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Prices as of 7:30 AM CST
|
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.723
|
$3.784
|
-1.61%
|
-$0.061
|
23,094
|
|
|
WTI
|
$64.99
|
$64.58
|
0.63%
|
$0.41
|
43,211
|
|
|
Brent
|
$66.89
|
$66.47
|
0.63%
|
$0.42
|
8,450
|
|
|
ULSD
|
$2.145
|
$2.125
|
0.94%
|
$0.020
|
8,171
|
|
|
RBOB
|
$2.087
|
$2.077
|
0.48%
|
$0.010
|
3,628
|
|
|
|
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Spreads
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Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
WTI-Brent
|
$2.86
|
$2.84
|
0.70%
|
$0.02
|
Aug-25
|
|
|
3:2:1 Crack
|
$23.68
|
$23.56
|
0.51%
|
$0.12
|
Jul-25
|
|
|
PJM West Spark
|
$67.07
|
$64.73
|
3.61%
|
$2.34
|
Jul-25
|
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Baker Hughes Rig Count
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Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
U.S.
|
06/06/25
|
559
|
-4
|
-35
|
06/07/24
|
|
|
Canada
|
06/06/25
|
114
|
2
|
-29
|
06/07/24
|
|
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International
|
May
|
886
|
-5
|
-67
|
May
|
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CFTC Net Positions
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As of 6/3/2025
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
PJM West On Peak
|
106,042
|
105,332
|
105,322
|
10
|
|
|
PJM West Off Peak
|
90,181
|
90,035
|
89,456
|
579
|
|
|
Natural Gas Henry Hub
|
351,945
|
336,983
|
340,123
|
-3,140
|
|
|
WTI – Light Sweet Crude Futures
|
313,647
|
260,934
|
237,887
|
23,047
|
|
|
Brent Crude Last Day
|
208,499
|
201,090
|
199,696
|
1,394
|
|
|
NYM Ethanol
|
25,664
|
24,843
|
25,280
|
-437
|
|
|
Mt Belvieu LDH Propane Swap
|
167,094
|
166,352
|
166,576
|
-224
|
|
|
RBOB
|
388,811
|
368,787
|
368,167
|
620
|
|
|
HSC Basis
|
886,810
|
873,415
|
883,103
|
-9,688
|
|
|
|
|
|
|
|
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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
|
|
|
|
|
|
|
|
|
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|
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%
|
|
|
|
|
|
|
|
|
|
|
|
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Short Term Energy Outlook
|

|

|
|

|

|
|

|

|
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|
|
|
|
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|
EIA Lower 48 Natural Gas Storage
|
|
|
|
|
|
|
|
|
|
|
|
06/05/20
|
|
|
|
|
5/30/25
|
5/23/25
|
Net Change
|
% Change
|
5/31/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
498
|
462
|
36
|
7.79%
|
575
|
-13.39%
|
504
|
-1.27%
|
|
|
Midwest
|
579
|
541
|
38
|
7.02%
|
681
|
-14.98%
|
588
|
-1.50%
|
|
|
Mountain
|
205
|
198
|
7
|
3.54%
|
218
|
-5.96%
|
156
|
31.24%
|
|
|
Pacific
|
261
|
254
|
7
|
2.76%
|
273
|
-4.40%
|
240
|
8.75%
|
|
|
South
|
1,055
|
1,021
|
34
|
3.33%
|
1,146
|
-7.94%
|
1,044
|
1.09%
|
|
|
Salt
|
340
|
328
|
12
|
3.66%
|
330
|
3.03%
|
312
|
9.04%
|
|
|
Non_Salt
|
715
|
693
|
22
|
3.17%
|
817
|
-12.48%
|
732
|
-2.38%
|
|
|
Total
|
2,598
|
2,476
|
122
|
4.93%
|
2,893
|
-10.20%
|
2,532
|
2.61%
|
|
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|
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Power Generation Additions/Retirements
|
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Front Month Prices
|
|
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Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/6/25
|
6/5/25
|
% Change
|
Change
|
5/8/25
|
% Change
|
6/6/24
|
% Change
|
|
|
PJM West On Peak
|
Jul-25
|
$75.03
|
$72.83
|
3.03%
|
$2.20
|
$81.89
|
-8.38%
|
$79.75
|
-5.91%
|
|
|
ERCOT North On Peak
|
Jul-25
|
$86.80
|
$83.76
|
3.63%
|
$3.04
|
$101.11
|
-14.15%
|
$117.97
|
-26.42%
|
|
|
CAISO SP 15 On Peak
|
Jul-25
|
$61.27
|
$57.00
|
7.49%
|
$4.27
|
$55.43
|
10.55%
|
$67.17
|
-8.78%
|
|
|
MISO Indiana On Peak
|
Jul-25
|
$69.35
|
$67.45
|
2.82%
|
$1.90
|
$75.59
|
-8.24%
|
$78.25
|
-11.37%
|
|
|
NEISO Mass On Peak
|
Jul-25
|
$69.10
|
$67.26
|
2.74%
|
$1.84
|
$83.08
|
-16.83%
|
$77.35
|
-10.66%
|
|
|
WECC Mid C On Peak
|
Jul-25
|
$85.79
|
$81.97
|
4.67%
|
$3.82
|
$75.49
|
13.65%
|
$117.78
|
-27.16%
|
|
|
NYISO Zone G On Peak
|
Jul-25
|
$66.79
|
$66.35
|
0.67%
|
$0.45
|
$73.55
|
-9.19%
|
$76.44
|
-12.62%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/6/25
|
6/5/25
|
% Change
|
Change
|
5/8/25
|
% Change
|
6/6/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Jul-25
|
$3.784
|
$3.677
|
2.91%
|
$0.11
|
$3.93
|
-3.79%
|
$3.50
|
7.99%
|
|
|
Houston Ship Channel
|
Jul-25
|
-$0.412
|
-$0.389
|
5.91%
|
-$0.02
|
-$0.29
|
41.29%
|
-$0.33
|
25.23%
|
|
|
Chicago
|
Jul-25
|
-$0.478
|
-$0.456
|
-4.69%
|
-$0.02
|
-$0.41
|
16.93%
|
-$0.35
|
37.99%
|
|
|
Waha
|
Jul-25
|
-$1.963
|
-$1.870
|
-5.01%
|
-$0.09
|
-$1.52
|
28.76%
|
-$0.70
|
181.50%
|
|
|
Algonquin
|
Jul-25
|
-$0.409
|
-$0.341
|
-19.85%
|
-$0.07
|
$0.27
|
-252.33%
|
-$0.01
|
4544.32%
|
|
|
Aeco
|
Jul-25
|
-$2.442
|
-$2.494
|
-2.09%
|
$0.05
|
-$2.40
|
1.71%
|
-$1.41
|
73.54%
|
|
|
Socal
|
Jul-25
|
-$0.141
|
-$0.099
|
42.54%
|
-$0.04
|
-$0.40
|
-64.97%
|
$1.31
|
-110.82%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/6/25
|
6/5/25
|
% Change
|
Change
|
5/8/25
|
% Change
|
6/6/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Jul-25
|
$0.749
|
$0.725
|
3.26%
|
$0.02
|
$0.72
|
4.32%
|
$0.68
|
9.86%
|
|
|
Mt. Belvieu Propane non LST
|
Jul-25
|
$0.750
|
$0.720
|
4.18%
|
$0.03
|
$0.72
|
4.69%
|
$0.68
|
9.97%
|
|
|
Mt. Belview Ethane
|
Jul-25
|
$0.236
|
$0.198
|
19.23%
|
$0.04
|
$0.26
|
-9.66%
|
$0.25
|
-6.45%
|
|
|
Mt. Belview Nat. Gasoline
|
Jul-25
|
$1.290
|
$1.275
|
1.17%
|
$0.01
|
$1.28
|
0.64%
|
$1.40
|
-7.62%
|
|
|
Mt. Belvieu Butane LST
|
Jul-25
|
$0.830
|
$0.813
|
2.16%
|
$0.02
|
$0.82
|
1.66%
|
$0.78
|
6.12%
|
|
|
Far East Propane
|
Jul-25
|
$5.320
|
$5.260
|
1.15%
|
$0.06
|
$5.12
|
3.87%
|
$5.25
|
1.34%
|
|
|
Saudi Propane
|
Jul-25
|
$5.786
|
$5.819
|
-0.57%
|
-$0.03
|
$5.48
|
5.61%
|
$4.88
|
18.46%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/6/25
|
6/5/25
|
% Change
|
Change
|
5/8/25
|
% Change
|
6/6/24
|
% Change
|
|
|
WTI
|
Jul-25
|
$64.58
|
$63.37
|
1.87%
|
$1.21
|
$59.52
|
8.50%
|
$70.78
|
-8.76%
|
|
|
Brent
|
Jul-25
|
$66.82
|
$65.62
|
1.79%
|
$1.20
|
$62.84
|
6.33%
|
$75.85
|
-11.91%
|
|
|
WCS
|
Jul-25
|
-$8.92
|
-$9.43
|
-5.65%
|
$0.50
|
-$8.67
|
2.93%
|
-$13.10
|
-31.89%
|
|
|
LLS
|
Jul-25
|
$65.76
|
$64.29
|
2.24%
|
$1.47
|
$61.67
|
6.63%
|
$72.34
|
-9.10%
|
|
|
Mars
|
Jul-25
|
$64.31
|
$62.90
|
2.20%
|
$1.41
|
$59.81
|
7.52%
|
$69.79
|
-7.85%
|
|
|
Sour
|
Jul-25
|
$62.76
|
$62.32
|
0.70%
|
$0.44
|
$59.76
|
5.03%
|
$69.79
|
-10.06%
|
|
|
ESPO
|
Jul-25
|
$64.82
|
$63.62
|
1.85%
|
$1.20
|
$60.84
|
6.53%
|
$73.85
|
-12.23%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/6/25
|
6/5/25
|
% Change
|
Change
|
5/8/25
|
% Change
|
6/6/24
|
% Change
|
|
|
NY Heating Oil
|
Jul-25
|
$2.13
|
$2.09
|
1.72%
|
$0.04
|
$2.03
|
5.08%
|
$2.34
|
-9.17%
|
|
|
NY Gasoline
|
Jul-25
|
$2.08
|
$2.07
|
0.53%
|
$0.01
|
$2.06
|
0.92%
|
$2.25
|
-7.68%
|
|
|
GC Gasoline
|
Jul-25
|
$1.98
|
$1.97
|
0.56%
|
$0.01
|
$1.96
|
0.97%
|
$2.15
|
-8.03%
|
|
|
GC Jet
|
Jul-25
|
$1.95
|
$1.92
|
1.35%
|
$0.03
|
$1.83
|
6.34%
|
$2.26
|
-14.01%
|
|
|
Chicago Ethanol
|
Jul-25
|
$1.68
|
$1.67
|
0.90%
|
$0.01
|
$1.73
|
-2.38%
|
$1.66
|
1.69%
|
|
|
Rotterdam Gasoil
|
Jul-25
|
$622.25
|
$621.62
|
0.10%
|
$0.63
|
$605.68
|
2.74%
|
$671.58
|
-7.35%
|
|
|
Singapore Jet Kero
|
Jul-25
|
$78.98
|
$78.93
|
0.07%
|
$0.05
|
$77.87
|
1.43%
|
$92.26
|
-14.39%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/6/25
|
6/5/25
|
% Change
|
Change
|
5/8/25
|
% Change
|
6/6/24
|
% Change
|
|
|
Henry Hub Straddle
|
Jul-25
|
59.00%
|
60.54%
|
-2.54%
|
-1.54%
|
64.67%
|
-8.77%
|
36.15%
|
63.21%
|
|
|
Algonquin Straddle
|
Jul-25
|
56.44%
|
59.12%
|
-4.53%
|
-2.68%
|
59.96%
|
-5.87%
|
35.58%
|
58.63%
|
|
|
Waha Straddle
|
Jul-25
|
94.14%
|
111.60%
|
-15.65%
|
-17.46%
|
123.57%
|
-23.82%
|
41.74%
|
125.54%
|
|
|
Chicago Straddle
|
Jul-25
|
59.48%
|
63.02%
|
-5.62%
|
-3.54%
|
67.80%
|
-12.27%
|
37.09%
|
60.37%
|
|
|
PJM West Straddle
|
Jul-25
|
86.46%
|
84.52%
|
2.30%
|
1.94%
|
65.93%
|
31.14%
|
50.09%
|
72.61%
|
|
|
SP – 15 Straddle
|
Jul-25
|
303.40%
|
294.04%
|
3.18%
|
9.36%
|
206.43%
|
46.97%
|
47.01%
|
545.39%
|
|
|
Mid. C Straddle
|
Jul-25
|
172.13%
|
171.40%
|
0.43%
|
0.73%
|
121.71%
|
41.43%
|
51.72%
|
232.81%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/6/25
|
6/5/25
|
% Change
|
Change
|
5/8/25
|
% Change
|
6/6/24
|
% Change
|
|
|
Dutch TTF
|
Jul-25
|
EUR 36.51
|
EUR 36.68
|
-0.47%
|
-EUR 0.17
|
EUR 35.72
|
2.19%
|
EUR 34.48
|
5.88%
|
|
|
NBP
|
Jul-25
|
GBP 84.98
|
GBP 86.30
|
-1.53%
|
-GBP 1.32
|
GBP 84.62
|
0.42%
|
GBP 83.56
|
1.70%
|
|
|
German Base
|
Jul-25
|
EUR 81.07
|
EUR 80.42
|
0.80%
|
EUR 0.64
|
EUR 79.74
|
1.67%
|
EUR 81.54
|
-0.58%
|
|
|
UK Base
|
Jul-25
|
GBP 76.25
|
GBP 75.50
|
1.00%
|
GBP 0.75
|
GBP 76.23
|
0.03%
|
GBP 74.64
|
2.16%
|
|
|
French Base
|
Jul-25
|
EUR 42.50
|
EUR 41.67
|
2.00%
|
EUR 0.83
|
EUR 33.43
|
27.15%
|
EUR 54.62
|
-22.18%
|
|
|
Italian Base
|
Jul-25
|
EUR 120.47
|
EUR 120.02
|
0.37%
|
EUR 0.45
|
EUR 112.98
|
6.63%
|
EUR 100.04
|
20.43%
|
|
|
JKM LNG
|
Jul-25
|
$12.48
|
$12.67
|
-1.51%
|
-$0.19
|
$11.93
|
4.66%
|
$11.75
|
6.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/6/25
|
6/5/25
|
% Change
|
Change
|
5/8/25
|
% Change
|
6/6/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Jul-25
|
$36.51
|
$36.68
|
-0.47%
|
-$0.17
|
$35.72
|
2.19%
|
$34.48
|
5.88%
|
|
|
USGC-UK Continent Dirty (WET)
|
Jul-25
|
$84.98
|
$86.30
|
-1.53%
|
-$1.32
|
$84.62
|
0.42%
|
$83.56
|
1.70%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jul-25
|
$81.07
|
$80.42
|
0.80%
|
$0.64
|
$79.74
|
1.67%
|
$81.54
|
-0.58%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jul-25
|
$76.25
|
$75.50
|
1.00%
|
$0.75
|
$76.23
|
0.03%
|
$74.64
|
2.16%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jul-25
|
$42.50
|
$41.67
|
2.00%
|
$0.83
|
$33.43
|
27.15%
|
$54.62
|
-22.18%
|
|
|
Supramax Timecharter (DRY)
|
Jul-25
|
$120.47
|
$120.02
|
0.37%
|
$0.45
|
$112.98
|
6.63%
|
$100.04
|
20.43%
|
|
|
Capesize Timecharter (DRY)
|
Jul-25
|
$12.48
|
$12.67
|
-1.51%
|
-$0.19
|
$11.93
|
4.66%
|
$11.75
|
6.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/07/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
17
|
11
|
3
|
21
|
9
|
-11
|
NA
|
NA
|
|
|
Middle Atlantic
|
25
|
9
|
-6
|
36
|
-3
|
-47
|
NA
|
NA
|
|
|
E N Central
|
14
|
-10
|
-12
|
31
|
-45
|
-47
|
NA
|
NA
|
|
|
W N Central
|
27
|
-4
|
-9
|
69
|
-36
|
-26
|
-34.00%
|
-27.00%
|
|
|
South Atlantic
|
63
|
2
|
-4
|
497
|
76
|
2
|
18.00%
|
0.00%
|
|
|
E S Central
|
63
|
9
|
2
|
313
|
66
|
-17
|
27.00%
|
-5.00%
|
|
|
W S Central
|
101
|
16
|
4
|
667
|
155
|
5
|
30.00%
|
1.00%
|
|
|
Mountain
|
35
|
-4
|
-15
|
169
|
-15
|
26
|
-8.00%
|
18.00%
|
|
|
Pacific
|
11
|
-5
|
-4
|
42
|
-31
|
24
|
NA
|
NA
|
|
|
United States
|
39
|
1
|
-5
|
220
|
20
|
-11
|
10.00%
|
-5.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/07/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
24
|
-4
|
11
|
6,160
|
-413
|
472
|
-6.00%
|
8.00%
|
|
|
Middle Atlantic
|
18
|
-1
|
11
|
5,341
|
-550
|
409
|
-9.00%
|
8.00%
|
|
|
E N Central
|
21
|
-2
|
9
|
5,924
|
-546
|
621
|
-8.00%
|
12.00%
|
|
|
W N Central
|
15
|
-6
|
7
|
6,134
|
-588
|
488
|
-9.00%
|
9.00%
|
|
|
South Atlantic
|
5
|
1
|
2
|
2,593
|
-257
|
136
|
-9.00%
|
5.00%
|
|
|
E S Central
|
2
|
-3
|
-1
|
3,182
|
-420
|
102
|
-12.00%
|
3.00%
|
|
|
W S Central
|
0
|
-1
|
0
|
1,943
|
-344
|
-100
|
-15.00%
|
-5.00%
|
|
|
Mountain
|
22
|
-7
|
8
|
4,731
|
-425
|
-115
|
-8.00%
|
-2.00%
|
|
|
Pacific
|
8
|
-18
|
-8
|
3,052
|
-126
|
-19
|
-4.00%
|
-1.00%
|
|
|
United States
|
12
|
-4
|
4
|
4,115
|
-386
|
225
|
-9.00%
|
6.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|

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