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Prices as of 7:50 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.514
|
$3.488
|
0.75%
|
$0.026
|
20,607
|
|
|
WTI
|
$67.35
|
$67.45
|
-0.15%
|
-$0.10
|
59,261
|
|
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Brent
|
$68.87
|
$69.11
|
-0.35%
|
-$0.24
|
16,388
|
|
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ULSD
|
$2.406
|
$2.412
|
-0.24%
|
-$0.006
|
10,056
|
|
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RBOB
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$2.118
|
$2.123
|
-0.23%
|
-$0.005
|
3,520
|
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Spreads
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Current
|
Previous
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% Change
|
Change
|
Contract
|
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WTI-Brent
|
$3.09
|
$3.10
|
-0.32%
|
-$0.01
|
Sep-25
|
|
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3:2:1 Crack
|
$25.65
|
$25.62
|
0.13%
|
$0.03
|
Aug-25
|
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PJM West Spark
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$65.48
|
$60.40
|
8.40%
|
$5.07
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Aug-25
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Baker Hughes Rig Count
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Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
U.S.
|
06/27/25
|
547
|
-7
|
-34
|
06/28/24
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Canada
|
06/27/25
|
140
|
1
|
-36
|
06/28/24
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International
|
June
|
913
|
27
|
-44
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June
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CFTC Net Positions
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As of 6/24/2025
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Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
PJM West On Peak
|
102,947
|
102,647
|
102,144
|
503
|
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PJM West Off Peak
|
91,048
|
90,918
|
90,345
|
573
|
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Natural Gas Henry Hub
|
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
|
172,759
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144,248
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131,238
|
13,010
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Brent Crude Last Day
|
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
|
30,244
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29,622
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29,827
|
-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
|
356,627
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333,127
|
341,787
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-8,660
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HSC Basis
|
830,992
|
825,339
|
824,817
|
522
|
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EIA Short Term Energy Outlook
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|
2023
|
2024
|
2025 Projected
|
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
|
$2.20
|
$4.10
|
$4.80
|
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LNG Exports
|
12.00
|
12.00
|
15.00
|
16.00
|
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Electrical Generation %
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2023
|
2024
|
2025 Projected
|
2026 Projected
|
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Natural gas
|
42.00%
|
42.00%
|
40.00%
|
40.00%
|
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Coal
|
17.00%
|
16.00%
|
16.00%
|
15.00%
|
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Renewables
|
22.00%
|
23.00%
|
25.00%
|
27.00%
|
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Nuclear
|
19.00%
|
19.00%
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19.00%
|
19.00%
|
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Short Term Energy Outlook
|

|

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|

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|

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EIA Lower 48 Natural Gas Storage
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|
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|
06/26/20
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|
|
|
|
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%
|
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Midwest
|
665
|
638
|
27
|
4.23%
|
753
|
-11.69%
|
667
|
-0.33%
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Mountain
|
223
|
216
|
7
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3.24%
|
237
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-5.91%
|
176
|
26.42%
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Pacific
|
281
|
274
|
7
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2.55%
|
283
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-0.71%
|
254
|
10.63%
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South
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1,140
|
1,111
|
29
|
2.61%
|
1,179
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-3.31%
|
1,084
|
5.17%
|
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Salt
|
352
|
350
|
2
|
0.57%
|
334
|
5.39%
|
314
|
12.10%
|
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Non_Salt
|
788
|
761
|
27
|
3.55%
|
845
|
-6.75%
|
770
|
2.34%
|
|
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Total
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2,898
|
2,802
|
96
|
3.43%
|
3,097
|
-6.43%
|
2,758
|
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
|
7/2/25
|
7/1/25
|
% Change
|
Change
|
6/3/25
|
% Change
|
7/2/24
|
% Change
|
|
|
PJM West On Peak
|
Aug-25
|
$73.02
|
$67.87
|
7.59%
|
$5.15
|
$65.43
|
11.61%
|
$65.64
|
11.24%
|
|
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ERCOT North On Peak
|
Aug-25
|
$111.59
|
$118.41
|
-5.75%
|
-$6.81
|
$140.30
|
-20.46%
|
$126.09
|
-11.50%
|
|
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CAISO SP 15 On Peak
|
Aug-25
|
$63.28
|
$61.77
|
2.43%
|
$1.50
|
$70.82
|
-10.66%
|
$85.62
|
-26.10%
|
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MISO Indiana On Peak
|
Aug-25
|
$67.97
|
$62.89
|
8.08%
|
$5.08
|
$59.80
|
13.66%
|
$63.58
|
6.90%
|
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NEISO Mass On Peak
|
Aug-25
|
$64.06
|
$58.40
|
9.70%
|
$5.66
|
$58.96
|
8.64%
|
$61.27
|
4.55%
|
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WECC Mid C On Peak
|
Aug-25
|
$97.84
|
$96.40
|
1.48%
|
$1.43
|
$104.74
|
-6.59%
|
$137.87
|
-29.04%
|
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NYISO Zone G On Peak
|
Aug-25
|
$67.17
|
$60.66
|
10.73%
|
$6.51
|
$57.21
|
17.41%
|
$56.06
|
19.81%
|
|
|
|
|
|
|
|
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|
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Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/2/25
|
7/1/25
|
% Change
|
Change
|
6/3/25
|
% Change
|
7/2/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Aug-25
|
$3.488
|
$3.415
|
2.14%
|
$0.07
|
$3.80
|
-8.14%
|
$3.44
|
1.40%
|
|
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Houston Ship Channel
|
Aug-25
|
-$0.338
|
-$0.372
|
-9.29%
|
$0.03
|
-$0.39
|
-13.85%
|
-$0.32
|
5.40%
|
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Chicago
|
Aug-25
|
-$0.353
|
-$0.419
|
18.61%
|
$0.07
|
-$0.50
|
-29.03%
|
-$0.38
|
-7.28%
|
|
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Waha
|
Aug-25
|
-$1.295
|
-$1.544
|
-16.14%
|
$0.25
|
-$1.78
|
-27.21%
|
-$0.71
|
81.41%
|
|
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Algonquin
|
Aug-25
|
-$0.380
|
-$0.465
|
18.25%
|
$0.08
|
-$0.70
|
-45.98%
|
-$0.14
|
174.69%
|
|
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Aeco
|
Aug-25
|
-$2.423
|
-$2.584
|
-6.22%
|
$0.16
|
-$2.58
|
-6.03%
|
-$1.45
|
67.55%
|
|
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Socal
|
Aug-25
|
$0.204
|
$0.150
|
35.22%
|
$0.05
|
$0.14
|
47.68%
|
$1.41
|
-85.57%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/2/25
|
7/1/25
|
% Change
|
Change
|
6/3/25
|
% Change
|
7/2/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Aug-25
|
$0.728
|
$0.725
|
0.38%
|
$0.00
|
$0.74
|
-2.33%
|
$0.76
|
-3.72%
|
|
|
Mt. Belvieu Propane non LST
|
Aug-25
|
$0.712
|
$0.720
|
-1.03%
|
-$0.01
|
$0.74
|
-4.06%
|
$0.76
|
-6.11%
|
|
|
Mt. Belview Ethane
|
Aug-25
|
$0.224
|
$0.216
|
3.84%
|
$0.01
|
$0.23
|
-2.33%
|
$0.24
|
-8.07%
|
|
|
Mt. Belview Nat. Gasoline
|
Aug-25
|
$1.315
|
$1.275
|
3.14%
|
$0.04
|
$1.27
|
3.15%
|
$1.53
|
-14.22%
|
|
|
Mt. Belvieu Butane LST
|
Aug-25
|
$0.790
|
$0.775
|
1.98%
|
$0.02
|
$0.83
|
-5.06%
|
$0.87
|
-8.71%
|
|
|
Far East Propane
|
Aug-25
|
$5.340
|
$5.340
|
0.00%
|
$0.00
|
$5.30
|
0.74%
|
$5.69
|
-6.20%
|
|
|
Saudi Propane
|
Aug-25
|
$5.580
|
$5.585
|
-0.09%
|
$0.00
|
$5.59
|
-0.09%
|
$5.35
|
4.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/2/25
|
7/1/25
|
% Change
|
Change
|
6/3/25
|
% Change
|
7/2/24
|
% Change
|
|
|
WTI
|
Aug-25
|
$67.45
|
$65.45
|
2.97%
|
$2.00
|
$62.48
|
7.95%
|
$75.50
|
-10.66%
|
|
|
Brent
|
Aug-25
|
$69.66
|
$67.52
|
3.07%
|
$2.14
|
$65.63
|
6.14%
|
$80.49
|
-13.46%
|
|
|
WCS
|
Aug-25
|
-$10.45
|
-$9.95
|
4.77%
|
-$0.50
|
-$9.98
|
4.74%
|
-$12.95
|
-19.33%
|
|
|
LLS
|
Aug-25
|
$66.89
|
$66.34
|
0.83%
|
$0.55
|
$62.96
|
6.24%
|
$77.89
|
-14.12%
|
|
|
Mars
|
Aug-25
|
$64.48
|
$64.57
|
-0.14%
|
-$0.09
|
$61.77
|
4.38%
|
$75.29
|
-14.36%
|
|
|
Sour
|
Aug-25
|
$65.43
|
$65.49
|
-0.10%
|
-$0.07
|
$62.51
|
4.67%
|
$75.57
|
-13.42%
|
|
|
ESPO
|
Aug-25
|
$67.66
|
$65.52
|
3.16%
|
$2.14
|
$63.63
|
6.33%
|
$78.49
|
-13.80%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/2/25
|
7/1/25
|
% Change
|
Change
|
6/3/25
|
% Change
|
7/2/24
|
% Change
|
|
|
NY Heating Oil
|
Aug-25
|
$2.41
|
$2.24
|
7.40%
|
$0.17
|
$2.09
|
15.26%
|
$2.54
|
-5.16%
|
|
|
NY Gasoline
|
Aug-25
|
$2.08
|
$2.04
|
1.76%
|
$0.04
|
$2.06
|
1.07%
|
$2.34
|
-11.35%
|
|
|
GC Gasoline
|
Aug-25
|
$1.94
|
$1.90
|
1.89%
|
$0.04
|
$1.96
|
-0.92%
|
$2.24
|
-13.64%
|
|
|
GC Jet
|
Aug-25
|
$2.18
|
$2.09
|
4.50%
|
$0.09
|
$1.96
|
11.49%
|
$2.44
|
-10.60%
|
|
|
Chicago Ethanol
|
Aug-25
|
$1.72
|
$1.71
|
0.70%
|
$0.01
|
$1.73
|
-0.92%
|
$1.63
|
5.53%
|
|
|
Rotterdam Gasoil
|
Aug-25
|
$634.82
|
$631.97
|
0.45%
|
$2.85
|
$607.72
|
4.46%
|
$730.23
|
-13.07%
|
|
|
Singapore Jet Kero
|
Aug-25
|
$84.90
|
$84.40
|
0.60%
|
$0.50
|
$80.15
|
5.92%
|
$100.00
|
-15.10%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/2/25
|
7/1/25
|
% Change
|
Change
|
6/3/25
|
% Change
|
7/2/24
|
% Change
|
|
|
Henry Hub Straddle
|
Aug-25
|
61.46%
|
60.49%
|
1.60%
|
0.97%
|
61.89%
|
-0.69%
|
40.35%
|
52.32%
|
|
|
Algonquin Straddle
|
Aug-25
|
75.23%
|
74.87%
|
0.48%
|
0.36%
|
57.31%
|
31.27%
|
44.16%
|
70.36%
|
|
|
Waha Straddle
|
Aug-25
|
107.76%
|
85.67%
|
25.78%
|
22.09%
|
109.71%
|
-1.78%
|
56.45%
|
90.89%
|
|
|
Chicago Straddle
|
Aug-25
|
65.50%
|
63.05%
|
3.89%
|
2.45%
|
62.27%
|
5.19%
|
43.09%
|
52.01%
|
|
|
PJM West Straddle
|
Aug-25
|
78.18%
|
74.77%
|
4.56%
|
3.41%
|
75.61%
|
3.40%
|
55.95%
|
39.73%
|
|
|
SP – 15 Straddle
|
Aug-25
|
235.83%
|
224.67%
|
4.97%
|
11.16%
|
284.72%
|
-17.17%
|
79.45%
|
196.83%
|
|
|
Mid. C Straddle
|
Aug-25
|
147.09%
|
184.42%
|
-20.24%
|
-37.33%
|
144.58%
|
1.74%
|
89.72%
|
63.94%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/2/25
|
7/1/25
|
% Change
|
Change
|
6/3/25
|
% Change
|
7/2/24
|
% Change
|
|
|
Dutch TTF
|
Aug-25
|
EUR 33.30
|
EUR 33.40
|
-0.29%
|
-EUR 0.10
|
EUR 36.34
|
-8.37%
|
EUR 37.01
|
-10.04%
|
|
|
NBP
|
Aug-25
|
GBP 79.38
|
GBP 79.89
|
-0.64%
|
-GBP 0.51
|
GBP 85.34
|
-6.98%
|
GBP 90.84
|
-12.62%
|
|
|
German Base
|
Aug-25
|
EUR 81.45
|
EUR 80.77
|
0.84%
|
EUR 0.67
|
EUR 81.32
|
0.15%
|
EUR 88.25
|
-7.71%
|
|
|
UK Base
|
Aug-25
|
GBP 71.10
|
GBP 71.90
|
-1.12%
|
-GBP 0.81
|
GBP 76.25
|
-6.76%
|
GBP 76.32
|
-6.84%
|
|
|
French Base
|
Aug-25
|
EUR 52.87
|
EUR 42.27
|
25.07%
|
EUR 10.60
|
EUR 39.79
|
32.87%
|
EUR 58.20
|
-9.16%
|
|
|
Italian Base
|
Aug-25
|
EUR 115.96
|
EUR 114.22
|
1.53%
|
EUR 1.74
|
EUR 117.61
|
-1.40%
|
EUR 108.61
|
6.77%
|
|
|
JKM LNG
|
Aug-25
|
$12.57
|
$12.34
|
1.88%
|
$0.23
|
$12.23
|
2.85%
|
$12.68
|
-0.80%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/2/25
|
7/1/25
|
% Change
|
Change
|
6/3/25
|
% Change
|
7/2/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Aug-25
|
$33.30
|
$33.40
|
-0.29%
|
-$0.10
|
$36.34
|
-8.37%
|
$37.01
|
-10.04%
|
|
|
USGC-UK Continent Dirty (WET)
|
Aug-25
|
$79.38
|
$79.89
|
-0.64%
|
-$0.51
|
$85.34
|
-6.98%
|
$90.84
|
-12.62%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Aug-25
|
$81.45
|
$80.77
|
0.84%
|
$0.67
|
$81.32
|
0.15%
|
$88.25
|
-7.71%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Aug-25
|
$71.10
|
$71.90
|
-1.12%
|
-$0.81
|
$76.25
|
-6.76%
|
$76.32
|
-6.84%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Aug-25
|
$52.87
|
$42.27
|
25.07%
|
$10.60
|
$39.79
|
32.87%
|
$58.20
|
-9.16%
|
|
|
Supramax Timecharter (DRY)
|
Aug-25
|
$115.96
|
$114.22
|
1.53%
|
$1.74
|
$117.61
|
-1.40%
|
$108.61
|
6.77%
|
|
|
Capesize Timecharter (DRY)
|
Aug-25
|
$12.57
|
$12.34
|
1.88%
|
$0.23
|
$12.23
|
2.85%
|
$12.68
|
-0.80%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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