|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 9:16 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$2.902
|
$2.943
|
-1.39%
|
-$0.041
|
7,198
|
|
|
|
WTI
|
$88.07
|
$92.35
|
-4.63%
|
-$4.28
|
179,655
|
|
|
|
Brent
|
$99.60
|
$104.49
|
-4.68%
|
-$4.89
|
25,839
|
|
|
|
ULSD
|
$3.917
|
$4.291
|
-8.70%
|
-$0.374
|
3,350
|
|
|
|
RBOB
|
$2.968
|
$3.148
|
-5.72%
|
-$0.180
|
2,243
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$11.56
|
$12.14
|
-4.78%
|
-$0.58
|
May-26
|
|
|
|
3:2:1 Crack
|
$45.70
|
$50.48
|
-9.48%
|
-$4.79
|
May-26
|
|
|
|
PJM West Spark
|
$51.61
|
$50.97
|
1.25%
|
$0.64
|
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
|
3/24/26
|
3/23/26
|
% Change
|
Change
|
2/24/26
|
% Change
|
3/24/25
|
% Change
|
|
|
|
PJM West On Peak
|
Apr-26
|
$57.84
|
$57.27
|
1.00%
|
$0.57
|
$52.81
|
9.53%
|
$53.77
|
7.57%
|
|
|
|
ERCOT North On Peak
|
Apr-26
|
$32.37
|
$27.95
|
15.80%
|
$4.42
|
$27.37
|
18.25%
|
$42.01
|
-22.95%
|
|
|
|
CAISO SP 15 On Peak
|
Apr-26
|
$9.45
|
$8.92
|
5.88%
|
$0.52
|
$9.49
|
-0.48%
|
$6.62
|
42.69%
|
|
|
|
MISO Indiana On Peak
|
Apr-26
|
$43.81
|
$40.86
|
7.22%
|
$2.95
|
$43.27
|
1.24%
|
$49.65
|
-11.76%
|
|
|
|
NEISO Mass On Peak
|
Apr-26
|
$47.33
|
$42.79
|
10.61%
|
$4.54
|
$46.23
|
2.38%
|
$51.07
|
-7.31%
|
|
|
|
WECC Mid C On Peak
|
Apr-26
|
$19.00
|
$18.75
|
1.33%
|
$0.25
|
$34.83
|
-45.46%
|
$39.62
|
-52.05%
|
|
|
|
NYISO Zone G On Peak
|
Apr-26
|
$48.37
|
$44.14
|
9.58%
|
$4.23
|
$46.23
|
4.63%
|
$47.67
|
1.48%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/24/26
|
3/23/26
|
% Change
|
Change
|
2/24/26
|
% Change
|
3/24/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Apr-26
|
$2.943
|
$2.891
|
1.80%
|
$0.05
|
$2.83
|
3.96%
|
$3.93
|
-25.21%
|
|
|
|
Houston Ship Channel
|
Apr-26
|
-$0.420
|
-$0.442
|
-5.08%
|
$0.02
|
-$0.48
|
-12.30%
|
-$0.44
|
-3.49%
|
|
|
|
Chicago
|
Apr-26
|
-$0.377
|
-$0.382
|
1.32%
|
$0.00
|
-$0.33
|
14.50%
|
-$0.30
|
26.85%
|
|
|
|
Waha
|
Apr-26
|
-$5.630
|
-$5.700
|
-1.23%
|
$0.07
|
-$4.07
|
38.46%
|
-$3.81
|
47.65%
|
|
|
|
Algonquin
|
Apr-26
|
-$0.380
|
-$0.360
|
-5.56%
|
-$0.02
|
-$0.27
|
38.48%
|
$0.33
|
-214.25%
|
|
|
|
Aeco
|
Apr-26
|
-$1.630
|
-$1.615
|
0.93%
|
-$0.01
|
-$1.73
|
-5.55%
|
-$1.87
|
-12.83%
|
|
|
|
Socal
|
Apr-26
|
-$1.645
|
-$1.565
|
5.11%
|
-$0.08
|
-$1.51
|
9.18%
|
-$0.68
|
143.70%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/24/26
|
3/23/26
|
% Change
|
Change
|
2/24/26
|
% Change
|
3/24/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Apr-26
|
$0.860
|
$0.835
|
2.99%
|
$0.03
|
$0.63
|
36.51%
|
$0.75
|
14.26%
|
|
|
|
Mt. Belvieu Propane non LST
|
Apr-26
|
$0.814
|
$0.773
|
5.34%
|
$0.04
|
$0.61
|
33.95%
|
$0.75
|
7.85%
|
|
|
|
Mt. Belview Ethane
|
Apr-26
|
$0.236
|
$0.234
|
1.07%
|
$0.00
|
$0.22
|
9.25%
|
$0.28
|
-15.65%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Apr-26
|
$2.113
|
$2.028
|
4.19%
|
$0.09
|
$1.32
|
60.34%
|
$1.32
|
59.50%
|
|
|
|
Mt. Belvieu Butane LST
|
Apr-26
|
$1.124
|
$1.121
|
0.21%
|
$0.00
|
$0.74
|
51.29%
|
$0.83
|
35.23%
|
|
|
|
Far East Propane
|
Apr-26
|
$8.581
|
$9.150
|
-6.22%
|
-$0.57
|
$5.35
|
60.39%
|
$5.32
|
61.27%
|
|
|
|
Saudi Propane
|
Apr-26
|
$6.260
|
$6.060
|
3.30%
|
$0.20
|
$5.27
|
18.79%
|
$5.18
|
20.81%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/24/26
|
3/23/26
|
% Change
|
Change
|
2/24/26
|
% Change
|
3/24/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$92.35
|
$88.13
|
4.57%
|
$4.22
|
$65.54
|
40.91%
|
$64.81
|
42.49%
|
|
|
|
Brent
|
May-26
|
$104.49
|
$99.94
|
4.35%
|
$4.55
|
$70.58
|
48.04%
|
$68.53
|
52.47%
|
|
|
|
WCS
|
May-26
|
-$12.02
|
-$11.37
|
5.44%
|
-$0.65
|
-$13.66
|
-12.01%
|
-$13.55
|
-11.25%
|
|
|
|
LLS
|
May-26
|
$88.91
|
$89.40
|
-0.56%
|
-$0.50
|
$67.24
|
32.23%
|
$67.28
|
32.14%
|
|
|
|
Mars
|
May-26
|
$91.68
|
$91.69
|
-0.01%
|
-$0.01
|
$64.83
|
41.42%
|
$65.66
|
39.63%
|
|
|
|
Sour
|
May-26
|
$90.27
|
$94.93
|
-5.17%
|
-$4.67
|
$66.13
|
36.50%
|
$65.00
|
38.88%
|
|
|
|
ESPO
|
May-26
|
$102.49
|
$97.94
|
4.44%
|
$4.55
|
$68.58
|
49.45%
|
$66.53
|
54.05%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/24/26
|
3/23/26
|
% Change
|
Change
|
2/24/26
|
% Change
|
3/24/25
|
% Change
|
|
|
|
NY Heating Oil
|
Apr-26
|
$4.27
|
$4.04
|
5.59%
|
$0.23
|
$2.54
|
68.04%
|
$2.17
|
97.05%
|
|
|
|
NY Gasoline
|
Apr-26
|
$3.08
|
$2.95
|
4.38%
|
$0.13
|
$2.24
|
37.28%
|
$2.08
|
47.98%
|
|
|
|
GC Gasoline
|
Apr-26
|
$2.93
|
$2.81
|
4.60%
|
$0.13
|
$2.10
|
39.76%
|
$1.98
|
48.38%
|
|
|
|
GC Jet
|
Apr-26
|
$4.16
|
$4.06
|
2.34%
|
$0.10
|
$2.21
|
88.01%
|
$2.06
|
102.19%
|
|
|
|
Chicago Ethanol
|
Apr-26
|
$2.00
|
$1.98
|
1.27%
|
$0.02
|
$1.76
|
13.77%
|
$1.74
|
14.88%
|
|
|
|
Rotterdam Gasoil
|
Apr-26
|
$972.50
|
$1,032.53
|
-5.81%
|
-$60.03
|
$668.50
|
45.47%
|
$644.99
|
50.78%
|
|
|
|
Singapore Jet Kero
|
Apr-26
|
$171.75
|
$192.34
|
-10.70%
|
-$20.59
|
$90.88
|
88.99%
|
$86.14
|
99.39%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/24/26
|
3/23/26
|
% Change
|
Change
|
2/24/26
|
% Change
|
3/24/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-26
|
66.71%
|
76.07%
|
-12.30%
|
-9.36%
|
54.48%
|
22.45%
|
45.62%
|
46.23%
|
|
|
|
Algonquin Straddle
|
May-26
|
150.91%
|
161.44%
|
-6.52%
|
-10.53%
|
133.55%
|
13.00%
|
49.44%
|
205.24%
|
|
|
|
Waha Straddle
|
May-26
|
198.29%
|
212.14%
|
-6.53%
|
-13.85%
|
1168.45%
|
-83.03%
|
526.46%
|
-62.34%
|
|
|
|
Chicago Straddle
|
May-26
|
71.85%
|
81.35%
|
-11.68%
|
-9.50%
|
59.70%
|
20.35%
|
49.80%
|
44.28%
|
|
|
|
PJM West Straddle
|
May-26
|
45.27%
|
46.27%
|
-2.16%
|
-1.00%
|
41.91%
|
8.02%
|
55.38%
|
-18.26%
|
|
|
|
SP – 15 Straddle
|
May-26
|
305.43%
|
300.05%
|
1.79%
|
5.38%
|
304.34%
|
0.36%
|
250.45%
|
21.95%
|
|
|
|
Mid. C Straddle
|
May-26
|
80.47%
|
77.17%
|
4.28%
|
3.30%
|
24.01%
|
235.15%
|
55.28%
|
45.57%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/24/26
|
3/23/26
|
% Change
|
Change
|
2/24/26
|
% Change
|
3/24/25
|
% Change
|
|
|
|
Dutch TTF
|
May-26
|
EUR 53.55
|
EUR 56.31
|
-4.89%
|
-EUR 2.76
|
EUR 29.85
|
79.37%
|
EUR 34.35
|
55.90%
|
|
|
|
NBP
|
May-26
|
GBP 134.29
|
GBP 142.00
|
-5.43%
|
-GBP 7.71
|
GBP 72.73
|
84.64%
|
GBP 83.20
|
61.41%
|
|
|
|
German Base
|
May-26
|
EUR 88.37
|
EUR 89.88
|
-1.68%
|
-EUR 1.51
|
EUR 65.42
|
35.08%
|
EUR 69.83
|
26.54%
|
|
|
|
UK Base
|
May-26
|
GBP 103.06
|
GBP 101.31
|
1.73%
|
GBP 1.75
|
GBP 67.66
|
52.33%
|
GBP 68.24
|
51.02%
|
|
|
|
French Base
|
May-26
|
EUR 22.24
|
EUR 23.79
|
-6.51%
|
-EUR 1.55
|
EUR 16.15
|
37.73%
|
EUR 37.64
|
-40.90%
|
|
|
|
Italian Base
|
May-26
|
EUR 130.93
|
EUR 142.11
|
-7.87%
|
-EUR 11.18
|
EUR 84.67
|
54.64%
|
EUR 93.14
|
40.57%
|
|
|
|
JKM LNG
|
May-26
|
$19.41
|
$20.29
|
-4.37%
|
-$0.89
|
$10.60
|
83.08%
|
$12.01
|
61.65%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/24/26
|
3/23/26
|
% Change
|
Change
|
2/24/26
|
% Change
|
3/24/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-26
|
$53.55
|
$56.31
|
-4.89%
|
-$2.76
|
$29.85
|
79.37%
|
$34.35
|
55.90%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-26
|
$134.29
|
$142.00
|
-5.43%
|
-$7.71
|
$72.73
|
84.64%
|
$83.20
|
61.41%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-26
|
$88.37
|
$89.88
|
-1.68%
|
-$1.51
|
$65.42
|
35.08%
|
$69.83
|
26.54%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-26
|
$103.06
|
$101.31
|
1.73%
|
$1.75
|
$67.66
|
52.33%
|
$68.24
|
51.02%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-26
|
$22.24
|
$23.79
|
-6.51%
|
-$1.55
|
$16.15
|
37.73%
|
$37.64
|
-40.90%
|
|
|
|
Supramax Timecharter (DRY)
|
May-26
|
$130.93
|
$142.11
|
-7.87%
|
-$11.18
|
$84.67
|
54.64%
|
$93.14
|
40.57%
|
|
|
|
Capesize Timecharter (DRY)
|
May-26
|
$19.41
|
$20.29
|
-4.37%
|
-$0.89
|
$10.60
|
83.08%
|
$12.01
|
61.65%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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|
