|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 8:23 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$3.055
|
$3.033
|
0.73%
|
$0.022
|
32,515
|
|
|
|
WTI
|
$97.81
|
$96.21
|
1.66%
|
$1.60
|
54,949
|
|
|
|
Brent
|
$107.93
|
$103.42
|
4.36%
|
$4.51
|
26,723
|
|
|
|
ULSD
|
$4.180
|
$4.016
|
4.09%
|
$0.164
|
6,967
|
|
|
|
RBOB
|
$3.206
|
$3.123
|
2.66%
|
$0.083
|
6,618
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$10.59
|
$7.89
|
34.22%
|
$2.70
|
May-26
|
|
|
|
3:2:1 Crack
|
$47.78
|
$43.99
|
8.61%
|
$3.79
|
Apr-26
|
|
|
|
PJM West Spark
|
$53.53
|
$55.10
|
-2.86%
|
-$1.58
|
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
|
3/17/26
|
3/16/26
|
% Change
|
Change
|
2/17/26
|
% Change
|
3/17/25
|
% Change
|
|
|
|
PJM West On Peak
|
Apr-26
|
$60.09
|
$61.59
|
-2.44%
|
-$1.50
|
$53.36
|
12.61%
|
$52.66
|
14.10%
|
|
|
|
ERCOT North On Peak
|
Apr-26
|
$31.73
|
$31.38
|
1.12%
|
$0.35
|
$29.78
|
6.55%
|
$43.82
|
-27.58%
|
|
|
|
CAISO SP 15 On Peak
|
Apr-26
|
$10.16
|
$9.89
|
2.67%
|
$0.26
|
$10.28
|
-1.17%
|
$9.36
|
8.57%
|
|
|
|
MISO Indiana On Peak
|
Apr-26
|
$42.68
|
$45.48
|
-6.14%
|
-$2.79
|
$44.06
|
-3.11%
|
$49.53
|
-13.82%
|
|
|
|
NEISO Mass On Peak
|
Apr-26
|
$42.56
|
$45.31
|
-6.07%
|
-$2.75
|
$47.19
|
-9.82%
|
$53.93
|
-21.08%
|
|
|
|
WECC Mid C On Peak
|
Apr-26
|
$25.82
|
$26.98
|
-4.31%
|
-$1.16
|
$32.50
|
-20.57%
|
$42.76
|
-39.63%
|
|
|
|
NYISO Zone G On Peak
|
Apr-26
|
$44.12
|
$48.00
|
-8.09%
|
-$3.88
|
$47.14
|
-6.42%
|
$50.13
|
-12.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/17/26
|
3/16/26
|
% Change
|
Change
|
2/17/26
|
% Change
|
3/17/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Apr-26
|
$3.033
|
$3.023
|
0.33%
|
$0.01
|
$2.94
|
3.23%
|
$4.01
|
-24.42%
|
|
|
|
Houston Ship Channel
|
Apr-26
|
-$0.447
|
-$0.447
|
0.00%
|
$0.00
|
-$0.50
|
-9.91%
|
-$0.43
|
5.10%
|
|
|
|
Chicago
|
Apr-26
|
-$0.330
|
-$0.330
|
0.00%
|
$0.00
|
-$0.28
|
17.35%
|
-$0.27
|
22.86%
|
|
|
|
Waha
|
Apr-26
|
-$5.620
|
-$5.375
|
-4.56%
|
-$0.24
|
-$3.92
|
43.49%
|
-$3.65
|
53.90%
|
|
|
|
Algonquin
|
Apr-26
|
-$0.333
|
-$0.295
|
-12.71%
|
-$0.04
|
-$0.18
|
87.43%
|
$0.37
|
-190.23%
|
|
|
|
Aeco
|
Apr-26
|
-$1.735
|
-$1.785
|
-2.80%
|
$0.05
|
-$1.77
|
-1.92%
|
-$1.90
|
-8.75%
|
|
|
|
Socal
|
Apr-26
|
-$1.735
|
-$1.780
|
-2.53%
|
$0.04
|
-$1.45
|
19.53%
|
-$0.66
|
163.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/17/26
|
3/16/26
|
% Change
|
Change
|
2/17/26
|
% Change
|
3/17/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Apr-26
|
$0.778
|
$0.770
|
0.97%
|
$0.01
|
$0.63
|
24.15%
|
$0.73
|
6.66%
|
|
|
|
Mt. Belvieu Propane non LST
|
Apr-26
|
$0.748
|
$0.748
|
0.00%
|
$0.00
|
$0.61
|
21.79%
|
$0.73
|
2.04%
|
|
|
|
Mt. Belview Ethane
|
Apr-26
|
$0.238
|
$0.240
|
-1.04%
|
$0.00
|
$0.22
|
9.20%
|
$0.28
|
-15.96%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Apr-26
|
$2.069
|
$2.035
|
1.66%
|
$0.03
|
$1.27
|
63.38%
|
$1.31
|
57.34%
|
|
|
|
Mt. Belvieu Butane LST
|
Apr-26
|
$1.053
|
$1.056
|
-0.33%
|
$0.00
|
$0.73
|
44.15%
|
$0.84
|
26.01%
|
|
|
|
Far East Propane
|
Apr-26
|
$8.084
|
$7.912
|
2.18%
|
$0.17
|
$5.05
|
60.08%
|
$5.20
|
55.47%
|
|
|
|
Saudi Propane
|
Apr-26
|
$5.803
|
$5.760
|
0.74%
|
$0.04
|
$5.09
|
14.02%
|
$5.11
|
13.60%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/17/26
|
3/16/26
|
% Change
|
Change
|
2/17/26
|
% Change
|
3/17/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$95.53
|
$92.46
|
3.21%
|
$3.07
|
$62.13
|
53.76%
|
$63.81
|
49.71%
|
|
|
|
Brent
|
May-26
|
$103.42
|
$100.21
|
3.10%
|
$3.21
|
$66.87
|
54.66%
|
$67.45
|
53.33%
|
|
|
|
WCS
|
May-26
|
-$12.24
|
-$11.96
|
2.26%
|
-$0.28
|
-$14.74
|
-16.97%
|
-$12.80
|
-4.41%
|
|
|
|
LLS
|
May-26
|
$92.36
|
$93.93
|
-1.70%
|
-$1.57
|
$63.51
|
45.42%
|
$66.31
|
39.30%
|
|
|
|
Mars
|
May-26
|
$92.88
|
$89.75
|
3.37%
|
$3.13
|
$60.78
|
52.81%
|
$64.75
|
43.44%
|
|
|
|
Sour
|
May-26
|
$94.23
|
$97.01
|
-2.96%
|
-$2.79
|
$62.20
|
51.50%
|
$64.00
|
47.22%
|
|
|
|
ESPO
|
May-26
|
$101.42
|
$98.21
|
3.17%
|
$3.21
|
$64.87
|
56.34%
|
$65.45
|
54.96%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/17/26
|
3/16/26
|
% Change
|
Change
|
2/17/26
|
% Change
|
3/17/25
|
% Change
|
|
|
|
NY Heating Oil
|
Apr-26
|
$4.02
|
$3.85
|
4.36%
|
$0.17
|
$2.31
|
74.04%
|
$2.14
|
88.12%
|
|
|
|
NY Gasoline
|
Apr-26
|
$3.13
|
$3.06
|
2.02%
|
$0.06
|
$2.13
|
46.71%
|
$2.05
|
52.44%
|
|
|
|
GC Gasoline
|
Apr-26
|
$2.98
|
$2.92
|
2.12%
|
$0.06
|
$1.99
|
50.00%
|
$1.95
|
53.08%
|
|
|
|
GC Jet
|
Apr-26
|
$4.06
|
$3.94
|
3.05%
|
$0.12
|
$2.12
|
91.96%
|
$2.04
|
98.82%
|
|
|
|
Chicago Ethanol
|
Apr-26
|
$1.91
|
$1.87
|
2.25%
|
$0.04
|
$1.68
|
13.35%
|
$1.71
|
11.89%
|
|
|
|
Rotterdam Gasoil
|
Apr-26
|
$963.00
|
$939.00
|
2.56%
|
$24.00
|
$636.50
|
51.30%
|
$634.30
|
51.82%
|
|
|
|
Singapore Jet Kero
|
Apr-26
|
$172.23
|
$169.27
|
1.75%
|
$2.96
|
$85.85
|
100.62%
|
$84.90
|
102.86%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/17/26
|
3/16/26
|
% Change
|
Change
|
2/17/26
|
% Change
|
3/17/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-26
|
62.55%
|
73.69%
|
-15.12%
|
-11.14%
|
66.10%
|
-5.37%
|
40.79%
|
53.35%
|
|
|
|
Algonquin Straddle
|
May-26
|
157.82%
|
180.14%
|
-12.39%
|
-22.32%
|
104.01%
|
51.74%
|
45.63%
|
245.87%
|
|
|
|
Waha Straddle
|
May-26
|
1027.00%
|
563.73%
|
82.18%
|
463.27%
|
1391.70%
|
-26.21%
|
560.23%
|
83.32%
|
|
|
|
Chicago Straddle
|
May-26
|
65.22%
|
77.87%
|
-16.25%
|
-12.65%
|
70.74%
|
-7.80%
|
44.36%
|
47.02%
|
|
|
|
PJM West Straddle
|
May-26
|
46.15%
|
47.74%
|
-3.33%
|
-1.59%
|
43.59%
|
5.87%
|
54.78%
|
-15.75%
|
|
|
|
SP – 15 Straddle
|
May-26
|
285.86%
|
282.37%
|
1.24%
|
3.49%
|
382.17%
|
-25.20%
|
260.97%
|
9.54%
|
|
|
|
Mid. C Straddle
|
May-26
|
45.56%
|
29.48%
|
54.55%
|
16.08%
|
22.03%
|
106.81%
|
61.14%
|
-25.48%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/17/26
|
3/16/26
|
% Change
|
Change
|
2/17/26
|
% Change
|
3/17/25
|
% Change
|
|
|
|
Dutch TTF
|
May-26
|
EUR 51.40
|
EUR 50.45
|
1.89%
|
EUR 0.95
|
EUR 28.59
|
79.77%
|
EUR 32.05
|
60.41%
|
|
|
|
NBP
|
May-26
|
GBP 130.24
|
GBP 127.86
|
1.86%
|
GBP 2.38
|
GBP 69.86
|
86.43%
|
GBP 79.19
|
64.47%
|
|
|
|
German Base
|
May-26
|
EUR 83.45
|
EUR 84.35
|
-1.07%
|
-EUR 0.90
|
EUR 63.09
|
32.27%
|
EUR 65.83
|
26.76%
|
|
|
|
UK Base
|
May-26
|
GBP 92.80
|
GBP 96.26
|
-3.59%
|
-GBP 3.46
|
GBP 64.71
|
43.40%
|
GBP 66.00
|
40.61%
|
|
|
|
French Base
|
May-26
|
EUR 19.46
|
EUR 19.36
|
0.54%
|
EUR 0.11
|
EUR 15.56
|
25.06%
|
EUR 38.45
|
-49.37%
|
|
|
|
Italian Base
|
May-26
|
EUR 115.57
|
EUR 118.43
|
-2.41%
|
-EUR 2.85
|
EUR 85.27
|
35.53%
|
EUR 88.95
|
29.93%
|
|
|
|
JKM LNG
|
May-26
|
$19.45
|
$18.66
|
4.23%
|
$0.79
|
$10.15
|
91.66%
|
$10.99
|
77.07%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/17/26
|
3/16/26
|
% Change
|
Change
|
2/17/26
|
% Change
|
3/17/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-26
|
$51.40
|
$50.45
|
1.89%
|
$0.95
|
$28.59
|
79.77%
|
$32.05
|
60.41%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-26
|
$130.24
|
$127.86
|
1.86%
|
$2.38
|
$69.86
|
86.43%
|
$79.19
|
64.47%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-26
|
$83.45
|
$84.35
|
-1.07%
|
-$0.90
|
$63.09
|
32.27%
|
$65.83
|
26.76%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-26
|
$92.80
|
$96.26
|
-3.59%
|
-$3.46
|
$64.71
|
43.40%
|
$66.00
|
40.61%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-26
|
$19.46
|
$19.36
|
0.54%
|
$0.11
|
$15.56
|
25.06%
|
$38.45
|
-49.37%
|
|
|
|
Supramax Timecharter (DRY)
|
May-26
|
$115.57
|
$118.43
|
-2.41%
|
-$2.85
|
$85.27
|
35.53%
|
$88.95
|
29.93%
|
|
|
|
Capesize Timecharter (DRY)
|
May-26
|
$19.45
|
$18.66
|
4.23%
|
$0.79
|
$10.15
|
91.66%
|
$10.99
|
77.07%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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|
