|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:52 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$3.115
|
$2.999
|
3.87%
|
$0.116
|
590
|
|
|
|
WTI
|
$97.11
|
$94.48
|
2.78%
|
$2.63
|
97,225
|
|
|
|
Brent
|
$111.41
|
$108.01
|
3.15%
|
$3.40
|
6,086
|
|
|
|
ULSD
|
$4.366
|
$4.273
|
2.17%
|
$0.093
|
2,321
|
|
|
|
RBOB
|
$3.204
|
$3.130
|
2.34%
|
$0.073
|
1,503
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$14.06
|
$13.53
|
3.92%
|
$0.53
|
May-26
|
|
|
|
3:2:1 Crack
|
$50.35
|
$48.95
|
2.86%
|
$1.40
|
May-26
|
|
|
|
PJM West Spark
|
$53.91
|
$53.71
|
0.38%
|
$0.20
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/26/21
|
|
|
|
|
|
3/20/26
|
3/13/26
|
Net Change
|
% Change
|
3/21/25
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
271
|
302
|
-31
|
-10.26%
|
298
|
-9.06%
|
321
|
-15.47%
|
|
|
|
Midwest
|
351
|
374
|
-23
|
-6.15%
|
367
|
-4.36%
|
410
|
-14.39%
|
|
|
|
Mountain
|
204
|
201
|
3
|
1.49%
|
163
|
25.15%
|
122
|
66.67%
|
|
|
|
Pacific
|
257
|
258
|
-1
|
-0.39%
|
192
|
33.85%
|
169
|
52.43%
|
|
|
|
South
|
745
|
747
|
-2
|
-0.27%
|
725
|
2.76%
|
793
|
-6.01%
|
|
|
|
Salt
|
197
|
192
|
5
|
2.60%
|
202
|
-2.48%
|
231
|
-14.57%
|
|
|
|
Non_Salt
|
549
|
555
|
-6
|
-1.08%
|
523
|
4.97%
|
562
|
-2.35%
|
|
|
|
Total
|
1,829
|
1,883
|
-54
|
-2.87%
|
1,744
|
4.87%
|
1,814
|
0.80%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/26/26
|
3/25/26
|
% Change
|
Change
|
2/26/26
|
% Change
|
3/26/25
|
% Change
|
|
|
|
PJM West On Peak
|
Apr-26
|
$60.50
|
$60.13
|
0.62%
|
$0.37
|
$52.37
|
15.52%
|
$52.95
|
14.25%
|
|
|
|
ERCOT North On Peak
|
Apr-26
|
$30.50
|
$29.07
|
4.92%
|
$1.43
|
$31.28
|
-2.50%
|
$41.32
|
-26.20%
|
|
|
|
CAISO SP 15 On Peak
|
Apr-26
|
$9.51
|
$9.64
|
-1.34%
|
-$0.13
|
$9.05
|
5.07%
|
$6.36
|
49.61%
|
|
|
|
MISO Indiana On Peak
|
Apr-26
|
$45.73
|
$45.34
|
0.86%
|
$0.39
|
$41.92
|
9.11%
|
$48.50
|
-5.71%
|
|
|
|
NEISO Mass On Peak
|
Apr-26
|
$45.56
|
$45.64
|
-0.16%
|
-$0.08
|
$44.81
|
1.68%
|
$50.86
|
-10.42%
|
|
|
|
WECC Mid C On Peak
|
Apr-26
|
$17.00
|
$17.50
|
-2.86%
|
-$0.50
|
$33.32
|
-48.98%
|
$38.30
|
-55.61%
|
|
|
|
NYISO Zone G On Peak
|
Apr-26
|
$47.18
|
$46.39
|
1.70%
|
$0.79
|
$45.05
|
4.72%
|
$47.97
|
-1.65%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/26/26
|
3/25/26
|
% Change
|
Change
|
2/26/26
|
% Change
|
3/26/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Apr-26
|
$2.999
|
$2.952
|
1.59%
|
$0.05
|
$2.83
|
6.08%
|
$3.94
|
-23.81%
|
|
|
|
Houston Ship Channel
|
Apr-26
|
-$0.420
|
-$0.430
|
-2.33%
|
$0.01
|
-$0.46
|
-8.12%
|
-$0.43
|
-3.36%
|
|
|
|
Chicago
|
Apr-26
|
-$0.375
|
-$0.373
|
-0.67%
|
$0.00
|
-$0.33
|
13.71%
|
-$0.30
|
24.13%
|
|
|
|
Waha
|
Apr-26
|
-$6.120
|
-$6.105
|
-0.25%
|
-$0.01
|
-$3.95
|
54.87%
|
-$3.94
|
55.24%
|
|
|
|
Algonquin
|
Apr-26
|
-$0.425
|
-$0.407
|
-4.29%
|
-$0.02
|
$0.04
|
-1224.34%
|
$0.31
|
-236.92%
|
|
|
|
Aeco
|
Apr-26
|
-$1.680
|
-$1.670
|
0.60%
|
-$0.01
|
-$1.76
|
-4.50%
|
-$1.86
|
-9.87%
|
|
|
|
Socal
|
Apr-26
|
-$1.750
|
-$1.680
|
4.17%
|
-$0.07
|
-$1.58
|
10.87%
|
-$0.68
|
157.47%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/26/26
|
3/25/26
|
% Change
|
Change
|
2/26/26
|
% Change
|
3/26/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Apr-26
|
$0.890
|
$0.855
|
4.09%
|
$0.04
|
$0.66
|
35.88%
|
$0.76
|
17.13%
|
|
|
|
Mt. Belvieu Propane non LST
|
Apr-26
|
$0.848
|
$0.814
|
4.15%
|
$0.03
|
$0.64
|
33.46%
|
$0.76
|
12.09%
|
|
|
|
Mt. Belview Ethane
|
Apr-26
|
$0.239
|
$0.234
|
2.14%
|
$0.00
|
$0.22
|
11.05%
|
$0.28
|
-15.75%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Apr-26
|
$2.160
|
$2.043
|
5.75%
|
$0.12
|
$1.34
|
61.80%
|
$1.35
|
60.13%
|
|
|
|
Mt. Belvieu Butane LST
|
Apr-26
|
$1.147
|
$1.131
|
1.39%
|
$0.02
|
$0.80
|
43.71%
|
$0.84
|
35.78%
|
|
|
|
Far East Propane
|
Apr-26
|
$8.737
|
$8.140
|
7.33%
|
$0.60
|
$5.56
|
57.14%
|
$5.34
|
63.71%
|
|
|
|
Saudi Propane
|
Apr-26
|
$6.400
|
$6.390
|
0.16%
|
$0.01
|
$5.49
|
16.58%
|
$5.23
|
22.43%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/26/26
|
3/25/26
|
% Change
|
Change
|
2/26/26
|
% Change
|
3/26/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$94.48
|
$90.32
|
4.40%
|
$4.16
|
$65.11
|
45.11%
|
$65.22
|
44.86%
|
|
|
|
Brent
|
May-26
|
$108.01
|
$102.22
|
5.36%
|
$5.79
|
$70.84
|
52.47%
|
$68.97
|
56.60%
|
|
|
|
WCS
|
May-26
|
-$13.18
|
-$11.98
|
9.11%
|
-$1.20
|
-$14.39
|
-8.42%
|
-$13.60
|
-3.08%
|
|
|
|
LLS
|
May-26
|
$93.21
|
$89.76
|
3.69%
|
$3.44
|
$66.49
|
40.17%
|
$68.02
|
37.02%
|
|
|
|
Mars
|
May-26
|
$95.57
|
$91.99
|
3.74%
|
$3.58
|
$63.79
|
49.82%
|
$65.78
|
45.29%
|
|
|
|
Sour
|
May-26
|
$94.54
|
$91.17
|
3.57%
|
$3.37
|
$65.46
|
44.44%
|
$65.30
|
44.79%
|
|
|
|
ESPO
|
May-26
|
$106.01
|
$100.22
|
5.46%
|
$5.79
|
$68.84
|
53.99%
|
$66.97
|
58.29%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/26/26
|
3/25/26
|
% Change
|
Change
|
2/26/26
|
% Change
|
3/26/25
|
% Change
|
|
|
|
NY Heating Oil
|
Apr-26
|
$4.20
|
$4.00
|
5.12%
|
$0.20
|
$2.58
|
63.17%
|
$2.19
|
91.75%
|
|
|
|
NY Gasoline
|
Apr-26
|
$3.13
|
$2.96
|
5.46%
|
$0.16
|
$2.27
|
37.75%
|
$2.11
|
48.41%
|
|
|
|
GC Gasoline
|
Apr-26
|
$2.99
|
$2.83
|
5.73%
|
$0.16
|
$2.13
|
40.23%
|
$2.01
|
48.83%
|
|
|
|
GC Jet
|
Apr-26
|
$4.21
|
$4.09
|
2.91%
|
$0.12
|
$2.27
|
85.50%
|
$2.02
|
108.88%
|
|
|
|
Chicago Ethanol
|
Apr-26
|
$2.03
|
$2.02
|
0.50%
|
$0.01
|
$1.81
|
11.88%
|
$1.70
|
19.05%
|
|
|
|
Rotterdam Gasoil
|
Apr-26
|
$960.26
|
$924.42
|
3.88%
|
$35.84
|
$675.50
|
42.16%
|
$651.89
|
47.30%
|
|
|
|
Singapore Jet Kero
|
Apr-26
|
$153.57
|
$152.51
|
0.70%
|
$1.06
|
$91.00
|
68.76%
|
$85.18
|
80.30%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/26/26
|
3/25/26
|
% Change
|
Change
|
2/26/26
|
% Change
|
3/26/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-26
|
60.00%
|
62.67%
|
-4.26%
|
-2.67%
|
51.72%
|
16.01%
|
39.02%
|
53.77%
|
|
|
|
Algonquin Straddle
|
May-26
|
138.73%
|
143.81%
|
-3.53%
|
-5.08%
|
129.85%
|
6.84%
|
43.73%
|
217.24%
|
|
|
|
Waha Straddle
|
May-26
|
197.95%
|
188.16%
|
5.20%
|
9.79%
|
1133.91%
|
-82.54%
|
537.19%
|
-63.15%
|
|
|
|
Chicago Straddle
|
May-26
|
65.08%
|
67.53%
|
-3.63%
|
-2.45%
|
57.05%
|
14.08%
|
42.25%
|
54.04%
|
|
|
|
PJM West Straddle
|
May-26
|
46.97%
|
47.58%
|
-1.28%
|
-0.61%
|
40.02%
|
17.37%
|
55.64%
|
-15.58%
|
|
|
|
SP – 15 Straddle
|
May-26
|
322.10%
|
317.27%
|
1.52%
|
4.83%
|
293.40%
|
9.78%
|
234.18%
|
37.54%
|
|
|
|
Mid. C Straddle
|
May-26
|
0.00%
|
0.00%
|
#DIV/0!
|
0.00%
|
22.24%
|
-100.00%
|
45.82%
|
-100.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/26/26
|
3/25/26
|
% Change
|
Change
|
2/26/26
|
% Change
|
3/26/25
|
% Change
|
|
|
|
Dutch TTF
|
May-26
|
EUR 55.79
|
EUR 52.30
|
6.67%
|
EUR 3.49
|
EUR 31.38
|
77.82%
|
EUR 33.40
|
67.04%
|
|
|
|
NBP
|
May-26
|
GBP 139.49
|
GBP 130.97
|
6.51%
|
GBP 8.52
|
GBP 77.07
|
80.99%
|
GBP 83.00
|
68.06%
|
|
|
|
German Base
|
May-26
|
EUR 89.42
|
EUR 86.69
|
3.15%
|
EUR 2.73
|
EUR 66.66
|
34.14%
|
EUR 68.71
|
30.13%
|
|
|
|
UK Base
|
May-26
|
GBP 103.96
|
GBP 98.59
|
5.44%
|
GBP 5.36
|
GBP 64.71
|
60.64%
|
GBP 68.65
|
51.44%
|
|
|
|
French Base
|
May-26
|
EUR 24.86
|
EUR 23.89
|
4.03%
|
EUR 0.96
|
EUR 11.60
|
114.21%
|
EUR 37.83
|
-34.29%
|
|
|
|
Italian Base
|
May-26
|
EUR 129.11
|
EUR 124.90
|
3.37%
|
EUR 4.21
|
EUR 82.44
|
56.61%
|
EUR 92.95
|
38.90%
|
|
|
|
JKM LNG
|
May-26
|
$21.23
|
$18.48
|
14.88%
|
$2.75
|
$10.88
|
95.20%
|
$11.22
|
89.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/26/26
|
3/25/26
|
% Change
|
Change
|
2/26/26
|
% Change
|
3/26/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-26
|
$55.79
|
$52.30
|
6.67%
|
$3.49
|
$31.38
|
77.82%
|
$33.40
|
67.04%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-26
|
$139.49
|
$130.97
|
6.51%
|
$8.52
|
$77.07
|
80.99%
|
$83.00
|
68.06%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-26
|
$89.42
|
$86.69
|
3.15%
|
$2.73
|
$66.66
|
34.14%
|
$68.71
|
30.13%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-26
|
$103.96
|
$98.59
|
5.44%
|
$5.36
|
$64.71
|
60.64%
|
$68.65
|
51.44%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-26
|
$24.86
|
$23.89
|
4.03%
|
$0.96
|
$11.60
|
114.21%
|
$37.83
|
-34.29%
|
|
|
|
Supramax Timecharter (DRY)
|
May-26
|
$129.11
|
$124.90
|
3.37%
|
$4.21
|
$82.44
|
56.61%
|
$92.95
|
38.90%
|
|
|
|
Capesize Timecharter (DRY)
|
May-26
|
$21.23
|
$18.48
|
14.88%
|
$2.75
|
$10.88
|
95.20%
|
$11.22
|
89.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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|
