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Prices as of 7:38 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.407
|
$3.170
|
7.48%
|
$0.237
|
26,663
|
|
|
WTI
|
$61.07
|
$62.05
|
-1.58%
|
-$0.98
|
89,709
|
|
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Brent
|
$64.72
|
$65.86
|
-1.73%
|
-$1.14
|
4,597
|
|
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ULSD
|
$2.168
|
$2.175
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-0.37%
|
-$0.008
|
2,512
|
|
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RBOB
|
$2.085
|
$2.106
|
-0.99%
|
-$0.021
|
875
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Spreads
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Current
|
Previous
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% Change
|
Change
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Contract
|
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WTI-Brent
|
$3.62
|
$3.81
|
-4.99%
|
-$0.19
|
Jun-25
|
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3:2:1 Crack
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$26.12
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$25.96
|
0.63%
|
$0.16
|
Jun-25
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PJM West Spark
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NA
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NA
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NA
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NA
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May-25
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Baker Hughes Rig Count
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Date
|
Count
|
Change
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1 Year Chg.
|
1 Year Date
|
|
|
U.S.
|
04/25/25
|
587
|
2
|
-26
|
04/26/24
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Canada
|
04/25/25
|
128
|
-6
|
10
|
04/26/24
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International
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Mar
|
899
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-6
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-72
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Mar
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CFTC Net Positions
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As of 4/22/2025
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Open Interest
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Total Net Long
|
Total Net Short
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Diff
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PJM West On Peak
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95,837
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95,078
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95,349
|
-271
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PJM West Off Peak
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86,323
|
85,638
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85,591
|
47
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Natural Gas Henry Hub
|
371,084
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355,075
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358,435
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-3,360
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WTI – Light Sweet Crude Futures
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312,419
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259,765
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247,799
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11,966
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Brent Crude Last Day
|
207,876
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201,563
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200,288
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1,275
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NYM Ethanol
|
33,896
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33,194
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33,450
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-256
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Mt Belvieu LDH Propane Swap
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158,525
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157,894
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157,691
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203
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RBOB
|
412,306
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392,577
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391,811
|
766
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HSC Basis
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924,374
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917,723
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919,920
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-2,197
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EIA Short Term Energy Outlook
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|
2023
|
2024
|
2025 Projected
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2026 Projected
|
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Brent
|
$82.00
|
$81.00
|
$74.00
|
$66.00
|
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Gasoline
|
$3.50
|
$3.30
|
$3.20
|
$3.00
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Crude Oil Production
|
$12.90
|
$13.20
|
$13.50
|
$13.60
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Natural Gas Spot
|
$2.50
|
$2.20
|
$3.10
|
$4.00
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LNG Exports
|
12.00
|
12.00
|
14.00
|
16.00
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Electrical Generation %
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2023
|
2024
|
2025 Projected
|
2026 Projected
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Natural gas
|
42.00%
|
43.00%
|
41.00%
|
40.00%
|
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Coal
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17.00%
|
16.00%
|
15.00%
|
15.00%
|
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Renewables
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22.00%
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23.00%
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25.00%
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27.00%
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Nuclear
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19.00%
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19.00%
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19.00%
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19.00%
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Short Term Energy Outlook
|

|

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|

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|

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EIA Lower 48 Natural Gas Storage
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|
04/24/20
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|
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4/18/25
|
4/11/25
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Net Change
|
% Change
|
4/19/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
295
|
290
|
5
|
1.72%
|
408
|
-27.70%
|
352
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-16.19%
|
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Midwest
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396
|
373
|
23
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6.17%
|
551
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-28.13%
|
452
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-12.43%
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Mountain
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171
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166
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5
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3.01%
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173
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-1.16%
|
115
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48.70%
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Pacific
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221
|
213
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8
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3.76%
|
235
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-5.96%
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186
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18.69%
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South
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851
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804
|
47
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5.85%
|
1,057
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-19.49%
|
901
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-5.53%
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Salt
|
266
|
242
|
24
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9.92%
|
309
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-13.92%
|
274
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-2.99%
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Non_Salt
|
585
|
562
|
23
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4.09%
|
749
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-21.90%
|
627
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-6.64%
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Total
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1,934
|
1,846
|
88
|
4.77%
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2,425
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-20.25%
|
2,006
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-3.61%
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Power Generation Additions/Retirements
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Front Month Prices
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Electricity
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OTCGH/EOXLive Market Data
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Contract
|
4/28/25
|
4/25/25
|
% Change
|
Change
|
3/28/25
|
% Change
|
4/26/24
|
% Change
|
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PJM West On Peak
|
May-25
|
$47.89
|
$48.49
|
-1.25%
|
-$0.61
|
$54.28
|
-11.79%
|
$46.67
|
2.60%
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ERCOT North On Peak
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May-25
|
$41.85
|
$46.23
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-9.46%
|
-$4.37
|
$47.94
|
-12.69%
|
$42.25
|
-0.94%
|
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CAISO SP 15 On Peak
|
May-25
|
$9.10
|
$8.32
|
9.31%
|
$0.77
|
$5.46
|
66.75%
|
$10.40
|
-12.50%
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MISO Indiana On Peak
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May-25
|
$45.80
|
$42.06
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8.89%
|
$3.74
|
$45.62
|
0.38%
|
$45.98
|
-0.40%
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NEISO Mass On Peak
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May-25
|
$39.52
|
$38.76
|
1.96%
|
$0.76
|
$48.79
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-19.00%
|
$40.96
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-3.52%
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WECC Mid C On Peak
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May-25
|
$27.25
|
$25.92
|
5.13%
|
$1.33
|
$19.21
|
41.86%
|
$34.01
|
-19.88%
|
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NYISO Zone G On Peak
|
May-25
|
$40.26
|
$40.03
|
0.57%
|
$0.23
|
$50.47
|
-20.23%
|
$43.15
|
-6.70%
|
|
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Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/28/25
|
4/25/25
|
% Change
|
Change
|
3/28/25
|
% Change
|
4/26/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Jun-25
|
$3.343
|
$3.114
|
7.35%
|
$0.23
|
$4.18
|
-20.12%
|
$3.28
|
1.86%
|
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Houston Ship Channel
|
Jun-25
|
-$0.382
|
-$0.363
|
5.27%
|
-$0.02
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-$0.50
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-23.44%
|
-$0.34
|
11.67%
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Chicago
|
Jun-25
|
-$0.419
|
-$0.393
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-6.25%
|
-$0.03
|
-$0.51
|
-17.84%
|
-$0.25
|
67.15%
|
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Waha
|
Jun-25
|
-$2.163
|
-$2.082
|
-3.93%
|
-$0.08
|
-$3.30
|
-34.35%
|
-$1.05
|
105.84%
|
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Algonquin
|
Jun-25
|
$0.350
|
$0.320
|
9.42%
|
$0.03
|
$0.10
|
266.56%
|
-$0.19
|
-288.21%
|
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Aeco
|
Jun-25
|
-$1.732
|
-$1.602
|
8.13%
|
-$0.13
|
-$2.54
|
-31.73%
|
-$1.14
|
52.42%
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Socal
|
Jun-25
|
-$1.116
|
-$1.090
|
2.37%
|
-$0.03
|
-$1.63
|
-31.53%
|
-$0.13
|
741.63%
|
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Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/28/25
|
4/25/25
|
% Change
|
Change
|
3/28/25
|
% Change
|
4/26/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
May-25
|
$0.776
|
$0.771
|
0.75%
|
$0.01
|
$0.85
|
-8.53%
|
$0.74
|
5.57%
|
|
|
Mt. Belvieu Propane non LST
|
May-25
|
$0.772
|
$0.770
|
0.27%
|
$0.00
|
$0.85
|
-8.85%
|
$0.73
|
5.40%
|
|
|
Mt. Belview Ethane
|
May-25
|
$0.245
|
$0.238
|
3.17%
|
$0.01
|
$0.28
|
-13.22%
|
$0.24
|
4.30%
|
|
|
Mt. Belview Nat. Gasoline
|
May-25
|
$1.331
|
$1.345
|
-1.05%
|
-$0.01
|
$1.44
|
-7.81%
|
$1.50
|
-11.56%
|
|
|
Mt. Belvieu Butane LST
|
May-25
|
$0.915
|
$0.924
|
-0.97%
|
-$0.01
|
$0.92
|
-0.68%
|
$0.85
|
8.01%
|
|
|
Far East Propane
|
May-25
|
$5.250
|
$5.346
|
-1.78%
|
-$0.10
|
$5.92
|
-11.39%
|
$5.48
|
-4.13%
|
|
|
Saudi Propane
|
May-25
|
$5.930
|
$5.930
|
0.00%
|
$0.00
|
$6.02
|
-1.50%
|
$5.12
|
15.80%
|
|
|
|
|
|
|
|
|
|
|
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|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/28/25
|
4/25/25
|
% Change
|
Change
|
3/28/25
|
% Change
|
4/26/24
|
% Change
|
|
|
WTI
|
Jun-25
|
$62.05
|
$63.02
|
-1.56%
|
-$0.97
|
$68.90
|
-9.94%
|
$75.88
|
-18.23%
|
|
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Brent
|
Jun-25
|
$65.86
|
$66.87
|
-1.53%
|
-$1.01
|
$72.76
|
-9.48%
|
$81.03
|
-18.72%
|
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WCS
|
Jun-25
|
-$9.55
|
-$9.43
|
1.28%
|
-$0.12
|
-$10.26
|
-6.93%
|
-$13.00
|
-26.54%
|
|
|
LLS
|
Jun-25
|
$62.84
|
$64.48
|
-2.61%
|
-$1.64
|
$71.44
|
-12.04%
|
$77.55
|
-18.97%
|
|
|
Mars
|
Jun-25
|
$62.34
|
$63.57
|
-1.97%
|
-$1.23
|
$69.21
|
-9.93%
|
$74.65
|
-16.48%
|
|
|
Sour
|
Jun-25
|
$61.63
|
$63.06
|
-2.31%
|
-$1.43
|
$68.85
|
-10.48%
|
$75.52
|
-18.39%
|
|
|
ESPO
|
Jun-25
|
$63.86
|
$64.87
|
-1.58%
|
-$1.01
|
$70.76
|
-9.75%
|
$79.03
|
-19.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/28/25
|
4/25/25
|
% Change
|
Change
|
3/28/25
|
% Change
|
4/26/24
|
% Change
|
|
|
NY Heating Oil
|
May-25
|
$2.18
|
$2.17
|
0.09%
|
$0.00
|
$2.23
|
-2.33%
|
$2.51
|
-13.40%
|
|
|
NY Gasoline
|
May-25
|
$2.10
|
$2.12
|
-0.99%
|
-$0.02
|
$2.24
|
-6.34%
|
$2.38
|
-11.74%
|
|
|
GC Gasoline
|
May-25
|
$2.00
|
$2.02
|
-1.04%
|
-$0.02
|
$2.14
|
-6.64%
|
$2.28
|
-12.25%
|
|
|
GC Jet
|
May-25
|
$2.01
|
$1.98
|
1.67%
|
$0.03
|
$2.14
|
-5.80%
|
$2.40
|
-16.09%
|
|
|
Chicago Ethanol
|
May-25
|
$1.81
|
$1.80
|
0.39%
|
$0.01
|
$1.75
|
3.43%
|
$1.66
|
8.92%
|
|
|
Rotterdam Gasoil
|
May-25
|
$631.72
|
$630.47
|
0.20%
|
$1.25
|
$672.26
|
-6.03%
|
$722.73
|
-12.59%
|
|
|
Singapore Jet Kero
|
May-25
|
$81.31
|
$81.15
|
0.19%
|
$0.15
|
$87.00
|
-6.55%
|
$98.47
|
-17.43%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/28/25
|
4/25/25
|
% Change
|
Change
|
3/28/25
|
% Change
|
4/26/24
|
% Change
|
|
|
Henry Hub Straddle
|
Jun-25
|
61.30%
|
63.85%
|
-3.99%
|
-2.55%
|
53.13%
|
15.38%
|
39.92%
|
53.56%
|
|
|
Algonquin Straddle
|
Jun-25
|
64.27%
|
67.44%
|
-4.70%
|
-3.17%
|
50.31%
|
27.75%
|
41.58%
|
54.57%
|
|
|
Waha Straddle
|
Jun-25
|
227.66%
|
242.46%
|
-6.10%
|
-14.80%
|
251.46%
|
-9.46%
|
50.89%
|
347.36%
|
|
|
Chicago Straddle
|
Jun-25
|
69.97%
|
73.19%
|
-4.40%
|
-3.22%
|
58.54%
|
19.53%
|
41.64%
|
68.04%
|
|
|
PJM West Straddle
|
Jun-25
|
50.15%
|
46.77%
|
7.23%
|
3.38%
|
46.09%
|
8.81%
|
40.73%
|
23.13%
|
|
|
SP – 15 Straddle
|
Jun-25
|
108.46%
|
107.26%
|
1.12%
|
1.20%
|
160.34%
|
-32.36%
|
23.22%
|
367.10%
|
|
|
Mid. C Straddle
|
Jun-25
|
40.91%
|
26.03%
|
57.16%
|
14.88%
|
19.93%
|
105.27%
|
101.37%
|
-59.64%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/28/25
|
4/25/25
|
% Change
|
Change
|
3/28/25
|
% Change
|
4/26/24
|
% Change
|
|
|
Dutch TTF
|
Jun-25
|
EUR 31.93
|
EUR 32.07
|
-0.46%
|
-EUR 0.15
|
EUR 40.83
|
-21.80%
|
EUR 32.40
|
-1.46%
|
|
|
NBP
|
Jun-25
|
GBP 77.32
|
GBP 77.57
|
-0.32%
|
-GBP 0.25
|
GBP 98.22
|
-21.28%
|
GBP 80.70
|
-4.19%
|
|
|
German Base
|
Jun-25
|
EUR 70.22
|
EUR 73.40
|
-4.34%
|
-EUR 3.18
|
EUR 72.50
|
-3.15%
|
EUR 79.95
|
-12.17%
|
|
|
UK Base
|
Jun-25
|
GBP 71.83
|
GBP 70.38
|
2.06%
|
GBP 1.45
|
GBP 79.32
|
-9.45%
|
GBP 68.45
|
4.93%
|
|
|
French Base
|
Jun-25
|
EUR 30.46
|
EUR 30.75
|
-0.92%
|
-EUR 0.28
|
EUR 42.26
|
-27.91%
|
EUR 59.01
|
-48.38%
|
|
|
Italian Base
|
Jun-25
|
EUR 97.17
|
EUR 99.18
|
-2.03%
|
-EUR 2.01
|
EUR 115.50
|
-15.87%
|
EUR 94.50
|
2.82%
|
|
|
JKM LNG
|
Jun-25
|
$10.85
|
$11.11
|
-2.35%
|
-$0.26
|
$12.94
|
-16.15%
|
$11.29
|
-3.90%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
4/28/25
|
4/25/25
|
% Change
|
Change
|
3/28/25
|
% Change
|
4/26/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Jun-25
|
$31.93
|
$32.07
|
-0.46%
|
-$0.15
|
$40.83
|
-21.80%
|
$32.40
|
-1.46%
|
|
|
USGC-UK Continent Dirty (WET)
|
Jun-25
|
$77.32
|
$77.57
|
-0.32%
|
-$0.25
|
$98.22
|
-21.28%
|
$80.70
|
-4.19%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jun-25
|
$70.22
|
$73.40
|
-4.34%
|
-$3.18
|
$72.50
|
-3.15%
|
$79.95
|
-12.17%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jun-25
|
$71.83
|
$70.38
|
2.06%
|
$1.45
|
$79.32
|
-9.45%
|
$68.45
|
4.93%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jun-25
|
$30.46
|
$30.75
|
-0.92%
|
-$0.28
|
$42.26
|
-27.91%
|
$59.01
|
-48.38%
|
|
|
Supramax Timecharter (DRY)
|
Jun-25
|
$97.17
|
$99.18
|
-2.03%
|
-$2.01
|
$115.50
|
-15.87%
|
$94.50
|
2.82%
|
|
|
Capesize Timecharter (DRY)
|
Jun-25
|
$10.85
|
$11.11
|
-2.35%
|
-$0.26
|
$12.94
|
-16.15%
|
$11.29
|
-3.90%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/26/2025
|
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
|
0
|
0
|
0
|
NA
|
NA
|
|
|
E N Central
|
0
|
0
|
0
|
0
|
-1
|
-1
|
NA
|
NA
|
|
|
W N Central
|
1
|
-1
|
1
|
2
|
-5
|
-5
|
NA
|
NA
|
|
|
South Atlantic
|
37
|
17
|
16
|
194
|
25
|
34
|
15.00%
|
22.00%
|
|
|
E S Central
|
25
|
19
|
21
|
67
|
17
|
32
|
NA
|
NA
|
|
|
W S Central
|
48
|
21
|
24
|
238
|
82
|
54
|
53.00%
|
29.00%
|
|
|
Mountain
|
6
|
-4
|
-6
|
37
|
-5
|
19
|
NA
|
NA
|
|
|
Pacific
|
0
|
-4
|
0
|
0
|
-18
|
0
|
NA
|
NA
|
|
|
United States
|
14
|
5
|
7
|
69
|
11
|
15
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/26/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
73
|
-45
|
-59
|
5,855
|
-350
|
455
|
-6.00%
|
8.00%
|
|
|
Middle Atlantic
|
41
|
-57
|
-72
|
5,114
|
-493
|
353
|
-9.00%
|
7.00%
|
|
|
E N Central
|
63
|
-38
|
-63
|
5,628
|
-531
|
484
|
-9.00%
|
9.00%
|
|
|
W N Central
|
77
|
-13
|
-37
|
5,886
|
-563
|
449
|
-9.00%
|
8.00%
|
|
|
South Atlantic
|
5
|
-27
|
-37
|
2,538
|
-232
|
122
|
-8.00%
|
5.00%
|
|
|
E S Central
|
8
|
-31
|
-46
|
3,111
|
-392
|
60
|
-11.00%
|
2.00%
|
|
|
W S Central
|
4
|
-10
|
-22
|
1,919
|
-344
|
-117
|
-15.00%
|
-6.00%
|
|
|
Mountain
|
76
|
-11
|
5
|
4,461
|
-388
|
-68
|
-8.00%
|
-2.00%
|
|
|
Pacific
|
75
|
13
|
20
|
2,844
|
-94
|
23
|
-3.00%
|
1.00%
|
|
|
United States
|
43
|
-24
|
-35
|
3,936
|
-357
|
194
|
-8.00%
|
5.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|

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