|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 8:06 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$3.082
|
$3.023
|
1.95%
|
$0.059
|
23,546
|
|
|
|
WTI
|
$95.40
|
$93.50
|
2.03%
|
$1.90
|
103,212
|
|
|
|
Brent
|
$102.29
|
$100.21
|
2.08%
|
$2.08
|
30,014
|
|
|
|
ULSD
|
$4.019
|
$3.838
|
4.73%
|
$0.181
|
6,927
|
|
|
|
RBOB
|
$3.081
|
$3.000
|
2.68%
|
$0.080
|
5,978
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$7.47
|
$7.75
|
-3.61%
|
-$0.28
|
May-26
|
|
|
|
3:2:1 Crack
|
$43.11
|
$40.44
|
6.60%
|
$2.67
|
Apr-26
|
|
|
|
PJM West Spark
|
$55.02
|
$61.12
|
-9.98%
|
-$6.10
|
Apr-26
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
03/13/26
|
553
|
2
|
-39
|
03/14/25
|
|
|
|
Canada
|
03/13/26
|
197
|
-8
|
-2
|
03/14/25
|
|
|
|
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
|
3/16/26
|
3/13/26
|
% Change
|
Change
|
2/13/26
|
% Change
|
3/14/25
|
% Change
|
|
|
|
PJM West On Peak
|
Apr-26
|
$61.59
|
$67.58
|
-8.87%
|
-$5.99
|
$54.93
|
12.14%
|
$52.24
|
17.91%
|
|
|
|
ERCOT North On Peak
|
Apr-26
|
$31.38
|
$31.86
|
-1.51%
|
-$0.48
|
$32.08
|
-2.18%
|
$44.07
|
-28.79%
|
|
|
|
CAISO SP 15 On Peak
|
Apr-26
|
$9.89
|
$12.87
|
-23.11%
|
-$2.97
|
$10.50
|
-5.78%
|
$9.24
|
7.11%
|
|
|
|
MISO Indiana On Peak
|
Apr-26
|
$45.48
|
$50.69
|
-10.28%
|
-$5.21
|
$44.90
|
1.29%
|
$49.63
|
-8.37%
|
|
|
|
NEISO Mass On Peak
|
Apr-26
|
$45.31
|
$45.14
|
0.37%
|
$0.17
|
$46.33
|
-2.20%
|
$53.49
|
-15.30%
|
|
|
|
WECC Mid C On Peak
|
Apr-26
|
$26.98
|
$32.47
|
-16.92%
|
-$5.50
|
$36.22
|
-25.51%
|
$43.19
|
-37.54%
|
|
|
|
NYISO Zone G On Peak
|
Apr-26
|
$48.00
|
$46.24
|
3.80%
|
$1.76
|
$45.98
|
4.39%
|
$49.73
|
-3.49%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/16/26
|
3/13/26
|
% Change
|
Change
|
2/13/26
|
% Change
|
3/14/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Apr-26
|
$3.023
|
$3.131
|
-3.45%
|
-$0.11
|
$3.10
|
-2.61%
|
$4.03
|
-24.89%
|
|
|
|
Houston Ship Channel
|
Apr-26
|
-$0.447
|
-$0.463
|
-3.24%
|
$0.02
|
-$0.49
|
-9.43%
|
-$0.43
|
3.97%
|
|
|
|
Chicago
|
Apr-26
|
-$0.330
|
-$0.350
|
6.06%
|
$0.02
|
-$0.24
|
34.91%
|
-$0.27
|
22.09%
|
|
|
|
Waha
|
Apr-26
|
-$5.375
|
-$5.125
|
-4.88%
|
-$0.25
|
-$3.95
|
36.20%
|
-$3.66
|
46.86%
|
|
|
|
Algonquin
|
Apr-26
|
-$0.295
|
-$0.300
|
1.67%
|
$0.01
|
$0.48
|
-161.61%
|
$0.38
|
-178.52%
|
|
|
|
Aeco
|
Apr-26
|
-$1.785
|
-$1.810
|
-1.38%
|
$0.02
|
-$1.85
|
-3.75%
|
-$1.89
|
-5.74%
|
|
|
|
Socal
|
Apr-26
|
-$1.780
|
-$1.870
|
-4.81%
|
$0.09
|
-$1.56
|
13.89%
|
-$0.67
|
164.21%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/16/26
|
3/13/26
|
% Change
|
Change
|
2/13/26
|
% Change
|
3/14/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Apr-26
|
$0.770
|
$0.784
|
-1.75%
|
-$0.01
|
$0.63
|
22.47%
|
$0.72
|
6.65%
|
|
|
|
Mt. Belvieu Propane non LST
|
Apr-26
|
$0.748
|
$0.744
|
0.50%
|
$0.00
|
$0.62
|
20.62%
|
$0.73
|
2.64%
|
|
|
|
Mt. Belview Ethane
|
Apr-26
|
$0.240
|
$0.244
|
-1.54%
|
$0.00
|
$0.23
|
6.63%
|
$0.28
|
-13.02%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Apr-26
|
$2.035
|
$1.990
|
2.26%
|
$0.05
|
$1.28
|
58.98%
|
$1.28
|
58.42%
|
|
|
|
Mt. Belvieu Butane LST
|
Apr-26
|
$1.056
|
$1.051
|
0.50%
|
$0.01
|
$0.74
|
42.69%
|
$0.83
|
27.37%
|
|
|
|
Far East Propane
|
Apr-26
|
$7.912
|
$7.662
|
3.26%
|
$0.25
|
$5.07
|
55.98%
|
$5.18
|
52.66%
|
|
|
|
Saudi Propane
|
Apr-26
|
$5.760
|
$5.870
|
-1.87%
|
-$0.11
|
$5.09
|
13.16%
|
$5.09
|
13.15%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/16/26
|
3/13/26
|
% Change
|
Change
|
2/13/26
|
% Change
|
3/14/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$92.46
|
$96.84
|
-4.74%
|
-$4.38
|
$62.58
|
47.75%
|
$63.36
|
45.93%
|
|
|
|
Brent
|
May-26
|
$100.21
|
$103.14
|
-2.92%
|
-$2.93
|
$67.09
|
49.37%
|
$67.00
|
49.57%
|
|
|
|
WCS
|
May-26
|
-$11.96
|
-$11.77
|
1.55%
|
-$0.19
|
-$15.00
|
-20.27%
|
-$12.80
|
-6.57%
|
|
|
|
LLS
|
May-26
|
$93.93
|
$93.14
|
0.84%
|
$0.79
|
$63.92
|
46.94%
|
$66.18
|
41.93%
|
|
|
|
Mars
|
May-26
|
$89.75
|
$92.76
|
-3.35%
|
-$3.01
|
$61.41
|
46.15%
|
$63.92
|
40.42%
|
|
|
|
Sour
|
May-26
|
$97.01
|
$95.81
|
1.25%
|
$1.21
|
$62.82
|
54.44%
|
$63.30
|
53.26%
|
|
|
|
ESPO
|
May-26
|
$98.21
|
$101.14
|
-2.98%
|
-$2.93
|
$65.09
|
50.88%
|
$65.00
|
51.09%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/16/26
|
3/13/26
|
% Change
|
Change
|
2/13/26
|
% Change
|
3/14/25
|
% Change
|
|
|
|
NY Heating Oil
|
Apr-26
|
$3.85
|
$4.01
|
-4.01%
|
-$0.16
|
$2.30
|
67.64%
|
$2.12
|
81.96%
|
|
|
|
NY Gasoline
|
Apr-26
|
$3.06
|
$2.96
|
3.44%
|
$0.10
|
$2.14
|
43.06%
|
$2.02
|
51.41%
|
|
|
|
GC Gasoline
|
Apr-26
|
$2.92
|
$2.82
|
3.62%
|
$0.10
|
$2.00
|
46.08%
|
$1.92
|
52.00%
|
|
|
|
GC Jet
|
Apr-26
|
$3.94
|
$3.73
|
5.55%
|
$0.21
|
$2.03
|
94.47%
|
$1.96
|
101.53%
|
|
|
|
Chicago Ethanol
|
Apr-26
|
$1.87
|
$1.89
|
-1.42%
|
-$0.03
|
$1.70
|
9.69%
|
$1.69
|
10.47%
|
|
|
|
Rotterdam Gasoil
|
Apr-26
|
$939.00
|
$937.00
|
0.21%
|
$2.00
|
$637.00
|
47.41%
|
$623.18
|
50.68%
|
|
|
|
Singapore Jet Kero
|
Apr-26
|
$169.27
|
$162.00
|
4.49%
|
$7.27
|
$83.97
|
101.58%
|
$82.44
|
105.32%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/16/26
|
3/13/26
|
% Change
|
Change
|
2/13/26
|
% Change
|
3/14/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
Apr-26
|
78.65%
|
92.49%
|
-14.96%
|
-13.84%
|
65.15%
|
20.72%
|
42.18%
|
86.46%
|
|
|
|
Algonquin Straddle
|
Apr-26
|
117.29%
|
125.48%
|
-6.53%
|
-8.19%
|
61.24%
|
91.53%
|
39.98%
|
193.37%
|
|
|
|
Waha Straddle
|
Apr-26
|
500.73%
|
966.87%
|
-48.21%
|
-466.14%
|
1426.91%
|
-64.91%
|
1019.67%
|
-50.89%
|
|
|
|
Chicago Straddle
|
Apr-26
|
82.00%
|
94.35%
|
-13.09%
|
-12.35%
|
67.82%
|
20.91%
|
43.56%
|
88.25%
|
|
|
|
PJM West Straddle
|
Apr-26
|
63.82%
|
62.29%
|
2.46%
|
1.53%
|
43.33%
|
47.29%
|
54.68%
|
16.72%
|
|
|
|
SP – 15 Straddle
|
Apr-26
|
387.11%
|
375.68%
|
3.04%
|
11.43%
|
312.19%
|
24.00%
|
219.36%
|
76.47%
|
|
|
|
Mid. C Straddle
|
Apr-26
|
24.84%
|
29.18%
|
-14.87%
|
-4.34%
|
40.12%
|
-38.09%
|
30.46%
|
-18.45%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/16/26
|
3/13/26
|
% Change
|
Change
|
2/13/26
|
% Change
|
3/14/25
|
% Change
|
|
|
|
Dutch TTF
|
Apr-26
|
EUR 50.72
|
EUR 50.65
|
0.14%
|
EUR 0.07
|
EUR 30.90
|
64.14%
|
EUR 33.87
|
49.74%
|
|
|
|
NBP
|
Apr-26
|
GBP 129.14
|
GBP 129.49
|
-0.27%
|
-GBP 0.35
|
GBP 73.84
|
74.89%
|
GBP 87.04
|
48.37%
|
|
|
|
German Base
|
Apr-26
|
EUR 93.27
|
EUR 93.25
|
0.02%
|
EUR 0.02
|
EUR 72.24
|
29.11%
|
EUR 73.34
|
27.17%
|
|
|
|
UK Base
|
Apr-26
|
GBP 97.45
|
GBP 95.21
|
2.35%
|
GBP 2.24
|
GBP 68.91
|
41.42%
|
GBP 73.85
|
31.95%
|
|
|
|
French Base
|
Apr-26
|
EUR 47.16
|
EUR 45.73
|
3.13%
|
EUR 1.43
|
EUR 34.99
|
34.77%
|
EUR 42.60
|
10.71%
|
|
|
|
Italian Base
|
Apr-26
|
EUR 126.61
|
EUR 127.31
|
-0.55%
|
-EUR 0.70
|
EUR 82.68
|
53.12%
|
EUR 95.58
|
32.47%
|
|
|
|
JKM LNG
|
Apr-26
|
$18.66
|
$16.13
|
15.72%
|
$2.54
|
$10.48
|
78.18%
|
$11.03
|
69.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/16/26
|
3/13/26
|
% Change
|
Change
|
2/13/26
|
% Change
|
3/14/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
Apr-26
|
$50.72
|
$50.65
|
0.14%
|
$0.07
|
$30.90
|
64.14%
|
$33.87
|
49.74%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
Apr-26
|
$129.14
|
$129.49
|
-0.27%
|
-$0.35
|
$73.84
|
74.89%
|
$87.04
|
48.37%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
Apr-26
|
$93.27
|
$93.25
|
0.02%
|
$0.02
|
$72.24
|
29.11%
|
$73.34
|
27.17%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Apr-26
|
$97.45
|
$95.21
|
2.35%
|
$2.24
|
$68.91
|
41.42%
|
$73.85
|
31.95%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Apr-26
|
$47.16
|
$45.73
|
3.13%
|
$1.43
|
$34.99
|
34.77%
|
$42.60
|
10.71%
|
|
|
|
Supramax Timecharter (DRY)
|
Apr-26
|
$126.61
|
$127.31
|
-0.55%
|
-$0.70
|
$82.68
|
53.12%
|
$95.58
|
32.47%
|
|
|
|
Capesize Timecharter (DRY)
|
Apr-26
|
$18.66
|
$16.13
|
15.72%
|
$2.54
|
$10.48
|
78.18%
|
$11.03
|
69.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/14/2026
|
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
|
0
|
0
|
0
|
-1
|
0
|
NA
|
NA
|
|
|
|
W N Central
|
0
|
-1
|
0
|
0
|
-1
|
0
|
NA
|
NA
|
|
|
|
South Atlantic
|
23
|
13
|
15
|
83
|
-1
|
19
|
NA
|
NA
|
|
|
|
E S Central
|
10
|
6
|
8
|
24
|
5
|
21
|
NA
|
NA
|
|
|
|
W S Central
|
21
|
11
|
7
|
109
|
61
|
57
|
NA
|
NA
|
|
|
|
Mountain
|
3
|
2
|
3
|
11
|
4
|
8
|
NA
|
NA
|
|
|
|
Pacific
|
0
|
-1
|
0
|
2
|
-2
|
2
|
NA
|
NA
|
|
|
|
United States
|
7
|
3
|
4
|
30
|
6
|
12
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/14/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
154
|
-64
|
-29
|
5,316
|
97
|
333
|
2.00%
|
7.00%
|
|
|
|
Middle Atlantic
|
121
|
-78
|
-31
|
4,769
|
24
|
363
|
1.00%
|
8.00%
|
|
|
|
E N Central
|
138
|
-70
|
0
|
5,057
|
-212
|
211
|
-4.00%
|
4.00%
|
|
|
|
W N Central
|
151
|
-57
|
27
|
4,891
|
-705
|
-229
|
-13.00%
|
-4.00%
|
|
|
|
South Atlantic
|
37
|
-55
|
-33
|
2,365
|
-63
|
71
|
-3.00%
|
3.00%
|
|
|
|
E S Central
|
53
|
-59
|
-13
|
2,781
|
-308
|
-23
|
-10.00%
|
-1.00%
|
|
|
|
W S Central
|
32
|
-35
|
-8
|
1,537
|
-518
|
-245
|
-25.00%
|
-14.00%
|
|
|
|
Mountain
|
106
|
-44
|
-44
|
3,205
|
-939
|
-605
|
-23.00%
|
-16.00%
|
|
|
|
Pacific
|
60
|
-38
|
-64
|
1,888
|
-566
|
-464
|
-23.00%
|
-20.00%
|
|
|
|
United States
|
88
|
-56
|
-24
|
3,375
|
-313
|
-40
|
-8.00%
|
-1.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
