|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 8:54 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$3.236
|
$3.209
|
0.84%
|
$0.027
|
56,950
|
|
|
|
WTI
|
$94.21
|
$87.25
|
7.98%
|
$6.96
|
259,227
|
|
|
|
Brent
|
$99.28
|
$91.98
|
7.94%
|
$7.30
|
50,035
|
|
|
|
ULSD
|
$3.985
|
$3.679
|
8.31%
|
$0.306
|
15,767
|
|
|
|
RBOB
|
$2.916
|
$2.788
|
4.57%
|
$0.127
|
12,093
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$6.59
|
$5.91
|
11.51%
|
$0.68
|
May-26
|
|
|
|
3:2:1 Crack
|
$39.63
|
$39.42
|
0.55%
|
$0.22
|
Apr-26
|
|
|
|
PJM West Spark
|
$56.59
|
$51.32
|
10.27%
|
$5.27
|
Apr-26
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
03/06/26
|
551
|
1
|
-41
|
03/07/25
|
|
|
|
Canada
|
03/06/26
|
205
|
-9
|
-29
|
03/07/25
|
|
|
|
International
|
Feb-2026
|
1112
|
33
|
15
|
Feb-2025
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 3/3/2026
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
130,168
|
129,530
|
129,674
|
-144
|
|
|
|
PJM West Off Peak
|
123,322
|
122,858
|
122,813
|
45
|
|
|
|
Natural Gas Henry Hub
|
374,520
|
358,216
|
353,185
|
5,031
|
|
|
|
WTI – Light Sweet Crude Futures
|
188,874
|
157,281
|
157,035
|
246
|
|
|
|
Brent Crude Last Day
|
356,030
|
347,365
|
348,768
|
-1,403
|
|
|
|
NYM Ethanol
|
50,596
|
49,710
|
49,776
|
-66
|
|
|
|
Mt Belvieu LDH Propane Swap
|
137,467
|
136,624
|
136,855
|
-231
|
|
|
|
RBOB
|
415,333
|
389,730
|
402,788
|
-13,058
|
|
|
|
HSC Basis
|
870,511
|
858,755
|
865,370
|
-6,615
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/05/21
|
|
|
|
|
|
2/27/26
|
2/20/26
|
Net Change
|
% Change
|
2/28/25
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
322
|
364
|
-42
|
-11.54%
|
340
|
-5.29%
|
369
|
-12.74%
|
|
|
|
Midwest
|
397
|
441
|
-44
|
-9.98%
|
396
|
0.25%
|
458
|
-13.32%
|
|
|
|
Mountain
|
198
|
201
|
-3
|
-1.49%
|
166
|
19.28%
|
127
|
56.40%
|
|
|
|
Pacific
|
257
|
259
|
-2
|
-0.77%
|
199
|
29.15%
|
173
|
48.38%
|
|
|
|
South
|
712
|
753
|
-41
|
-5.44%
|
658
|
8.21%
|
760
|
-6.29%
|
|
|
|
Salt
|
169
|
179
|
-10
|
-5.59%
|
150
|
12.67%
|
205
|
-17.40%
|
|
|
|
Non_Salt
|
544
|
573
|
-29
|
-5.06%
|
509
|
6.88%
|
555
|
-2.05%
|
|
|
|
Total
|
1,886
|
2,018
|
-132
|
-6.54%
|
1,760
|
7.16%
|
1,887
|
-0.06%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/11/26
|
3/10/26
|
% Change
|
Change
|
2/10/26
|
% Change
|
3/11/25
|
% Change
|
|
|
|
PJM West On Peak
|
Apr-26
|
$63.48
|
$58.19
|
9.10%
|
$5.30
|
$53.02
|
19.73%
|
$52.51
|
20.89%
|
|
|
|
ERCOT North On Peak
|
Apr-26
|
$32.44
|
$30.10
|
7.76%
|
$2.34
|
$32.92
|
-1.46%
|
$43.32
|
-25.12%
|
|
|
|
CAISO SP 15 On Peak
|
Apr-26
|
$9.61
|
$9.99
|
-3.82%
|
-$0.38
|
$12.70
|
-24.36%
|
$12.11
|
-20.69%
|
|
|
|
MISO Indiana On Peak
|
Apr-26
|
$46.71
|
$42.16
|
10.80%
|
$4.55
|
$43.73
|
6.81%
|
$50.20
|
-6.95%
|
|
|
|
NEISO Mass On Peak
|
Apr-26
|
$46.14
|
$43.94
|
5.00%
|
$2.20
|
$45.87
|
0.58%
|
$54.37
|
-15.14%
|
|
|
|
WECC Mid C On Peak
|
Apr-26
|
$28.73
|
$27.75
|
3.55%
|
$0.98
|
$41.00
|
-29.92%
|
$41.59
|
-30.90%
|
|
|
|
NYISO Zone G On Peak
|
Apr-26
|
$47.28
|
$44.99
|
5.10%
|
$2.29
|
$45.58
|
3.73%
|
$51.30
|
-7.84%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/11/26
|
3/10/26
|
% Change
|
Change
|
2/10/26
|
% Change
|
3/11/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Apr-26
|
$3.209
|
$3.020
|
6.26%
|
$0.19
|
$3.03
|
6.05%
|
$4.04
|
-20.59%
|
|
|
|
Houston Ship Channel
|
Apr-26
|
-$0.425
|
-$0.400
|
6.25%
|
-$0.03
|
-$0.44
|
-2.39%
|
-$0.47
|
-9.09%
|
|
|
|
Chicago
|
Apr-26
|
-$0.350
|
-$0.333
|
-5.00%
|
-$0.02
|
-$0.21
|
63.70%
|
-$0.29
|
20.36%
|
|
|
|
Waha
|
Apr-26
|
-$4.960
|
-$5.100
|
-2.75%
|
$0.14
|
-$3.82
|
29.79%
|
-$3.74
|
32.71%
|
|
|
|
Algonquin
|
Apr-26
|
-$0.215
|
-$0.142
|
-50.88%
|
-$0.07
|
$0.22
|
-198.85%
|
$0.46
|
-146.88%
|
|
|
|
Aeco
|
Apr-26
|
-$1.847
|
-$1.715
|
7.73%
|
-$0.13
|
-$1.75
|
5.35%
|
-$1.88
|
-1.53%
|
|
|
|
Socal
|
Apr-26
|
-$1.840
|
-$1.730
|
6.36%
|
-$0.11
|
-$1.33
|
38.67%
|
-$0.73
|
150.65%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/11/26
|
3/10/26
|
% Change
|
Change
|
2/10/26
|
% Change
|
3/11/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Apr-26
|
$0.744
|
$0.728
|
2.23%
|
$0.02
|
$0.64
|
16.21%
|
$0.72
|
3.06%
|
|
|
|
Mt. Belvieu Propane non LST
|
Apr-26
|
$0.710
|
$0.695
|
2.16%
|
$0.02
|
$0.63
|
11.87%
|
$0.72
|
-1.47%
|
|
|
|
Mt. Belview Ethane
|
Apr-26
|
$0.246
|
$0.240
|
2.60%
|
$0.01
|
$0.23
|
5.91%
|
$0.28
|
-12.81%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Apr-26
|
$1.760
|
$1.715
|
2.62%
|
$0.04
|
$1.31
|
34.36%
|
$1.27
|
38.35%
|
|
|
|
Mt. Belvieu Butane LST
|
Apr-26
|
$1.009
|
$1.092
|
-7.53%
|
-$0.08
|
$0.77
|
31.51%
|
$0.81
|
23.86%
|
|
|
|
Far East Propane
|
Apr-26
|
$7.125
|
$6.620
|
7.63%
|
$0.51
|
$5.20
|
37.03%
|
$5.12
|
39.04%
|
|
|
|
Saudi Propane
|
Apr-26
|
$5.680
|
$5.670
|
0.18%
|
$0.01
|
$5.21
|
9.13%
|
$4.96
|
14.42%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/11/26
|
3/10/26
|
% Change
|
Change
|
2/10/26
|
% Change
|
3/11/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$86.07
|
$82.10
|
4.61%
|
$3.97
|
$63.61
|
35.31%
|
$62.43
|
37.87%
|
|
|
|
Brent
|
May-26
|
$91.98
|
$87.80
|
4.54%
|
$4.18
|
$68.11
|
35.05%
|
$66.12
|
39.11%
|
|
|
|
WCS
|
May-26
|
-$11.82
|
-$10.76
|
9.02%
|
-$1.07
|
-$14.75
|
-19.84%
|
-$12.88
|
-8.22%
|
|
|
|
LLS
|
May-26
|
$79.11
|
$88.65
|
-12.07%
|
-$9.54
|
$65.14
|
21.45%
|
$65.63
|
20.54%
|
|
|
|
Mars
|
May-26
|
$84.01
|
$88.02
|
-4.78%
|
-$4.01
|
$62.24
|
34.97%
|
$63.23
|
32.85%
|
|
|
|
Sour
|
May-26
|
$80.40
|
$91.60
|
-13.93%
|
-$11.20
|
$64.07
|
25.49%
|
$62.90
|
27.82%
|
|
|
|
ESPO
|
May-26
|
$89.98
|
$85.80
|
4.65%
|
$4.18
|
$66.11
|
36.11%
|
$64.12
|
40.33%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/11/26
|
3/10/26
|
% Change
|
Change
|
2/10/26
|
% Change
|
3/11/25
|
% Change
|
|
|
|
NY Heating Oil
|
Apr-26
|
$3.70
|
$3.40
|
8.85%
|
$0.30
|
$2.34
|
58.03%
|
$2.13
|
74.00%
|
|
|
|
NY Gasoline
|
Apr-26
|
$2.80
|
$2.70
|
3.48%
|
$0.09
|
$2.19
|
27.47%
|
$2.00
|
39.90%
|
|
|
|
GC Gasoline
|
Apr-26
|
$2.66
|
$2.56
|
3.67%
|
$0.09
|
$2.06
|
29.34%
|
$1.90
|
39.89%
|
|
|
|
GC Jet
|
Apr-26
|
$3.34
|
$3.40
|
-1.74%
|
-$0.06
|
$2.11
|
57.95%
|
$1.97
|
69.49%
|
|
|
|
Chicago Ethanol
|
Apr-26
|
$1.87
|
$1.80
|
3.60%
|
$0.07
|
$1.70
|
10.32%
|
$1.67
|
11.64%
|
|
|
|
Rotterdam Gasoil
|
Apr-26
|
$862.75
|
$820.00
|
5.21%
|
$42.75
|
$633.48
|
36.19%
|
$624.45
|
38.16%
|
|
|
|
Singapore Jet Kero
|
Apr-26
|
$150.77
|
$126.50
|
19.19%
|
$24.27
|
$85.74
|
75.85%
|
$82.68
|
82.36%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/11/26
|
3/10/26
|
% Change
|
Change
|
2/10/26
|
% Change
|
3/11/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
Apr-26
|
74.89%
|
80.86%
|
-7.38%
|
-5.97%
|
61.54%
|
21.69%
|
43.11%
|
73.72%
|
|
|
|
Algonquin Straddle
|
Apr-26
|
115.70%
|
134.25%
|
-13.82%
|
-18.55%
|
56.30%
|
105.51%
|
40.14%
|
188.24%
|
|
|
|
Waha Straddle
|
Apr-26
|
842.69%
|
936.96%
|
-10.06%
|
-94.27%
|
1563.32%
|
-46.10%
|
1075.54%
|
-21.65%
|
|
|
|
Chicago Straddle
|
Apr-26
|
77.90%
|
83.44%
|
-6.64%
|
-5.54%
|
63.78%
|
22.14%
|
44.06%
|
76.80%
|
|
|
|
PJM West Straddle
|
Apr-26
|
56.15%
|
49.99%
|
12.32%
|
6.16%
|
48.12%
|
16.69%
|
54.42%
|
3.18%
|
|
|
|
SP – 15 Straddle
|
Apr-26
|
327.48%
|
320.94%
|
2.04%
|
6.54%
|
485.48%
|
-32.55%
|
234.18%
|
39.84%
|
|
|
|
Mid. C Straddle
|
Apr-26
|
19.88%
|
31.53%
|
-36.95%
|
-11.65%
|
45.01%
|
-55.83%
|
31.31%
|
-36.51%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/11/26
|
3/10/26
|
% Change
|
Change
|
2/10/26
|
% Change
|
3/11/25
|
% Change
|
|
|
|
Dutch TTF
|
Apr-26
|
EUR 49.13
|
EUR 45.45
|
8.09%
|
EUR 3.67
|
EUR 30.32
|
62.02%
|
EUR 34.66
|
41.75%
|
|
|
|
NBP
|
Apr-26
|
GBP 125.00
|
GBP 115.81
|
7.94%
|
GBP 9.19
|
GBP 72.85
|
71.59%
|
GBP 91.42
|
36.73%
|
|
|
|
German Base
|
Apr-26
|
EUR 90.33
|
EUR 88.65
|
1.90%
|
EUR 1.68
|
EUR 75.94
|
18.95%
|
EUR 74.09
|
21.91%
|
|
|
|
UK Base
|
Apr-26
|
GBP 95.72
|
GBP 96.29
|
-0.59%
|
-GBP 0.57
|
GBP 73.57
|
30.12%
|
GBP 77.11
|
24.14%
|
|
|
|
French Base
|
Apr-26
|
EUR 41.81
|
EUR 45.18
|
-7.46%
|
-EUR 3.37
|
EUR 36.85
|
13.46%
|
EUR 47.97
|
-12.85%
|
|
|
|
Italian Base
|
Apr-26
|
EUR 118.59
|
EUR 116.85
|
1.49%
|
EUR 1.74
|
EUR 96.99
|
22.27%
|
EUR 95.76
|
23.85%
|
|
|
|
JKM LNG
|
Apr-26
|
$16.37
|
$13.02
|
25.77%
|
$3.35
|
$10.30
|
58.95%
|
$11.42
|
43.39%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/11/26
|
3/10/26
|
% Change
|
Change
|
2/10/26
|
% Change
|
3/11/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
Apr-26
|
$49.13
|
$45.45
|
8.09%
|
$3.67
|
$30.32
|
62.02%
|
$34.66
|
41.75%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
Apr-26
|
$125.00
|
$115.81
|
7.94%
|
$9.19
|
$72.85
|
71.59%
|
$91.42
|
36.73%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
Apr-26
|
$90.33
|
$88.65
|
1.90%
|
$1.68
|
$75.94
|
18.95%
|
$74.09
|
21.91%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Apr-26
|
$95.72
|
$96.29
|
-0.59%
|
-$0.57
|
$73.57
|
30.12%
|
$77.11
|
24.14%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Apr-26
|
$41.81
|
$45.18
|
-7.46%
|
-$3.37
|
$36.85
|
13.46%
|
$47.97
|
-12.85%
|
|
|
|
Supramax Timecharter (DRY)
|
Apr-26
|
$118.59
|
$116.85
|
1.49%
|
$1.74
|
$96.99
|
22.27%
|
$95.76
|
23.85%
|
|
|
|
Capesize Timecharter (DRY)
|
Apr-26
|
$16.37
|
$13.02
|
25.77%
|
$3.35
|
$10.30
|
58.95%
|
$11.42
|
43.39%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/07/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
|
Middle Atlantic
|
0
|
0
|
0
|
0
|
0
|
0
|
NA
|
NA
|
|
|
|
E N Central
|
0
|
-1
|
0
|
0
|
-1
|
0
|
NA
|
NA
|
|
|
|
W N Central
|
0
|
-1
|
0
|
0
|
-1
|
0
|
NA
|
NA
|
|
|
|
South Atlantic
|
19
|
9
|
12
|
60
|
-14
|
4
|
NA
|
NA
|
|
|
|
E S Central
|
11
|
8
|
11
|
14
|
-1
|
13
|
NA
|
NA
|
|
|
|
W S Central
|
36
|
27
|
28
|
88
|
49
|
50
|
NA
|
NA
|
|
|
|
Mountain
|
3
|
2
|
3
|
8
|
3
|
5
|
NA
|
NA
|
|
|
|
Pacific
|
0
|
-1
|
0
|
2
|
-2
|
2
|
NA
|
NA
|
|
|
|
United States
|
8
|
5
|
6
|
23
|
3
|
8
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/07/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
250
|
17
|
22
|
5,161
|
160
|
361
|
3.00%
|
8.00%
|
|
|
|
Middle Atlantic
|
204
|
-10
|
6
|
4,648
|
102
|
394
|
2.00%
|
9.00%
|
|
|
|
E N Central
|
171
|
-55
|
-49
|
4,918
|
-143
|
211
|
-3.00%
|
4.00%
|
|
|
|
W N Central
|
182
|
-44
|
-30
|
4,740
|
-649
|
-257
|
-12.00%
|
-5.00%
|
|
|
|
South Atlantic
|
59
|
-44
|
-45
|
2,328
|
-8
|
104
|
0.00%
|
5.00%
|
|
|
|
E S Central
|
38
|
-86
|
-92
|
2,729
|
-248
|
-10
|
-8.00%
|
0.00%
|
|
|
|
W S Central
|
14
|
-62
|
-39
|
1,505
|
-483
|
-236
|
-24.00%
|
-14.00%
|
|
|
|
Mountain
|
125
|
-34
|
-31
|
3,099
|
-895
|
-561
|
-22.00%
|
-15.00%
|
|
|
|
Pacific
|
79
|
-22
|
-45
|
1,828
|
-529
|
-400
|
-22.00%
|
-18.00%
|
|
|
|
United States
|
117
|
-39
|
-35
|
3,287
|
-257
|
-16
|
-7.00%
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
