|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:30 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$3.901
|
$3.851
|
1.30%
|
$0.050
|
20,272
|
|
|
|
WTI
|
$75.06
|
$74.84
|
0.29%
|
$0.22
|
12,883
|
|
|
|
Brent
|
$76.55
|
$76.45
|
0.13%
|
$0.10
|
25,310
|
|
|
|
ULSD
|
$2.528
|
$2.505
|
0.91%
|
$0.023
|
3,748
|
|
|
|
RBOB
|
$2.292
|
$2.272
|
0.88%
|
$0.020
|
2,609
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$3.18
|
$3.18
|
0.00%
|
$0.00
|
Aug-25
|
|
|
|
3:2:1 Crack
|
$25.17
|
$24.56
|
2.47%
|
$0.61
|
Jul-25
|
|
|
|
PJM West Spark
|
$71.44
|
$67.06
|
6.54%
|
$4.39
|
Jul-25
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
06/13/25
|
555
|
-4
|
-35
|
06/14/24
|
|
|
|
Canada
|
06/13/25
|
138
|
24
|
-22
|
06/14/24
|
|
|
|
International
|
May
|
886
|
-5
|
-67
|
May
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 6/10/2025
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
99,777
|
99,177
|
99,059
|
118
|
|
|
|
PJM West Off Peak
|
86,358
|
86,234
|
85,665
|
569
|
|
|
|
Natural Gas Henry Hub
|
355,121
|
339,475
|
342,871
|
-3,396
|
|
|
|
WTI – Light Sweet Crude Futures
|
316,678
|
264,282
|
240,329
|
23,953
|
|
|
|
Brent Crude Last Day
|
205,556
|
198,048
|
197,574
|
474
|
|
|
|
NYM Ethanol
|
26,991
|
26,268
|
26,574
|
-306
|
|
|
|
Mt Belvieu LDH Propane Swap
|
154,002
|
153,370
|
153,518
|
-148
|
|
|
|
RBOB
|
396,992
|
373,842
|
376,645
|
-2,803
|
|
|
|
HSC Basis
|
822,918
|
817,997
|
818,933
|
-936
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
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%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Short Term Energy Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EIA Lower 48 Natural Gas Storage
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/12/20
|
|
|
|
|
|
6/6/25
|
5/30/25
|
Net Change
|
% Change
|
6/7/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
531
|
498
|
33
|
6.63%
|
603
|
-11.94%
|
526
|
0.91%
|
|
|
|
Midwest
|
608
|
579
|
29
|
5.01%
|
712
|
-14.61%
|
617
|
-1.43%
|
|
|
|
Mountain
|
210
|
205
|
5
|
2.44%
|
224
|
-6.25%
|
163
|
28.83%
|
|
|
|
Pacific
|
266
|
261
|
5
|
1.92%
|
276
|
-3.62%
|
240
|
10.93%
|
|
|
|
South
|
1,091
|
1,055
|
36
|
3.41%
|
1,159
|
-5.87%
|
1,059
|
3.02%
|
|
|
|
Salt
|
351
|
340
|
11
|
3.24%
|
336
|
4.46%
|
314
|
11.93%
|
|
|
|
Non_Salt
|
740
|
715
|
25
|
3.50%
|
823
|
-10.09%
|
745
|
-0.72%
|
|
|
|
Total
|
2,707
|
2,598
|
109
|
4.20%
|
2,974
|
-8.98%
|
2,604
|
3.94%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
6/17/25
|
6/16/25
|
% Change
|
Change
|
5/19/25
|
% Change
|
6/17/24
|
% Change
|
|
|
|
PJM West On Peak
|
Jul-25
|
$79.83
|
$75.29
|
6.03%
|
$4.54
|
$77.70
|
2.74%
|
$81.03
|
-1.47%
|
|
|
|
ERCOT North On Peak
|
Jul-25
|
$71.66
|
$71.73
|
-0.11%
|
-$0.08
|
$95.89
|
-25.28%
|
$108.88
|
-34.19%
|
|
|
|
CAISO SP 15 On Peak
|
Jul-25
|
$52.02
|
$52.50
|
-0.90%
|
-$0.47
|
$51.00
|
2.01%
|
$65.42
|
-20.47%
|
|
|
|
MISO Indiana On Peak
|
Jul-25
|
$70.53
|
$67.62
|
4.30%
|
$2.91
|
$69.73
|
1.15%
|
$79.97
|
-11.81%
|
|
|
|
NEISO Mass On Peak
|
Jul-25
|
$68.19
|
$66.50
|
2.53%
|
$1.69
|
$74.26
|
-8.18%
|
$81.70
|
-16.54%
|
|
|
|
WECC Mid C On Peak
|
Jul-25
|
$75.95
|
$79.99
|
-5.06%
|
-$4.04
|
$71.99
|
5.50%
|
$106.53
|
-28.70%
|
|
|
|
NYISO Zone G On Peak
|
Jul-25
|
$67.38
|
$61.29
|
9.92%
|
$6.08
|
$70.45
|
-4.36%
|
$79.73
|
-15.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
6/17/25
|
6/16/25
|
% Change
|
Change
|
5/19/25
|
% Change
|
6/17/24
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Jul-25
|
$3.851
|
$3.748
|
2.75%
|
$0.10
|
$3.45
|
11.56%
|
$3.52
|
9.37%
|
|
|
|
Houston Ship Channel
|
Jul-25
|
-$0.408
|
-$0.419
|
-2.63%
|
$0.01
|
-$0.31
|
32.07%
|
-$0.34
|
18.93%
|
|
|
|
Chicago
|
Jul-25
|
-$0.488
|
-$0.512
|
4.89%
|
$0.02
|
-$0.45
|
8.85%
|
-$0.37
|
33.60%
|
|
|
|
Waha
|
Jul-25
|
-$1.804
|
-$1.802
|
-0.11%
|
$0.00
|
-$1.64
|
10.16%
|
-$0.66
|
171.62%
|
|
|
|
Algonquin
|
Jul-25
|
-$0.326
|
-$0.444
|
26.61%
|
$0.12
|
$0.20
|
-260.90%
|
-$0.03
|
1050.18%
|
|
|
|
Aeco
|
Jul-25
|
-$2.604
|
-$2.595
|
0.34%
|
-$0.01
|
-$2.11
|
23.49%
|
-$1.47
|
76.67%
|
|
|
|
Socal
|
Jul-25
|
-$0.251
|
-$0.222
|
12.83%
|
-$0.03
|
-$0.40
|
-37.91%
|
$1.17
|
-121.46%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
6/17/25
|
6/16/25
|
% Change
|
Change
|
5/19/25
|
% Change
|
6/17/24
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Jul-25
|
$0.819
|
$0.792
|
3.34%
|
$0.03
|
$0.77
|
5.84%
|
$0.72
|
13.94%
|
|
|
|
Mt. Belvieu Propane non LST
|
Jul-25
|
$0.820
|
$0.792
|
3.51%
|
$0.03
|
$0.77
|
6.18%
|
$0.72
|
13.17%
|
|
|
|
Mt. Belview Ethane
|
Jul-25
|
$0.238
|
$0.238
|
-0.22%
|
$0.00
|
$0.25
|
-3.74%
|
$0.25
|
-4.02%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Jul-25
|
$1.422
|
$1.388
|
2.48%
|
$0.03
|
$1.31
|
8.77%
|
$1.47
|
-3.11%
|
|
|
|
Mt. Belvieu Butane LST
|
Jul-25
|
$0.942
|
$0.917
|
2.71%
|
$0.02
|
$0.85
|
10.66%
|
$0.82
|
14.47%
|
|
|
|
Far East Propane
|
Jul-25
|
$5.750
|
$5.660
|
1.59%
|
$0.09
|
$5.41
|
6.21%
|
$5.41
|
6.33%
|
|
|
|
Saudi Propane
|
Jul-25
|
$5.900
|
$5.841
|
1.01%
|
$0.06
|
$5.58
|
5.73%
|
$5.03
|
17.24%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
6/17/25
|
6/16/25
|
% Change
|
Change
|
5/19/25
|
% Change
|
6/17/24
|
% Change
|
|
|
|
WTI
|
Aug-25
|
$73.27
|
$70.25
|
4.12%
|
$3.02
|
$61.49
|
19.16%
|
$72.97
|
0.41%
|
|
|
|
Brent
|
Aug-25
|
$76.45
|
$73.23
|
4.21%
|
$3.22
|
$64.80
|
17.98%
|
$77.94
|
-1.91%
|
|
|
|
WCS
|
Aug-25
|
-$10.13
|
-$8.77
|
13.48%
|
-$1.37
|
-$10.01
|
1.21%
|
-$12.85
|
-21.15%
|
|
|
|
LLS
|
Aug-25
|
$72.10
|
$70.73
|
1.90%
|
$1.37
|
$62.90
|
14.63%
|
$74.91
|
-3.74%
|
|
|
|
Mars
|
Aug-25
|
$70.32
|
$68.62
|
2.42%
|
$1.70
|
$61.55
|
14.26%
|
$72.56
|
-3.08%
|
|
|
|
Sour
|
Aug-25
|
$70.86
|
$67.98
|
4.07%
|
$2.89
|
$61.25
|
15.70%
|
$72.64
|
-2.45%
|
|
|
|
ESPO
|
Aug-25
|
$74.45
|
$71.23
|
4.33%
|
$3.22
|
$62.80
|
18.55%
|
$75.94
|
-1.96%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
6/17/25
|
6/16/25
|
% Change
|
Change
|
5/19/25
|
% Change
|
6/17/24
|
% Change
|
|
|
|
NY Heating Oil
|
Jul-25
|
$2.51
|
$2.38
|
5.25%
|
$0.13
|
$2.10
|
19.33%
|
$2.45
|
2.16%
|
|
|
|
NY Gasoline
|
Jul-25
|
$2.27
|
$2.20
|
2.81%
|
$0.06
|
$2.09
|
8.68%
|
$2.32
|
-2.45%
|
|
|
|
GC Gasoline
|
Jul-25
|
$2.17
|
$2.11
|
2.95%
|
$0.06
|
$1.99
|
9.11%
|
$2.22
|
-2.56%
|
|
|
|
GC Jet
|
Jul-25
|
$2.36
|
$2.25
|
4.94%
|
$0.11
|
$1.95
|
20.85%
|
$2.36
|
-0.08%
|
|
|
|
Chicago Ethanol
|
Jul-25
|
$1.66
|
$1.66
|
0.00%
|
$0.00
|
$1.75
|
-5.13%
|
$1.80
|
-7.45%
|
|
|
|
Rotterdam Gasoil
|
Jul-25
|
$679.44
|
$671.06
|
1.25%
|
$8.38
|
$617.28
|
10.07%
|
$695.42
|
-2.30%
|
|
|
|
Singapore Jet Kero
|
Jul-25
|
$91.01
|
$86.50
|
5.21%
|
$4.51
|
$78.22
|
16.35%
|
$95.48
|
-4.68%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
6/17/25
|
6/16/25
|
% Change
|
Change
|
5/19/25
|
% Change
|
6/17/24
|
% Change
|
|
|
|
Henry Hub Straddle
|
Aug-25
|
64.07%
|
60.68%
|
5.59%
|
3.39%
|
68.45%
|
-6.40%
|
42.37%
|
51.22%
|
|
|
|
Algonquin Straddle
|
Aug-25
|
66.72%
|
63.04%
|
5.84%
|
3.68%
|
78.13%
|
-14.60%
|
45.06%
|
48.07%
|
|
|
|
Waha Straddle
|
Aug-25
|
93.18%
|
85.36%
|
9.16%
|
7.82%
|
91.03%
|
2.36%
|
63.79%
|
46.07%
|
|
|
|
Chicago Straddle
|
Aug-25
|
66.65%
|
60.54%
|
10.09%
|
6.11%
|
79.39%
|
-16.05%
|
46.47%
|
43.43%
|
|
|
|
PJM West Straddle
|
Aug-25
|
71.32%
|
71.42%
|
-0.14%
|
-0.10%
|
68.30%
|
4.42%
|
62.16%
|
14.74%
|
|
|
|
SP – 15 Straddle
|
Aug-25
|
246.14%
|
236.96%
|
3.87%
|
9.18%
|
278.74%
|
-11.70%
|
64.48%
|
281.73%
|
|
|
|
Mid. C Straddle
|
Aug-25
|
144.34%
|
136.38%
|
5.84%
|
7.96%
|
113.05%
|
27.68%
|
90.19%
|
60.04%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
6/17/25
|
6/16/25
|
% Change
|
Change
|
5/19/25
|
% Change
|
6/17/24
|
% Change
|
|
|
|
Dutch TTF
|
Aug-25
|
EUR 39.61
|
EUR 38.34
|
3.30%
|
EUR 1.27
|
EUR 35.45
|
11.72%
|
EUR 35.45
|
11.72%
|
|
|
|
NBP
|
Aug-25
|
GBP 93.78
|
GBP 90.60
|
3.52%
|
GBP 3.18
|
GBP 83.53
|
12.28%
|
GBP 85.78
|
9.33%
|
|
|
|
German Base
|
Aug-25
|
EUR 88.38
|
EUR 85.75
|
3.06%
|
EUR 2.63
|
EUR 83.41
|
5.95%
|
EUR 85.57
|
3.28%
|
|
|
|
UK Base
|
Aug-25
|
GBP 83.43
|
GBP 80.41
|
3.76%
|
GBP 3.02
|
GBP 74.40
|
12.15%
|
GBP 74.24
|
12.39%
|
|
|
|
French Base
|
Aug-25
|
EUR 46.98
|
EUR 46.00
|
2.13%
|
EUR 0.98
|
EUR 30.49
|
54.11%
|
EUR 55.38
|
-15.16%
|
|
|
|
Italian Base
|
Aug-25
|
EUR 124.54
|
EUR 127.45
|
-2.28%
|
-EUR 2.91
|
EUR 110.02
|
13.20%
|
EUR 105.11
|
18.49%
|
|
|
|
JKM LNG
|
Aug-25
|
$13.91
|
$13.04
|
6.63%
|
$0.86
|
$11.96
|
16.30%
|
$11.85
|
17.37%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
6/17/25
|
6/16/25
|
% Change
|
Change
|
5/19/25
|
% Change
|
6/17/24
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
Aug-25
|
$39.61
|
$38.34
|
3.30%
|
$1.27
|
$35.45
|
11.72%
|
$35.45
|
11.72%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
Aug-25
|
$93.78
|
$90.60
|
3.52%
|
$3.18
|
$83.53
|
12.28%
|
$85.78
|
9.33%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
Aug-25
|
$88.38
|
$85.75
|
3.06%
|
$2.63
|
$83.41
|
5.95%
|
$85.57
|
3.28%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Aug-25
|
$83.43
|
$80.41
|
3.76%
|
$3.02
|
$74.40
|
12.15%
|
$74.24
|
12.39%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Aug-25
|
$46.98
|
$46.00
|
2.13%
|
$0.98
|
$30.49
|
54.11%
|
$55.38
|
-15.16%
|
|
|
|
Supramax Timecharter (DRY)
|
Aug-25
|
$124.54
|
$127.45
|
-2.28%
|
-$2.91
|
$110.02
|
13.20%
|
$105.11
|
18.49%
|
|
|
|
Capesize Timecharter (DRY)
|
Aug-25
|
$13.91
|
$13.04
|
6.63%
|
$0.86
|
$11.96
|
16.30%
|
$11.85
|
17.37%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/14/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
9
|
-1
|
1
|
30
|
9
|
-9
|
NA
|
NA
|
|
|
|
Middle Atlantic
|
22
|
0
|
9
|
58
|
-3
|
-38
|
NA
|
NA
|
|
|
|
E N Central
|
20
|
-10
|
3
|
52
|
-54
|
-44
|
-51.00%
|
-46.00%
|
|
|
|
W N Central
|
34
|
-6
|
-7
|
103
|
-41
|
-33
|
-28.00%
|
-24.00%
|
|
|
|
South Atlantic
|
88
|
19
|
14
|
585
|
95
|
16
|
19.00%
|
3.00%
|
|
|
|
E S Central
|
69
|
5
|
14
|
381
|
71
|
-3
|
23.00%
|
-1.00%
|
|
|
|
W S Central
|
99
|
3
|
-12
|
766
|
159
|
-7
|
26.00%
|
-1.00%
|
|
|
|
Mountain
|
67
|
19
|
-2
|
237
|
6
|
24
|
3.00%
|
11.00%
|
|
|
|
Pacific
|
28
|
9
|
5
|
70
|
-22
|
29
|
NA
|
NA
|
|
|
|
United States
|
49
|
4
|
4
|
269
|
24
|
-7
|
10.00%
|
-3.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/14/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
21
|
2
|
5
|
6,182
|
-410
|
476
|
-6.00%
|
8.00%
|
|
|
|
Middle Atlantic
|
7
|
-5
|
-2
|
5,347
|
-556
|
406
|
-9.00%
|
8.00%
|
|
|
|
E N Central
|
12
|
-3
|
-9
|
5,936
|
-549
|
612
|
-8.00%
|
11.00%
|
|
|
|
W N Central
|
14
|
0
|
5
|
6,148
|
-587
|
493
|
-9.00%
|
9.00%
|
|
|
|
South Atlantic
|
0
|
-2
|
0
|
2,593
|
-259
|
135
|
-9.00%
|
5.00%
|
|
|
|
E S Central
|
0
|
-2
|
-2
|
3,182
|
-422
|
99
|
-12.00%
|
3.00%
|
|
|
|
W S Central
|
0
|
0
|
0
|
1,943
|
-344
|
-100
|
-15.00%
|
-5.00%
|
|
|
|
Mountain
|
4
|
-18
|
2
|
4,735
|
-443
|
-114
|
-9.00%
|
-2.00%
|
|
|
|
Pacific
|
6
|
-14
|
0
|
3,058
|
-140
|
-20
|
-4.00%
|
-1.00%
|
|
|
|
United States
|
6
|
-5
|
-1
|
4,121
|
-392
|
224
|
-9.00%
|
6.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
