|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 8:39 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$3.199
|
$3.065
|
4.37%
|
$0.134
|
45,657
|
|
|
|
WTI
|
$97.51
|
$96.32
|
1.24%
|
$1.19
|
24,593
|
|
|
|
Brent
|
$113.07
|
$107.38
|
5.30%
|
$5.69
|
44,137
|
|
|
|
ULSD
|
$4.401
|
$4.198
|
4.83%
|
$0.203
|
6,016
|
|
|
|
RBOB
|
$3.171
|
$3.099
|
2.35%
|
$0.073
|
7,785
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$15.77
|
$11.92
|
32.30%
|
$3.85
|
May-26
|
|
|
|
3:2:1 Crack
|
$49.07
|
$46.39
|
5.78%
|
$2.68
|
Apr-26
|
|
|
|
PJM West Spark
|
$52.22
|
$53.53
|
-2.45%
|
-$1.31
|
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
|
3/18/26
|
3/17/26
|
% Change
|
Change
|
2/18/26
|
% Change
|
3/18/25
|
% Change
|
|
|
|
PJM West On Peak
|
Apr-26
|
$59.12
|
$60.09
|
-1.61%
|
-$0.97
|
$54.02
|
9.45%
|
$53.06
|
11.42%
|
|
|
|
ERCOT North On Peak
|
Apr-26
|
$34.09
|
$31.73
|
7.44%
|
$2.36
|
$29.45
|
15.76%
|
$43.59
|
-21.78%
|
|
|
|
CAISO SP 15 On Peak
|
Apr-26
|
$8.77
|
$10.16
|
-13.64%
|
-$1.39
|
$9.36
|
-6.29%
|
$8.35
|
5.10%
|
|
|
|
MISO Indiana On Peak
|
Apr-26
|
$43.61
|
$42.68
|
2.18%
|
$0.93
|
$43.34
|
0.64%
|
$49.79
|
-12.41%
|
|
|
|
NEISO Mass On Peak
|
Apr-26
|
$44.75
|
$42.56
|
5.15%
|
$2.19
|
$47.26
|
-5.32%
|
$53.34
|
-16.11%
|
|
|
|
WECC Mid C On Peak
|
Apr-26
|
$26.50
|
$25.82
|
2.65%
|
$0.68
|
$29.62
|
-10.55%
|
$42.08
|
-37.02%
|
|
|
|
NYISO Zone G On Peak
|
Apr-26
|
$46.45
|
$44.12
|
5.30%
|
$2.34
|
$47.26
|
-1.72%
|
$49.68
|
-6.49%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/18/26
|
3/17/26
|
% Change
|
Change
|
2/18/26
|
% Change
|
3/18/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Apr-26
|
$3.065
|
$3.033
|
1.06%
|
$0.03
|
$2.93
|
4.50%
|
$3.99
|
-23.28%
|
|
|
|
Houston Ship Channel
|
Apr-26
|
-$0.450
|
-$0.447
|
0.56%
|
$0.00
|
-$0.50
|
-9.49%
|
-$0.43
|
4.36%
|
|
|
|
Chicago
|
Apr-26
|
-$0.333
|
-$0.330
|
-0.75%
|
$0.00
|
-$0.28
|
17.66%
|
-$0.28
|
17.04%
|
|
|
|
Waha
|
Apr-26
|
-$5.775
|
-$5.620
|
-2.76%
|
-$0.16
|
-$4.00
|
44.52%
|
-$3.69
|
56.50%
|
|
|
|
Algonquin
|
Apr-26
|
-$0.350
|
-$0.333
|
-5.26%
|
-$0.02
|
$0.13
|
-366.77%
|
$0.37
|
-193.93%
|
|
|
|
Aeco
|
Apr-26
|
-$1.735
|
-$1.735
|
0.00%
|
$0.00
|
-$1.66
|
4.20%
|
-$1.93
|
-10.29%
|
|
|
|
Socal
|
Apr-26
|
-$1.747
|
-$1.735
|
0.72%
|
-$0.01
|
-$1.39
|
26.14%
|
-$0.66
|
164.09%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/18/26
|
3/17/26
|
% Change
|
Change
|
2/18/26
|
% Change
|
3/18/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Apr-26
|
$0.801
|
$0.778
|
2.98%
|
$0.02
|
$0.64
|
25.59%
|
$0.73
|
9.62%
|
|
|
|
Mt. Belvieu Propane non LST
|
Apr-26
|
$0.745
|
$0.748
|
-0.33%
|
$0.00
|
$0.63
|
18.73%
|
$0.72
|
2.87%
|
|
|
|
Mt. Belview Ethane
|
Apr-26
|
$0.244
|
$0.238
|
2.63%
|
$0.01
|
$0.22
|
12.07%
|
$0.28
|
-14.08%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Apr-26
|
$2.190
|
$2.069
|
5.86%
|
$0.12
|
$1.31
|
67.51%
|
$1.30
|
68.93%
|
|
|
|
Mt. Belvieu Butane LST
|
Apr-26
|
$1.075
|
$1.053
|
2.09%
|
$0.02
|
$0.75
|
44.08%
|
$0.84
|
28.41%
|
|
|
|
Far East Propane
|
Apr-26
|
$9.114
|
$8.084
|
12.74%
|
$1.03
|
$5.18
|
75.94%
|
$5.23
|
74.27%
|
|
|
|
Saudi Propane
|
Apr-26
|
$6.000
|
$5.803
|
3.40%
|
$0.20
|
$5.14
|
16.73%
|
$5.13
|
17.04%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/18/26
|
3/17/26
|
% Change
|
Change
|
2/18/26
|
% Change
|
3/18/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$95.46
|
$95.53
|
-0.07%
|
-$0.07
|
$64.84
|
47.22%
|
$63.57
|
50.17%
|
|
|
|
Brent
|
May-26
|
$103.42
|
$103.42
|
0.00%
|
$0.00
|
$69.77
|
48.23%
|
$67.22
|
53.85%
|
|
|
|
WCS
|
May-26
|
-$13.00
|
-$12.24
|
5.89%
|
-$0.77
|
-$14.92
|
-12.83%
|
-$12.80
|
1.58%
|
|
|
|
LLS
|
May-26
|
$95.60
|
$92.36
|
3.39%
|
$3.24
|
$65.79
|
45.31%
|
$67.21
|
42.24%
|
|
|
|
Mars
|
May-26
|
$95.96
|
$92.88
|
3.21%
|
$3.08
|
$63.04
|
52.22%
|
$63.87
|
50.24%
|
|
|
|
Sour
|
May-26
|
$95.51
|
$94.23
|
1.35%
|
$1.29
|
$64.47
|
48.14%
|
$63.62
|
50.12%
|
|
|
|
ESPO
|
May-26
|
$101.42
|
$101.42
|
0.00%
|
$0.00
|
$67.77
|
49.65%
|
$65.22
|
55.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/18/26
|
3/17/26
|
% Change
|
Change
|
2/18/26
|
% Change
|
3/18/25
|
% Change
|
|
|
|
NY Heating Oil
|
Apr-26
|
$4.31
|
$4.02
|
7.14%
|
$0.29
|
$2.44
|
76.60%
|
$2.15
|
99.95%
|
|
|
|
NY Gasoline
|
Apr-26
|
$3.09
|
$3.13
|
-1.06%
|
-$0.03
|
$2.16
|
43.41%
|
$2.07
|
49.37%
|
|
|
|
GC Gasoline
|
Apr-26
|
$2.95
|
$2.98
|
-1.11%
|
-$0.03
|
$2.02
|
46.43%
|
$1.97
|
49.85%
|
|
|
|
GC Jet
|
Apr-26
|
$4.22
|
$4.06
|
4.06%
|
$0.16
|
$2.23
|
89.55%
|
$2.02
|
109.57%
|
|
|
|
Chicago Ethanol
|
Apr-26
|
$1.95
|
$1.91
|
2.09%
|
$0.04
|
$1.69
|
15.18%
|
$1.74
|
11.88%
|
|
|
|
Rotterdam Gasoil
|
Apr-26
|
$981.80
|
$963.00
|
1.95%
|
$18.80
|
$657.00
|
49.44%
|
$642.72
|
52.76%
|
|
|
|
Singapore Jet Kero
|
Apr-26
|
$161.50
|
$172.23
|
-6.23%
|
-$10.73
|
$87.24
|
85.12%
|
$84.25
|
91.70%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/18/26
|
3/17/26
|
% Change
|
Change
|
2/18/26
|
% Change
|
3/18/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-26
|
61.58%
|
62.55%
|
-1.55%
|
-0.97%
|
60.41%
|
1.94%
|
37.99%
|
62.10%
|
|
|
|
Algonquin Straddle
|
May-26
|
157.70%
|
157.82%
|
-0.08%
|
-0.12%
|
97.47%
|
61.79%
|
42.53%
|
270.80%
|
|
|
|
Waha Straddle
|
May-26
|
440.74%
|
1027.00%
|
-57.08%
|
-586.26%
|
1319.28%
|
-66.59%
|
551.45%
|
-20.08%
|
|
|
|
Chicago Straddle
|
May-26
|
64.72%
|
65.22%
|
-0.77%
|
-0.50%
|
65.65%
|
-1.42%
|
41.39%
|
56.37%
|
|
|
|
PJM West Straddle
|
May-26
|
46.58%
|
46.15%
|
0.93%
|
0.43%
|
45.03%
|
3.44%
|
54.69%
|
-14.83%
|
|
|
|
SP – 15 Straddle
|
May-26
|
291.11%
|
285.86%
|
1.84%
|
5.25%
|
280.31%
|
3.85%
|
254.02%
|
14.60%
|
|
|
|
Mid. C Straddle
|
May-26
|
30.67%
|
45.56%
|
-32.68%
|
-14.89%
|
0.00%
|
#DIV/0!
|
57.93%
|
-47.06%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/18/26
|
3/17/26
|
% Change
|
Change
|
2/18/26
|
% Change
|
3/18/25
|
% Change
|
|
|
|
Dutch TTF
|
May-26
|
EUR 54.40
|
EUR 51.40
|
5.84%
|
EUR 3.00
|
EUR 30.35
|
79.26%
|
EUR 31.44
|
73.02%
|
|
|
|
NBP
|
May-26
|
GBP 137.29
|
GBP 130.24
|
5.41%
|
GBP 7.05
|
GBP 73.46
|
86.89%
|
GBP 78.85
|
74.11%
|
|
|
|
German Base
|
May-26
|
EUR 86.38
|
EUR 83.45
|
3.51%
|
EUR 2.93
|
EUR 65.49
|
31.90%
|
EUR 65.88
|
31.11%
|
|
|
|
UK Base
|
May-26
|
GBP 96.52
|
GBP 92.80
|
4.00%
|
GBP 3.72
|
GBP 63.68
|
51.56%
|
GBP 65.79
|
46.70%
|
|
|
|
French Base
|
May-26
|
EUR 19.24
|
EUR 19.46
|
-1.15%
|
-EUR 0.22
|
EUR 15.34
|
25.45%
|
EUR 39.07
|
-50.75%
|
|
|
|
Italian Base
|
May-26
|
EUR 127.31
|
EUR 115.57
|
10.16%
|
EUR 11.74
|
EUR 84.52
|
50.64%
|
EUR 89.81
|
41.76%
|
|
|
|
JKM LNG
|
May-26
|
$19.66
|
$19.45
|
1.05%
|
$0.20
|
$10.08
|
94.95%
|
$10.85
|
81.15%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/18/26
|
3/17/26
|
% Change
|
Change
|
2/18/26
|
% Change
|
3/18/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-26
|
$54.40
|
$51.40
|
5.84%
|
$3.00
|
$30.35
|
79.26%
|
$31.44
|
73.02%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-26
|
$137.29
|
$130.24
|
5.41%
|
$7.05
|
$73.46
|
86.89%
|
$78.85
|
74.11%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-26
|
$86.38
|
$83.45
|
3.51%
|
$2.93
|
$65.49
|
31.90%
|
$65.88
|
31.11%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-26
|
$96.52
|
$92.80
|
4.00%
|
$3.72
|
$63.68
|
51.56%
|
$65.79
|
46.70%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-26
|
$19.24
|
$19.46
|
-1.15%
|
-$0.22
|
$15.34
|
25.45%
|
$39.07
|
-50.75%
|
|
|
|
Supramax Timecharter (DRY)
|
May-26
|
$127.31
|
$115.57
|
10.16%
|
$11.74
|
$84.52
|
50.64%
|
$89.81
|
41.76%
|
|
|
|
Capesize Timecharter (DRY)
|
May-26
|
$19.66
|
$19.45
|
1.05%
|
$0.20
|
$10.08
|
94.95%
|
$10.85
|
81.15%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
