|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:02 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$3.170
|
$3.128
|
1.34%
|
$0.042
|
27,273
|
|
|
|
WTI
|
$60.04
|
$59.19
|
1.44%
|
$0.85
|
10,215
|
|
|
|
Brent
|
$64.64
|
$63.76
|
1.38%
|
$0.88
|
11,633
|
|
|
|
ULSD
|
$2.247
|
$2.208
|
1.74%
|
$0.038
|
2,431
|
|
|
|
RBOB
|
$1.798
|
$1.784
|
0.80%
|
$0.014
|
2,191
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$4.70
|
$4.68
|
0.43%
|
$0.02
|
Mar-26
|
|
|
|
3:2:1 Crack
|
$22.49
|
$22.35
|
0.65%
|
$0.15
|
Feb-26
|
|
|
|
PJM West Spark
|
$47.38
|
$47.46
|
-0.16%
|
-$0.08
|
Feb-26
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
01/09/26
|
544
|
-2
|
-40
|
01/10/25
|
|
|
|
Canada
|
01/09/26
|
197
|
96
|
-19
|
01/10/25
|
|
|
|
International
|
Dec-2025
|
1065
|
-8
|
-49
|
Dec-2024
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 1/6/2026
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
121,472
|
121,127
|
121,115
|
12
|
|
|
|
PJM West Off Peak
|
114,770
|
114,417
|
114,412
|
5
|
|
|
|
Natural Gas Henry Hub
|
349,816
|
335,573
|
329,255
|
6,318
|
|
|
|
WTI – Light Sweet Crude Futures
|
492,331
|
408,399
|
387,335
|
21,064
|
|
|
|
Brent Crude Last Day
|
245,702
|
238,027
|
240,506
|
-2,479
|
|
|
|
NYM Ethanol
|
33,596
|
32,968
|
32,926
|
42
|
|
|
|
Mt Belvieu LDH Propane Swap
|
124,830
|
124,178
|
124,529
|
-351
|
|
|
|
RBOB
|
421,968
|
398,450
|
402,943
|
-4,493
|
|
|
|
HSC Basis
|
742,476
|
736,243
|
737,540
|
-1,297
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
01/15/21
|
|
|
|
|
|
1/9/26
|
1/2/26
|
Net Change
|
% Change
|
1/10/25
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
664
|
697
|
-33
|
-4.73%
|
669
|
-0.75%
|
679
|
-2.18%
|
|
|
|
Midwest
|
790
|
821
|
-31
|
-3.78%
|
808
|
-2.23%
|
813
|
-2.81%
|
|
|
|
Mountain
|
251
|
256
|
-5
|
-1.95%
|
240
|
4.58%
|
184
|
36.12%
|
|
|
|
Pacific
|
302
|
304
|
-2
|
-0.66%
|
283
|
6.71%
|
235
|
28.73%
|
|
|
|
South
|
1,178
|
1,178
|
0
|
0.00%
|
1,114
|
5.75%
|
1,076
|
9.46%
|
|
|
|
Salt
|
355
|
343
|
12
|
3.50%
|
326
|
8.90%
|
314
|
13.13%
|
|
|
|
Non_Salt
|
823
|
835
|
-12
|
-1.44%
|
788
|
4.44%
|
762
|
7.95%
|
|
|
|
Total
|
3,185
|
3,256
|
-71
|
-2.18%
|
3,115
|
2.25%
|
2,987
|
6.62%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
1/15/26
|
1/14/26
|
% Change
|
Change
|
12/16/25
|
% Change
|
1/15/25
|
% Change
|
|
|
|
PJM West On Peak
|
Feb-26
|
$54.16
|
$54.15
|
0.01%
|
$0.01
|
$69.05
|
-21.57%
|
$63.56
|
-14.79%
|
|
|
|
ERCOT North On Peak
|
Feb-26
|
$34.22
|
$39.29
|
-12.92%
|
-$5.08
|
$52.68
|
-35.06%
|
$73.16
|
-53.24%
|
|
|
|
CAISO SP 15 On Peak
|
Feb-26
|
$18.95
|
$19.50
|
-2.84%
|
-$0.55
|
$27.94
|
-32.19%
|
$50.19
|
-62.25%
|
|
|
|
MISO Indiana On Peak
|
Feb-26
|
$43.03
|
$45.36
|
-5.14%
|
-$2.33
|
$56.90
|
-24.37%
|
$54.03
|
-20.35%
|
|
|
|
NEISO Mass On Peak
|
Feb-26
|
$111.46
|
$114.37
|
-2.54%
|
-$2.91
|
$134.94
|
-17.40%
|
$108.87
|
2.38%
|
|
|
|
WECC Mid C On Peak
|
Feb-26
|
$21.75
|
$23.50
|
-7.45%
|
-$1.75
|
$38.20
|
-43.06%
|
$77.40
|
-71.90%
|
|
|
|
NYISO Zone G On Peak
|
Feb-26
|
$93.89
|
$88.41
|
6.20%
|
$5.48
|
$120.51
|
-22.09%
|
$85.51
|
9.80%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
1/15/26
|
1/14/26
|
% Change
|
Change
|
12/16/25
|
% Change
|
1/15/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Feb-26
|
$3.128
|
$3.120
|
0.26%
|
$0.01
|
$3.65
|
-14.32%
|
$4.48
|
-30.24%
|
|
|
|
Houston Ship Channel
|
Feb-26
|
-$0.404
|
-$0.331
|
22.10%
|
-$0.07
|
-$0.28
|
46.84%
|
-$0.04
|
961.42%
|
|
|
|
Chicago
|
Feb-26
|
$0.175
|
$0.236
|
34.92%
|
-$0.06
|
$0.41
|
-57.07%
|
$0.84
|
-79.21%
|
|
|
|
Waha
|
Feb-26
|
-$3.018
|
-$2.837
|
-6.37%
|
-$0.18
|
-$2.01
|
50.13%
|
-$0.76
|
299.63%
|
|
|
|
Algonquin
|
Feb-26
|
$8.985
|
$8.760
|
2.57%
|
$0.23
|
$9.99
|
-10.07%
|
$8.78
|
2.29%
|
|
|
|
Aeco
|
Feb-26
|
-$1.470
|
-$1.613
|
-8.89%
|
$0.14
|
-$1.52
|
-3.20%
|
-$2.19
|
-32.91%
|
|
|
|
Socal
|
Feb-26
|
-$0.937
|
-$0.883
|
6.21%
|
-$0.05
|
-$0.28
|
235.74%
|
$0.94
|
-199.62%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
1/15/26
|
1/14/26
|
% Change
|
Change
|
12/16/25
|
% Change
|
1/15/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Feb-26
|
$0.613
|
$0.641
|
-4.41%
|
-$0.03
|
$0.65
|
-5.77%
|
$0.79
|
-22.88%
|
|
|
|
Mt. Belvieu Propane non LST
|
Feb-26
|
$0.600
|
$0.620
|
-3.18%
|
-$0.02
|
$0.63
|
-4.73%
|
$0.80
|
-24.76%
|
|
|
|
Mt. Belview Ethane
|
Feb-26
|
$0.195
|
$0.212
|
-8.27%
|
-$0.02
|
$0.26
|
-24.32%
|
$0.29
|
-32.70%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Feb-26
|
$1.217
|
$1.257
|
-3.21%
|
-$0.04
|
$1.15
|
5.52%
|
$1.45
|
-15.97%
|
|
|
|
Mt. Belvieu Butane LST
|
Feb-26
|
$0.708
|
$0.709
|
-0.21%
|
$0.00
|
$0.79
|
-10.79%
|
$0.93
|
-23.69%
|
|
|
|
Far East Propane
|
Feb-26
|
$5.207
|
$5.252
|
-0.86%
|
-$0.05
|
$4.89
|
6.42%
|
$5.75
|
-9.38%
|
|
|
|
Saudi Propane
|
Feb-26
|
$5.274
|
$5.298
|
-0.44%
|
-$0.02
|
$4.95
|
6.49%
|
$5.50
|
-4.14%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
1/15/26
|
1/14/26
|
% Change
|
Change
|
12/16/25
|
% Change
|
1/15/25
|
% Change
|
|
|
|
WTI
|
Mar-26
|
$59.08
|
$61.88
|
-4.74%
|
-$2.80
|
$55.05
|
7.32%
|
$69.69
|
-15.22%
|
|
|
|
Brent
|
Mar-26
|
$63.76
|
$66.52
|
-4.33%
|
-$2.76
|
$58.67
|
8.68%
|
$73.60
|
-13.37%
|
|
|
|
WCS
|
Mar-26
|
-$13.32
|
-$14.83
|
-11.35%
|
$1.51
|
-$12.30
|
8.28%
|
-$16.80
|
-20.71%
|
|
|
|
LLS
|
Mar-26
|
$60.05
|
$60.07
|
-0.02%
|
-$0.01
|
$56.60
|
6.11%
|
$70.96
|
-15.38%
|
|
|
|
Mars
|
Mar-26
|
$57.22
|
$59.40
|
-3.80%
|
-$2.18
|
$53.89
|
6.18%
|
$68.46
|
-16.42%
|
|
|
|
Sour
|
Mar-26
|
$59.01
|
$61.48
|
-4.19%
|
-$2.47
|
$55.24
|
6.81%
|
$69.13
|
-14.65%
|
|
|
|
ESPO
|
Mar-26
|
$61.76
|
$64.52
|
-4.47%
|
-$2.76
|
$56.67
|
8.98%
|
$71.60
|
-13.74%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
1/15/26
|
1/14/26
|
% Change
|
Change
|
12/16/25
|
% Change
|
1/15/25
|
% Change
|
|
|
|
NY Heating Oil
|
Feb-26
|
$2.20
|
$2.20
|
0.18%
|
$0.00
|
$2.12
|
4.01%
|
$2.39
|
-7.74%
|
|
|
|
NY Gasoline
|
Feb-26
|
$1.78
|
$1.78
|
-0.17%
|
$0.00
|
$1.72
|
3.49%
|
$1.96
|
-8.95%
|
|
|
|
GC Gasoline
|
Feb-26
|
$1.64
|
$1.64
|
-0.18%
|
$0.00
|
$1.58
|
3.80%
|
$1.86
|
-11.59%
|
|
|
|
GC Jet
|
Feb-26
|
$2.03
|
$2.05
|
-1.02%
|
-$0.02
|
$1.90
|
6.84%
|
$2.22
|
-8.72%
|
|
|
|
Chicago Ethanol
|
Feb-26
|
$1.52
|
$1.53
|
-0.46%
|
-$0.01
|
$1.60
|
-4.57%
|
$1.65
|
-7.35%
|
|
|
|
Rotterdam Gasoil
|
Feb-26
|
$577.17
|
$588.71
|
-1.96%
|
-$11.54
|
$549.89
|
4.96%
|
$640.13
|
-9.83%
|
|
|
|
Singapore Jet Kero
|
Feb-26
|
$82.54
|
$82.76
|
-0.28%
|
-$0.23
|
$78.95
|
4.54%
|
$90.18
|
-8.48%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
1/15/26
|
1/14/26
|
% Change
|
Change
|
12/16/25
|
% Change
|
1/15/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
Mar-26
|
68.02%
|
75.46%
|
-9.86%
|
-7.44%
|
67.54%
|
0.71%
|
46.05%
|
47.71%
|
|
|
|
Algonquin Straddle
|
Mar-26
|
96.43%
|
98.85%
|
-2.45%
|
-2.42%
|
86.03%
|
12.09%
|
85.62%
|
12.63%
|
|
|
|
Waha Straddle
|
Mar-26
|
1343.90%
|
1387.47%
|
-3.14%
|
-43.57%
|
1100.03%
|
22.17%
|
107.48%
|
1150.37%
|
|
|
|
Chicago Straddle
|
Mar-26
|
71.61%
|
79.93%
|
-10.41%
|
-8.32%
|
72.99%
|
-1.89%
|
52.71%
|
35.86%
|
|
|
|
PJM West Straddle
|
Mar-26
|
49.84%
|
48.45%
|
2.87%
|
1.39%
|
52.19%
|
-4.50%
|
46.79%
|
6.52%
|
|
|
|
SP – 15 Straddle
|
Mar-26
|
197.42%
|
210.72%
|
-6.31%
|
-13.30%
|
212.13%
|
-6.93%
|
201.09%
|
-1.83%
|
|
|
|
Mid. C Straddle
|
Mar-26
|
64.31%
|
79.53%
|
-19.14%
|
-15.22%
|
19.30%
|
233.21%
|
69.71%
|
-7.75%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
1/15/26
|
1/14/26
|
% Change
|
Change
|
12/16/25
|
% Change
|
1/15/25
|
% Change
|
|
|
|
Dutch TTF
|
Mar-26
|
EUR 32.78
|
EUR 31.31
|
4.69%
|
EUR 1.47
|
EUR 26.47
|
23.83%
|
EUR 42.44
|
-22.78%
|
|
|
|
NBP
|
Mar-26
|
GBP 80.31
|
GBP 76.64
|
4.78%
|
GBP 3.67
|
GBP 66.39
|
20.96%
|
GBP 112.21
|
-28.43%
|
|
|
|
German Base
|
Mar-26
|
EUR 93.47
|
EUR 91.78
|
1.84%
|
EUR 1.69
|
EUR 82.64
|
13.10%
|
EUR 97.24
|
-3.87%
|
|
|
|
UK Base
|
Mar-26
|
GBP 82.95
|
GBP 81.40
|
1.90%
|
GBP 1.55
|
GBP 69.14
|
19.97%
|
GBP 90.69
|
-8.54%
|
|
|
|
French Base
|
Mar-26
|
EUR 72.20
|
EUR 66.08
|
9.26%
|
EUR 6.12
|
EUR 58.61
|
23.19%
|
EUR 82.27
|
-12.24%
|
|
|
|
Italian Base
|
Mar-26
|
EUR 115.06
|
EUR 109.13
|
5.43%
|
EUR 5.93
|
EUR 101.62
|
13.22%
|
EUR 115.00
|
0.05%
|
|
|
|
JKM LNG
|
Mar-26
|
$9.73
|
$9.80
|
-0.72%
|
-$0.07
|
$9.49
|
2.49%
|
$14.25
|
-31.73%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
1/15/26
|
1/14/26
|
% Change
|
Change
|
12/16/25
|
% Change
|
1/15/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
Mar-26
|
$32.78
|
$31.31
|
4.69%
|
$1.47
|
$26.47
|
23.83%
|
$42.44
|
-22.78%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
Mar-26
|
$80.31
|
$76.64
|
4.78%
|
$3.67
|
$66.39
|
20.96%
|
$112.21
|
-28.43%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
Mar-26
|
$93.47
|
$91.78
|
1.84%
|
$1.69
|
$82.64
|
13.10%
|
$97.24
|
-3.87%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Mar-26
|
$82.95
|
$81.40
|
1.90%
|
$1.55
|
$69.14
|
19.97%
|
$90.69
|
-8.54%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Mar-26
|
$72.20
|
$66.08
|
9.26%
|
$6.12
|
$58.61
|
23.19%
|
$82.27
|
-12.24%
|
|
|
|
Supramax Timecharter (DRY)
|
Mar-26
|
$115.06
|
$109.13
|
5.43%
|
$5.93
|
$101.62
|
13.22%
|
$115.00
|
0.05%
|
|
|
|
Capesize Timecharter (DRY)
|
Mar-26
|
$9.73
|
$9.80
|
-0.72%
|
-$0.07
|
$9.49
|
2.49%
|
$14.25
|
-31.73%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
01/10/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
|
Middle Atlantic
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
|
E N Central
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
|
W N Central
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
|
South Atlantic
|
9
|
1
|
9
|
10
|
-1
|
7
|
NA
|
NA
|
|
|
|
E S Central
|
0
|
-2
|
0
|
0
|
-3
|
0
|
NA
|
NA
|
|
|
|
W S Central
|
11
|
8
|
9
|
13
|
9
|
11
|
NA
|
NA
|
|
|
|
Mountain
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
|
Pacific
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
|
United States
|
3
|
1
|
3
|
3
|
0
|
3
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
01/10/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
253
|
-26
|
-40
|
2,866
|
7
|
262
|
0.00%
|
10.00%
|
|
|
|
Middle Atlantic
|
208
|
-51
|
-76
|
2,498
|
-61
|
246
|
-2.00%
|
11.00%
|
|
|
|
E N Central
|
196
|
-97
|
-126
|
2,713
|
-176
|
236
|
-6.00%
|
10.00%
|
|
|
|
W N Central
|
206
|
-110
|
-144
|
2,633
|
-512
|
-20
|
-16.00%
|
-1.00%
|
|
|
|
South Atlantic
|
86
|
-59
|
-105
|
1,200
|
-89
|
19
|
-7.00%
|
2.00%
|
|
|
|
E S Central
|
89
|
-98
|
-147
|
1,431
|
-245
|
16
|
-15.00%
|
1.00%
|
|
|
|
W S Central
|
53
|
-84
|
-121
|
735
|
-365
|
-70
|
-33.00%
|
-9.00%
|
|
|
|
Mountain
|
188
|
-32
|
-35
|
1,806
|
-655
|
-269
|
-27.00%
|
-13.00%
|
|
|
|
Pacific
|
128
|
-4
|
20
|
1,107
|
-335
|
-138
|
-23.00%
|
-11.00%
|
|
|
|
United States
|
147
|
-61
|
-84
|
1,797
|
-238
|
43
|
-12.00%
|
2.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|

|

|
|
|

|

|
|
|

|

|
|
|

|

|
|
|

|

|
|
|

|

|
|
|
|