|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 9:19 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$3.146
|
$3.233
|
-2.69%
|
-$0.087
|
42,947
|
|
|
|
WTI
|
$93.35
|
$95.73
|
-2.49%
|
-$2.38
|
197,478
|
|
|
|
Brent
|
$98.84
|
$100.46
|
-1.61%
|
-$1.62
|
37,493
|
|
|
|
ULSD
|
$3.812
|
$3.899
|
-2.22%
|
-$0.087
|
9,600
|
|
|
|
RBOB
|
$2.911
|
$2.965
|
-1.81%
|
-$0.054
|
11,474
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$6.60
|
$6.03
|
9.45%
|
$0.57
|
May-26
|
|
|
|
3:2:1 Crack
|
$38.95
|
$38.61
|
0.88%
|
$0.34
|
Apr-26
|
|
|
|
PJM West Spark
|
$55.40
|
$56.56
|
-2.06%
|
-$1.16
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/12/21
|
|
|
|
|
|
3/6/26
|
2/27/26
|
Net Change
|
% Change
|
3/7/25
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
294
|
322
|
-28
|
-8.70%
|
307
|
-4.23%
|
346
|
-14.93%
|
|
|
|
Midwest
|
375
|
397
|
-22
|
-5.54%
|
370
|
1.35%
|
437
|
-14.15%
|
|
|
|
Mountain
|
200
|
198
|
2
|
1.01%
|
165
|
21.21%
|
124
|
61.29%
|
|
|
|
Pacific
|
259
|
257
|
2
|
0.78%
|
196
|
32.14%
|
167
|
55.09%
|
|
|
|
South
|
721
|
712
|
9
|
1.26%
|
660
|
9.24%
|
770
|
-6.39%
|
|
|
|
Salt
|
177
|
169
|
8
|
4.73%
|
161
|
9.94%
|
215
|
-17.83%
|
|
|
|
Non_Salt
|
544
|
544
|
0
|
0.00%
|
499
|
9.02%
|
555
|
-1.98%
|
|
|
|
Total
|
1,848
|
1,886
|
-38
|
-2.01%
|
1,698
|
8.83%
|
1,843
|
0.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/12/26
|
3/11/26
|
% Change
|
Change
|
2/11/26
|
% Change
|
3/12/25
|
% Change
|
|
|
|
PJM West On Peak
|
Apr-26
|
$62.17
|
$63.48
|
-2.07%
|
-$1.32
|
$54.75
|
13.55%
|
$52.10
|
19.32%
|
|
|
|
ERCOT North On Peak
|
Apr-26
|
$32.18
|
$32.44
|
-0.80%
|
-$0.26
|
$32.93
|
-2.28%
|
$42.89
|
-24.98%
|
|
|
|
CAISO SP 15 On Peak
|
Apr-26
|
$10.91
|
$9.61
|
13.57%
|
$1.30
|
$12.89
|
-15.38%
|
$10.96
|
-0.45%
|
|
|
|
MISO Indiana On Peak
|
Apr-26
|
$46.68
|
$46.71
|
-0.06%
|
-$0.03
|
$43.85
|
6.45%
|
$49.84
|
-6.33%
|
|
|
|
NEISO Mass On Peak
|
Apr-26
|
$45.38
|
$46.14
|
-1.64%
|
-$0.76
|
$46.95
|
-3.33%
|
$54.29
|
-16.41%
|
|
|
|
WECC Mid C On Peak
|
Apr-26
|
$28.86
|
$28.73
|
0.45%
|
$0.13
|
$37.30
|
-22.63%
|
$41.70
|
-30.79%
|
|
|
|
NYISO Zone G On Peak
|
Apr-26
|
$47.27
|
$47.28
|
-0.03%
|
-$0.02
|
$46.09
|
2.55%
|
$51.26
|
-7.79%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/12/26
|
3/11/26
|
% Change
|
Change
|
2/11/26
|
% Change
|
3/12/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Apr-26
|
$3.233
|
$3.209
|
0.75%
|
$0.02
|
$3.08
|
5.10%
|
$3.93
|
-17.78%
|
|
|
|
Houston Ship Channel
|
Apr-26
|
-$0.452
|
-$0.425
|
6.47%
|
-$0.03
|
-$0.44
|
1.85%
|
-$0.47
|
-3.89%
|
|
|
|
Chicago
|
Apr-26
|
-$0.356
|
-$0.350
|
-1.77%
|
-$0.01
|
-$0.24
|
48.71%
|
-$0.29
|
23.54%
|
|
|
|
Waha
|
Apr-26
|
-$5.110
|
-$4.960
|
-3.02%
|
-$0.15
|
-$3.77
|
35.60%
|
-$3.70
|
38.01%
|
|
|
|
Algonquin
|
Apr-26
|
-$0.252
|
-$0.215
|
-17.44%
|
-$0.04
|
$0.10
|
-347.31%
|
$0.45
|
-156.73%
|
|
|
|
Aeco
|
Apr-26
|
-$1.875
|
-$1.847
|
1.49%
|
-$0.03
|
-$1.84
|
1.84%
|
-$1.90
|
-1.18%
|
|
|
|
Socal
|
Apr-26
|
-$1.895
|
-$1.840
|
2.99%
|
-$0.05
|
-$1.41
|
34.61%
|
-$0.73
|
160.37%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/12/26
|
3/11/26
|
% Change
|
Change
|
2/11/26
|
% Change
|
3/12/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Apr-26
|
$0.780
|
$0.744
|
4.87%
|
$0.04
|
$0.65
|
20.00%
|
$0.72
|
8.15%
|
|
|
|
Mt. Belvieu Propane non LST
|
Apr-26
|
$0.750
|
$0.710
|
5.63%
|
$0.04
|
$0.64
|
16.83%
|
$0.73
|
3.17%
|
|
|
|
Mt. Belview Ethane
|
Apr-26
|
$0.248
|
$0.246
|
0.51%
|
$0.00
|
$0.23
|
7.61%
|
$0.27
|
-9.11%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Apr-26
|
$1.945
|
$1.760
|
10.51%
|
$0.19
|
$1.32
|
46.93%
|
$1.31
|
48.64%
|
|
|
|
Mt. Belvieu Butane LST
|
Apr-26
|
$1.043
|
$1.009
|
3.36%
|
$0.03
|
$0.77
|
35.95%
|
$0.83
|
26.40%
|
|
|
|
Far East Propane
|
Apr-26
|
$7.572
|
$7.125
|
6.26%
|
$0.45
|
$5.26
|
43.95%
|
$5.16
|
46.64%
|
|
|
|
Saudi Propane
|
Apr-26
|
$5.750
|
$5.680
|
1.23%
|
$0.07
|
$5.22
|
10.15%
|
$5.04
|
14.17%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/12/26
|
3/11/26
|
% Change
|
Change
|
2/11/26
|
% Change
|
3/12/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$94.43
|
$86.07
|
8.85%
|
$8.36
|
$64.26
|
46.95%
|
$63.63
|
48.40%
|
|
|
|
Brent
|
May-26
|
$100.46
|
$91.98
|
8.44%
|
$8.48
|
$68.75
|
46.12%
|
$67.34
|
49.18%
|
|
|
|
WCS
|
May-26
|
-$11.85
|
-$11.82
|
0.26%
|
-$0.03
|
-$14.80
|
-19.91%
|
-$12.57
|
-5.70%
|
|
|
|
LLS
|
May-26
|
$85.69
|
$79.11
|
7.68%
|
$6.58
|
$64.79
|
32.25%
|
$66.51
|
28.85%
|
|
|
|
Mars
|
May-26
|
$86.28
|
$84.01
|
2.63%
|
$2.27
|
$62.04
|
39.06%
|
$63.10
|
36.74%
|
|
|
|
Sour
|
May-26
|
$86.93
|
$80.40
|
7.52%
|
$6.53
|
$63.68
|
36.50%
|
$63.23
|
37.49%
|
|
|
|
ESPO
|
May-26
|
$98.46
|
$89.98
|
8.61%
|
$8.48
|
$66.75
|
47.51%
|
$65.34
|
50.69%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/12/26
|
3/11/26
|
% Change
|
Change
|
2/11/26
|
% Change
|
3/12/25
|
% Change
|
|
|
|
NY Heating Oil
|
Apr-26
|
$3.92
|
$3.70
|
5.84%
|
$0.22
|
$2.38
|
64.86%
|
$2.13
|
83.98%
|
|
|
|
NY Gasoline
|
Apr-26
|
$2.97
|
$2.80
|
6.25%
|
$0.17
|
$2.20
|
35.07%
|
$2.04
|
45.81%
|
|
|
|
GC Gasoline
|
Apr-26
|
$2.83
|
$2.66
|
6.58%
|
$0.17
|
$2.06
|
37.46%
|
$1.94
|
46.11%
|
|
|
|
GC Jet
|
Apr-26
|
$4.03
|
$3.34
|
20.72%
|
$0.69
|
$2.16
|
86.45%
|
$1.99
|
102.36%
|
|
|
|
Chicago Ethanol
|
Apr-26
|
$1.87
|
$1.87
|
0.16%
|
$0.00
|
$1.71
|
9.34%
|
$1.67
|
12.29%
|
|
|
|
Rotterdam Gasoil
|
Apr-26
|
$913.00
|
$862.75
|
5.82%
|
$50.25
|
$633.35
|
44.15%
|
$619.19
|
47.45%
|
|
|
|
Singapore Jet Kero
|
Apr-26
|
$163.75
|
$150.77
|
8.61%
|
$12.98
|
$86.29
|
89.77%
|
$82.56
|
98.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/12/26
|
3/11/26
|
% Change
|
Change
|
2/11/26
|
% Change
|
3/12/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
Apr-26
|
86.66%
|
74.89%
|
15.72%
|
11.77%
|
62.13%
|
39.48%
|
45.22%
|
91.64%
|
|
|
|
Algonquin Straddle
|
Apr-26
|
133.23%
|
115.70%
|
15.15%
|
17.53%
|
56.91%
|
134.11%
|
43.86%
|
203.76%
|
|
|
|
Waha Straddle
|
Apr-26
|
761.59%
|
842.69%
|
-9.62%
|
-81.10%
|
1536.67%
|
-50.44%
|
1116.10%
|
-31.76%
|
|
|
|
Chicago Straddle
|
Apr-26
|
88.68%
|
77.90%
|
13.84%
|
10.78%
|
64.12%
|
38.30%
|
46.01%
|
92.74%
|
|
|
|
PJM West Straddle
|
Apr-26
|
61.28%
|
56.15%
|
9.14%
|
5.13%
|
47.57%
|
28.82%
|
54.36%
|
12.73%
|
|
|
|
SP – 15 Straddle
|
Apr-26
|
360.40%
|
327.48%
|
10.05%
|
32.92%
|
516.45%
|
-30.22%
|
230.16%
|
56.59%
|
|
|
|
Mid. C Straddle
|
Apr-26
|
17.99%
|
19.88%
|
-9.51%
|
-1.89%
|
50.27%
|
-64.21%
|
24.81%
|
-27.49%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/12/26
|
3/11/26
|
% Change
|
Change
|
2/11/26
|
% Change
|
3/12/25
|
% Change
|
|
|
|
Dutch TTF
|
Apr-26
|
EUR 50.45
|
EUR 49.13
|
2.70%
|
EUR 1.33
|
EUR 30.65
|
64.63%
|
EUR 34.57
|
45.92%
|
|
|
|
NBP
|
Apr-26
|
GBP 127.99
|
GBP 125.00
|
2.39%
|
GBP 2.99
|
GBP 73.13
|
75.02%
|
GBP 89.12
|
43.62%
|
|
|
|
German Base
|
Apr-26
|
EUR 91.00
|
EUR 90.33
|
0.74%
|
EUR 0.67
|
EUR 75.68
|
20.24%
|
EUR 73.04
|
24.60%
|
|
|
|
UK Base
|
Apr-26
|
GBP 95.99
|
GBP 95.72
|
0.28%
|
GBP 0.27
|
GBP 71.43
|
34.37%
|
GBP 72.64
|
32.14%
|
|
|
|
French Base
|
Apr-26
|
EUR 43.06
|
EUR 41.81
|
3.00%
|
EUR 1.25
|
EUR 35.79
|
20.32%
|
EUR 44.08
|
-2.31%
|
|
|
|
Italian Base
|
Apr-26
|
EUR 124.52
|
EUR 118.59
|
5.00%
|
EUR 5.92
|
EUR 95.14
|
30.88%
|
EUR 94.69
|
31.50%
|
|
|
|
JKM LNG
|
Apr-26
|
$16.34
|
$16.37
|
-0.16%
|
-$0.03
|
$10.40
|
57.16%
|
$11.83
|
38.19%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/12/26
|
3/11/26
|
% Change
|
Change
|
2/11/26
|
% Change
|
3/12/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
Apr-26
|
$50.45
|
$49.13
|
2.70%
|
$1.33
|
$30.65
|
64.63%
|
$34.57
|
45.92%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
Apr-26
|
$127.99
|
$125.00
|
2.39%
|
$2.99
|
$73.13
|
75.02%
|
$89.12
|
43.62%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
Apr-26
|
$91.00
|
$90.33
|
0.74%
|
$0.67
|
$75.68
|
20.24%
|
$73.04
|
24.60%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Apr-26
|
$95.99
|
$95.72
|
0.28%
|
$0.27
|
$71.43
|
34.37%
|
$72.64
|
32.14%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Apr-26
|
$43.06
|
$41.81
|
3.00%
|
$1.25
|
$35.79
|
20.32%
|
$44.08
|
-2.31%
|
|
|
|
Supramax Timecharter (DRY)
|
Apr-26
|
$124.52
|
$118.59
|
5.00%
|
$5.92
|
$95.14
|
30.88%
|
$94.69
|
31.50%
|
|
|
|
Capesize Timecharter (DRY)
|
Apr-26
|
$16.34
|
$16.37
|
-0.16%
|
-$0.03
|
$10.40
|
57.16%
|
$11.83
|
38.19%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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|
