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Prices as of 8:25 AM CST
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Current Price
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Previous Settle
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% Change
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Change
|
Volume
|
|
|
Natural Gas
|
$2.887
|
$2.954
|
-2.27%
|
-$0.067
|
28,047
|
|
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WTI
|
$63.43
|
$63.96
|
-0.83%
|
-$0.53
|
66,119
|
|
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Brent
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$66.19
|
$66.63
|
-0.66%
|
-$0.44
|
10,002
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ULSD
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$2.257
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$2.291
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-1.49%
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-$0.034
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7,447
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RBOB
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$2.069
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$2.077
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-0.38%
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-$0.008
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7,797
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Spreads
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Current
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Previous
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% Change
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Change
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Contract
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WTI-Brent
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$3.54
|
$3.54
|
0.00%
|
$0.00
|
Oct-25
|
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3:2:1 Crack
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$22.53
|
$22.67
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-0.61%
|
-$0.14
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Sep-25
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PJM West Spark
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$43.68
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$44.84
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-2.58%
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-$1.16
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Sep-25
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Baker Hughes Rig Count
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Date
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Count
|
Change
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1 Year Chg.
|
1 Year Date
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|
|
U.S.
|
08/08/25
|
539
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-1
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-49
|
08/09/24
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Canada
|
08/08/25
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180
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3
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-37
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08/09/24
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International
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July-2025
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914
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1
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-20
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July-2024
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CFTC Net Positions
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As of 8/5/2025
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Open Interest
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Total Net Long
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Total Net Short
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Diff
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PJM West On Peak
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93,148
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92,890
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92,634
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256
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PJM West Off Peak
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86,233
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86,087
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85,612
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475
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Natural Gas Henry Hub
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345,329
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331,244
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333,465
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-2,221
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WTI – Light Sweet Crude Futures
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329,953
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273,894
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259,807
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14,087
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Brent Crude Last Day
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199,499
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192,306
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193,859
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-1,553
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NYM Ethanol
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33,006
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32,387
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32,593
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-206
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Mt Belvieu LDH Propane Swap
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142,114
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141,265
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141,773
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-508
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RBOB
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335,343
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314,111
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319,907
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-5,796
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HSC Basis
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722,586
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713,649
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719,721
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-6,072
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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
|
$66.00
|
$59.00
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Gasoline
|
$3.50
|
$3.30
|
$3.10
|
$3.10
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Crude Oil Production
|
$12.90
|
$13.20
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$13.40
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$13.50
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Natural Gas Spot
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$2.50
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$2.20
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$4.10
|
$4.80
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LNG Exports
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12.00
|
12.00
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15.00
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16.00
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Electrical Generation %
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2023
|
2024
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2025 Projected
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2026 Projected
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Natural gas
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42.00%
|
42.00%
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40.00%
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40.00%
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Coal
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17.00%
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16.00%
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16.00%
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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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EIA Lower 48 Natural Gas Storage
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08/07/20
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8/1/25
|
7/25/25
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Net Change
|
% Change
|
8/2/24
|
% Change
|
5 Year Avg.
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% Change
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East
|
656
|
651
|
5
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0.77%
|
719
|
-8.76%
|
670
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-2.09%
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Midwest
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775
|
765
|
10
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1.31%
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854
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-9.25%
|
781
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-0.82%
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Mountain
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249
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243
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6
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2.47%
|
257
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-3.11%
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198
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25.50%
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Pacific
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305
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302
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3
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0.99%
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289
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5.54%
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266
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14.75%
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South
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1,145
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1,162
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-17
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-1.46%
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1,152
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-0.61%
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1,066
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7.37%
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Salt
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296
|
316
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-20
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-6.33%
|
300
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-1.33%
|
272
|
8.74%
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Non_Salt
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849
|
846
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3
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0.35%
|
851
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-0.24%
|
794
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6.90%
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Total
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3,130
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3,123
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7
|
0.22%
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3,270
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-4.28%
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2,982
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4.97%
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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
|
8/11/25
|
8/8/25
|
% Change
|
Change
|
7/14/25
|
% Change
|
8/9/24
|
% Change
|
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PJM West On Peak
|
Sep-25
|
$49.83
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$51.16
|
-2.61%
|
-$1.33
|
$60.15
|
-17.15%
|
$53.50
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-6.86%
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ERCOT North On Peak
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Sep-25
|
$44.52
|
$43.03
|
3.45%
|
$1.48
|
$62.81
|
-29.13%
|
$63.62
|
-30.02%
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CAISO SP 15 On Peak
|
Sep-25
|
$36.37
|
$36.25
|
0.34%
|
$0.12
|
$45.41
|
-19.91%
|
$62.15
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-41.48%
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MISO Indiana On Peak
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Sep-25
|
$46.63
|
$47.76
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-2.36%
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-$1.13
|
$56.38
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-17.30%
|
$53.65
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-13.09%
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NEISO Mass On Peak
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Sep-25
|
$51.33
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$51.16
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0.34%
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$0.17
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$53.21
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-3.52%
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$48.23
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6.43%
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WECC Mid C On Peak
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Sep-25
|
$51.83
|
$52.71
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-1.66%
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-$0.88
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$74.78
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-30.69%
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$98.72
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-47.49%
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NYISO Zone G On Peak
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Sep-25
|
$51.85
|
$51.74
|
0.21%
|
$0.11
|
$53.92
|
-3.84%
|
$49.10
|
5.60%
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Natural Gas & Basis
|
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OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/11/25
|
8/8/25
|
% Change
|
Change
|
7/14/25
|
% Change
|
8/9/24
|
% Change
|
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|
NYMEX Henry Hub
|
Sep-25
|
$2.954
|
$2.990
|
-1.20%
|
-$0.04
|
$3.50
|
-15.62%
|
$3.30
|
-10.46%
|
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Houston Ship Channel
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Sep-25
|
-$0.382
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-$0.384
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-0.50%
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$0.00
|
-$0.42
|
-8.18%
|
-$0.43
|
-11.81%
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Chicago
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Sep-25
|
-$0.312
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-$0.346
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10.84%
|
$0.03
|
-$0.38
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-17.64%
|
-$0.47
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-33.33%
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Waha
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Sep-25
|
-$2.175
|
-$2.120
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-2.57%
|
-$0.05
|
-$2.02
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7.84%
|
-$1.06
|
104.61%
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Algonquin
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Sep-25
|
-$0.196
|
-$0.203
|
3.54%
|
$0.01
|
-$0.53
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-62.83%
|
-$0.94
|
-79.02%
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Aeco
|
Sep-25
|
-$2.474
|
-$2.500
|
-1.03%
|
$0.03
|
-$2.68
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-7.52%
|
-$1.50
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64.98%
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Socal
|
Sep-25
|
-$0.519
|
-$0.504
|
2.87%
|
-$0.01
|
-$0.09
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446.32%
|
$0.72
|
-172.27%
|
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Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
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|
Contract
|
8/11/25
|
8/8/25
|
% Change
|
Change
|
7/14/25
|
% Change
|
8/9/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Sep-25
|
$0.678
|
$0.660
|
2.70%
|
$0.02
|
$0.74
|
-8.06%
|
$0.71
|
-4.68%
|
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|
Mt. Belvieu Propane non LST
|
Sep-25
|
$0.670
|
$0.655
|
2.32%
|
$0.02
|
$0.73
|
-8.70%
|
$0.71
|
-6.17%
|
|
|
Mt. Belview Ethane
|
Sep-25
|
$0.211
|
$0.214
|
-1.22%
|
$0.00
|
$0.25
|
-13.93%
|
$0.25
|
-14.75%
|
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Mt. Belview Nat. Gasoline
|
Sep-25
|
$1.283
|
$1.293
|
-0.77%
|
-$0.01
|
$1.33
|
-3.39%
|
$1.40
|
-8.38%
|
|
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Mt. Belvieu Butane LST
|
Sep-25
|
$0.781
|
$0.779
|
0.31%
|
$0.00
|
$0.85
|
-8.43%
|
$0.82
|
-4.69%
|
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Far East Propane
|
Sep-25
|
$5.333
|
$5.326
|
0.13%
|
$0.01
|
$5.46
|
-2.33%
|
$5.44
|
-2.02%
|
|
|
Saudi Propane
|
Sep-25
|
$5.205
|
$5.201
|
0.09%
|
$0.00
|
$5.57
|
-6.54%
|
$5.03
|
3.53%
|
|
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Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/11/25
|
8/8/25
|
% Change
|
Change
|
7/14/25
|
% Change
|
8/9/24
|
% Change
|
|
|
WTI
|
Oct-25
|
$63.09
|
$63.00
|
0.14%
|
$0.09
|
$64.78
|
-2.61%
|
$70.62
|
-10.66%
|
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Brent
|
Oct-25
|
$66.63
|
$66.59
|
0.06%
|
$0.04
|
$68.23
|
-2.35%
|
$75.26
|
-11.47%
|
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WCS
|
Oct-25
|
-$12.92
|
-$12.80
|
0.93%
|
-$0.12
|
-$12.03
|
7.37%
|
-$16.17
|
-20.06%
|
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LLS
|
Oct-25
|
$64.42
|
$64.23
|
0.29%
|
$0.18
|
$66.13
|
-2.59%
|
$72.87
|
-11.60%
|
|
|
Mars
|
Oct-25
|
$62.66
|
$62.43
|
0.36%
|
$0.23
|
$64.28
|
-2.53%
|
$69.76
|
-10.18%
|
|
|
Sour
|
Oct-25
|
$63.29
|
$62.78
|
0.81%
|
$0.51
|
$64.87
|
-2.44%
|
$70.62
|
-10.38%
|
|
|
ESPO
|
Oct-25
|
$64.63
|
$64.59
|
0.06%
|
$0.04
|
$66.23
|
-2.42%
|
$73.26
|
-11.78%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/11/25
|
8/8/25
|
% Change
|
Change
|
7/14/25
|
% Change
|
8/9/24
|
% Change
|
|
|
NY Heating Oil
|
Sep-25
|
$2.29
|
$2.28
|
0.75%
|
$0.02
|
$2.37
|
-3.21%
|
$2.34
|
-2.01%
|
|
|
NY Gasoline
|
Sep-25
|
$2.09
|
$2.10
|
-0.38%
|
-$0.01
|
$2.16
|
-3.24%
|
$2.18
|
-4.04%
|
|
|
GC Gasoline
|
Sep-25
|
$1.95
|
$1.96
|
-0.41%
|
-$0.01
|
$2.02
|
-3.47%
|
$2.08
|
-6.16%
|
|
|
GC Jet
|
Sep-25
|
$2.09
|
$2.04
|
2.55%
|
$0.05
|
$2.16
|
-3.15%
|
$2.20
|
-5.13%
|
|
|
Chicago Ethanol
|
Sep-25
|
$1.77
|
$1.78
|
-0.56%
|
-$0.01
|
$1.74
|
1.84%
|
$1.58
|
12.27%
|
|
|
Rotterdam Gasoil
|
Sep-25
|
$638.13
|
$634.33
|
0.60%
|
$3.80
|
$651.33
|
-2.03%
|
$671.81
|
-5.01%
|
|
|
Singapore Jet Kero
|
Sep-25
|
$83.53
|
$82.71
|
0.99%
|
$0.82
|
$88.28
|
-5.38%
|
$92.14
|
-9.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/11/25
|
8/8/25
|
% Change
|
Change
|
7/14/25
|
% Change
|
8/9/24
|
% Change
|
|
|
Henry Hub Straddle
|
Sep-25
|
57.73%
|
58.29%
|
-0.96%
|
-0.56%
|
54.82%
|
5.31%
|
39.08%
|
47.72%
|
|
|
Algonquin Straddle
|
Sep-25
|
62.76%
|
71.44%
|
-12.15%
|
-8.68%
|
68.70%
|
-8.65%
|
48.23%
|
30.13%
|
|
|
Waha Straddle
|
Sep-25
|
143.56%
|
157.96%
|
-9.12%
|
-14.40%
|
153.10%
|
-6.23%
|
66.25%
|
116.69%
|
|
|
Chicago Straddle
|
Sep-25
|
60.72%
|
61.32%
|
-0.98%
|
-0.60%
|
61.07%
|
-0.57%
|
41.77%
|
45.37%
|
|
|
PJM West Straddle
|
Sep-25
|
40.56%
|
39.90%
|
1.65%
|
0.66%
|
47.24%
|
-14.14%
|
39.78%
|
1.96%
|
|
|
SP – 15 Straddle
|
Sep-25
|
182.69%
|
175.22%
|
4.26%
|
7.47%
|
174.05%
|
4.96%
|
87.24%
|
109.41%
|
|
|
Mid. C Straddle
|
Sep-25
|
89.54%
|
71.98%
|
24.40%
|
17.56%
|
102.96%
|
-13.03%
|
52.26%
|
71.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/11/25
|
8/8/25
|
% Change
|
Change
|
7/14/25
|
% Change
|
8/9/24
|
% Change
|
|
|
Dutch TTF
|
Sep-25
|
EUR 33.13
|
EUR 32.20
|
2.88%
|
EUR 0.93
|
EUR 35.72
|
-7.25%
|
EUR 40.80
|
-18.80%
|
|
|
NBP
|
Sep-25
|
GBP 81.36
|
GBP 78.82
|
3.22%
|
GBP 2.54
|
GBP 87.98
|
-7.52%
|
GBP 102.59
|
-20.70%
|
|
|
German Base
|
Sep-25
|
EUR 85.18
|
EUR 84.64
|
0.63%
|
EUR 0.54
|
EUR 89.46
|
-4.78%
|
EUR 100.86
|
-15.55%
|
|
|
UK Base
|
Sep-25
|
GBP 76.19
|
GBP 78.00
|
-2.32%
|
-GBP 1.81
|
GBP 81.56
|
-6.58%
|
GBP 82.49
|
-7.64%
|
|
|
French Base
|
Sep-25
|
EUR 57.69
|
EUR 57.38
|
0.55%
|
EUR 0.32
|
EUR 57.35
|
0.59%
|
EUR 78.33
|
-26.35%
|
|
|
Italian Base
|
Sep-25
|
EUR 112.29
|
EUR 110.68
|
1.45%
|
EUR 1.61
|
EUR 119.19
|
-5.80%
|
EUR 123.44
|
-9.03%
|
|
|
JKM LNG
|
Sep-25
|
$11.98
|
$11.57
|
3.61%
|
$0.42
|
$12.77
|
-6.19%
|
$14.03
|
-14.61%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/11/25
|
8/8/25
|
% Change
|
Change
|
7/14/25
|
% Change
|
8/9/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Sep-25
|
$33.13
|
$32.20
|
2.88%
|
$0.93
|
$35.72
|
-7.25%
|
$40.80
|
-18.80%
|
|
|
USGC-UK Continent Dirty (WET)
|
Sep-25
|
$81.36
|
$78.82
|
3.22%
|
$2.54
|
$87.98
|
-7.52%
|
$102.59
|
-20.70%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Sep-25
|
$85.18
|
$84.64
|
0.63%
|
$0.54
|
$89.46
|
-4.78%
|
$100.86
|
-15.55%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Sep-25
|
$76.19
|
$78.00
|
-2.32%
|
-$1.81
|
$81.56
|
-6.58%
|
$82.49
|
-7.64%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Sep-25
|
$57.69
|
$57.38
|
0.55%
|
$0.32
|
$57.35
|
0.59%
|
$78.33
|
-26.35%
|
|
|
Supramax Timecharter (DRY)
|
Sep-25
|
$112.29
|
$110.68
|
1.45%
|
$1.61
|
$119.19
|
-5.80%
|
$123.44
|
-9.03%
|
|
|
Capesize Timecharter (DRY)
|
Sep-25
|
$11.98
|
$11.57
|
3.61%
|
$0.42
|
$12.77
|
-6.19%
|
$14.03
|
-14.61%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
08/09/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
28
|
-15
|
-26
|
428
|
123
|
-61
|
40.00%
|
-12.00%
|
|
|
Middle Atlantic
|
43
|
-14
|
-28
|
611
|
150
|
-63
|
33.00%
|
-9.00%
|
|
|
E N Central
|
58
|
4
|
-7
|
624
|
111
|
50
|
22.00%
|
9.00%
|
|
|
W N Central
|
66
|
-1
|
0
|
694
|
34
|
31
|
5.00%
|
5.00%
|
|
|
South Atlantic
|
70
|
-25
|
-37
|
1,415
|
189
|
-13
|
15.00%
|
-1.00%
|
|
|
E S Central
|
80
|
-13
|
-27
|
1,202
|
182
|
6
|
18.00%
|
1.00%
|
|
|
W S Central
|
126
|
2
|
-14
|
1,744
|
181
|
-31
|
12.00%
|
-2.00%
|
|
|
Mountain
|
89
|
16
|
-8
|
861
|
51
|
-42
|
6.00%
|
-5.00%
|
|
|
Pacific
|
53
|
6
|
-25
|
383
|
-21
|
-141
|
-5.00%
|
-27.00%
|
|
|
United States
|
67
|
-5
|
-21
|
903
|
113
|
-32
|
14.00%
|
-3.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
08/09/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
2
|
-2
|
0
|
9
|
-6
|
4
|
NA
|
NA
|
|
|
Middle Atlantic
|
2
|
-1
|
2
|
4
|
-6
|
2
|
NA
|
NA
|
|
|
E N Central
|
2
|
-2
|
1
|
8
|
-6
|
-6
|
NA
|
NA
|
|
|
W N Central
|
2
|
-1
|
-3
|
10
|
-9
|
-7
|
NA
|
NA
|
|
|
South Atlantic
|
1
|
1
|
1
|
1
|
1
|
1
|
NA
|
NA
|
|
|
E S Central
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
W S Central
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
Mountain
|
1
|
-1
|
0
|
3
|
-19
|
-5
|
NA
|
NA
|
|
|
Pacific
|
3
|
0
|
2
|
8
|
-20
|
3
|
NA
|
NA
|
|
|
United States
|
1
|
-1
|
1
|
4
|
-8
|
-1
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|

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