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Prices as of 7:48 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
|
$3.471
|
$3.415
|
1.64%
|
$0.056
|
21,950
|
|
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WTI
|
$66.21
|
$65.45
|
1.16%
|
$0.76
|
50,141
|
|
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Brent
|
$67.84
|
$67.66
|
0.27%
|
$0.18
|
11,575
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ULSD
|
$2.353
|
$2.327
|
1.13%
|
$0.026
|
10,878
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RBOB
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$2.112
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$2.100
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0.53%
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$0.011
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5,180
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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
|
$2.99
|
$2.96
|
1.01%
|
$0.03
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Sep-25
|
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3:2:1 Crack
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$25.74
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$25.80
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-0.22%
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-$0.06
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Aug-25
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PJM West Spark
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$60.48
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$55.93
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8.14%
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$4.55
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Aug-25
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Baker Hughes Rig Count
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Date
|
Count
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Change
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1 Year Chg.
|
1 Year Date
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|
U.S.
|
06/27/25
|
547
|
-7
|
-34
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06/28/24
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Canada
|
06/27/25
|
140
|
1
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-36
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06/28/24
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International
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May
|
886
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-5
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-67
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May
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CFTC Net Positions
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As of 6/24/2025
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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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102,947
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102,647
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102,144
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503
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PJM West Off Peak
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91,048
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90,918
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90,345
|
573
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Natural Gas Henry Hub
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364,271
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347,530
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352,021
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-4,491
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WTI – Light Sweet Crude Futures
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172,759
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144,248
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131,238
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13,010
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Brent Crude Last Day
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217,471
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208,169
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209,697
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-1,528
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NYM Ethanol
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30,244
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29,622
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29,827
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-205
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Mt Belvieu LDH Propane Swap
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159,002
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158,311
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158,546
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-235
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RBOB
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356,627
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333,127
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341,787
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-8,660
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HSC Basis
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830,992
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825,339
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824,817
|
522
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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
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$12.90
|
$13.20
|
$13.40
|
$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
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$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%
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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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|
06/26/20
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6/20/25
|
6/13/25
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Net Change
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% Change
|
6/21/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
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East
|
589
|
563
|
26
|
4.62%
|
646
|
-8.82%
|
576
|
2.19%
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Midwest
|
665
|
638
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27
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4.23%
|
753
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-11.69%
|
667
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-0.33%
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Mountain
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223
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216
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7
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3.24%
|
237
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-5.91%
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176
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26.42%
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Pacific
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281
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274
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7
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2.55%
|
283
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-0.71%
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254
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10.63%
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South
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1,140
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1,111
|
29
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2.61%
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1,179
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-3.31%
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1,084
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5.17%
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Salt
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352
|
350
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2
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0.57%
|
334
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5.39%
|
314
|
12.10%
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Non_Salt
|
788
|
761
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27
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3.55%
|
845
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-6.75%
|
770
|
2.34%
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Total
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2,898
|
2,802
|
96
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3.43%
|
3,097
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-6.43%
|
2,758
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5.09%
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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
|
7/1/25
|
6/30/25
|
% Change
|
Change
|
6/2/25
|
% Change
|
7/1/24
|
% Change
|
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PJM West On Peak
|
Aug-25
|
$67.87
|
$63.23
|
7.33%
|
$4.64
|
$66.69
|
1.76%
|
$65.50
|
3.61%
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ERCOT North On Peak
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Aug-25
|
$118.41
|
$115.42
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2.59%
|
$2.98
|
$139.15
|
-14.91%
|
$133.26
|
-11.15%
|
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CAISO SP 15 On Peak
|
Aug-25
|
$61.77
|
$58.40
|
5.78%
|
$3.38
|
$69.68
|
-11.34%
|
$95.31
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-35.19%
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MISO Indiana On Peak
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Aug-25
|
$62.89
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$57.93
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8.56%
|
$4.96
|
$60.06
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4.70%
|
$63.43
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-0.85%
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NEISO Mass On Peak
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Aug-25
|
$58.40
|
$54.58
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6.99%
|
$3.81
|
$59.35
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-1.60%
|
$63.77
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-8.43%
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WECC Mid C On Peak
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Aug-25
|
$96.40
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$85.50
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12.75%
|
$10.90
|
$100.24
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-3.83%
|
$155.39
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-37.96%
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NYISO Zone G On Peak
|
Aug-25
|
$60.66
|
$54.25
|
11.82%
|
$6.41
|
$57.22
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6.01%
|
$56.59
|
7.20%
|
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Natural Gas & Basis
|
|
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OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/1/25
|
6/30/25
|
% Change
|
Change
|
6/2/25
|
% Change
|
7/1/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Aug-25
|
$3.415
|
$3.456
|
-1.19%
|
-$0.04
|
$3.77
|
-9.37%
|
$3.44
|
-0.76%
|
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Houston Ship Channel
|
Aug-25
|
-$0.372
|
-$0.356
|
4.55%
|
-$0.02
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-$0.38
|
-2.69%
|
-$0.31
|
21.82%
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Chicago
|
Aug-25
|
-$0.419
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-$0.439
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4.87%
|
$0.02
|
-$0.50
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-15.74%
|
-$0.38
|
10.24%
|
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Waha
|
Aug-25
|
-$1.544
|
-$1.526
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-1.19%
|
-$0.02
|
-$1.76
|
-12.18%
|
-$0.67
|
129.96%
|
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Algonquin
|
Aug-25
|
-$0.465
|
-$0.605
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23.25%
|
$0.14
|
-$0.68
|
-31.77%
|
-$0.13
|
271.46%
|
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Aeco
|
Aug-25
|
-$2.584
|
-$2.632
|
-1.84%
|
$0.05
|
-$2.39
|
8.10%
|
-$1.46
|
77.06%
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Socal
|
Aug-25
|
$0.150
|
-$0.008
|
-2005.06%
|
$0.16
|
$0.24
|
-38.17%
|
$1.40
|
-89.22%
|
|
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Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
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|
Contract
|
7/1/25
|
6/30/25
|
% Change
|
Change
|
6/2/25
|
% Change
|
7/1/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Aug-25
|
$0.725
|
$0.735
|
-1.37%
|
-$0.01
|
$0.75
|
-3.04%
|
$0.76
|
-4.54%
|
|
|
Mt. Belvieu Propane non LST
|
Aug-25
|
$0.720
|
$0.732
|
-1.72%
|
-$0.01
|
$0.75
|
-3.72%
|
$0.76
|
-5.36%
|
|
|
Mt. Belview Ethane
|
Aug-25
|
$0.216
|
$0.223
|
-3.26%
|
-$0.01
|
$0.24
|
-11.12%
|
$0.25
|
-14.36%
|
|
|
Mt. Belview Nat. Gasoline
|
Aug-25
|
$1.275
|
$1.264
|
0.89%
|
$0.01
|
$1.26
|
1.20%
|
$1.52
|
-16.29%
|
|
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Mt. Belvieu Butane LST
|
Aug-25
|
$0.775
|
$0.793
|
-2.27%
|
-$0.02
|
$0.83
|
-6.35%
|
$0.86
|
-10.11%
|
|
|
Far East Propane
|
Aug-25
|
$5.340
|
$5.332
|
0.14%
|
$0.01
|
$5.28
|
1.12%
|
$5.67
|
-5.82%
|
|
|
Saudi Propane
|
Aug-25
|
$5.585
|
$5.600
|
-0.27%
|
-$0.02
|
$5.57
|
0.27%
|
$5.21
|
7.13%
|
|
|
|
|
|
|
|
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|
|
|
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|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/1/25
|
6/30/25
|
% Change
|
Change
|
6/2/25
|
% Change
|
7/1/24
|
% Change
|
|
|
WTI
|
Aug-25
|
$65.45
|
$65.11
|
0.52%
|
$0.34
|
$61.54
|
6.35%
|
$75.53
|
-13.35%
|
|
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Brent
|
Aug-25
|
$67.52
|
$67.14
|
0.55%
|
$0.37
|
$64.63
|
4.47%
|
$80.53
|
-16.16%
|
|
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WCS
|
Aug-25
|
-$9.95
|
-$9.69
|
2.61%
|
-$0.26
|
-$9.70
|
2.58%
|
-$12.95
|
-23.17%
|
|
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LLS
|
Aug-25
|
$66.34
|
$65.38
|
1.45%
|
$0.96
|
$62.03
|
6.94%
|
$76.77
|
-13.58%
|
|
|
Mars
|
Aug-25
|
$64.57
|
$65.44
|
-1.34%
|
-$0.87
|
$61.22
|
5.48%
|
$74.12
|
-12.88%
|
|
|
Sour
|
Aug-25
|
$65.49
|
$66.21
|
-1.10%
|
-$0.72
|
$61.87
|
5.86%
|
$74.42
|
-12.00%
|
|
|
ESPO
|
Aug-25
|
$65.52
|
$65.14
|
0.57%
|
$0.37
|
$62.63
|
4.61%
|
$78.53
|
-16.57%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/1/25
|
6/30/25
|
% Change
|
Change
|
6/2/25
|
% Change
|
7/1/24
|
% Change
|
|
|
NY Heating Oil
|
Aug-25
|
$2.24
|
$2.28
|
-1.54%
|
-$0.04
|
$2.05
|
9.47%
|
$2.50
|
-10.35%
|
|
|
NY Gasoline
|
Aug-25
|
$2.04
|
$2.08
|
-1.83%
|
-$0.04
|
$2.04
|
0.29%
|
$2.34
|
-12.74%
|
|
|
GC Gasoline
|
Aug-25
|
$1.90
|
$1.94
|
-1.96%
|
-$0.04
|
$1.94
|
-1.76%
|
$2.24
|
-15.09%
|
|
|
GC Jet
|
Aug-25
|
$2.09
|
$2.06
|
1.60%
|
$0.03
|
$1.82
|
14.90%
|
$2.42
|
-13.81%
|
|
|
Chicago Ethanol
|
Aug-25
|
$1.71
|
$1.68
|
1.37%
|
$0.02
|
$1.74
|
-1.79%
|
$1.65
|
3.46%
|
|
|
Rotterdam Gasoil
|
Aug-25
|
$631.97
|
$622.99
|
1.44%
|
$8.97
|
$612.99
|
3.10%
|
$708.88
|
-10.85%
|
|
|
Singapore Jet Kero
|
Aug-25
|
$84.40
|
$83.67
|
0.87%
|
$0.73
|
$78.28
|
7.81%
|
$97.53
|
-13.47%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/1/25
|
6/30/25
|
% Change
|
Change
|
6/2/25
|
% Change
|
7/1/24
|
% Change
|
|
|
Henry Hub Straddle
|
Aug-25
|
60.49%
|
65.61%
|
-7.80%
|
-5.12%
|
56.67%
|
6.74%
|
40.15%
|
50.66%
|
|
|
Algonquin Straddle
|
Aug-25
|
74.87%
|
67.60%
|
10.75%
|
7.27%
|
50.40%
|
48.55%
|
44.47%
|
68.36%
|
|
|
Waha Straddle
|
Aug-25
|
85.67%
|
94.62%
|
-9.46%
|
-8.95%
|
85.03%
|
0.75%
|
57.50%
|
48.99%
|
|
|
Chicago Straddle
|
Aug-25
|
63.05%
|
67.24%
|
-6.23%
|
-4.19%
|
61.92%
|
1.82%
|
43.09%
|
46.32%
|
|
|
PJM West Straddle
|
Aug-25
|
74.77%
|
68.06%
|
9.86%
|
6.71%
|
78.74%
|
-5.04%
|
57.92%
|
29.09%
|
|
|
SP – 15 Straddle
|
Aug-25
|
224.67%
|
211.92%
|
6.02%
|
12.75%
|
299.48%
|
-24.98%
|
79.33%
|
183.21%
|
|
|
Mid. C Straddle
|
Aug-25
|
184.42%
|
162.78%
|
13.29%
|
21.64%
|
120.87%
|
52.58%
|
94.70%
|
94.74%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/1/25
|
6/30/25
|
% Change
|
Change
|
6/2/25
|
% Change
|
7/1/24
|
% Change
|
|
|
Dutch TTF
|
Aug-25
|
EUR 33.40
|
EUR 33.29
|
0.31%
|
EUR 0.10
|
EUR 35.20
|
-5.13%
|
EUR 36.44
|
-8.34%
|
|
|
NBP
|
Aug-25
|
GBP 79.89
|
GBP 77.65
|
2.89%
|
GBP 2.24
|
GBP 82.94
|
-3.68%
|
GBP 89.61
|
-10.85%
|
|
|
German Base
|
Aug-25
|
EUR 80.77
|
EUR 76.96
|
4.95%
|
EUR 3.81
|
EUR 80.00
|
0.97%
|
EUR 85.31
|
-5.32%
|
|
|
UK Base
|
Aug-25
|
GBP 71.90
|
GBP 69.38
|
3.64%
|
GBP 2.53
|
GBP 74.32
|
-3.26%
|
GBP 71.39
|
0.72%
|
|
|
French Base
|
Aug-25
|
EUR 42.27
|
EUR 41.78
|
1.18%
|
EUR 0.49
|
EUR 41.32
|
2.30%
|
EUR 57.00
|
-25.84%
|
|
|
Italian Base
|
Aug-25
|
EUR 114.22
|
EUR 112.93
|
1.14%
|
EUR 1.29
|
EUR 115.97
|
-1.52%
|
EUR 100.56
|
13.58%
|
|
|
JKM LNG
|
Aug-25
|
$12.34
|
$12.64
|
-2.36%
|
-$0.30
|
$12.15
|
1.59%
|
$12.48
|
-1.07%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/1/25
|
6/30/25
|
% Change
|
Change
|
6/2/25
|
% Change
|
7/1/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Aug-25
|
$33.40
|
$33.29
|
0.31%
|
$0.10
|
$35.20
|
-5.13%
|
$36.44
|
-8.34%
|
|
|
USGC-UK Continent Dirty (WET)
|
Aug-25
|
$79.89
|
$77.65
|
2.89%
|
$2.24
|
$82.94
|
-3.68%
|
$89.61
|
-10.85%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Aug-25
|
$80.77
|
$76.96
|
4.95%
|
$3.81
|
$80.00
|
0.97%
|
$85.31
|
-5.32%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Aug-25
|
$71.90
|
$69.38
|
3.64%
|
$2.53
|
$74.32
|
-3.26%
|
$71.39
|
0.72%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Aug-25
|
$42.27
|
$41.78
|
1.18%
|
$0.49
|
$41.32
|
2.30%
|
$57.00
|
-25.84%
|
|
|
Supramax Timecharter (DRY)
|
Aug-25
|
$114.22
|
$112.93
|
1.14%
|
$1.29
|
$115.97
|
-1.52%
|
$100.56
|
13.58%
|
|
|
Capesize Timecharter (DRY)
|
Aug-25
|
$12.34
|
$12.64
|
-2.36%
|
-$0.30
|
$12.15
|
1.59%
|
$12.48
|
-1.07%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|

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