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|
Prices as of 8:22 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$2.974
|
$2.952
|
0.75%
|
$0.022
|
5,083
|
|
|
|
WTI
|
$94.43
|
$90.32
|
4.55%
|
$4.11
|
112,623
|
|
|
|
Brent
|
$107.58
|
$102.22
|
5.24%
|
$5.36
|
11,363
|
|
|
|
ULSD
|
$4.270
|
$4.006
|
6.58%
|
$0.264
|
1,300
|
|
|
|
RBOB
|
$3.094
|
$3.012
|
2.70%
|
$0.081
|
2,315
|
|
|
|
|
|
|
|
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|
|
|
|
Spreads
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$13.04
|
$11.90
|
9.58%
|
$1.14
|
May-26
|
|
|
|
3:2:1 Crack
|
$47.95
|
$45.91
|
4.44%
|
$2.04
|
May-26
|
|
|
|
PJM West Spark
|
$53.75
|
$51.52
|
4.32%
|
$2.23
|
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
|
3/25/26
|
3/24/26
|
% Change
|
Change
|
2/25/26
|
% Change
|
3/25/25
|
% Change
|
|
|
|
PJM West On Peak
|
Apr-26
|
$60.13
|
$57.84
|
3.95%
|
$2.29
|
$53.62
|
12.12%
|
$54.43
|
10.47%
|
|
|
|
ERCOT North On Peak
|
Apr-26
|
$29.07
|
$32.37
|
-10.20%
|
-$3.30
|
$28.97
|
0.33%
|
$41.32
|
-29.65%
|
|
|
|
CAISO SP 15 On Peak
|
Apr-26
|
$9.64
|
$9.45
|
2.05%
|
$0.19
|
$8.63
|
11.70%
|
$6.47
|
49.10%
|
|
|
|
MISO Indiana On Peak
|
Apr-26
|
$45.34
|
$43.81
|
3.50%
|
$1.53
|
$42.67
|
6.26%
|
$49.91
|
-9.16%
|
|
|
|
NEISO Mass On Peak
|
Apr-26
|
$45.64
|
$47.33
|
-3.58%
|
-$1.69
|
$46.77
|
-2.42%
|
$52.91
|
-13.75%
|
|
|
|
WECC Mid C On Peak
|
Apr-26
|
$17.50
|
$19.00
|
-7.89%
|
-$1.50
|
$35.34
|
-50.48%
|
$39.21
|
-55.37%
|
|
|
|
NYISO Zone G On Peak
|
Apr-26
|
$46.39
|
$48.37
|
-4.09%
|
-$1.98
|
$46.41
|
-0.05%
|
$49.06
|
-5.44%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/25/26
|
3/24/26
|
% Change
|
Change
|
2/25/26
|
% Change
|
3/25/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Apr-26
|
$2.952
|
$2.943
|
0.31%
|
$0.01
|
$2.87
|
2.93%
|
$3.93
|
-24.98%
|
|
|
|
Houston Ship Channel
|
Apr-26
|
-$0.430
|
-$0.420
|
2.38%
|
-$0.01
|
-$0.47
|
-8.94%
|
-$0.44
|
-1.24%
|
|
|
|
Chicago
|
Apr-26
|
-$0.373
|
-$0.377
|
1.34%
|
$0.00
|
-$0.34
|
9.91%
|
-$0.30
|
25.00%
|
|
|
|
Waha
|
Apr-26
|
-$6.105
|
-$5.630
|
-8.44%
|
-$0.47
|
-$3.92
|
55.67%
|
-$3.89
|
56.74%
|
|
|
|
Algonquin
|
Apr-26
|
-$0.407
|
-$0.380
|
-7.24%
|
-$0.03
|
$0.03
|
-1667.31%
|
$0.33
|
-221.75%
|
|
|
|
Aeco
|
Apr-26
|
-$1.670
|
-$1.630
|
2.45%
|
-$0.04
|
-$1.75
|
-4.49%
|
-$1.88
|
-11.26%
|
|
|
|
Socal
|
Apr-26
|
-$1.680
|
-$1.645
|
2.13%
|
-$0.03
|
-$1.57
|
6.78%
|
-$0.68
|
146.99%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/25/26
|
3/24/26
|
% Change
|
Change
|
2/25/26
|
% Change
|
3/25/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Apr-26
|
$0.855
|
$0.860
|
-0.58%
|
-$0.01
|
$0.65
|
31.54%
|
$0.76
|
13.19%
|
|
|
|
Mt. Belvieu Propane non LST
|
Apr-26
|
$0.814
|
$0.814
|
0.00%
|
$0.00
|
$0.62
|
31.78%
|
$0.75
|
7.83%
|
|
|
|
Mt. Belview Ethane
|
Apr-26
|
$0.234
|
$0.236
|
-1.06%
|
$0.00
|
$0.22
|
8.09%
|
$0.28
|
-17.54%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Apr-26
|
$2.043
|
$2.113
|
-3.31%
|
-$0.07
|
$1.32
|
54.30%
|
$1.34
|
52.89%
|
|
|
|
Mt. Belvieu Butane LST
|
Apr-26
|
$1.131
|
$1.124
|
0.66%
|
$0.01
|
$0.77
|
47.61%
|
$0.84
|
34.56%
|
|
|
|
Far East Propane
|
Apr-26
|
$8.140
|
$8.581
|
-5.13%
|
-$0.44
|
$5.54
|
46.93%
|
$5.33
|
52.86%
|
|
|
|
Saudi Propane
|
Apr-26
|
$6.390
|
$6.260
|
2.08%
|
$0.13
|
$5.50
|
16.18%
|
$5.20
|
22.84%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/25/26
|
3/24/26
|
% Change
|
Change
|
2/25/26
|
% Change
|
3/25/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$90.32
|
$92.35
|
-2.25%
|
-$2.03
|
$65.33
|
38.25%
|
$64.83
|
39.32%
|
|
|
|
Brent
|
May-26
|
$102.22
|
$104.49
|
-2.22%
|
-$2.27
|
$70.69
|
44.60%
|
$68.53
|
49.16%
|
|
|
|
WCS
|
May-26
|
-$11.98
|
-$12.02
|
-0.37%
|
$0.04
|
-$13.66
|
-12.29%
|
-$13.49
|
-11.23%
|
|
|
|
LLS
|
May-26
|
$89.76
|
$88.91
|
0.95%
|
$0.86
|
$66.65
|
34.67%
|
$67.87
|
32.27%
|
|
|
|
Mars
|
May-26
|
$91.99
|
$91.68
|
0.34%
|
$0.31
|
$64.69
|
42.21%
|
$65.27
|
40.94%
|
|
|
|
Sour
|
May-26
|
$91.17
|
$90.27
|
0.99%
|
$0.90
|
$65.41
|
39.37%
|
$64.59
|
41.15%
|
|
|
|
ESPO
|
May-26
|
$100.22
|
$102.49
|
-2.27%
|
-$2.27
|
$68.69
|
45.90%
|
$66.53
|
50.64%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/25/26
|
3/24/26
|
% Change
|
Change
|
2/25/26
|
% Change
|
3/25/25
|
% Change
|
|
|
|
NY Heating Oil
|
Apr-26
|
$4.00
|
$4.27
|
-6.32%
|
-$0.27
|
$2.54
|
57.54%
|
$2.19
|
82.57%
|
|
|
|
NY Gasoline
|
Apr-26
|
$2.96
|
$3.08
|
-3.58%
|
-$0.11
|
$2.25
|
31.90%
|
$2.09
|
41.60%
|
|
|
|
GC Gasoline
|
Apr-26
|
$2.83
|
$2.93
|
-3.75%
|
-$0.11
|
$2.11
|
34.01%
|
$1.99
|
41.68%
|
|
|
|
GC Jet
|
Apr-26
|
$4.09
|
$4.16
|
-1.56%
|
-$0.07
|
$2.18
|
87.96%
|
$2.09
|
95.79%
|
|
|
|
Chicago Ethanol
|
Apr-26
|
$2.02
|
$2.00
|
0.75%
|
$0.02
|
$1.81
|
11.33%
|
$1.73
|
16.47%
|
|
|
|
Rotterdam Gasoil
|
Apr-26
|
$924.42
|
$972.50
|
-4.94%
|
-$48.08
|
$672.00
|
37.56%
|
$641.93
|
44.01%
|
|
|
|
Singapore Jet Kero
|
Apr-26
|
$152.51
|
$171.75
|
-11.20%
|
-$19.24
|
$90.50
|
68.52%
|
$85.08
|
79.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/25/26
|
3/24/26
|
% Change
|
Change
|
2/25/26
|
% Change
|
3/25/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-26
|
62.67%
|
66.71%
|
-6.06%
|
-4.04%
|
52.05%
|
20.40%
|
39.44%
|
58.90%
|
|
|
|
Algonquin Straddle
|
May-26
|
143.81%
|
150.91%
|
-4.70%
|
-7.10%
|
134.96%
|
6.56%
|
43.13%
|
233.43%
|
|
|
|
Waha Straddle
|
May-26
|
188.16%
|
198.29%
|
-5.11%
|
-10.13%
|
1115.21%
|
-83.13%
|
543.13%
|
-65.36%
|
|
|
|
Chicago Straddle
|
May-26
|
67.53%
|
71.85%
|
-6.01%
|
-4.32%
|
56.92%
|
18.64%
|
42.54%
|
58.74%
|
|
|
|
PJM West Straddle
|
May-26
|
47.58%
|
45.27%
|
5.10%
|
2.31%
|
40.66%
|
17.02%
|
55.47%
|
-14.22%
|
|
|
|
SP – 15 Straddle
|
May-26
|
317.27%
|
305.43%
|
3.88%
|
11.84%
|
293.75%
|
8.01%
|
234.00%
|
35.59%
|
|
|
|
Mid. C Straddle
|
May-26
|
0.00%
|
80.47%
|
-100.00%
|
-80.47%
|
22.13%
|
-100.00%
|
47.36%
|
-100.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/25/26
|
3/24/26
|
% Change
|
Change
|
2/25/26
|
% Change
|
3/25/25
|
% Change
|
|
|
|
Dutch TTF
|
May-26
|
EUR 52.30
|
EUR 53.55
|
-2.33%
|
-EUR 1.25
|
EUR 30.55
|
71.19%
|
EUR 33.15
|
57.76%
|
|
|
|
NBP
|
May-26
|
GBP 130.97
|
GBP 134.29
|
-2.47%
|
-GBP 3.32
|
GBP 74.48
|
75.85%
|
GBP 82.30
|
59.14%
|
|
|
|
German Base
|
May-26
|
EUR 86.69
|
EUR 88.37
|
-1.90%
|
-EUR 1.68
|
EUR 66.48
|
30.40%
|
EUR 68.48
|
26.59%
|
|
|
|
UK Base
|
May-26
|
GBP 98.59
|
GBP 103.06
|
-4.34%
|
-GBP 4.47
|
GBP 66.96
|
47.24%
|
GBP 68.46
|
44.01%
|
|
|
|
French Base
|
May-26
|
EUR 23.89
|
EUR 22.24
|
7.41%
|
EUR 1.65
|
EUR 17.00
|
40.54%
|
EUR 34.22
|
-30.18%
|
|
|
|
Italian Base
|
May-26
|
EUR 124.90
|
EUR 130.93
|
-4.61%
|
-EUR 6.03
|
EUR 86.35
|
44.65%
|
EUR 90.15
|
38.55%
|
|
|
|
JKM LNG
|
May-26
|
$18.48
|
$19.41
|
-4.77%
|
-$0.93
|
$10.56
|
75.00%
|
$11.44
|
61.62%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/25/26
|
3/24/26
|
% Change
|
Change
|
2/25/26
|
% Change
|
3/25/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-26
|
$52.30
|
$53.55
|
-2.33%
|
-$1.25
|
$30.55
|
71.19%
|
$33.15
|
57.76%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-26
|
$130.97
|
$134.29
|
-2.47%
|
-$3.32
|
$74.48
|
75.85%
|
$82.30
|
59.14%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-26
|
$86.69
|
$88.37
|
-1.90%
|
-$1.68
|
$66.48
|
30.40%
|
$68.48
|
26.59%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-26
|
$98.59
|
$103.06
|
-4.34%
|
-$4.47
|
$66.96
|
47.24%
|
$68.46
|
44.01%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-26
|
$23.89
|
$22.24
|
7.41%
|
$1.65
|
$17.00
|
40.54%
|
$34.22
|
-30.18%
|
|
|
|
Supramax Timecharter (DRY)
|
May-26
|
$124.90
|
$130.93
|
-4.61%
|
-$6.03
|
$86.35
|
44.65%
|
$90.15
|
38.55%
|
|
|
|
Capesize Timecharter (DRY)
|
May-26
|
$18.48
|
$19.41
|
-4.77%
|
-$0.93
|
$10.56
|
75.00%
|
$11.44
|
61.62%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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