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Prices as of 8:36 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.386
|
$3.412
|
-0.76%
|
-$0.026
|
38,787
|
|
|
WTI
|
$67.65
|
$67.93
|
-0.41%
|
-$0.28
|
58,446
|
|
|
Brent
|
$69.39
|
$69.58
|
-0.27%
|
-$0.19
|
11,528
|
|
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ULSD
|
$2.415
|
$2.421
|
-0.27%
|
-$0.006
|
9,093
|
|
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RBOB
|
$2.166
|
$2.152
|
0.66%
|
$0.014
|
11,073
|
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Spreads
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Current
|
Previous
|
% Change
|
Change
|
Contract
|
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WTI-Brent
|
$3.15
|
$3.09
|
1.94%
|
$0.06
|
Sep-25
|
|
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3:2:1 Crack
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$26.61
|
$26.04
|
2.22%
|
$0.58
|
Aug-25
|
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PJM West Spark
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$60.19
|
$66.54
|
-9.54%
|
-$6.34
|
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
|
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
|
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
|
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
|
|
|
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 %
|
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%
|
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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|
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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
|
2.24%
|
239
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-4.60%
|
181
|
25.69%
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Pacific
|
287
|
281
|
6
|
2.14%
|
282
|
1.77%
|
259
|
10.90%
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South
|
1,148
|
1,140
|
8
|
0.70%
|
1,174
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-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
|
7/7/25
|
7/3/25
|
% Change
|
Change
|
6/5/25
|
% Change
|
7/5/24
|
% Change
|
|
|
PJM West On Peak
|
Aug-25
|
$67.40
|
$73.84
|
-8.72%
|
-$6.44
|
$65.38
|
3.09%
|
$66.57
|
1.25%
|
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ERCOT North On Peak
|
Aug-25
|
$113.11
|
$126.78
|
-10.79%
|
-$13.68
|
$134.80
|
-16.09%
|
$129.34
|
-12.55%
|
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CAISO SP 15 On Peak
|
Aug-25
|
$60.50
|
$62.85
|
-3.75%
|
-$2.35
|
$69.05
|
-12.38%
|
$77.92
|
-22.36%
|
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MISO Indiana On Peak
|
Aug-25
|
$62.34
|
$68.20
|
-8.59%
|
-$5.86
|
$60.29
|
3.40%
|
$64.46
|
-3.29%
|
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NEISO Mass On Peak
|
Aug-25
|
$59.69
|
$66.51
|
-10.26%
|
-$6.82
|
$57.58
|
3.65%
|
$62.08
|
-3.86%
|
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WECC Mid C On Peak
|
Aug-25
|
$93.99
|
$96.92
|
-3.03%
|
-$2.93
|
$100.90
|
-6.86%
|
$136.48
|
-31.14%
|
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NYISO Zone G On Peak
|
Aug-25
|
$61.64
|
$68.48
|
-9.99%
|
-$6.84
|
$56.72
|
8.66%
|
$57.58
|
7.04%
|
|
|
|
|
|
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|
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|
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Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/7/25
|
7/3/25
|
% Change
|
Change
|
6/5/25
|
% Change
|
7/5/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Aug-25
|
$3.412
|
$3.409
|
0.09%
|
$0.00
|
$3.76
|
-9.13%
|
$3.41
|
-0.06%
|
|
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Houston Ship Channel
|
Aug-25
|
-$0.386
|
-$0.365
|
5.53%
|
-$0.02
|
-$0.40
|
-4.60%
|
-$0.32
|
21.68%
|
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Chicago
|
Aug-25
|
-$0.366
|
-$0.357
|
-2.22%
|
-$0.01
|
-$0.46
|
-21.08%
|
-$0.39
|
-5.63%
|
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Waha
|
Aug-25
|
-$1.444
|
-$1.383
|
-4.39%
|
-$0.06
|
-$1.74
|
-16.79%
|
-$0.75
|
92.66%
|
|
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Algonquin
|
Aug-25
|
-$0.386
|
-$0.373
|
-3.48%
|
-$0.01
|
-$0.66
|
-41.84%
|
-$0.14
|
174.29%
|
|
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Aeco
|
Aug-25
|
-$2.478
|
-$2.488
|
-0.40%
|
$0.01
|
-$2.45
|
1.04%
|
-$1.47
|
69.08%
|
|
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Socal
|
Aug-25
|
$0.275
|
$0.260
|
5.81%
|
$0.02
|
$0.18
|
51.91%
|
$1.41
|
-80.45%
|
|
|
|
|
|
|
|
|
|
|
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|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/7/25
|
7/3/25
|
% Change
|
Change
|
6/5/25
|
% Change
|
7/5/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Aug-25
|
$0.740
|
$0.729
|
1.56%
|
$0.01
|
$0.74
|
-0.05%
|
$0.77
|
-4.20%
|
|
|
Mt. Belvieu Propane non LST
|
Aug-25
|
$0.735
|
$0.721
|
1.94%
|
$0.01
|
$0.72
|
2.03%
|
$0.77
|
-4.96%
|
|
|
Mt. Belview Ethane
|
Aug-25
|
$0.232
|
$0.238
|
-2.33%
|
-$0.01
|
$0.22
|
5.54%
|
$0.24
|
-3.63%
|
|
|
Mt. Belview Nat. Gasoline
|
Aug-25
|
$1.318
|
$1.302
|
1.15%
|
$0.02
|
$1.27
|
3.85%
|
$1.52
|
-13.60%
|
|
|
Mt. Belvieu Butane LST
|
Aug-25
|
$0.792
|
$0.792
|
0.06%
|
$0.00
|
$0.82
|
-3.10%
|
$0.88
|
-9.85%
|
|
|
Far East Propane
|
Aug-25
|
$5.451
|
$5.350
|
1.90%
|
$0.10
|
$5.22
|
4.43%
|
$5.73
|
-4.85%
|
|
|
Saudi Propane
|
Aug-25
|
$5.590
|
$5.580
|
0.18%
|
$0.01
|
$5.62
|
-0.54%
|
$5.30
|
5.41%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/7/25
|
7/3/25
|
% Change
|
Change
|
6/5/25
|
% Change
|
7/5/24
|
% Change
|
|
|
WTI
|
Aug-25
|
$67.93
|
$67.00
|
1.37%
|
$0.93
|
$62.48
|
8.72%
|
$75.64
|
-10.19%
|
|
|
Brent
|
Aug-25
|
$70.13
|
$69.32
|
1.14%
|
$0.80
|
$65.34
|
7.32%
|
$80.58
|
-12.97%
|
|
|
WCS
|
Aug-25
|
-$10.31
|
-$10.19
|
1.21%
|
-$0.13
|
-$10.38
|
-0.61%
|
-$13.67
|
-24.54%
|
|
|
LLS
|
Aug-25
|
$68.67
|
$67.31
|
1.99%
|
$1.36
|
$63.85
|
7.56%
|
$78.02
|
-11.98%
|
|
|
Mars
|
Aug-25
|
$67.03
|
$66.54
|
0.74%
|
$0.50
|
$62.03
|
8.07%
|
$75.29
|
-10.97%
|
|
|
Sour
|
Aug-25
|
$67.48
|
$66.94
|
0.80%
|
$0.54
|
$61.74
|
9.29%
|
$75.74
|
-10.91%
|
|
|
ESPO
|
Aug-25
|
$68.13
|
$67.32
|
1.17%
|
$0.80
|
$63.34
|
7.55%
|
$78.58
|
-13.30%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/7/25
|
7/3/25
|
% Change
|
Change
|
6/5/25
|
% Change
|
7/5/24
|
% Change
|
|
|
NY Heating Oil
|
Aug-25
|
$2.42
|
$2.37
|
1.81%
|
$0.04
|
$2.08
|
15.93%
|
$2.53
|
-4.66%
|
|
|
NY Gasoline
|
Aug-25
|
$2.13
|
$2.11
|
0.95%
|
$0.02
|
$2.04
|
4.41%
|
$2.34
|
-8.86%
|
|
|
GC Gasoline
|
Aug-25
|
$1.99
|
$1.97
|
1.02%
|
$0.02
|
$1.94
|
2.58%
|
$2.24
|
-11.04%
|
|
|
GC Jet
|
Aug-25
|
$2.15
|
$2.12
|
1.56%
|
$0.03
|
$1.93
|
11.77%
|
$2.44
|
-11.86%
|
|
|
Chicago Ethanol
|
Aug-25
|
$1.69
|
$1.73
|
-2.25%
|
-$0.04
|
$1.68
|
0.77%
|
$1.64
|
3.11%
|
|
|
Rotterdam Gasoil
|
Aug-25
|
$645.47
|
$639.80
|
0.89%
|
$5.67
|
$613.24
|
5.26%
|
$720.50
|
-10.41%
|
|
|
Singapore Jet Kero
|
Aug-25
|
$85.83
|
$85.50
|
0.38%
|
$0.33
|
$78.90
|
8.78%
|
$98.59
|
-12.94%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/7/25
|
7/3/25
|
% Change
|
Change
|
6/5/25
|
% Change
|
7/5/24
|
% Change
|
|
|
Henry Hub Straddle
|
Aug-25
|
58.45%
|
61.60%
|
-5.11%
|
-3.15%
|
60.81%
|
-3.88%
|
37.15%
|
57.34%
|
|
|
Algonquin Straddle
|
Aug-25
|
65.10%
|
68.44%
|
-4.88%
|
-3.34%
|
56.94%
|
14.33%
|
40.57%
|
60.46%
|
|
|
Waha Straddle
|
Aug-25
|
105.54%
|
123.06%
|
-14.24%
|
-17.52%
|
105.74%
|
-0.19%
|
52.82%
|
99.81%
|
|
|
Chicago Straddle
|
Aug-25
|
61.53%
|
65.52%
|
-6.09%
|
-3.99%
|
62.07%
|
-0.87%
|
40.13%
|
53.33%
|
|
|
PJM West Straddle
|
Aug-25
|
72.01%
|
77.93%
|
-7.60%
|
-5.92%
|
72.57%
|
-0.77%
|
55.69%
|
29.31%
|
|
|
SP – 15 Straddle
|
Aug-25
|
252.79%
|
236.12%
|
7.06%
|
16.67%
|
292.10%
|
-13.46%
|
83.64%
|
202.24%
|
|
|
Mid. C Straddle
|
Aug-25
|
190.83%
|
159.16%
|
19.90%
|
31.67%
|
147.53%
|
29.35%
|
93.61%
|
103.86%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/7/25
|
7/3/25
|
% Change
|
Change
|
6/5/25
|
% Change
|
7/5/24
|
% Change
|
|
|
Dutch TTF
|
Aug-25
|
EUR 34.15
|
EUR 33.75
|
1.18%
|
EUR 0.40
|
EUR 36.85
|
-7.33%
|
EUR 36.61
|
-6.74%
|
|
|
NBP
|
Aug-25
|
GBP 81.19
|
GBP 80.27
|
1.14%
|
GBP 0.92
|
GBP 87.26
|
-6.96%
|
GBP 89.95
|
-9.74%
|
|
|
German Base
|
Aug-25
|
EUR 82.53
|
EUR 80.82
|
2.12%
|
EUR 1.71
|
EUR 82.61
|
-0.10%
|
EUR 87.90
|
-6.11%
|
|
|
UK Base
|
Aug-25
|
GBP 72.42
|
GBP 73.55
|
-1.54%
|
-GBP 1.13
|
GBP 74.85
|
-3.25%
|
GBP 75.47
|
-4.05%
|
|
|
French Base
|
Aug-25
|
EUR 53.48
|
EUR 53.69
|
-0.39%
|
-EUR 0.21
|
EUR 41.79
|
27.96%
|
EUR 59.49
|
-10.10%
|
|
|
Italian Base
|
Aug-25
|
EUR 114.55
|
EUR 115.26
|
-0.62%
|
-EUR 0.71
|
EUR 118.51
|
-3.35%
|
EUR 109.19
|
4.90%
|
|
|
JKM LNG
|
Aug-25
|
$12.96
|
$12.98
|
-0.15%
|
-$0.02
|
$12.65
|
2.42%
|
$12.58
|
3.02%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
7/7/25
|
7/3/25
|
% Change
|
Change
|
6/5/25
|
% Change
|
7/5/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Aug-25
|
$34.15
|
$33.75
|
1.18%
|
$0.40
|
$36.85
|
-7.33%
|
$36.61
|
-6.74%
|
|
|
USGC-UK Continent Dirty (WET)
|
Aug-25
|
$81.19
|
$80.27
|
1.14%
|
$0.92
|
$87.26
|
-6.96%
|
$89.95
|
-9.74%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Aug-25
|
$82.53
|
$80.82
|
2.12%
|
$1.71
|
$82.61
|
-0.10%
|
$87.90
|
-6.11%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Aug-25
|
$72.42
|
$73.55
|
-1.54%
|
-$1.13
|
$74.85
|
-3.25%
|
$75.47
|
-4.05%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Aug-25
|
$53.48
|
$53.69
|
-0.39%
|
-$0.21
|
$41.79
|
27.96%
|
$59.49
|
-10.10%
|
|
|
Supramax Timecharter (DRY)
|
Aug-25
|
$114.55
|
$115.26
|
-0.62%
|
-$0.71
|
$118.51
|
-3.35%
|
$109.19
|
4.90%
|
|
|
Capesize Timecharter (DRY)
|
Aug-25
|
$12.96
|
$12.98
|
-0.15%
|
-$0.02
|
$12.65
|
2.42%
|
$12.58
|
3.02%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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