25/25
|
|
|
|
Canada
|
04/24/26
|
130
|
0
|
2
|
04/25/25
|
|
|
|
International
|
Mar-2026
|
1058
|
-54
|
-37
|
Mar-2025
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 4/21/2026
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
126,418
|
126,063
|
125,837
|
226
|
|
|
|
PJM West Off Peak
|
122,722
|
122,339
|
122,174
|
165
|
|
|
|
Natural Gas Henry Hub
|
394,267
|
377,993
|
374,100
|
3,893
|
|
|
|
WTI – Light Sweet Crude Futures
|
232,833
|
203,464
|
197,140
|
6,324
|
|
|
|
Brent Crude Last Day
|
377,019
|
365,827
|
368,307
|
-2,480
|
|
|
|
NYM Ethanol
|
52,780
|
52,132
|
52,008
|
124
|
|
|
|
Mt Belvieu LDH Propane Swap
|
114,678
|
114,110
|
113,860
|
250
|
|
|
|
RBOB
|
332,531
|
304,539
|
319,066
|
-14,527
|
|
|
|
HSC Basis
|
916,873
|
909,478
|
911,532
|
-2,054
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/23/21
|
|
|
|
|
|
4/17/26
|
4/10/26
|
Net Change
|
% Change
|
4/18/25
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
309
|
283
|
26
|
9.19%
|
295
|
4.75%
|
330
|
-6.36%
|
|
|
|
Midwest
|
404
|
371
|
33
|
8.89%
|
396
|
2.02%
|
430
|
-6.09%
|
|
|
|
Mountain
|
202
|
210
|
-8
|
-3.81%
|
171
|
18.13%
|
129
|
57.08%
|
|
|
|
Pacific
|
269
|
267
|
2
|
0.75%
|
221
|
21.72%
|
187
|
44.00%
|
|
|
|
South
|
879
|
839
|
40
|
4.77%
|
851
|
3.29%
|
875
|
0.43%
|
|
|
|
Salt
|
263
|
243
|
20
|
8.23%
|
266
|
-1.13%
|
265
|
-0.60%
|
|
|
|
Non_Salt
|
616
|
596
|
20
|
3.36%
|
585
|
5.30%
|
611
|
0.85%
|
|
|
|
Total
|
2,063
|
1,970
|
93
|
4.72%
|
1,934
|
6.67%
|
1,951
|
5.73%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/24/26
|
4/23/26
|
% Change
|
Change
|
3/26/26
|
% Change
|
4/24/25
|
% Change
|
|
|
|
PJM West On Peak
|
May-26
|
$56.72
|
$55.70
|
1.83%
|
$1.02
|
$60.64
|
-6.46%
|
$51.47
|
10.22%
|
|
|
|
ERCOT North On Peak
|
May-26
|
$32.16
|
$30.58
|
5.17%
|
$1.58
|
$35.08
|
-8.33%
|
$42.32
|
-24.01%
|
|
|
|
CAISO SP 15 On Peak
|
May-26
|
$4.33
|
$4.50
|
-3.87%
|
-$0.17
|
$9.69
|
-55.36%
|
$9.78
|
-55.77%
|
|
|
|
MISO Indiana On Peak
|
May-26
|
$46.40
|
$44.14
|
5.10%
|
$2.25
|
$49.57
|
-6.40%
|
$46.08
|
0.68%
|
|
|
|
NEISO Mass On Peak
|
May-26
|
$41.71
|
$40.38
|
3.28%
|
$1.32
|
$41.59
|
0.28%
|
$41.65
|
0.13%
|
|
|
|
WECC Mid C On Peak
|
May-26
|
$10.82
|
$11.49
|
-5.85%
|
-$0.67
|
$15.80
|
-31.57%
|
$30.44
|
-64.47%
|
|
|
|
NYISO Zone G On Peak
|
May-26
|
$40.64
|
$39.25
|
3.55%
|
$1.39
|
$44.59
|
-8.86%
|
$41.64
|
-2.38%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/24/26
|
4/23/26
|
% Change
|
Change
|
3/26/26
|
% Change
|
4/24/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
May-26
|
$2.523
|
$2.614
|
-3.48%
|
-$0.09
|
$2.93
|
-13.83%
|
$3.64
|
-30.67%
|
|
|
|
Houston Ship Channel
|
May-26
|
-$0.355
|
-$0.373
|
-4.70%
|
$0.02
|
-$0.37
|
-3.01%
|
-$0.38
|
-6.11%
|
|
|
|
Chicago
|
May-26
|
-$0.350
|
-$0.400
|
14.14%
|
$0.05
|
-$0.36
|
-1.99%
|
-$0.33
|
5.04%
|
|
|
|
Waha
|
May-26
|
-$8.190
|
-$7.710
|
-6.23%
|
-$0.48
|
-$5.18
|
58.13%
|
-$2.86
|
186.74%
|
|
|
|
Algonquin
|
May-26
|
-$0.550
|
-$0.570
|
3.51%
|
$0.02
|
-$0.59
|
-6.78%
|
-$0.24
|
126.34%
|
|
|
|
Aeco
|
May-26
|
-$1.675
|
-$1.740
|
-3.74%
|
$0.07
|
-$1.65
|
1.69%
|
-$1.56
|
7.04%
|
|
|
|
Socal
|
May-26
|
-$1.760
|
-$1.815
|
-3.03%
|
$0.06
|
-$1.76
|
-0.05%
|
-$0.37
|
378.91%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/24/26
|
4/23/26
|
% Change
|
Change
|
3/26/26
|
% Change
|
4/24/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
May-26
|
$0.859
|
$0.841
|
2.08%
|
$0.02
|
$0.89
|
-3.38%
|
$0.68
|
25.68%
|
|
|
|
Mt. Belvieu Propane non LST
|
May-26
|
$0.820
|
$0.835
|
-1.80%
|
-$0.02
|
$0.85
|
-3.67%
|
$0.69
|
18.23%
|
|
|
|
Mt. Belview Ethane
|
May-26
|
$0.208
|
$0.209
|
-0.60%
|
$0.00
|
$0.24
|
-13.54%
|
$0.26
|
-20.45%
|
|
|
|
Mt. Belview Nat. Gasoline
|
May-26
|
$2.060
|
$2.103
|
-2.02%
|
-$0.04
|
$2.06
|
0.00%
|
$1.23
|
67.66%
|
|
|
|
Mt. Belvieu Butane LST
|
May-26
|
$1.071
|
$1.077
|
-0.51%
|
-$0.01
|
$1.13
|
-5.30%
|
$0.78
|
37.16%
|
|
|
|
Far East Propane
|
May-26
|
$7.510
|
$7.380
|
1.76%
|
$0.13
|
$7.71
|
-2.59%
|
$4.98
|
50.86%
|
|
|
|
Saudi Propane
|
May-26
|
$7.330
|
$7.070
|
3.68%
|
$0.26
|
$6.45
|
13.64%
|
$4.84
|
51.32%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/24/26
|
4/23/26
|
% Change
|
Change
|
3/26/26
|
% Change
|
4/24/25
|
% Change
|
|
|
|
WTI
|
Jun-26
|
$94.40
|
$95.85
|
-1.54%
|
-$1.45
|
$91.15
|
3.57%
|
$60.56
|
55.88%
|
|
|
|
Brent
|
Jun-26
|
$105.33
|
$105.07
|
0.25%
|
$0.26
|
$101.89
|
3.38%
|
$64.38
|
63.61%
|
|
|
|
WCS
|
Jun-26
|
-$14.49
|
-$14.66
|
-1.17%
|
$0.17
|
-$13.13
|
10.43%
|
-$13.86
|
4.57%
|
|
|
|
LLS
|
Jun-26
|
$91.71
|
$93.03
|
-1.43%
|
-$1.32
|
$89.06
|
2.98%
|
$62.87
|
45.87%
|
|
|
|
Mars
|
Jun-26
|
$92.06
|
$92.44
|
-0.42%
|
-$0.38
|
$89.21
|
3.19%
|
$61.31
|
50.15%
|
|
|
|
Sour
|
Jun-26
|
$94.90
|
$95.69
|
-0.83%
|
-$0.79
|
$90.50
|
4.87%
|
$60.23
|
57.55%
|
|
|
|
ESPO
|
Jun-26
|
$103.33
|
$103.07
|
0.25%
|
$0.26
|
$99.89
|
3.44%
|
$62.38
|
65.65%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/24/26
|
4/23/26
|
% Change
|
Change
|
3/26/26
|
% Change
|
4/24/25
|
% Change
|
|
|
|
NY Heating Oil
|
May-26
|
$3.94
|
$4.02
|
-1.92%
|
-$0.08
|
$4.45
|
-11.43%
|
$2.07
|
90.58%
|
|
|
|
NY Gasoline
|
May-26
|
$3.42
|
$3.37
|
1.51%
|
$0.05
|
$3.20
|
6.78%
|
$1.99
|
71.72%
|
|
|
|
GC Gasoline
|
May-26
|
$3.28
|
$3.23
|
1.58%
|
$0.05
|
$3.06
|
7.09%
|
$1.89
|
73.40%
|
|
|
|
GC Jet
|
May-26
|
$3.92
|
$4.09
|
-4.15%
|
-$0.17
|
$4.29
|
-8.51%
|
$1.97
|
98.83%
|
|
|
|
Chicago Ethanol
|
May-26
|
$1.96
|
$1.92
|
1.66%
|
$0.03
|
$2.01
|
-2.74%
|
$1.63
|
19.65%
|
|
|
|
Rotterdam Gasoil
|
May-26
|
$1,011.75
|
$1,021.00
|
-0.91%
|
-$9.25
|
$970.00
|
4.30%
|
$601.58
|
68.18%
|
|
|
|
Singapore Jet Kero
|
May-26
|
$163.00
|
$163.75
|
-0.46%
|
-$0.75
|
$154.96
|
5.19%
|
$79.71
|
104.49%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/24/26
|
4/23/26
|
% Change
|
Change
|
3/26/26
|
% Change
|
4/24/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
Jun-26
|
47.69%
|
53.11%
|
-10.21%
|
-5.42%
|
58.86%
|
-18.98%
|
43.53%
|
9.56%
|
|
|
|
Algonquin Straddle
|
Jun-26
|
69.33%
|
76.37%
|
-9.22%
|
-7.04%
|
105.32%
|
-34.17%
|
48.74%
|
42.24%
|
|
|
|
Waha Straddle
|
Jun-26
|
205.29%
|
212.40%
|
-3.35%
|
-7.11%
|
331.65%
|
-38.10%
|
375.96%
|
-45.40%
|
|
|
|
Chicago Straddle
|
Jun-26
|
50.51%
|
55.99%
|
-9.79%
|
-5.48%
|
62.01%
|
-18.55%
|
48.20%
|
4.79%
|
|
|
|
PJM West Straddle
|
Jun-26
|
45.35%
|
44.80%
|
1.23%
|
0.55%
|
51.04%
|
-11.15%
|
38.00%
|
19.34%
|
|
|
|
SP – 15 Straddle
|
Jun-26
|
93.87%
|
94.67%
|
-0.85%
|
-0.80%
|
281.23%
|
-66.62%
|
102.19%
|
-8.14%
|
|
|
|
Mid. C Straddle
|
Jun-26
|
0.00%
|
55.71%
|
-100.00%
|
-55.71%
|
45.04%
|
-100.00%
|
44.83%
|
-100.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/24/26
|
4/23/26
|
% Change
|
Change
|
3/26/26
|
% Change
|
4/24/25
|
% Change
|
|
|
|
Dutch TTF
|
Jun-26
|
EUR 44.47
|
EUR 45.29
|
-1.80%
|
-EUR 0.82
|
EUR 55.82
|
-20.32%
|
EUR 30.50
|
45.84%
|
|
|
|
NBP
|
Jun-26
|
GBP 110.06
|
GBP 111.60
|
-1.38%
|
-GBP 1.54
|
GBP 138.09
|
-20.30%
|
GBP 75.58
|
45.62%
|
|
|
|
German Base
|
Jun-26
|
EUR 86.38
|
EUR 87.34
|
-1.10%
|
-EUR 0.96
|
EUR 96.29
|
-10.29%
|
EUR 65.17
|
32.55%
|
|
|
|
UK Base
|
Jun-26
|
GBP 93.29
|
GBP 95.27
|
-2.07%
|
-GBP 1.97
|
GBP 105.09
|
-11.22%
|
GBP 67.07
|
39.11%
|
|
|
|
French Base
|
Jun-26
|
EUR 30.75
|
EUR 30.40
|
1.15%
|
EUR 0.35
|
EUR 27.97
|
9.94%
|
EUR 33.40
|
-7.92%
|
|
|
|
Italian Base
|
Jun-26
|
EUR 122.70
|
EUR 122.58
|
0.09%
|
EUR 0.12
|
EUR 137.75
|
-10.93%
|
EUR 85.05
|
44.26%
|
|
|
|
JKM LNG
|
Jun-26
|
$16.86
|
$16.49
|
2.23%
|
$0.37
|
$18.80
|
-10.33%
|
$10.82
|
55.74%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/24/26
|
4/23/26
|
% Change
|
Change
|
3/26/26
|
% Change
|
4/24/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
Jun-26
|
$44.47
|
$45.29
|
-1.80%
|
-$0.82
|
$55.82
|
-20.32%
|
$30.50
|
45.84%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
Jun-26
|
$110.06
|
$111.60
|
-1.38%
|
-$1.54
|
$138.09
|
-20.30%
|
$75.58
|
45.62%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jun-26
|
$86.38
|
$87.34
|
-1.10%
|
-$0.96
|
$96.29
|
-10.29%
|
$65.17
|
32.55%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jun-26
|
$93.29
|
$95.27
|
-2.07%
|
-$1.97
|
$105.09
|
-11.22%
|
$67.07
|
39.11%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jun-26
|
$30.75
|
$30.40
|
1.15%
|
$0.35
|
$27.97
|
9.94%
|
$33.40
|
-7.92%
|
|
|
|
Supramax Timecharter (DRY)
|
Jun-26
|
$122.70
|
$122.58
|
0.09%
|
$0.12
|
$137.75
|
-10.93%
|
$85.05
|
44.26%
|
|
|
|
Capesize Timecharter (DRY)
|
Jun-26
|
$16.86
|
$16.49
|
2.23%
|
$0.37
|
$18.80
|
-10.33%
|
$10.82
|
55.74%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/25/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
0
|
0
|
0
|
1
|
1
|
1
|
NA
|
NA
|
|
|
|
Middle Atlantic
|
0
|
0
|
0
|
18
|
18
|
18
|
NA
|
NA
|
|
|
|
E N Central
|
1
|
1
|
1
|
14
|
13
|
14
|
NA
|
NA
|
|
|
|
W N Central
|
3
|
2
|
2
|
23
|
17
|
22
|
NA
|
NA
|
|
|
|
South Atlantic
|
19
|
0
|
-15
|
208
|
42
|
21
|
25.00%
|
11.00%
|
|
|
|
E S Central
|
5
|
-1
|
-23
|
101
|
52
|
38
|
NA
|
NA
|
|
|
|
W S Central
|
32
|
6
|
-16
|
321
|
170
|
91
|
113.00%
|
39.00%
|
|
|
|
Mountain
|
8
|
-2
|
3
|
81
|
40
|
45
|
NA
|
NA
|
|
|
|
Pacific
|
0
|
-4
|
0
|
29
|
12
|
29
|
NA
|
NA
|
|
|
|
United States
|
8
|
-1
|
-5
|
97
|
40
|
30
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/25/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
152
|
32
|
80
|
6,210
|
21
|
364
|
0.00%
|
6.00%
|
|
|
|
Middle Atlantic
|
117
|
17
|
78
|
5,469
|
-125
|
359
|
-2.00%
|
7.00%
|
|
|
|
E N Central
|
76
|
-27
|
18
|
5,731
|
-414
|
116
|
-7.00%
|
2.00%
|
|
|
|
W N Central
|
71
|
-21
|
-11
|
5,577
|
-860
|
-297
|
-13.00%
|
-5.00%
|
|
|
|
South Atlantic
|
32
|
-1
|
27
|
2,603
|
-163
|
65
|
-6.00%
|
3.00%
|
|
|
|
E S Central
|
34
|
-6
|
27
|
3,033
|
-465
|
-76
|
-13.00%
|
-2.00%
|
|
|
|
W S Central
|
22
|
7
|
18
|
1,667
|
-595
|
-251
|
-26.00%
|
-13.00%
|
|
|
|
Mountain
|
71
|
-18
|
-19
|
3,652
|
-1,185
|
-800
|
-24.00%
|
-18.00%
|
|
|
|
Pacific
|
68
|
5
|
-1
|
2,195
|
-734
|
-633
|
-25.00%
|
-22.00%
|
|
|
|
United States
|
67
|
-2
|
24
|
3,825
|
-459
|
-103
|
-11.00%
|
-3.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|

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