|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:08 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$2.803
|
$2.828
|
-0.88%
|
-$0.025
|
17,233
|
|
|
WTI
|
$62.94
|
$62.65
|
0.46%
|
$0.29
|
43,092
|
|
|
Brent
|
$65.91
|
$65.63
|
0.43%
|
$0.28
|
8,970
|
|
|
ULSD
|
$2.227
|
$2.243
|
-0.73%
|
-$0.016
|
3,472
|
|
|
RBOB
|
$2.089
|
$2.070
|
0.90%
|
$0.019
|
4,089
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
WTI-Brent
|
$3.75
|
$3.70
|
1.35%
|
$0.05
|
Oct-25
|
|
|
3:2:1 Crack
|
$22.82
|
$22.82
|
-0.02%
|
-$0.01
|
Sep-25
|
|
|
PJM West Spark
|
$47.31
|
$43.23
|
9.44%
|
$4.08
|
Sep-25
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
U.S.
|
08/08/25
|
539
|
-1
|
-49
|
08/09/24
|
|
|
Canada
|
08/08/25
|
180
|
3
|
-37
|
08/09/24
|
|
|
International
|
July-2025
|
914
|
1
|
-20
|
July-2024
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 8/5/2025
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
PJM West On Peak
|
93,148
|
92,890
|
92,634
|
256
|
|
|
PJM West Off Peak
|
86,233
|
86,087
|
85,612
|
475
|
|
|
Natural Gas Henry Hub
|
345,329
|
331,244
|
333,465
|
-2,221
|
|
|
WTI – Light Sweet Crude Futures
|
329,953
|
273,894
|
259,807
|
14,087
|
|
|
Brent Crude Last Day
|
199,499
|
192,306
|
193,859
|
-1,553
|
|
|
NYM Ethanol
|
33,006
|
32,387
|
32,593
|
-206
|
|
|
Mt Belvieu LDH Propane Swap
|
142,114
|
141,265
|
141,773
|
-508
|
|
|
RBOB
|
335,343
|
314,111
|
319,907
|
-5,796
|
|
|
HSC Basis
|
722,586
|
713,649
|
719,721
|
-6,072
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
08/07/20
|
|
|
|
|
8/1/25
|
7/25/25
|
Net Change
|
% Change
|
8/2/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
656
|
651
|
5
|
0.77%
|
719
|
-8.76%
|
670
|
-2.09%
|
|
|
Midwest
|
775
|
765
|
10
|
1.31%
|
854
|
-9.25%
|
781
|
-0.82%
|
|
|
Mountain
|
249
|
243
|
6
|
2.47%
|
257
|
-3.11%
|
198
|
25.50%
|
|
|
Pacific
|
305
|
302
|
3
|
0.99%
|
289
|
5.54%
|
266
|
14.75%
|
|
|
South
|
1,145
|
1,162
|
-17
|
-1.46%
|
1,152
|
-0.61%
|
1,066
|
7.37%
|
|
|
Salt
|
296
|
316
|
-20
|
-6.33%
|
300
|
-1.33%
|
272
|
8.74%
|
|
|
Non_Salt
|
849
|
846
|
3
|
0.35%
|
851
|
-0.24%
|
794
|
6.90%
|
|
|
Total
|
3,130
|
3,123
|
7
|
0.22%
|
3,270
|
-4.28%
|
2,982
|
4.97%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/13/25
|
8/12/25
|
% Change
|
Change
|
7/16/25
|
% Change
|
8/13/24
|
% Change
|
|
|
PJM West On Peak
|
Sep-25
|
$53.28
|
$49.28
|
8.13%
|
$4.01
|
$59.65
|
-10.66%
|
$52.96
|
0.61%
|
|
|
ERCOT North On Peak
|
Sep-25
|
$42.50
|
$38.63
|
10.02%
|
$3.87
|
$68.33
|
-37.81%
|
$65.87
|
-35.49%
|
|
|
CAISO SP 15 On Peak
|
Sep-25
|
$36.81
|
$36.00
|
2.24%
|
$0.81
|
$46.53
|
-20.90%
|
$58.80
|
-37.40%
|
|
|
MISO Indiana On Peak
|
Sep-25
|
$51.88
|
$47.12
|
10.10%
|
$4.76
|
$55.61
|
-6.71%
|
$53.16
|
-2.41%
|
|
|
NEISO Mass On Peak
|
Sep-25
|
$50.01
|
$49.29
|
1.47%
|
$0.72
|
$53.00
|
-5.63%
|
$48.82
|
2.44%
|
|
|
WECC Mid C On Peak
|
Sep-25
|
$52.58
|
$51.50
|
2.10%
|
$1.08
|
$66.62
|
-21.08%
|
$88.71
|
-40.73%
|
|
|
NYISO Zone G On Peak
|
Sep-25
|
$51.73
|
$51.21
|
1.00%
|
$0.51
|
$52.90
|
-2.22%
|
$49.61
|
4.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/13/25
|
8/12/25
|
% Change
|
Change
|
7/16/25
|
% Change
|
8/13/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Sep-25
|
$2.828
|
$2.808
|
0.71%
|
$0.02
|
$3.59
|
-21.12%
|
$3.26
|
-13.33%
|
|
|
Houston Ship Channel
|
Sep-25
|
-$0.367
|
-$0.374
|
-1.87%
|
$0.01
|
-$0.41
|
-9.97%
|
-$0.42
|
-11.72%
|
|
|
Chicago
|
Sep-25
|
-$0.276
|
-$0.285
|
2.97%
|
$0.01
|
-$0.35
|
-21.24%
|
-$0.45
|
-39.22%
|
|
|
Waha
|
Sep-25
|
-$2.166
|
-$2.075
|
-4.36%
|
-$0.09
|
-$2.14
|
1.12%
|
-$1.07
|
101.83%
|
|
|
Algonquin
|
Sep-25
|
-$0.262
|
-$0.205
|
-27.61%
|
-$0.06
|
-$0.46
|
-43.17%
|
-$0.93
|
-71.75%
|
|
|
Aeco
|
Sep-25
|
-$2.257
|
-$2.327
|
-3.03%
|
$0.07
|
-$2.85
|
-20.68%
|
-$1.47
|
53.63%
|
|
|
Socal
|
Sep-25
|
-$0.402
|
-$0.453
|
-11.18%
|
$0.05
|
-$0.10
|
290.01%
|
$0.71
|
-156.42%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/13/25
|
8/12/25
|
% Change
|
Change
|
7/16/25
|
% Change
|
8/13/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Sep-25
|
$0.676
|
$0.675
|
0.20%
|
$0.00
|
$0.71
|
-5.06%
|
$0.73
|
-7.12%
|
|
|
Mt. Belvieu Propane non LST
|
Sep-25
|
$0.665
|
$0.667
|
-0.38%
|
$0.00
|
$0.71
|
-6.14%
|
$0.73
|
-8.81%
|
|
|
Mt. Belview Ethane
|
Sep-25
|
$0.205
|
$0.202
|
1.46%
|
$0.00
|
$0.26
|
-19.59%
|
$0.24
|
-13.88%
|
|
|
Mt. Belview Nat. Gasoline
|
Sep-25
|
$1.265
|
$1.275
|
-0.79%
|
-$0.01
|
$1.31
|
-3.62%
|
$1.44
|
-12.26%
|
|
|
Mt. Belvieu Butane LST
|
Sep-25
|
$0.775
|
$0.780
|
-0.61%
|
$0.00
|
$0.84
|
-7.69%
|
$0.84
|
-7.75%
|
|
|
Far East Propane
|
Sep-25
|
$5.311
|
$5.311
|
0.00%
|
$0.00
|
$5.40
|
-1.64%
|
$5.61
|
-5.28%
|
|
|
Saudi Propane
|
Sep-25
|
$5.200
|
$5.200
|
0.01%
|
$0.00
|
$5.48
|
-5.08%
|
$5.16
|
0.79%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/13/25
|
8/12/25
|
% Change
|
Change
|
7/16/25
|
% Change
|
8/13/24
|
% Change
|
|
|
WTI
|
Oct-25
|
$61.93
|
$62.48
|
-0.89%
|
-$0.55
|
$64.19
|
-3.52%
|
$71.25
|
-13.08%
|
|
|
Brent
|
Oct-25
|
$65.63
|
$66.12
|
-0.75%
|
-$0.49
|
$67.55
|
-2.84%
|
$76.01
|
-13.66%
|
|
|
WCS
|
Oct-25
|
-$12.77
|
-$12.88
|
-0.80%
|
$0.10
|
-$12.65
|
0.99%
|
-$16.69
|
-23.48%
|
|
|
LLS
|
Oct-25
|
$63.24
|
$63.86
|
-0.99%
|
-$0.62
|
$65.59
|
-3.58%
|
$73.29
|
-13.72%
|
|
|
Mars
|
Oct-25
|
$61.16
|
$61.73
|
-0.93%
|
-$0.57
|
$62.36
|
-1.93%
|
$70.19
|
-12.87%
|
|
|
Sour
|
Oct-25
|
$61.45
|
$62.83
|
-2.24%
|
-$1.38
|
$64.38
|
-4.54%
|
$71.50
|
-14.06%
|
|
|
ESPO
|
Oct-25
|
$63.63
|
$64.12
|
-0.77%
|
-$0.49
|
$65.55
|
-2.93%
|
$74.01
|
-14.03%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/13/25
|
8/12/25
|
% Change
|
Change
|
7/16/25
|
% Change
|
8/13/24
|
% Change
|
|
|
NY Heating Oil
|
Sep-25
|
$2.22
|
$2.24
|
-1.07%
|
-$0.02
|
$2.37
|
-6.53%
|
$2.38
|
-6.89%
|
|
|
NY Gasoline
|
Sep-25
|
$1.90
|
$2.08
|
-8.80%
|
-$0.18
|
$2.11
|
-10.09%
|
$2.20
|
-13.85%
|
|
|
GC Gasoline
|
Sep-25
|
$1.76
|
$1.94
|
-9.43%
|
-$0.18
|
$1.97
|
-10.81%
|
$2.10
|
-16.41%
|
|
|
GC Jet
|
Sep-25
|
$1.99
|
$2.02
|
-1.14%
|
-$0.02
|
$2.15
|
-7.48%
|
$2.29
|
-13.13%
|
|
|
Chicago Ethanol
|
Sep-25
|
$1.75
|
$1.72
|
1.28%
|
$0.02
|
$1.77
|
-1.41%
|
$1.59
|
9.89%
|
|
|
Rotterdam Gasoil
|
Sep-25
|
$628.15
|
$635.58
|
-1.17%
|
-$7.43
|
$630.98
|
-0.45%
|
$683.73
|
-8.13%
|
|
|
Singapore Jet Kero
|
Sep-25
|
$82.26
|
$82.79
|
-0.63%
|
-$0.52
|
$85.86
|
-4.18%
|
$93.86
|
-12.36%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/13/25
|
8/12/25
|
% Change
|
Change
|
7/16/25
|
% Change
|
8/13/24
|
% Change
|
|
|
Henry Hub Straddle
|
Sep-25
|
59.49%
|
59.73%
|
-0.40%
|
-0.24%
|
57.97%
|
2.62%
|
42.41%
|
40.27%
|
|
|
Algonquin Straddle
|
Sep-25
|
68.57%
|
65.48%
|
4.72%
|
3.09%
|
71.68%
|
-4.34%
|
52.66%
|
30.21%
|
|
|
Waha Straddle
|
Sep-25
|
149.49%
|
141.14%
|
5.92%
|
8.35%
|
148.32%
|
0.79%
|
68.74%
|
117.47%
|
|
|
Chicago Straddle
|
Sep-25
|
63.47%
|
61.09%
|
3.90%
|
2.38%
|
63.91%
|
-0.69%
|
44.94%
|
41.23%
|
|
|
PJM West Straddle
|
Sep-25
|
41.39%
|
40.01%
|
3.45%
|
1.38%
|
45.41%
|
-8.85%
|
39.71%
|
4.23%
|
|
|
SP – 15 Straddle
|
Sep-25
|
194.44%
|
184.36%
|
5.47%
|
10.08%
|
186.80%
|
4.09%
|
97.88%
|
98.65%
|
|
|
Mid. C Straddle
|
Sep-25
|
73.05%
|
72.03%
|
1.42%
|
1.02%
|
93.98%
|
-22.27%
|
64.81%
|
12.71%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/13/25
|
8/12/25
|
% Change
|
Change
|
7/16/25
|
% Change
|
8/13/24
|
% Change
|
|
|
Dutch TTF
|
Sep-25
|
EUR 32.69
|
EUR 32.43
|
0.81%
|
EUR 0.26
|
EUR 35.13
|
-6.93%
|
EUR 40.75
|
-19.77%
|
|
|
NBP
|
Sep-25
|
GBP 80.50
|
GBP 79.74
|
0.96%
|
GBP 0.76
|
GBP 86.50
|
-6.94%
|
GBP 102.48
|
-21.44%
|
|
|
German Base
|
Sep-25
|
EUR 82.91
|
EUR 83.22
|
-0.37%
|
-EUR 0.31
|
EUR 88.98
|
-6.82%
|
EUR 101.40
|
-18.23%
|
|
|
UK Base
|
Sep-25
|
GBP 76.50
|
GBP 75.19
|
1.74%
|
GBP 1.31
|
GBP 80.75
|
-5.27%
|
GBP 82.46
|
-7.24%
|
|
|
French Base
|
Sep-25
|
EUR 55.73
|
EUR 57.18
|
-2.54%
|
-EUR 1.45
|
EUR 58.26
|
-4.34%
|
EUR 78.29
|
-28.82%
|
|
|
Italian Base
|
Sep-25
|
EUR 109.68
|
EUR 108.17
|
1.39%
|
EUR 1.50
|
EUR 117.08
|
-6.32%
|
EUR 123.79
|
-11.40%
|
|
|
JKM LNG
|
Sep-25
|
$11.97
|
$11.85
|
0.94%
|
$0.11
|
$12.33
|
-2.93%
|
$13.90
|
-13.93%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/13/25
|
8/12/25
|
% Change
|
Change
|
7/16/25
|
% Change
|
8/13/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Sep-25
|
$32.69
|
$32.43
|
0.81%
|
$0.26
|
$35.13
|
-6.93%
|
$40.75
|
-19.77%
|
|
|
USGC-UK Continent Dirty (WET)
|
Sep-25
|
$80.50
|
$79.74
|
0.96%
|
$0.76
|
$86.50
|
-6.94%
|
$102.48
|
-21.44%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Sep-25
|
$82.91
|
$83.22
|
-0.37%
|
-$0.31
|
$88.98
|
-6.82%
|
$101.40
|
-18.23%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Sep-25
|
$76.50
|
$75.19
|
1.74%
|
$1.31
|
$80.75
|
-5.27%
|
$82.46
|
-7.24%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Sep-25
|
$55.73
|
$57.18
|
-2.54%
|
-$1.45
|
$58.26
|
-4.34%
|
$78.29
|
-28.82%
|
|
|
Supramax Timecharter (DRY)
|
Sep-25
|
$109.68
|
$108.17
|
1.39%
|
$1.50
|
$117.08
|
-6.32%
|
$123.79
|
-11.40%
|
|
|
Capesize Timecharter (DRY)
|
Sep-25
|
$11.97
|
$11.85
|
0.94%
|
$0.11
|
$12.33
|
-2.93%
|
$13.90
|
-13.93%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|

|

|
|

|

|
|

|

|
|

|

|
|

|

|
|

|

|
|
|
|