|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:06 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$2.532
|
$2.550
|
-0.71%
|
-$0.018
|
519
|
|
|
|
WTI
|
$100.63
|
$96.37
|
4.42%
|
$4.26
|
67,120
|
|
|
|
Brent
|
$111.69
|
$108.23
|
3.20%
|
$3.46
|
6,323
|
|
|
|
ULSD
|
$3.967
|
$3.975
|
-0.19%
|
-$0.008
|
956
|
|
|
|
RBOB
|
$3.541
|
$3.491
|
1.42%
|
$0.050
|
697
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$11.12
|
$11.86
|
-6.24%
|
-$0.74
|
Jun-26
|
|
|
|
3:2:1 Crack
|
$49.71
|
$52.18
|
-4.74%
|
-$2.47
|
Jun-26
|
|
|
|
PJM West Spark
|
$51.78
|
$51.27
|
0.99%
|
$0.51
|
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
|
4/27/26
|
4/24/26
|
% Change
|
Change
|
3/27/26
|
% Change
|
4/25/25
|
% Change
|
|
|
|
PJM West On Peak
|
May-26
|
$57.19
|
$56.72
|
0.82%
|
$0.47
|
$63.73
|
-10.26%
|
$51.87
|
10.25%
|
|
|
|
ERCOT North On Peak
|
May-26
|
$38.05
|
$32.16
|
18.32%
|
$5.89
|
$36.88
|
3.19%
|
$43.96
|
-13.45%
|
|
|
|
CAISO SP 15 On Peak
|
May-26
|
$4.12
|
$4.33
|
-4.68%
|
-$0.20
|
$10.26
|
-59.79%
|
$9.28
|
-55.57%
|
|
|
|
MISO Indiana On Peak
|
May-26
|
$45.29
|
$46.40
|
-2.39%
|
-$1.11
|
$51.90
|
-12.74%
|
$47.13
|
-3.91%
|
|
|
|
NEISO Mass On Peak
|
May-26
|
$41.22
|
$41.71
|
-1.18%
|
-$0.49
|
$43.82
|
-5.95%
|
$42.19
|
-2.32%
|
|
|
|
WECC Mid C On Peak
|
May-26
|
$12.33
|
$10.82
|
14.03%
|
$1.52
|
$17.72
|
-30.40%
|
$28.84
|
-57.24%
|
|
|
|
NYISO Zone G On Peak
|
May-26
|
$39.74
|
$40.64
|
-2.22%
|
-$0.90
|
$47.19
|
-15.79%
|
$42.29
|
-6.03%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/27/26
|
4/24/26
|
% Change
|
Change
|
3/27/26
|
% Change
|
4/25/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
May-26
|
$2.550
|
$2.523
|
1.07%
|
$0.03
|
$3.03
|
-15.70%
|
$3.63
|
-29.83%
|
|
|
|
Houston Ship Channel
|
May-26
|
-$0.365
|
-$0.355
|
2.82%
|
-$0.01
|
-$0.38
|
-3.72%
|
-$0.38
|
-5.15%
|
|
|
|
Chicago
|
May-26
|
-$0.345
|
-$0.350
|
1.45%
|
$0.00
|
-$0.37
|
-7.06%
|
-$0.35
|
-0.63%
|
|
|
|
Waha
|
May-26
|
-$8.250
|
-$8.190
|
-0.73%
|
-$0.06
|
-$5.37
|
53.67%
|
-$2.85
|
189.61%
|
|
|
|
Algonquin
|
May-26
|
-$0.500
|
-$0.550
|
9.09%
|
$0.05
|
-$0.72
|
-30.57%
|
-$0.24
|
106.19%
|
|
|
|
Aeco
|
May-26
|
-$1.705
|
-$1.675
|
1.79%
|
-$0.03
|
-$1.70
|
0.07%
|
-$1.55
|
10.11%
|
|
|
|
Socal
|
May-26
|
-$1.760
|
-$1.760
|
0.00%
|
$0.00
|
-$1.76
|
-0.21%
|
-$0.35
|
399.01%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/27/26
|
4/24/26
|
% Change
|
Change
|
3/27/26
|
% Change
|
4/25/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
May-26
|
$0.856
|
$0.859
|
-0.29%
|
$0.00
|
$0.90
|
-4.51%
|
$0.69
|
24.87%
|
|
|
|
Mt. Belvieu Propane non LST
|
May-26
|
$0.820
|
$0.820
|
0.00%
|
$0.00
|
$0.86
|
-4.65%
|
$0.70
|
16.87%
|
|
|
|
Mt. Belview Ethane
|
May-26
|
$0.210
|
$0.208
|
1.20%
|
$0.00
|
$0.24
|
-13.40%
|
$0.25
|
-17.31%
|
|
|
|
Mt. Belview Nat. Gasoline
|
May-26
|
$2.085
|
$2.060
|
1.21%
|
$0.02
|
$2.22
|
-5.87%
|
$1.22
|
70.92%
|
|
|
|
Mt. Belvieu Butane LST
|
May-26
|
$1.074
|
$1.071
|
0.21%
|
$0.00
|
$1.14
|
-5.52%
|
$0.80
|
33.99%
|
|
|
|
Far East Propane
|
May-26
|
$7.800
|
$7.510
|
3.86%
|
$0.29
|
$7.97
|
-2.13%
|
$4.99
|
56.40%
|
|
|
|
Saudi Propane
|
May-26
|
$7.350
|
$7.330
|
0.27%
|
$0.02
|
$6.53
|
12.56%
|
$4.85
|
51.64%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/27/26
|
4/24/26
|
% Change
|
Change
|
3/27/26
|
% Change
|
4/25/25
|
% Change
|
|
|
|
WTI
|
Jun-26
|
$96.37
|
$94.40
|
2.04%
|
$1.97
|
$94.19
|
2.31%
|
$60.77
|
58.58%
|
|
|
|
Brent
|
Jun-26
|
$108.23
|
$105.33
|
2.68%
|
$2.90
|
$105.32
|
2.76%
|
$64.61
|
67.51%
|
|
|
|
WCS
|
Jun-26
|
-$14.79
|
-$14.49
|
2.01%
|
-$0.30
|
-$12.55
|
17.89%
|
-$13.91
|
6.32%
|
|
|
|
LLS
|
Jun-26
|
$92.97
|
$91.71
|
1.36%
|
$1.26
|
$91.16
|
1.99%
|
$63.18
|
47.15%
|
|
|
|
Mars
|
Jun-26
|
$93.90
|
$92.06
|
1.96%
|
$1.84
|
$92.54
|
1.46%
|
$61.87
|
51.76%
|
|
|
|
Sour
|
Jun-26
|
$94.38
|
$94.90
|
-0.55%
|
-$0.52
|
$92.89
|
1.61%
|
$60.22
|
56.72%
|
|
|
|
ESPO
|
Jun-26
|
$106.23
|
$103.33
|
2.73%
|
$2.90
|
$103.32
|
2.82%
|
$62.61
|
69.67%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/27/26
|
4/24/26
|
% Change
|
Change
|
3/27/26
|
% Change
|
4/25/25
|
% Change
|
|
|
|
NY Heating Oil
|
May-26
|
$3.96
|
$3.94
|
0.46%
|
$0.02
|
$4.50
|
-12.06%
|
$2.06
|
92.10%
|
|
|
|
NY Gasoline
|
May-26
|
$3.47
|
$3.42
|
1.58%
|
$0.05
|
$3.22
|
7.92%
|
$2.01
|
73.22%
|
|
|
|
GC Gasoline
|
May-26
|
$3.33
|
$3.28
|
1.65%
|
$0.05
|
$3.08
|
8.28%
|
$1.90
|
74.96%
|
|
|
|
GC Jet
|
May-26
|
$4.01
|
$3.92
|
2.22%
|
$0.09
|
$4.16
|
-3.68%
|
$2.02
|
98.51%
|
|
|
|
Chicago Ethanol
|
May-26
|
$2.01
|
$1.96
|
2.56%
|
$0.05
|
$2.01
|
-0.25%
|
$1.62
|
23.69%
|
|
|
|
Rotterdam Gasoil
|
May-26
|
$1,025.25
|
$1,011.75
|
1.33%
|
$13.50
|
$970.00
|
5.70%
|
$605.72
|
69.26%
|
|
|
|
Singapore Jet Kero
|
May-26
|
$171.20
|
$163.00
|
5.03%
|
$8.20
|
$157.67
|
8.58%
|
$80.29
|
113.22%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/27/26
|
4/24/26
|
% Change
|
Change
|
3/27/26
|
% Change
|
4/25/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
Jun-26
|
47.77%
|
47.69%
|
0.17%
|
0.08%
|
57.94%
|
-17.55%
|
42.03%
|
13.66%
|
|
|
|
Algonquin Straddle
|
Jun-26
|
67.65%
|
69.33%
|
-2.42%
|
-1.68%
|
121.88%
|
-44.49%
|
44.93%
|
50.57%
|
|
|
|
Waha Straddle
|
Jun-26
|
160.90%
|
205.29%
|
-21.62%
|
-44.39%
|
310.41%
|
-48.17%
|
360.12%
|
-55.32%
|
|
|
|
Chicago Straddle
|
Jun-26
|
50.47%
|
50.51%
|
-0.08%
|
-0.04%
|
60.87%
|
-17.09%
|
45.02%
|
12.11%
|
|
|
|
PJM West Straddle
|
Jun-26
|
51.19%
|
45.35%
|
12.88%
|
5.84%
|
54.56%
|
-6.18%
|
36.30%
|
41.02%
|
|
|
|
SP – 15 Straddle
|
Jun-26
|
93.57%
|
93.87%
|
-0.32%
|
-0.30%
|
266.50%
|
-64.89%
|
102.92%
|
-9.08%
|
|
|
|
Mid. C Straddle
|
Jun-26
|
47.52%
|
0.00%
|
#DIV/0!
|
47.52%
|
32.58%
|
45.86%
|
44.27%
|
7.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/27/26
|
4/24/26
|
% Change
|
Change
|
3/27/26
|
% Change
|
4/25/25
|
% Change
|
|
|
|
Dutch TTF
|
Jun-26
|
EUR 44.35
|
EUR 44.47
|
-0.27%
|
-EUR 0.12
|
EUR 54.56
|
-18.71%
|
EUR 29.99
|
47.89%
|
|
|
|
NBP
|
Jun-26
|
GBP 109.00
|
GBP 110.06
|
-0.96%
|
-GBP 1.06
|
GBP 134.95
|
-19.23%
|
GBP 73.30
|
48.71%
|
|
|
|
German Base
|
Jun-26
|
EUR 84.51
|
EUR 86.38
|
-2.16%
|
-EUR 1.87
|
EUR 95.66
|
-11.66%
|
EUR 64.38
|
31.28%
|
|
|
|
UK Base
|
Jun-26
|
GBP 92.57
|
GBP 93.29
|
-0.78%
|
-GBP 0.72
|
GBP 102.61
|
-9.79%
|
GBP 67.31
|
37.52%
|
|
|
|
French Base
|
Jun-26
|
EUR 28.96
|
EUR 30.75
|
-5.83%
|
-EUR 1.79
|
EUR 27.51
|
5.27%
|
EUR 33.19
|
-12.74%
|
|
|
|
Italian Base
|
Jun-26
|
EUR 122.15
|
EUR 122.70
|
-0.45%
|
-EUR 0.55
|
EUR 142.26
|
-14.13%
|
EUR 85.15
|
43.46%
|
|
|
|
JKM LNG
|
Jun-26
|
$16.64
|
$16.86
|
-1.32%
|
-$0.22
|
$18.96
|
-12.25%
|
$10.51
|
58.31%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/27/26
|
4/24/26
|
% Change
|
Change
|
3/27/26
|
% Change
|
4/25/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
Jun-26
|
$44.35
|
$44.47
|
-0.27%
|
-$0.12
|
$54.56
|
-18.71%
|
$29.99
|
47.89%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
Jun-26
|
$109.00
|
$110.06
|
-0.96%
|
-$1.06
|
$134.95
|
-19.23%
|
$73.30
|
48.71%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jun-26
|
$84.51
|
$86.38
|
-2.16%
|
-$1.87
|
$95.66
|
-11.66%
|
$64.38
|
31.28%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jun-26
|
$92.57
|
$93.29
|
-0.78%
|
-$0.72
|
$102.61
|
-9.79%
|
$67.31
|
37.52%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jun-26
|
$28.96
|
$30.75
|
-5.83%
|
-$1.79
|
$27.51
|
5.27%
|
$33.19
|
-12.74%
|
|
|
|
Supramax Timecharter (DRY)
|
Jun-26
|
$122.15
|
$122.70
|
-0.45%
|
-$0.55
|
$142.26
|
-14.13%
|
$85.15
|
43.46%
|
|
|
|
Capesize Timecharter (DRY)
|
Jun-26
|
$16.64
|
$16.86
|
-1.32%
|
-$0.22
|
$18.96
|
-12.25%
|
$10.51
|
58.31%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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