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Prices as of 8:10 AM CST
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Current Price
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Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$2.900
|
$2.841
|
2.08%
|
$0.059
|
28,966
|
|
|
WTI
|
$63.53
|
$63.96
|
-0.67%
|
-$0.43
|
36,826
|
|
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Brent
|
$66.46
|
$66.84
|
-0.57%
|
-$0.38
|
11,725
|
|
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ULSD
|
$2.235
|
$2.234
|
0.03%
|
$0.001
|
4,096
|
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RBOB
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$2.094
|
$2.109
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-0.72%
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-$0.015
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4,767
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Spreads
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Current
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Previous
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% Change
|
Change
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Contract
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WTI-Brent
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$3.84
|
$3.81
|
0.79%
|
$0.03
|
Oct-25
|
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3:2:1 Crack
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$22.67
|
$22.57
|
0.45%
|
$0.10
|
Sep-25
|
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PJM West Spark
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$45.37
|
$47.21
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-3.89%
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-$1.84
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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
|
|
|
U.S.
|
08/08/25
|
539
|
-1
|
-49
|
08/09/24
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Canada
|
08/08/25
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180
|
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
|
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
|
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
|
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
|
$13.40
|
$13.50
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Natural Gas Spot
|
$2.50
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$2.20
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$4.10
|
$4.80
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LNG Exports
|
12.00
|
12.00
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15.00
|
16.00
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Electrical Generation %
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2023
|
2024
|
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%
|
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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|
08/14/20
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|
8/8/25
|
8/1/25
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Net Change
|
% Change
|
8/9/24
|
% Change
|
5 Year Avg.
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% Change
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East
|
677
|
656
|
21
|
3.20%
|
723
|
-6.36%
|
684
|
-1.08%
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Midwest
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796
|
775
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21
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2.71%
|
869
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-8.40%
|
807
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-1.36%
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Mountain
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253
|
249
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4
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1.61%
|
260
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-2.69%
|
202
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25.25%
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Pacific
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305
|
305
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0
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0.00%
|
287
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6.27%
|
266
|
14.75%
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South
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1,154
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1,145
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9
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0.79%
|
1,125
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2.58%
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1,055
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9.34%
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Salt
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295
|
296
|
-1
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-0.34%
|
286
|
3.15%
|
261
|
12.85%
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Non_Salt
|
859
|
849
|
10
|
1.18%
|
839
|
2.38%
|
794
|
8.16%
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Total
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3,186
|
3,130
|
56
|
1.79%
|
3,264
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-2.39%
|
3,015
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5.68%
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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
|
8/14/25
|
8/13/25
|
% Change
|
Change
|
7/17/25
|
% Change
|
8/14/24
|
% Change
|
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PJM West On Peak
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Sep-25
|
$51.60
|
$53.28
|
-3.16%
|
-$1.68
|
$55.19
|
-6.51%
|
$52.61
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-1.92%
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ERCOT North On Peak
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Sep-25
|
$44.10
|
$42.50
|
3.76%
|
$1.60
|
$69.89
|
-36.91%
|
$64.51
|
-31.64%
|
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CAISO SP 15 On Peak
|
Sep-25
|
$35.00
|
$36.81
|
-4.91%
|
-$1.81
|
$46.25
|
-24.32%
|
$58.36
|
-40.02%
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MISO Indiana On Peak
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Sep-25
|
$50.82
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$51.88
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-2.05%
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-$1.06
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$51.50
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-1.32%
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$52.66
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-3.50%
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NEISO Mass On Peak
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Sep-25
|
$47.28
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$50.01
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-5.46%
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-$2.73
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$51.10
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-7.47%
|
$47.86
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-1.21%
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WECC Mid C On Peak
|
Sep-25
|
$47.00
|
$52.58
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-10.61%
|
-$5.58
|
$66.19
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-28.99%
|
$88.35
|
-46.80%
|
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NYISO Zone G On Peak
|
Sep-25
|
$49.18
|
$51.73
|
-4.92%
|
-$2.55
|
$52.54
|
-6.40%
|
$48.43
|
1.55%
|
|
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Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/14/25
|
8/13/25
|
% Change
|
Change
|
7/17/25
|
% Change
|
8/14/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Sep-25
|
$2.841
|
$2.828
|
0.46%
|
$0.01
|
$3.58
|
-20.58%
|
$3.27
|
-13.20%
|
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Houston Ship Channel
|
Sep-25
|
-$0.370
|
-$0.367
|
0.76%
|
$0.00
|
-$0.39
|
-5.57%
|
-$0.42
|
-12.85%
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Chicago
|
Sep-25
|
-$0.276
|
-$0.276
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-0.07%
|
$0.00
|
-$0.36
|
-22.46%
|
-$0.46
|
-39.71%
|
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Waha
|
Sep-25
|
-$2.213
|
-$2.166
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-2.17%
|
-$0.05
|
-$2.08
|
6.16%
|
-$1.13
|
96.62%
|
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Algonquin
|
Sep-25
|
-$0.330
|
-$0.262
|
-26.15%
|
-$0.07
|
-$0.48
|
-30.70%
|
-$0.93
|
-64.55%
|
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Aeco
|
Sep-25
|
-$2.294
|
-$2.257
|
1.66%
|
-$0.04
|
-$2.81
|
-18.43%
|
-$1.48
|
54.76%
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Socal
|
Sep-25
|
-$0.388
|
-$0.402
|
-3.58%
|
$0.01
|
-$0.09
|
309.40%
|
$0.64
|
-160.53%
|
|
|
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Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/14/25
|
8/13/25
|
% Change
|
Change
|
7/17/25
|
% Change
|
8/14/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Sep-25
|
$0.684
|
$0.676
|
1.12%
|
$0.01
|
$0.70
|
-2.45%
|
$0.73
|
-6.26%
|
|
|
Mt. Belvieu Propane non LST
|
Sep-25
|
$0.683
|
$0.665
|
2.68%
|
$0.02
|
$0.69
|
-1.55%
|
$0.73
|
-6.29%
|
|
|
Mt. Belview Ethane
|
Sep-25
|
$0.205
|
$0.205
|
-0.03%
|
$0.00
|
$0.26
|
-21.18%
|
$0.24
|
-14.97%
|
|
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Mt. Belview Nat. Gasoline
|
Sep-25
|
$1.280
|
$1.265
|
1.19%
|
$0.02
|
$1.33
|
-3.39%
|
$1.42
|
-9.88%
|
|
|
Mt. Belvieu Butane LST
|
Sep-25
|
$0.781
|
$0.775
|
0.74%
|
$0.01
|
$0.84
|
-7.55%
|
$0.84
|
-6.62%
|
|
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Far East Propane
|
Sep-25
|
$5.390
|
$5.311
|
1.49%
|
$0.08
|
$5.40
|
-0.18%
|
$5.64
|
-4.50%
|
|
|
Saudi Propane
|
Sep-25
|
$5.230
|
$5.200
|
0.58%
|
$0.03
|
$5.41
|
-3.40%
|
$5.19
|
0.77%
|
|
|
|
|
|
|
|
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|
|
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|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/14/25
|
8/13/25
|
% Change
|
Change
|
7/17/25
|
% Change
|
8/14/24
|
% Change
|
|
|
WTI
|
Oct-25
|
$63.03
|
$61.93
|
1.75%
|
$1.10
|
$65.15
|
-3.25%
|
$70.84
|
-11.02%
|
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|
Brent
|
Oct-25
|
$66.84
|
$65.63
|
1.81%
|
$1.21
|
$68.52
|
-2.45%
|
$75.51
|
-11.48%
|
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WCS
|
Oct-25
|
-$12.84
|
-$12.77
|
0.50%
|
-$0.06
|
-$12.64
|
1.61%
|
-$14.38
|
-10.71%
|
|
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LLS
|
Oct-25
|
$64.12
|
$63.24
|
1.37%
|
$0.88
|
$66.48
|
-3.56%
|
$73.09
|
-12.28%
|
|
|
Mars
|
Oct-25
|
$61.94
|
$61.16
|
1.26%
|
$0.78
|
$63.45
|
-2.39%
|
$70.26
|
-11.85%
|
|
|
Sour
|
Oct-25
|
$62.04
|
$61.45
|
0.94%
|
$0.58
|
$64.51
|
-3.84%
|
$71.04
|
-12.67%
|
|
|
ESPO
|
Oct-25
|
$64.84
|
$63.63
|
1.87%
|
$1.21
|
$66.52
|
-2.53%
|
$73.51
|
-11.79%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/14/25
|
8/13/25
|
% Change
|
Change
|
7/17/25
|
% Change
|
8/14/24
|
% Change
|
|
|
NY Heating Oil
|
Sep-25
|
$2.24
|
$2.22
|
1.08%
|
$0.02
|
$2.44
|
-8.04%
|
$2.36
|
-4.88%
|
|
|
NY Gasoline
|
Sep-25
|
$2.10
|
$1.90
|
10.70%
|
$0.20
|
$2.11
|
-0.47%
|
$2.18
|
-3.67%
|
|
|
GC Gasoline
|
Sep-25
|
$1.96
|
$1.76
|
11.55%
|
$0.20
|
$1.97
|
-0.51%
|
$2.08
|
-5.77%
|
|
|
GC Jet
|
Sep-25
|
$2.01
|
$1.99
|
0.90%
|
$0.02
|
$2.18
|
-7.67%
|
$2.25
|
-10.63%
|
|
|
Chicago Ethanol
|
Sep-25
|
$1.73
|
$1.75
|
-1.03%
|
-$0.02
|
$1.77
|
-2.43%
|
$1.60
|
7.74%
|
|
|
Rotterdam Gasoil
|
Sep-25
|
$633.93
|
$628.15
|
0.92%
|
$5.78
|
$634.22
|
-0.05%
|
$671.66
|
-5.62%
|
|
|
Singapore Jet Kero
|
Sep-25
|
$82.33
|
$82.26
|
0.08%
|
$0.07
|
$87.83
|
-6.26%
|
$93.22
|
-11.68%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/14/25
|
8/13/25
|
% Change
|
Change
|
7/17/25
|
% Change
|
8/14/24
|
% Change
|
|
|
Henry Hub Straddle
|
Sep-25
|
58.20%
|
59.49%
|
-2.17%
|
-1.29%
|
57.96%
|
0.41%
|
40.28%
|
44.49%
|
|
|
Algonquin Straddle
|
Sep-25
|
65.06%
|
68.57%
|
-5.12%
|
-3.51%
|
71.42%
|
-8.91%
|
48.62%
|
33.81%
|
|
|
Waha Straddle
|
Sep-25
|
148.85%
|
149.49%
|
-0.43%
|
-0.64%
|
145.63%
|
2.21%
|
66.21%
|
124.81%
|
|
|
Chicago Straddle
|
Sep-25
|
58.74%
|
63.47%
|
-7.45%
|
-4.73%
|
63.72%
|
-7.82%
|
42.66%
|
37.69%
|
|
|
PJM West Straddle
|
Sep-25
|
40.71%
|
41.39%
|
-1.64%
|
-0.68%
|
42.38%
|
-3.94%
|
39.80%
|
2.29%
|
|
|
SP – 15 Straddle
|
Sep-25
|
199.37%
|
194.44%
|
2.54%
|
4.93%
|
183.38%
|
8.72%
|
98.37%
|
102.67%
|
|
|
Mid. C Straddle
|
Sep-25
|
80.40%
|
73.05%
|
10.06%
|
7.35%
|
98.70%
|
-18.54%
|
66.72%
|
20.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/14/25
|
8/13/25
|
% Change
|
Change
|
7/17/25
|
% Change
|
8/14/24
|
% Change
|
|
|
Dutch TTF
|
Sep-25
|
EUR 32.33
|
EUR 32.69
|
-1.13%
|
-EUR 0.37
|
EUR 34.91
|
-7.41%
|
EUR 40.78
|
-20.72%
|
|
|
NBP
|
Sep-25
|
GBP 79.40
|
GBP 80.50
|
-1.38%
|
-GBP 1.11
|
GBP 85.58
|
-7.22%
|
GBP 103.42
|
-23.23%
|
|
|
German Base
|
Sep-25
|
EUR 82.65
|
EUR 82.91
|
-0.32%
|
-EUR 0.27
|
EUR 88.48
|
-6.59%
|
EUR 102.12
|
-19.07%
|
|
|
UK Base
|
Sep-25
|
GBP 73.36
|
GBP 76.50
|
-4.10%
|
-GBP 3.14
|
GBP 80.57
|
-8.95%
|
GBP 82.54
|
-11.12%
|
|
|
French Base
|
Sep-25
|
EUR 54.67
|
EUR 55.73
|
-1.90%
|
-EUR 1.06
|
EUR 53.94
|
1.34%
|
EUR 74.72
|
-26.84%
|
|
|
Italian Base
|
Sep-25
|
EUR 107.38
|
EUR 109.68
|
-2.10%
|
-EUR 2.30
|
EUR 117.15
|
-8.35%
|
EUR 122.99
|
-12.70%
|
|
|
JKM LNG
|
Sep-25
|
$11.74
|
$11.97
|
-1.91%
|
-$0.23
|
$12.30
|
-4.58%
|
$14.25
|
-17.63%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/14/25
|
8/13/25
|
% Change
|
Change
|
7/17/25
|
% Change
|
8/14/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Sep-25
|
$32.33
|
$32.69
|
-1.13%
|
-$0.37
|
$34.91
|
-7.41%
|
$40.78
|
-20.72%
|
|
|
USGC-UK Continent Dirty (WET)
|
Sep-25
|
$79.40
|
$80.50
|
-1.38%
|
-$1.11
|
$85.58
|
-7.22%
|
$103.42
|
-23.23%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Sep-25
|
$82.65
|
$82.91
|
-0.32%
|
-$0.27
|
$88.48
|
-6.59%
|
$102.12
|
-19.07%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Sep-25
|
$73.36
|
$76.50
|
-4.10%
|
-$3.14
|
$80.57
|
-8.95%
|
$82.54
|
-11.12%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Sep-25
|
$54.67
|
$55.73
|
-1.90%
|
-$1.06
|
$53.94
|
1.34%
|
$74.72
|
-26.84%
|
|
|
Supramax Timecharter (DRY)
|
Sep-25
|
$107.38
|
$109.68
|
-2.10%
|
-$2.30
|
$117.15
|
-8.35%
|
$122.99
|
-12.70%
|
|
|
Capesize Timecharter (DRY)
|
Sep-25
|
$11.74
|
$11.97
|
-1.91%
|
-$0.23
|
$12.30
|
-4.58%
|
$14.25
|
-17.63%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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