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Prices as of 9:14 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.382
|
$3.409
|
-0.79%
|
-$0.027
|
53,217
|
|
|
WTI
|
$67.42
|
$67.00
|
0.63%
|
$0.42
|
84,541
|
|
|
Brent
|
$69.00
|
$68.80
|
0.29%
|
$0.20
|
17,305
|
|
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ULSD
|
$2.398
|
$2.370
|
1.19%
|
$0.028
|
14,960
|
|
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RBOB
|
$2.133
|
$2.119
|
0.70%
|
$0.015
|
11,869
|
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Spreads
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Current
|
Previous
|
% Change
|
Change
|
Contract
|
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WTI-Brent
|
$2.97
|
$3.18
|
-6.60%
|
-$0.21
|
Sep-25
|
|
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3:2:1 Crack
|
$25.67
|
$25.52
|
0.59%
|
$0.15
|
Aug-25
|
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PJM West Spark
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$66.60
|
$65.73
|
1.33%
|
$0.87
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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.
|
07/03/25
|
539
|
-8
|
-46
|
07/05/24
|
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Canada
|
07/03/25
|
151
|
11
|
-24
|
07/05/24
|
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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
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Diff
|
|
|
PJM West On Peak
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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
|
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
|
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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|
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|
07/03/20
|
|
|
|
|
6/27/25
|
6/20/25
|
Net Change
|
% Change
|
6/28/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
602
|
589
|
13
|
2.21%
|
660
|
-8.79%
|
593
|
1.59%
|
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Midwest
|
688
|
665
|
23
|
3.46%
|
779
|
-11.68%
|
689
|
-0.15%
|
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Mountain
|
228
|
223
|
5
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2.24%
|
239
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-4.60%
|
181
|
25.69%
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Pacific
|
287
|
281
|
6
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2.14%
|
282
|
1.77%
|
259
|
10.90%
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South
|
1,148
|
1,140
|
8
|
0.70%
|
1,174
|
-2.21%
|
1,084
|
5.86%
|
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Salt
|
342
|
352
|
-10
|
-2.84%
|
326
|
4.91%
|
307
|
11.47%
|
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Non_Salt
|
806
|
788
|
18
|
2.28%
|
848
|
-4.95%
|
778
|
3.65%
|
|
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Total
|
2,953
|
2,898
|
55
|
1.90%
|
3,134
|
-5.78%
|
2,806
|
5.25%
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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
|
7/3/25
|
7/2/25
|
% Change
|
Change
|
6/4/25
|
% Change
|
7/3/24
|
% Change
|
|
|
PJM West On Peak
|
Aug-25
|
$73.84
|
$73.02
|
1.12%
|
$0.82
|
$63.95
|
15.46%
|
$66.36
|
11.26%
|
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ERCOT North On Peak
|
Aug-25
|
$126.78
|
$111.59
|
13.61%
|
$15.19
|
$135.69
|
-6.56%
|
$130.85
|
-3.11%
|
|
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CAISO SP 15 On Peak
|
Aug-25
|
$62.85
|
$63.28
|
-0.67%
|
-$0.42
|
$69.66
|
-9.77%
|
$82.28
|
-23.61%
|
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MISO Indiana On Peak
|
Aug-25
|
$68.20
|
$67.97
|
0.34%
|
$0.23
|
$58.67
|
16.24%
|
$64.30
|
6.07%
|
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NEISO Mass On Peak
|
Aug-25
|
$66.51
|
$64.06
|
3.82%
|
$2.45
|
$58.24
|
14.20%
|
$61.64
|
7.89%
|
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WECC Mid C On Peak
|
Aug-25
|
$96.92
|
$97.84
|
-0.94%
|
-$0.92
|
$102.62
|
-5.56%
|
$142.28
|
-31.88%
|
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NYISO Zone G On Peak
|
Aug-25
|
$68.48
|
$67.17
|
1.94%
|
$1.30
|
$56.50
|
21.19%
|
$57.36
|
19.38%
|
|
|
|
|
|
|
|
|
|
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Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/3/25
|
7/2/25
|
% Change
|
Change
|
6/4/25
|
% Change
|
7/3/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Aug-25
|
$3.409
|
$3.488
|
-2.26%
|
-$0.08
|
$3.78
|
-9.91%
|
$3.45
|
-1.25%
|
|
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Houston Ship Channel
|
Aug-25
|
-$0.365
|
-$0.338
|
8.17%
|
-$0.03
|
-$0.41
|
-10.66%
|
-$0.32
|
12.85%
|
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Chicago
|
Aug-25
|
-$0.357
|
-$0.353
|
-1.23%
|
$0.00
|
-$0.49
|
-26.82%
|
-$0.38
|
-6.78%
|
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Waha
|
Aug-25
|
-$1.383
|
-$1.295
|
-6.79%
|
-$0.09
|
-$1.74
|
-20.68%
|
-$0.76
|
81.60%
|
|
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Algonquin
|
Aug-25
|
-$0.373
|
-$0.380
|
1.76%
|
$0.01
|
-$0.62
|
-39.37%
|
-$0.14
|
174.82%
|
|
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Aeco
|
Aug-25
|
-$2.488
|
-$2.423
|
2.70%
|
-$0.07
|
-$2.49
|
-0.24%
|
-$1.45
|
72.05%
|
|
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Socal
|
Aug-25
|
$0.260
|
$0.204
|
27.62%
|
$0.06
|
$0.16
|
61.81%
|
$1.41
|
-81.64%
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/3/25
|
7/2/25
|
% Change
|
Change
|
6/4/25
|
% Change
|
7/3/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Aug-25
|
$0.729
|
$0.728
|
0.17%
|
$0.00
|
$0.74
|
-1.17%
|
$0.76
|
-4.52%
|
|
|
Mt. Belvieu Propane non LST
|
Aug-25
|
$0.721
|
$0.712
|
1.24%
|
$0.01
|
$0.72
|
0.23%
|
$0.76
|
-4.85%
|
|
|
Mt. Belview Ethane
|
Aug-25
|
$0.238
|
$0.224
|
6.22%
|
$0.01
|
$0.22
|
6.19%
|
$0.24
|
-0.66%
|
|
|
Mt. Belview Nat. Gasoline
|
Aug-25
|
$1.302
|
$1.315
|
-0.96%
|
-$0.01
|
$1.25
|
4.36%
|
$1.52
|
-14.04%
|
|
|
Mt. Belvieu Butane LST
|
Aug-25
|
$0.792
|
$0.790
|
0.17%
|
$0.00
|
$0.81
|
-2.26%
|
$0.86
|
-7.83%
|
|
|
Far East Propane
|
Aug-25
|
$5.350
|
$5.340
|
0.18%
|
$0.01
|
$5.23
|
2.30%
|
$5.67
|
-5.73%
|
|
|
Saudi Propane
|
Aug-25
|
$5.580
|
$5.580
|
0.00%
|
$0.00
|
$5.64
|
-0.98%
|
$5.36
|
4.17%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/3/25
|
7/2/25
|
% Change
|
Change
|
6/4/25
|
% Change
|
7/3/24
|
% Change
|
|
|
WTI
|
Aug-25
|
$67.00
|
$67.45
|
-0.67%
|
-$0.45
|
$61.89
|
8.26%
|
$76.27
|
-12.15%
|
|
|
Brent
|
Aug-25
|
$69.32
|
$69.66
|
-0.48%
|
-$0.33
|
$64.86
|
6.88%
|
$81.28
|
-14.71%
|
|
|
WCS
|
Aug-25
|
-$10.19
|
-$10.45
|
-2.54%
|
$0.26
|
-$10.33
|
-1.34%
|
-$13.22
|
-22.95%
|
|
|
LLS
|
Aug-25
|
$67.31
|
$66.89
|
0.62%
|
$0.42
|
$63.89
|
5.36%
|
$78.66
|
-14.43%
|
|
|
Mars
|
Aug-25
|
$66.54
|
$64.48
|
3.09%
|
$2.06
|
$61.39
|
8.38%
|
$75.52
|
-11.90%
|
|
|
Sour
|
Aug-25
|
$66.94
|
$65.43
|
2.26%
|
$1.51
|
$61.92
|
8.10%
|
$76.31
|
-12.28%
|
|
|
ESPO
|
Aug-25
|
$67.32
|
$67.66
|
-0.49%
|
-$0.33
|
$62.86
|
7.10%
|
$79.28
|
-15.08%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/3/25
|
7/2/25
|
% Change
|
Change
|
6/4/25
|
% Change
|
7/3/24
|
% Change
|
|
|
NY Heating Oil
|
Aug-25
|
$2.37
|
$2.41
|
-1.49%
|
-$0.04
|
$2.08
|
13.87%
|
$2.56
|
-7.20%
|
|
|
NY Gasoline
|
Aug-25
|
$2.11
|
$2.08
|
1.54%
|
$0.03
|
$2.01
|
5.24%
|
$2.34
|
-9.94%
|
|
|
GC Gasoline
|
Aug-25
|
$1.97
|
$1.94
|
1.65%
|
$0.03
|
$1.90
|
3.41%
|
$2.24
|
-12.17%
|
|
|
GC Jet
|
Aug-25
|
$2.12
|
$2.18
|
-2.84%
|
-$0.06
|
$1.91
|
10.81%
|
$2.43
|
-12.53%
|
|
|
Chicago Ethanol
|
Aug-25
|
$1.73
|
$1.72
|
0.87%
|
$0.01
|
$1.70
|
1.88%
|
$1.55
|
11.74%
|
|
|
Rotterdam Gasoil
|
Aug-25
|
$639.80
|
$634.82
|
0.78%
|
$4.98
|
$613.50
|
4.29%
|
$725.06
|
-11.76%
|
|
|
Singapore Jet Kero
|
Aug-25
|
$85.50
|
$84.90
|
0.71%
|
$0.60
|
$79.24
|
7.90%
|
$97.97
|
-12.73%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/3/25
|
7/2/25
|
% Change
|
Change
|
6/4/25
|
% Change
|
7/3/24
|
% Change
|
|
|
Henry Hub Straddle
|
Aug-25
|
61.60%
|
61.46%
|
0.23%
|
0.14%
|
62.55%
|
-1.52%
|
39.46%
|
56.11%
|
|
|
Algonquin Straddle
|
Aug-25
|
68.44%
|
75.23%
|
-9.03%
|
-6.79%
|
57.94%
|
18.12%
|
43.58%
|
57.04%
|
|
|
Waha Straddle
|
Aug-25
|
123.06%
|
107.76%
|
14.20%
|
15.30%
|
102.41%
|
20.16%
|
59.77%
|
105.89%
|
|
|
Chicago Straddle
|
Aug-25
|
65.52%
|
65.50%
|
0.03%
|
0.02%
|
63.19%
|
3.69%
|
42.90%
|
52.73%
|
|
|
PJM West Straddle
|
Aug-25
|
77.93%
|
78.18%
|
-0.32%
|
-0.25%
|
74.25%
|
4.96%
|
55.59%
|
40.19%
|
|
|
SP – 15 Straddle
|
Aug-25
|
236.12%
|
235.83%
|
0.12%
|
0.29%
|
280.72%
|
-15.89%
|
81.10%
|
191.15%
|
|
|
Mid. C Straddle
|
Aug-25
|
159.16%
|
147.09%
|
8.21%
|
12.07%
|
125.15%
|
27.18%
|
91.42%
|
74.10%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/3/25
|
7/2/25
|
% Change
|
Change
|
6/4/25
|
% Change
|
7/3/24
|
% Change
|
|
|
Dutch TTF
|
Aug-25
|
EUR 33.75
|
EUR 33.30
|
1.35%
|
EUR 0.45
|
EUR 35.92
|
-6.04%
|
EUR 36.58
|
-7.74%
|
|
|
NBP
|
Aug-25
|
GBP 80.27
|
GBP 79.38
|
1.12%
|
GBP 0.89
|
GBP 84.64
|
-5.16%
|
GBP 90.31
|
-11.12%
|
|
|
German Base
|
Aug-25
|
EUR 80.82
|
EUR 81.45
|
-0.78%
|
-EUR 0.63
|
EUR 81.08
|
-0.33%
|
EUR 88.42
|
-8.60%
|
|
|
UK Base
|
Aug-25
|
GBP 73.55
|
GBP 71.10
|
3.45%
|
GBP 2.45
|
GBP 74.48
|
-1.25%
|
GBP 75.73
|
-2.88%
|
|
|
French Base
|
Aug-25
|
EUR 53.69
|
EUR 52.87
|
1.55%
|
EUR 0.82
|
EUR 40.42
|
32.84%
|
EUR 58.99
|
-8.99%
|
|
|
Italian Base
|
Aug-25
|
EUR 115.26
|
EUR 115.96
|
-0.60%
|
-EUR 0.70
|
EUR 116.09
|
-0.71%
|
EUR 109.99
|
4.79%
|
|
|
JKM LNG
|
Aug-25
|
$12.98
|
$12.57
|
3.19%
|
$0.40
|
$12.40
|
4.65%
|
$13.34
|
-2.70%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/3/25
|
7/2/25
|
% Change
|
Change
|
6/4/25
|
% Change
|
7/3/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Aug-25
|
$33.75
|
$33.30
|
1.35%
|
$0.45
|
$35.92
|
-6.04%
|
$36.58
|
-7.74%
|
|
|
USGC-UK Continent Dirty (WET)
|
Aug-25
|
$80.27
|
$79.38
|
1.12%
|
$0.89
|
$84.64
|
-5.16%
|
$90.31
|
-11.12%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Aug-25
|
$80.82
|
$81.45
|
-0.78%
|
-$0.63
|
$81.08
|
-0.33%
|
$88.42
|
-8.60%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Aug-25
|
$73.55
|
$71.10
|
3.45%
|
$2.45
|
$74.48
|
-1.25%
|
$75.73
|
-2.88%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Aug-25
|
$53.69
|
$52.87
|
1.55%
|
$0.82
|
$40.42
|
32.84%
|
$58.99
|
-8.99%
|
|
|
Supramax Timecharter (DRY)
|
Aug-25
|
$115.26
|
$115.96
|
-0.60%
|
-$0.70
|
$116.09
|
-0.71%
|
$109.99
|
4.79%
|
|
|
Capesize Timecharter (DRY)
|
Aug-25
|
$12.98
|
$12.57
|
3.19%
|
$0.40
|
$12.40
|
4.65%
|
$13.34
|
-2.70%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/05/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
50
|
19
|
22
|
168
|
76
|
3
|
NA
|
NA
|
|
|
Middle Atlantic
|
70
|
23
|
21
|
251
|
76
|
-32
|
43.00%
|
-11.00%
|
|
|
E N Central
|
80
|
31
|
38
|
291
|
57
|
12
|
24.00%
|
4.00%
|
|
|
W N Central
|
78
|
15
|
27
|
331
|
20
|
2
|
6.00%
|
1.00%
|
|
|
South Atlantic
|
102
|
11
|
0
|
893
|
149
|
16
|
20.00%
|
2.00%
|
|
|
E S Central
|
97
|
10
|
-10
|
677
|
126
|
-18
|
23.00%
|
-3.00%
|
|
|
W S Central
|
113
|
-4
|
-32
|
1,116
|
175
|
-50
|
19.00%
|
-4.00%
|
|
|
Mountain
|
79
|
8
|
1
|
446
|
22
|
12
|
5.00%
|
3.00%
|
|
|
Pacific
|
42
|
6
|
-14
|
158
|
-24
|
-6
|
-13.00%
|
-4.00%
|
|
|
United States
|
80
|
14
|
6
|
499
|
76
|
-6
|
18.00%
|
-1.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/05/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
2
|
-1
|
-3
|
6,198
|
-413
|
416
|
-6.00%
|
7.00%
|
|
|
Middle Atlantic
|
0
|
0
|
-2
|
5,355
|
-556
|
347
|
-9.00%
|
7.00%
|
|
|
E N Central
|
0
|
-1
|
-7
|
5,937
|
-560
|
544
|
-9.00%
|
10.00%
|
|
|
W N Central
|
0
|
-4
|
-7
|
6,153
|
-597
|
426
|
-9.00%
|
7.00%
|
|
|
South Atlantic
|
0
|
0
|
0
|
2,594
|
-259
|
71
|
-9.00%
|
3.00%
|
|
|
E S Central
|
0
|
0
|
0
|
3,182
|
-422
|
34
|
-12.00%
|
1.00%
|
|
|
W S Central
|
0
|
0
|
0
|
1,943
|
-344
|
-165
|
-15.00%
|
-8.00%
|
|
|
Mountain
|
1
|
-7
|
-4
|
4,748
|
-461
|
-184
|
-9.00%
|
-4.00%
|
|
|
Pacific
|
2
|
-7
|
0
|
3,080
|
-148
|
-84
|
-5.00%
|
-3.00%
|
|
|
United States
|
1
|
-1
|
-2
|
4,128
|
-396
|
159
|
-9.00%
|
4.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|

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