|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 8:31 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.386
|
$3.456
|
-2.03%
|
-$0.070
|
48,870
|
|
|
WTI
|
$65.71
|
$65.11
|
0.92%
|
$0.60
|
61,031
|
|
|
Brent
|
$67.20
|
$67.61
|
-0.61%
|
-$0.41
|
10,401
|
|
|
ULSD
|
$2.299
|
$2.346
|
-1.99%
|
-$0.047
|
12,183
|
|
|
RBOB
|
$2.076
|
$2.080
|
-0.20%
|
-$0.004
|
7,241
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
WTI-Brent
|
$2.90
|
$2.89
|
0.35%
|
$0.01
|
Sep-25
|
|
|
3:2:1 Crack
|
$24.93
|
$24.86
|
0.29%
|
$0.07
|
Aug-25
|
|
|
PJM West Spark
|
NA
|
NA
|
NA
|
NA
|
Jul-25
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
U.S.
|
06/27/25
|
547
|
-7
|
-34
|
06/28/24
|
|
|
Canada
|
06/27/25
|
140
|
1
|
-36
|
06/28/24
|
|
|
International
|
May
|
886
|
-5
|
-67
|
May
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 6/24/2025
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
PJM West On Peak
|
102,947
|
102,647
|
102,144
|
503
|
|
|
PJM West Off Peak
|
91,048
|
90,918
|
90,345
|
573
|
|
|
Natural Gas Henry Hub
|
364,271
|
347,530
|
352,021
|
-4,491
|
|
|
WTI – Light Sweet Crude Futures
|
172,759
|
144,248
|
131,238
|
13,010
|
|
|
Brent Crude Last Day
|
217,471
|
208,169
|
209,697
|
-1,528
|
|
|
NYM Ethanol
|
30,244
|
29,622
|
29,827
|
-205
|
|
|
Mt Belvieu LDH Propane Swap
|
159,002
|
158,311
|
158,546
|
-235
|
|
|
RBOB
|
356,627
|
333,127
|
341,787
|
-8,660
|
|
|
HSC Basis
|
830,992
|
825,339
|
824,817
|
522
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
06/26/20
|
|
|
|
|
6/20/25
|
6/13/25
|
Net Change
|
% Change
|
6/21/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
589
|
563
|
26
|
4.62%
|
646
|
-8.82%
|
576
|
2.19%
|
|
|
Midwest
|
665
|
638
|
27
|
4.23%
|
753
|
-11.69%
|
667
|
-0.33%
|
|
|
Mountain
|
223
|
216
|
7
|
3.24%
|
237
|
-5.91%
|
176
|
26.42%
|
|
|
Pacific
|
281
|
274
|
7
|
2.55%
|
283
|
-0.71%
|
254
|
10.63%
|
|
|
South
|
1,140
|
1,111
|
29
|
2.61%
|
1,179
|
-3.31%
|
1,084
|
5.17%
|
|
|
Salt
|
352
|
350
|
2
|
0.57%
|
334
|
5.39%
|
314
|
12.10%
|
|
|
Non_Salt
|
788
|
761
|
27
|
3.55%
|
845
|
-6.75%
|
770
|
2.34%
|
|
|
Total
|
2,898
|
2,802
|
96
|
3.43%
|
3,097
|
-6.43%
|
2,758
|
5.09%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/30/25
|
6/27/25
|
% Change
|
Change
|
5/30/25
|
% Change
|
6/28/24
|
% Change
|
|
|
PJM West On Peak
|
Jul-25
|
$87.71
|
$78.51
|
11.72%
|
$9.20
|
$75.43
|
16.28%
|
$72.60
|
20.82%
|
|
|
ERCOT North On Peak
|
Jul-25
|
$94.71
|
$96.68
|
-2.05%
|
-$1.98
|
$82.14
|
15.30%
|
$104.74
|
-9.58%
|
|
|
CAISO SP 15 On Peak
|
Jul-25
|
$50.48
|
$53.15
|
-5.03%
|
-$2.67
|
$54.76
|
-7.82%
|
$71.79
|
-29.69%
|
|
|
MISO Indiana On Peak
|
Jul-25
|
$80.43
|
$72.41
|
11.07%
|
$8.02
|
$68.34
|
17.70%
|
$70.87
|
13.49%
|
|
|
NEISO Mass On Peak
|
Jul-25
|
$76.27
|
$69.53
|
9.69%
|
$6.74
|
$67.38
|
13.19%
|
$79.24
|
-3.74%
|
|
|
WECC Mid C On Peak
|
Jul-25
|
$81.80
|
$90.05
|
-9.16%
|
-$8.25
|
$79.00
|
3.55%
|
$110.88
|
-26.23%
|
|
|
NYISO Zone G On Peak
|
Jul-25
|
$75.22
|
$62.28
|
20.78%
|
$12.94
|
$65.15
|
15.45%
|
$76.31
|
-1.43%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/30/25
|
6/27/25
|
% Change
|
Change
|
5/30/25
|
% Change
|
6/28/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Aug-25
|
$3.456
|
$3.739
|
-7.57%
|
-$0.28
|
$3.52
|
-1.90%
|
$3.45
|
0.03%
|
|
|
Houston Ship Channel
|
Aug-25
|
-$0.356
|
-$0.423
|
-15.77%
|
$0.07
|
-$0.35
|
2.74%
|
-$0.33
|
8.80%
|
|
|
Chicago
|
Aug-25
|
-$0.439
|
-$0.512
|
16.72%
|
$0.07
|
-$0.47
|
-6.89%
|
-$0.38
|
14.17%
|
|
|
Waha
|
Aug-25
|
-$1.526
|
-$1.788
|
-14.64%
|
$0.26
|
-$1.67
|
-8.79%
|
-$0.72
|
111.33%
|
|
|
Algonquin
|
Aug-25
|
-$0.605
|
-$0.723
|
16.27%
|
$0.12
|
-$0.47
|
29.10%
|
-$0.14
|
327.31%
|
|
|
Aeco
|
Aug-25
|
-$2.632
|
-$2.646
|
-0.53%
|
$0.01
|
-$2.26
|
16.63%
|
-$1.49
|
76.34%
|
|
|
Socal
|
Aug-25
|
-$0.008
|
-$0.030
|
-73.49%
|
$0.02
|
$0.22
|
-103.67%
|
$1.42
|
-100.56%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/30/25
|
6/27/25
|
% Change
|
Change
|
5/30/25
|
% Change
|
6/28/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Jul-25
|
$0.736
|
$0.740
|
-0.51%
|
$0.00
|
$0.74
|
-0.82%
|
$0.74
|
-1.05%
|
|
|
Mt. Belvieu Propane non LST
|
Jul-25
|
$0.730
|
$0.730
|
0.01%
|
$0.00
|
$0.74
|
-1.17%
|
$0.76
|
-3.51%
|
|
|
Mt. Belview Ethane
|
Jul-25
|
$0.220
|
$0.234
|
-5.62%
|
-$0.01
|
$0.23
|
-2.73%
|
$0.25
|
-10.04%
|
|
|
Mt. Belview Nat. Gasoline
|
Jul-25
|
$1.260
|
$1.269
|
-0.69%
|
-$0.01
|
$1.22
|
3.05%
|
$1.50
|
-16.11%
|
|
|
Mt. Belvieu Butane LST
|
Jul-25
|
$0.780
|
$0.790
|
-1.23%
|
-$0.01
|
$0.82
|
-4.95%
|
$0.85
|
-8.70%
|
|
|
Far East Propane
|
Jul-25
|
$5.319
|
$5.330
|
-0.19%
|
-$0.01
|
$5.27
|
0.94%
|
$5.61
|
-5.16%
|
|
|
Saudi Propane
|
Jul-25
|
$5.848
|
$5.939
|
-1.53%
|
-$0.09
|
$5.70
|
2.61%
|
$5.26
|
11.10%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/30/25
|
6/27/25
|
% Change
|
Change
|
5/30/25
|
% Change
|
6/28/24
|
% Change
|
|
|
WTI
|
Aug-25
|
$65.11
|
$65.52
|
-0.63%
|
-$0.41
|
$59.79
|
8.90%
|
$74.38
|
-12.46%
|
|
|
Brent
|
Aug-25
|
$67.14
|
$67.77
|
-0.93%
|
-$0.63
|
$62.78
|
6.95%
|
$79.37
|
-15.40%
|
|
|
WCS
|
Aug-25
|
-$9.69
|
-$10.31
|
-6.37%
|
$0.62
|
-$9.80
|
-1.12%
|
-$13.00
|
-25.46%
|
|
|
LLS
|
Aug-25
|
$65.38
|
$66.02
|
-0.99%
|
-$0.65
|
$61.04
|
7.11%
|
$76.90
|
-14.98%
|
|
|
Mars
|
Aug-25
|
$65.44
|
$64.93
|
0.77%
|
$0.50
|
$59.41
|
10.14%
|
$74.35
|
-11.99%
|
|
|
Sour
|
Aug-25
|
$66.21
|
$65.67
|
0.82%
|
$0.54
|
$59.84
|
10.64%
|
$74.66
|
-11.32%
|
|
|
ESPO
|
Aug-25
|
$65.14
|
$65.77
|
-0.96%
|
-$0.63
|
$60.78
|
7.18%
|
$77.37
|
-15.80%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/30/25
|
6/27/25
|
% Change
|
Change
|
5/30/25
|
% Change
|
6/28/24
|
% Change
|
|
|
NY Heating Oil
|
Jul-25
|
$2.35
|
$2.33
|
0.73%
|
$0.02
|
$2.01
|
17.01%
|
$2.49
|
-5.71%
|
|
|
NY Gasoline
|
Jul-25
|
$2.10
|
$2.10
|
0.14%
|
$0.00
|
$2.03
|
3.65%
|
$2.34
|
-10.14%
|
|
|
GC Gasoline
|
Jul-25
|
$1.96
|
$1.96
|
0.15%
|
$0.00
|
$1.93
|
1.77%
|
$2.24
|
-12.38%
|
|
|
GC Jet
|
Jul-25
|
$2.06
|
$2.05
|
0.29%
|
$0.01
|
$1.84
|
12.02%
|
$2.33
|
-11.44%
|
|
|
Chicago Ethanol
|
Jul-25
|
$1.68
|
$1.67
|
0.42%
|
$0.01
|
$1.75
|
-4.16%
|
$1.63
|
3.13%
|
|
|
Rotterdam Gasoil
|
Jul-25
|
$629.57
|
$625.09
|
0.72%
|
$4.48
|
$605.09
|
4.05%
|
$711.33
|
-11.49%
|
|
|
Singapore Jet Kero
|
Jul-25
|
$84.20
|
$86.83
|
-3.02%
|
-$2.63
|
$75.98
|
10.82%
|
$98.61
|
-14.61%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/30/25
|
6/27/25
|
% Change
|
Change
|
5/30/25
|
% Change
|
6/28/24
|
% Change
|
|
|
Henry Hub Straddle
|
Aug-25
|
65.61%
|
54.50%
|
20.39%
|
11.11%
|
63.73%
|
2.95%
|
33.93%
|
93.37%
|
|
|
Algonquin Straddle
|
Aug-25
|
67.60%
|
61.60%
|
9.74%
|
6.00%
|
64.20%
|
5.30%
|
36.43%
|
85.56%
|
|
|
Waha Straddle
|
Aug-25
|
94.62%
|
86.72%
|
9.11%
|
7.90%
|
123.47%
|
-23.37%
|
51.84%
|
82.52%
|
|
|
Chicago Straddle
|
Aug-25
|
67.24%
|
60.07%
|
11.94%
|
7.17%
|
64.18%
|
4.77%
|
36.41%
|
84.67%
|
|
|
PJM West Straddle
|
Aug-25
|
68.06%
|
80.75%
|
-15.72%
|
-12.69%
|
70.12%
|
-2.94%
|
57.76%
|
17.83%
|
|
|
SP – 15 Straddle
|
Aug-25
|
211.92%
|
198.26%
|
6.89%
|
13.66%
|
300.67%
|
-29.52%
|
84.98%
|
149.38%
|
|
|
Mid. C Straddle
|
Aug-25
|
162.78%
|
148.77%
|
9.42%
|
14.01%
|
118.72%
|
37.11%
|
91.38%
|
78.14%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/30/25
|
6/27/25
|
% Change
|
Change
|
5/30/25
|
% Change
|
6/28/24
|
% Change
|
|
|
Dutch TTF
|
Aug-25
|
EUR 33.29
|
EUR 33.76
|
-1.40%
|
-EUR 0.47
|
EUR 34.08
|
-2.31%
|
EUR 36.64
|
-9.14%
|
|
|
NBP
|
Aug-25
|
GBP 77.65
|
GBP 78.10
|
-0.57%
|
-GBP 0.45
|
GBP 79.91
|
-2.83%
|
GBP 90.33
|
-14.04%
|
|
|
German Base
|
Aug-25
|
EUR 76.96
|
EUR 78.51
|
-1.97%
|
-EUR 1.55
|
EUR 77.97
|
-1.29%
|
EUR 85.23
|
-9.70%
|
|
|
UK Base
|
Aug-25
|
GBP 69.38
|
GBP 68.78
|
0.87%
|
GBP 0.60
|
GBP 71.62
|
-3.13%
|
GBP 75.38
|
-7.96%
|
|
|
French Base
|
Aug-25
|
EUR 41.78
|
EUR 45.34
|
-7.86%
|
-EUR 3.56
|
EUR 42.08
|
-0.73%
|
EUR 54.81
|
-23.77%
|
|
|
Italian Base
|
Aug-25
|
EUR 112.93
|
EUR 114.43
|
-1.31%
|
-EUR 1.50
|
EUR 113.44
|
-0.45%
|
EUR 106.83
|
5.71%
|
|
|
JKM LNG
|
Aug-25
|
$12.86
|
$12.87
|
-0.04%
|
-$0.01
|
$11.86
|
8.50%
|
$12.40
|
3.78%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/30/25
|
6/27/25
|
% Change
|
Change
|
5/30/25
|
% Change
|
6/28/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Aug-25
|
$33.29
|
$33.76
|
-1.40%
|
-$0.47
|
$34.08
|
-2.31%
|
$36.64
|
-9.14%
|
|
|
USGC-UK Continent Dirty (WET)
|
Aug-25
|
$77.65
|
$78.10
|
-0.57%
|
-$0.45
|
$79.91
|
-2.83%
|
$90.33
|
-14.04%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Aug-25
|
$76.96
|
$78.51
|
-1.97%
|
-$1.55
|
$77.97
|
-1.29%
|
$85.23
|
-9.70%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Aug-25
|
$69.38
|
$68.78
|
0.87%
|
$0.60
|
$71.62
|
-3.13%
|
$75.38
|
-7.96%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Aug-25
|
$41.78
|
$45.34
|
-7.86%
|
-$3.56
|
$42.08
|
-0.73%
|
$54.81
|
-23.77%
|
|
|
Supramax Timecharter (DRY)
|
Aug-25
|
$112.93
|
$114.43
|
-1.31%
|
-$1.50
|
$113.44
|
-0.45%
|
$106.83
|
5.71%
|
|
|
Capesize Timecharter (DRY)
|
Aug-25
|
$12.86
|
$12.87
|
-0.04%
|
-$0.01
|
$11.86
|
8.50%
|
$12.40
|
3.78%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/28/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
63
|
40
|
9
|
118
|
57
|
-19
|
NA
|
NA
|
|
|
Middle Atlantic
|
87
|
49
|
7
|
182
|
54
|
-53
|
42.00%
|
-22.00%
|
|
|
E N Central
|
103
|
60
|
39
|
211
|
26
|
-26
|
14.00%
|
-11.00%
|
|
|
W N Central
|
83
|
27
|
6
|
253
|
5
|
-24
|
2.00%
|
-9.00%
|
|
|
South Atlantic
|
114
|
29
|
1
|
791
|
138
|
16
|
21.00%
|
2.00%
|
|
|
E S Central
|
112
|
31
|
5
|
580
|
116
|
-8
|
25.00%
|
-1.00%
|
|
|
W S Central
|
120
|
8
|
-13
|
1,003
|
179
|
-18
|
22.00%
|
-2.00%
|
|
|
Mountain
|
54
|
-11
|
-33
|
367
|
13
|
11
|
4.00%
|
3.00%
|
|
|
Pacific
|
19
|
-11
|
-34
|
116
|
-31
|
8
|
-21.00%
|
7.00%
|
|
|
United States
|
85
|
25
|
0
|
419
|
62
|
-12
|
17.00%
|
-3.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/28/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
4
|
-2
|
3
|
6,197
|
-413
|
484
|
-6.00%
|
8.00%
|
|
|
Middle Atlantic
|
1
|
-1
|
1
|
5,355
|
-556
|
412
|
-9.00%
|
8.00%
|
|
|
E N Central
|
0
|
-4
|
-1
|
5,937
|
-560
|
610
|
-9.00%
|
11.00%
|
|
|
W N Central
|
2
|
-3
|
0
|
6,153
|
-596
|
491
|
-9.00%
|
9.00%
|
|
|
South Atlantic
|
0
|
0
|
0
|
2,594
|
-259
|
136
|
-9.00%
|
6.00%
|
|
|
E S Central
|
0
|
0
|
0
|
3,182
|
-422
|
99
|
-12.00%
|
3.00%
|
|
|
W S Central
|
0
|
0
|
0
|
1,943
|
-344
|
-100
|
-15.00%
|
-5.00%
|
|
|
Mountain
|
9
|
-3
|
8
|
4,748
|
-458
|
-118
|
-9.00%
|
-2.00%
|
|
|
Pacific
|
7
|
-5
|
2
|
3,080
|
-145
|
-18
|
-4.00%
|
-1.00%
|
|
|
United States
|
2
|
-2
|
1
|
4,127
|
-396
|
225
|
-9.00%
|
6.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|

|

|
|

|

|
|

|

|
|

|

|
|

|

|
|

|

|
|
|
|