|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 9:04 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$2.954
|
$3.095
|
-4.56%
|
-$0.141
|
43,799
|
|
|
|
WTI
|
$90.63
|
$98.32
|
-7.82%
|
-$7.69
|
311,130
|
|
|
|
Brent
|
$102.60
|
$112.19
|
-8.55%
|
-$9.59
|
56,086
|
|
|
|
ULSD
|
$4.322
|
$4.608
|
-6.22%
|
-$0.286
|
5,071
|
|
|
|
RBOB
|
$3.070
|
$3.286
|
-6.59%
|
-$0.216
|
4,932
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$11.71
|
$13.96
|
-16.12%
|
-$2.25
|
May-26
|
|
|
|
3:2:1 Crack
|
$48.45
|
$51.66
|
-6.21%
|
-$3.21
|
May-26
|
|
|
|
PJM West Spark
|
$51.85
|
$53.45
|
-3.00%
|
-$1.60
|
Apr-26
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
03/20/26
|
552
|
-1
|
-41
|
03/21/25
|
|
|
|
Canada
|
03/20/26
|
177
|
-20
|
-3
|
03/21/25
|
|
|
|
International
|
Feb-2026
|
1112
|
33
|
15
|
Feb-2025
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 3/17/2026
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
122,378
|
121,917
|
121,807
|
110
|
|
|
|
PJM West Off Peak
|
117,622
|
117,227
|
116,953
|
274
|
|
|
|
Natural Gas Henry Hub
|
383,745
|
367,431
|
362,400
|
5,031
|
|
|
|
WTI – Light Sweet Crude Futures
|
213,364
|
182,289
|
178,156
|
4,133
|
|
|
|
Brent Crude Last Day
|
462,542
|
452,598
|
454,578
|
-1,980
|
|
|
|
NYM Ethanol
|
49,169
|
48,611
|
48,519
|
92
|
|
|
|
Mt Belvieu LDH Propane Swap
|
125,933
|
125,225
|
125,356
|
-131
|
|
|
|
RBOB
|
383,123
|
352,904
|
370,957
|
-18,053
|
|
|
|
HSC Basis
|
868,792
|
862,449
|
864,773
|
-2,324
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/19/21
|
|
|
|
|
|
3/13/26
|
3/6/26
|
Net Change
|
% Change
|
3/14/25
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
302
|
294
|
8
|
2.72%
|
295
|
2.37%
|
326
|
-7.42%
|
|
|
|
Midwest
|
374
|
375
|
-1
|
-0.27%
|
366
|
2.19%
|
420
|
-10.99%
|
|
|
|
Mountain
|
201
|
200
|
1
|
0.50%
|
165
|
21.82%
|
123
|
63.68%
|
|
|
|
Pacific
|
258
|
259
|
-1
|
-0.39%
|
193
|
33.68%
|
166
|
55.23%
|
|
|
|
South
|
747
|
721
|
26
|
3.61%
|
688
|
8.58%
|
779
|
-4.16%
|
|
|
|
Salt
|
192
|
177
|
15
|
8.47%
|
181
|
6.08%
|
223
|
-13.82%
|
|
|
|
Non_Salt
|
555
|
544
|
11
|
2.02%
|
508
|
9.25%
|
557
|
-0.36%
|
|
|
|
Total
|
1,883
|
1,848
|
35
|
1.89%
|
1,707
|
10.31%
|
1,815
|
3.76%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/20/26
|
3/19/26
|
% Change
|
Change
|
2/20/26
|
% Change
|
3/20/25
|
% Change
|
|
|
|
PJM West On Peak
|
Apr-26
|
$58.13
|
$60.07
|
-3.22%
|
-$1.94
|
$54.46
|
6.74%
|
$53.36
|
8.96%
|
|
|
|
ERCOT North On Peak
|
Apr-26
|
$29.79
|
$31.42
|
-5.18%
|
-$1.63
|
$28.70
|
3.81%
|
$42.42
|
-29.78%
|
|
|
|
CAISO SP 15 On Peak
|
Apr-26
|
$9.40
|
$10.27
|
-8.45%
|
-$0.87
|
$10.51
|
-10.55%
|
$8.31
|
13.23%
|
|
|
|
MISO Indiana On Peak
|
Apr-26
|
$43.42
|
$44.81
|
-3.12%
|
-$1.40
|
$44.81
|
-3.11%
|
$49.50
|
-12.29%
|
|
|
|
NEISO Mass On Peak
|
Apr-26
|
$46.91
|
$45.25
|
3.68%
|
$1.66
|
$48.40
|
-3.06%
|
$51.17
|
-8.32%
|
|
|
|
WECC Mid C On Peak
|
Apr-26
|
$21.88
|
$23.04
|
-5.05%
|
-$1.16
|
$33.50
|
-34.69%
|
$42.53
|
-48.56%
|
|
|
|
NYISO Zone G On Peak
|
Apr-26
|
$48.64
|
$47.25
|
2.93%
|
$1.39
|
$47.69
|
1.98%
|
$47.66
|
2.06%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/20/26
|
3/19/26
|
% Change
|
Change
|
2/20/26
|
% Change
|
3/20/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Apr-26
|
$3.095
|
$3.166
|
-2.24%
|
-$0.07
|
$2.98
|
3.72%
|
$3.95
|
-21.71%
|
|
|
|
Houston Ship Channel
|
Apr-26
|
-$0.460
|
-$0.470
|
-2.17%
|
$0.01
|
-$0.49
|
-6.66%
|
-$0.44
|
5.07%
|
|
|
|
Chicago
|
Apr-26
|
-$0.390
|
-$0.334
|
-14.36%
|
-$0.06
|
-$0.30
|
29.18%
|
-$0.30
|
29.78%
|
|
|
|
Waha
|
Apr-26
|
-$6.070
|
-$6.184
|
-1.84%
|
$0.11
|
-$4.24
|
43.22%
|
-$3.72
|
63.17%
|
|
|
|
Algonquin
|
Apr-26
|
-$0.423
|
-$0.400
|
-5.63%
|
-$0.02
|
$0.15
|
-383.37%
|
$0.35
|
-219.96%
|
|
|
|
Aeco
|
Apr-26
|
-$1.770
|
-$1.770
|
0.00%
|
$0.00
|
-$1.75
|
1.34%
|
-$1.95
|
-9.08%
|
|
|
|
Socal
|
Apr-26
|
-$1.695
|
-$1.705
|
-0.59%
|
$0.01
|
-$1.51
|
12.37%
|
-$0.66
|
155.73%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/20/26
|
3/19/26
|
% Change
|
Change
|
2/20/26
|
% Change
|
3/20/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Apr-26
|
$0.855
|
$0.806
|
6.05%
|
$0.05
|
$0.65
|
31.54%
|
$0.74
|
15.33%
|
|
|
|
Mt. Belvieu Propane non LST
|
Apr-26
|
$0.816
|
$0.780
|
4.65%
|
$0.04
|
$0.64
|
28.04%
|
$0.75
|
9.32%
|
|
|
|
Mt. Belview Ethane
|
Apr-26
|
$0.244
|
$0.251
|
-2.99%
|
-$0.01
|
$0.22
|
10.71%
|
$0.28
|
-12.60%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Apr-26
|
$2.270
|
$2.190
|
3.65%
|
$0.08
|
$1.33
|
70.09%
|
$1.32
|
71.65%
|
|
|
|
Mt. Belvieu Butane LST
|
Apr-26
|
$1.159
|
$1.125
|
3.07%
|
$0.03
|
$0.75
|
55.35%
|
$0.83
|
40.43%
|
|
|
|
Far East Propane
|
Apr-26
|
$9.420
|
$10.000
|
-5.80%
|
-$0.58
|
$5.38
|
75.09%
|
$5.20
|
81.16%
|
|
|
|
Saudi Propane
|
Apr-26
|
$6.050
|
$6.135
|
-1.39%
|
-$0.09
|
$5.20
|
16.35%
|
$5.10
|
18.53%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/20/26
|
3/19/26
|
% Change
|
Change
|
2/20/26
|
% Change
|
3/20/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$98.23
|
$95.55
|
2.73%
|
$2.68
|
$66.24
|
48.29%
|
$64.37
|
52.60%
|
|
|
|
Brent
|
May-26
|
$112.19
|
$108.65
|
3.16%
|
$3.54
|
$71.30
|
57.35%
|
$68.11
|
64.72%
|
|
|
|
WCS
|
May-26
|
-$11.08
|
-$12.78
|
-15.37%
|
$1.70
|
-$14.66
|
-24.44%
|
-$13.44
|
-17.58%
|
|
|
|
LLS
|
May-26
|
$96.60
|
$95.60
|
1.04%
|
$1.00
|
$67.32
|
43.49%
|
$65.98
|
46.41%
|
|
|
|
Mars
|
May-26
|
$98.54
|
$95.85
|
2.73%
|
$2.69
|
$64.49
|
52.81%
|
$65.15
|
51.25%
|
|
|
|
Sour
|
May-26
|
$95.26
|
$96.06
|
-0.84%
|
-$0.80
|
$66.25
|
43.78%
|
$64.59
|
47.49%
|
|
|
|
ESPO
|
May-26
|
$110.19
|
$106.65
|
3.21%
|
$3.54
|
$69.30
|
59.00%
|
$66.11
|
66.68%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/20/26
|
3/19/26
|
% Change
|
Change
|
2/20/26
|
% Change
|
3/20/25
|
% Change
|
|
|
|
NY Heating Oil
|
Apr-26
|
$4.66
|
$4.46
|
4.50%
|
$0.20
|
$2.48
|
88.33%
|
$2.17
|
114.69%
|
|
|
|
NY Gasoline
|
Apr-26
|
$3.30
|
$3.08
|
7.01%
|
$0.22
|
$2.24
|
47.15%
|
$2.04
|
61.64%
|
|
|
|
GC Gasoline
|
Apr-26
|
$3.16
|
$2.94
|
7.34%
|
$0.22
|
$2.10
|
50.29%
|
$1.94
|
62.75%
|
|
|
|
GC Jet
|
Apr-26
|
$4.91
|
$4.09
|
19.87%
|
$0.81
|
$2.24
|
119.27%
|
$2.10
|
133.24%
|
|
|
|
Chicago Ethanol
|
Apr-26
|
$2.00
|
$2.00
|
-0.25%
|
$0.00
|
$1.75
|
14.00%
|
$1.74
|
14.39%
|
|
|
|
Rotterdam Gasoil
|
Apr-26
|
$1,031.55
|
$1,048.89
|
-1.65%
|
-$17.34
|
$668.50
|
54.31%
|
$642.80
|
60.48%
|
|
|
|
Singapore Jet Kero
|
Apr-26
|
$179.78
|
$179.20
|
0.32%
|
$0.58
|
$89.76
|
100.29%
|
$85.35
|
110.63%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/20/26
|
3/19/26
|
% Change
|
Change
|
2/20/26
|
% Change
|
3/20/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-26
|
73.37%
|
60.85%
|
20.58%
|
12.52%
|
60.61%
|
21.05%
|
44.05%
|
66.56%
|
|
|
|
Algonquin Straddle
|
May-26
|
160.50%
|
152.27%
|
5.40%
|
8.23%
|
96.71%
|
65.96%
|
47.35%
|
238.97%
|
|
|
|
Waha Straddle
|
May-26
|
199.71%
|
368.08%
|
-45.74%
|
-168.37%
|
1284.01%
|
-84.45%
|
541.05%
|
-63.09%
|
|
|
|
Chicago Straddle
|
May-26
|
76.49%
|
64.68%
|
18.26%
|
11.81%
|
65.03%
|
17.62%
|
47.83%
|
59.92%
|
|
|
|
PJM West Straddle
|
May-26
|
45.96%
|
46.30%
|
-0.73%
|
-0.34%
|
44.58%
|
3.10%
|
56.43%
|
-18.55%
|
|
|
|
SP – 15 Straddle
|
May-26
|
297.04%
|
290.09%
|
2.40%
|
6.95%
|
293.57%
|
1.18%
|
254.66%
|
16.64%
|
|
|
|
Mid. C Straddle
|
May-26
|
54.22%
|
54.88%
|
-1.20%
|
-0.66%
|
24.04%
|
125.54%
|
59.13%
|
-8.30%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/20/26
|
3/19/26
|
% Change
|
Change
|
2/20/26
|
% Change
|
3/20/25
|
% Change
|
|
|
|
Dutch TTF
|
May-26
|
EUR 59.53
|
EUR 60.63
|
-1.83%
|
-EUR 1.11
|
EUR 30.53
|
94.97%
|
EUR 33.87
|
75.72%
|
|
|
|
NBP
|
May-26
|
GBP 151.00
|
GBP 153.90
|
-1.88%
|
-GBP 2.90
|
GBP 75.72
|
99.42%
|
GBP 82.70
|
82.58%
|
|
|
|
German Base
|
May-26
|
EUR 91.19
|
EUR 91.20
|
-0.01%
|
-EUR 0.01
|
EUR 65.95
|
38.27%
|
EUR 70.53
|
29.29%
|
|
|
|
UK Base
|
May-26
|
GBP 108.39
|
GBP 109.28
|
-0.82%
|
-GBP 0.89
|
GBP 69.52
|
55.91%
|
GBP 69.27
|
56.48%
|
|
|
|
French Base
|
May-26
|
EUR 25.04
|
EUR 23.00
|
8.89%
|
EUR 2.04
|
EUR 17.68
|
41.62%
|
EUR 40.97
|
-38.89%
|
|
|
|
Italian Base
|
May-26
|
EUR 137.90
|
EUR 146.80
|
-6.06%
|
-EUR 8.90
|
EUR 89.28
|
54.46%
|
EUR 92.74
|
48.69%
|
|
|
|
JKM LNG
|
May-26
|
$22.06
|
$23.16
|
-4.75%
|
-$1.10
|
$10.80
|
104.29%
|
$12.14
|
81.78%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/20/26
|
3/19/26
|
% Change
|
Change
|
2/20/26
|
% Change
|
3/20/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-26
|
$59.53
|
$60.63
|
-1.83%
|
-$1.11
|
$30.53
|
94.97%
|
$33.87
|
75.72%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-26
|
$151.00
|
$153.90
|
-1.88%
|
-$2.90
|
$75.72
|
99.42%
|
$82.70
|
82.58%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-26
|
$91.19
|
$91.20
|
-0.01%
|
-$0.01
|
$65.95
|
38.27%
|
$70.53
|
29.29%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-26
|
$108.39
|
$109.28
|
-0.82%
|
-$0.89
|
$69.52
|
55.91%
|
$69.27
|
56.48%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-26
|
$25.04
|
$23.00
|
8.89%
|
$2.04
|
$17.68
|
41.62%
|
$40.97
|
-38.89%
|
|
|
|
Supramax Timecharter (DRY)
|
May-26
|
$137.90
|
$146.80
|
-6.06%
|
-$8.90
|
$89.28
|
54.46%
|
$92.74
|
48.69%
|
|
|
|
Capesize Timecharter (DRY)
|
May-26
|
$22.06
|
$23.16
|
-4.75%
|
-$1.10
|
$10.80
|
104.29%
|
$12.14
|
81.78%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/21/2026
|
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
|
3
|
2
|
3
|
3
|
1
|
3
|
NA
|
NA
|
|
|
|
South Atlantic
|
7
|
-5
|
-2
|
90
|
-5
|
17
|
NA
|
NA
|
|
|
|
E S Central
|
1
|
-4
|
-1
|
25
|
1
|
20
|
NA
|
NA
|
|
|
|
W S Central
|
18
|
6
|
8
|
127
|
66
|
65
|
NA
|
NA
|
|
|
|
Mountain
|
18
|
16
|
18
|
29
|
20
|
27
|
NA
|
NA
|
|
|
|
Pacific
|
22
|
21
|
22
|
24
|
19
|
24
|
NA
|
NA
|
|
|
|
United States
|
8
|
3
|
5
|
38
|
10
|
17
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/21/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
199
|
-3
|
62
|
5,515
|
94
|
394
|
2.00%
|
8.00%
|
|
|
|
Middle Atlantic
|
181
|
-1
|
59
|
4,950
|
23
|
422
|
0.00%
|
9.00%
|
|
|
|
E N Central
|
184
|
-6
|
46
|
5,240
|
-219
|
258
|
-4.00%
|
5.00%
|
|
|
|
W N Central
|
179
|
-10
|
21
|
5,070
|
-715
|
-209
|
-12.00%
|
-4.00%
|
|
|
|
South Atlantic
|
88
|
7
|
32
|
2,454
|
-55
|
103
|
-2.00%
|
4.00%
|
|
|
|
E S Central
|
104
|
6
|
21
|
2,885
|
-302
|
-1
|
-9.00%
|
0.00%
|
|
|
|
W S Central
|
59
|
3
|
13
|
1,596
|
-515
|
-232
|
-24.00%
|
-13.00%
|
|
|
|
Mountain
|
70
|
-70
|
-90
|
3,276
|
-1,008
|
-695
|
-24.00%
|
-17.00%
|
|
|
|
Pacific
|
25
|
-68
|
-93
|
1,913
|
-635
|
-556
|
-25.00%
|
-23.00%
|
|
|
|
United States
|
115
|
-15
|
9
|
3,490
|
-327
|
-31
|
-9.00%
|
-1.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
