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Prices as of 7:24 AM CST
|
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|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.580
|
$3.739
|
-4.25%
|
-$0.159
|
22,568
|
|
|
WTI
|
$65.35
|
$65.52
|
-0.26%
|
-$0.17
|
43,740
|
|
|
Brent
|
$67.68
|
$67.77
|
-0.13%
|
-$0.09
|
320
|
|
|
ULSD
|
$2.313
|
$2.307
|
0.25%
|
$0.006
|
57
|
|
|
RBOB
|
$2.087
|
$2.090
|
-0.14%
|
-$0.003
|
46
|
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|
Spreads
|
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Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
WTI-Brent
|
$2.32
|
$2.25
|
3.11%
|
$0.07
|
Aug-25
|
|
|
3:2:1 Crack
|
$24.27
|
$23.80
|
1.97%
|
$0.47
|
Aug-25
|
|
|
PJM West Spark
|
NA
|
NA
|
NA
|
NA
|
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.
|
06/27/25
|
547
|
-7
|
-34
|
06/28/24
|
|
|
Canada
|
06/27/25
|
140
|
1
|
-36
|
06/28/24
|
|
|
International
|
May
|
886
|
-5
|
-67
|
May
|
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CFTC Net Positions
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As of 6/24/2025
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
PJM West On Peak
|
102,947
|
102,647
|
102,144
|
503
|
|
|
PJM West Off Peak
|
91,048
|
90,918
|
90,345
|
573
|
|
|
Natural Gas Henry Hub
|
364,271
|
347,530
|
352,021
|
-4,491
|
|
|
WTI – Light Sweet Crude Futures
|
172,759
|
144,248
|
131,238
|
13,010
|
|
|
Brent Crude Last Day
|
217,471
|
208,169
|
209,697
|
-1,528
|
|
|
NYM Ethanol
|
30,244
|
29,622
|
29,827
|
-205
|
|
|
Mt Belvieu LDH Propane Swap
|
159,002
|
158,311
|
158,546
|
-235
|
|
|
RBOB
|
356,627
|
333,127
|
341,787
|
-8,660
|
|
|
HSC Basis
|
830,992
|
825,339
|
824,817
|
522
|
|
|
|
|
|
|
|
|
|
|
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%
|
|
|
|
|
|
|
|
|
|
|
|
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|
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Short Term Energy Outlook
|

|

|
|

|

|
|

|

|
|
|
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|
|
|
|
|
|
|
|
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|
EIA Lower 48 Natural Gas Storage
|
|
|
|
|
|
|
|
|
|
|
|
06/26/20
|
|
|
|
|
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%
|
|
|
Midwest
|
665
|
638
|
27
|
4.23%
|
753
|
-11.69%
|
667
|
-0.33%
|
|
|
Mountain
|
223
|
216
|
7
|
3.24%
|
237
|
-5.91%
|
176
|
26.42%
|
|
|
Pacific
|
281
|
274
|
7
|
2.55%
|
283
|
-0.71%
|
254
|
10.63%
|
|
|
South
|
1,140
|
1,111
|
29
|
2.61%
|
1,179
|
-3.31%
|
1,084
|
5.17%
|
|
|
Salt
|
352
|
350
|
2
|
0.57%
|
334
|
5.39%
|
314
|
12.10%
|
|
|
Non_Salt
|
788
|
761
|
27
|
3.55%
|
845
|
-6.75%
|
770
|
2.34%
|
|
|
Total
|
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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|
|
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|
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|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/27/25
|
6/26/25
|
% Change
|
Change
|
5/29/25
|
% Change
|
6/27/24
|
% Change
|
|
|
PJM West On Peak
|
Jul-25
|
$78.51
|
$76.47
|
2.67%
|
$2.05
|
$75.11
|
4.53%
|
$71.90
|
9.20%
|
|
|
ERCOT North On Peak
|
Jul-25
|
$96.68
|
$102.17
|
-5.37%
|
-$5.49
|
$81.63
|
18.45%
|
$107.76
|
-10.27%
|
|
|
CAISO SP 15 On Peak
|
Jul-25
|
$53.15
|
$53.75
|
-1.11%
|
-$0.60
|
$54.70
|
-2.82%
|
$75.21
|
-29.33%
|
|
|
MISO Indiana On Peak
|
Jul-25
|
$72.41
|
$70.18
|
3.18%
|
$2.23
|
$67.98
|
6.53%
|
$70.21
|
3.14%
|
|
|
NEISO Mass On Peak
|
Jul-25
|
$69.53
|
$67.01
|
3.76%
|
$2.52
|
$69.95
|
-0.60%
|
$77.39
|
-10.15%
|
|
|
WECC Mid C On Peak
|
Jul-25
|
$90.05
|
$84.88
|
6.09%
|
$5.17
|
$79.91
|
12.69%
|
$112.35
|
-19.85%
|
|
|
NYISO Zone G On Peak
|
Jul-25
|
$62.28
|
$69.82
|
-10.79%
|
-$7.53
|
$67.60
|
-7.87%
|
$75.27
|
-17.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/27/25
|
6/26/25
|
% Change
|
Change
|
5/29/25
|
% Change
|
6/27/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Aug-25
|
$3.739
|
$3.526
|
6.04%
|
$0.21
|
$3.60
|
3.77%
|
$3.45
|
8.35%
|
|
|
Houston Ship Channel
|
Aug-25
|
-$0.423
|
-$0.429
|
-1.44%
|
$0.01
|
-$0.33
|
26.50%
|
-$0.33
|
27.92%
|
|
|
Chicago
|
Aug-25
|
-$0.512
|
-$0.520
|
1.37%
|
$0.01
|
-$0.49
|
5.58%
|
-$0.38
|
33.39%
|
|
|
Waha
|
Aug-25
|
-$1.788
|
-$1.707
|
-4.74%
|
-$0.08
|
-$1.74
|
2.69%
|
-$0.72
|
149.37%
|
|
|
Algonquin
|
Aug-25
|
-$0.723
|
-$0.678
|
-6.65%
|
-$0.05
|
-$0.46
|
55.69%
|
-$0.22
|
229.78%
|
|
|
Aeco
|
Aug-25
|
-$2.646
|
-$2.564
|
3.19%
|
-$0.08
|
-$2.20
|
20.03%
|
-$1.48
|
78.28%
|
|
|
Socal
|
Aug-25
|
-$0.030
|
-$0.108
|
-72.53%
|
$0.08
|
$0.19
|
-115.99%
|
$1.40
|
-102.12%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/27/25
|
6/26/25
|
% Change
|
Change
|
5/29/25
|
% Change
|
6/27/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Jul-25
|
$0.740
|
$0.745
|
-0.66%
|
$0.00
|
$0.75
|
-1.48%
|
$0.75
|
-0.74%
|
|
|
Mt. Belvieu Propane non LST
|
Jul-25
|
$0.730
|
$0.740
|
-1.35%
|
-$0.01
|
$0.75
|
-2.66%
|
$0.75
|
-3.26%
|
|
|
Mt. Belview Ethane
|
Jul-25
|
$0.234
|
$0.224
|
4.07%
|
$0.01
|
$0.23
|
-0.20%
|
$0.25
|
-7.28%
|
|
|
Mt. Belview Nat. Gasoline
|
Jul-25
|
$1.269
|
$1.267
|
0.10%
|
$0.00
|
$1.25
|
1.69%
|
$1.50
|
-15.23%
|
|
|
Mt. Belvieu Butane LST
|
Jul-25
|
$0.790
|
$0.812
|
-2.71%
|
-$0.02
|
$0.83
|
-4.81%
|
$0.86
|
-8.16%
|
|
|
Far East Propane
|
Jul-25
|
$5.330
|
$5.400
|
-1.31%
|
-$0.07
|
$5.30
|
0.56%
|
$5.59
|
-4.60%
|
|
|
Saudi Propane
|
Jul-25
|
$5.939
|
$5.928
|
0.18%
|
$0.01
|
$5.67
|
4.73%
|
$5.23
|
13.64%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/27/25
|
6/26/25
|
% Change
|
Change
|
5/29/25
|
% Change
|
6/27/24
|
% Change
|
|
|
WTI
|
Aug-25
|
$65.52
|
$65.24
|
0.43%
|
$0.28
|
$60.20
|
8.84%
|
$74.62
|
-12.20%
|
|
|
Brent
|
Aug-25
|
$67.77
|
$67.73
|
0.06%
|
$0.04
|
$63.35
|
6.98%
|
$79.66
|
-14.93%
|
|
|
WCS
|
Aug-25
|
-$10.31
|
-$10.00
|
2.95%
|
-$0.30
|
-$8.84
|
16.62%
|
-$12.70
|
-18.84%
|
|
|
LLS
|
Aug-25
|
$66.02
|
$65.38
|
0.97%
|
$0.64
|
$61.61
|
7.16%
|
$76.71
|
-13.93%
|
|
|
Mars
|
Aug-25
|
$64.93
|
$64.08
|
1.31%
|
$0.85
|
$60.03
|
8.16%
|
$74.31
|
-12.62%
|
|
|
Sour
|
Aug-25
|
$65.67
|
$64.97
|
1.07%
|
$0.70
|
$60.24
|
9.02%
|
$74.61
|
-11.98%
|
|
|
ESPO
|
Aug-25
|
$65.77
|
$65.73
|
0.06%
|
$0.04
|
$61.35
|
7.20%
|
$77.66
|
-15.31%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/27/25
|
6/26/25
|
% Change
|
Change
|
5/29/25
|
% Change
|
6/27/24
|
% Change
|
|
|
NY Heating Oil
|
Jul-25
|
$2.33
|
$2.36
|
-1.27%
|
-$0.03
|
$2.03
|
14.56%
|
$2.50
|
-6.69%
|
|
|
NY Gasoline
|
Jul-25
|
$2.10
|
$2.10
|
-0.05%
|
$0.00
|
$2.06
|
1.65%
|
$2.36
|
-11.29%
|
|
|
GC Gasoline
|
Jul-25
|
$1.96
|
$1.96
|
-0.05%
|
$0.00
|
$1.96
|
-0.31%
|
$2.26
|
-13.56%
|
|
|
GC Jet
|
Jul-25
|
$2.05
|
$2.15
|
-4.38%
|
-$0.09
|
$1.85
|
10.79%
|
$2.39
|
-13.99%
|
|
|
Chicago Ethanol
|
Jul-25
|
$1.67
|
$1.64
|
1.82%
|
$0.03
|
$1.75
|
-4.45%
|
$1.65
|
1.70%
|
|
|
Rotterdam Gasoil
|
Jul-25
|
$625.09
|
$638.66
|
-2.13%
|
-$13.57
|
$610.05
|
2.46%
|
$722.08
|
-13.43%
|
|
|
Singapore Jet Kero
|
Jul-25
|
$86.83
|
$85.75
|
1.26%
|
$1.08
|
$79.25
|
9.56%
|
$97.82
|
-11.24%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/27/25
|
6/26/25
|
% Change
|
Change
|
5/29/25
|
% Change
|
6/27/24
|
% Change
|
|
|
Henry Hub Straddle
|
Aug-25
|
54.50%
|
55.55%
|
-1.89%
|
-1.05%
|
62.77%
|
-13.18%
|
38.44%
|
41.78%
|
|
|
Algonquin Straddle
|
Aug-25
|
61.60%
|
64.10%
|
-3.90%
|
-2.50%
|
64.65%
|
-4.72%
|
41.27%
|
49.26%
|
|
|
Waha Straddle
|
Aug-25
|
86.72%
|
87.90%
|
-1.34%
|
-1.18%
|
119.71%
|
-27.56%
|
57.05%
|
52.01%
|
|
|
Chicago Straddle
|
Aug-25
|
60.07%
|
58.69%
|
2.35%
|
1.38%
|
65.23%
|
-7.91%
|
43.50%
|
38.09%
|
|
|
PJM West Straddle
|
Aug-25
|
80.75%
|
72.80%
|
10.92%
|
7.95%
|
69.46%
|
16.25%
|
58.30%
|
38.51%
|
|
|
SP – 15 Straddle
|
Aug-25
|
198.26%
|
190.91%
|
3.85%
|
7.35%
|
302.76%
|
-34.52%
|
75.21%
|
163.61%
|
|
|
Mid. C Straddle
|
Aug-25
|
148.77%
|
149.31%
|
-0.36%
|
-0.54%
|
106.89%
|
39.18%
|
92.93%
|
60.09%
|
|
|
|
|
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Euro Gas and Power/LNG
|
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OTCGH/EOXLive Market Data
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|
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|
Contract
|
6/27/25
|
6/26/25
|
% Change
|
Change
|
5/29/25
|
% Change
|
6/27/24
|
% Change
|
|
|
Dutch TTF
|
Aug-25
|
EUR 33.76
|
EUR 34.02
|
-0.75%
|
-EUR 0.25
|
EUR 35.28
|
-4.29%
|
EUR 36.51
|
-7.53%
|
|
|
NBP
|
Aug-25
|
GBP 78.10
|
GBP 80.42
|
-2.89%
|
-GBP 2.33
|
GBP 83.64
|
-6.63%
|
GBP 90.63
|
-13.83%
|
|
|
German Base
|
Aug-25
|
EUR 78.51
|
EUR 77.09
|
1.84%
|
EUR 1.42
|
EUR 79.22
|
-0.89%
|
EUR 84.51
|
-7.10%
|
|
|
UK Base
|
Aug-25
|
GBP 68.78
|
GBP 70.90
|
-2.98%
|
-GBP 2.12
|
GBP 73.81
|
-6.81%
|
GBP 76.60
|
-10.21%
|
|
|
French Base
|
Aug-25
|
EUR 45.34
|
EUR 45.16
|
0.40%
|
EUR 0.18
|
EUR 44.86
|
1.07%
|
EUR 52.08
|
-12.95%
|
|
|
Italian Base
|
Aug-25
|
EUR 114.43
|
EUR 115.67
|
-1.07%
|
-EUR 1.24
|
EUR 115.78
|
-1.17%
|
EUR 109.12
|
4.87%
|
|
|
JKM LNG
|
Aug-25
|
$12.87
|
$13.04
|
-1.31%
|
-$0.17
|
$12.06
|
6.72%
|
$13.06
|
-1.46%
|
|
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Freight Forwards (WET & DRY)
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|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
6/27/25
|
6/26/25
|
% Change
|
Change
|
5/29/25
|
% Change
|
6/27/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Aug-25
|
$33.76
|
$34.02
|
-0.75%
|
-$0.25
|
$35.28
|
-4.29%
|
$36.51
|
-7.53%
|
|
|
USGC-UK Continent Dirty (WET)
|
Aug-25
|
$78.10
|
$80.42
|
-2.89%
|
-$2.33
|
$83.64
|
-6.63%
|
$90.63
|
-13.83%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Aug-25
|
$78.51
|
$77.09
|
1.84%
|
$1.42
|
$79.22
|
-0.89%
|
$84.51
|
-7.10%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Aug-25
|
$68.78
|
$70.90
|
-2.98%
|
-$2.12
|
$73.81
|
-6.81%
|
$76.60
|
-10.21%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Aug-25
|
$45.34
|
$45.16
|
0.40%
|
$0.18
|
$44.86
|
1.07%
|
$52.08
|
-12.95%
|
|
|
Supramax Timecharter (DRY)
|
Aug-25
|
$114.43
|
$115.67
|
-1.07%
|
-$1.24
|
$115.78
|
-1.17%
|
$109.12
|
4.87%
|
|
|
Capesize Timecharter (DRY)
|
Aug-25
|
$12.87
|
$13.04
|
-1.31%
|
-$0.17
|
$12.06
|
6.72%
|
$13.06
|
-1.46%
|
|
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|
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|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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