|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:32 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$2.919
|
$3.095
|
-5.69%
|
-$0.176
|
26,891
|
|
|
|
WTI
|
$101.05
|
$99.64
|
1.42%
|
$1.41
|
129,290
|
|
|
|
Brent
|
$114.60
|
$112.57
|
1.80%
|
$2.03
|
5,068
|
|
|
|
ULSD
|
$4.630
|
$4.496
|
2.99%
|
$0.134
|
353
|
|
|
|
RBOB
|
$3.294
|
$3.250
|
1.34%
|
$0.043
|
724
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$13.94
|
$12.93
|
7.81%
|
$1.01
|
May-26
|
|
|
|
3:2:1 Crack
|
$50.36
|
$49.02
|
2.74%
|
$1.34
|
May-26
|
|
|
|
PJM West Spark
|
NA
|
NA
|
NA
|
NA
|
Apr-26
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
03/27/26
|
543
|
-9
|
-49
|
03/28/25
|
|
|
|
Canada
|
03/27/26
|
153
|
-24
|
-10
|
03/28/25
|
|
|
|
International
|
Feb-2026
|
1112
|
33
|
15
|
Feb-2025
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 3/24/2026
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
123,560
|
123,007
|
122,961
|
46
|
|
|
|
PJM West Off Peak
|
118,377
|
117,923
|
117,694
|
229
|
|
|
|
Natural Gas Henry Hub
|
392,374
|
375,494
|
370,938
|
4,556
|
|
|
|
WTI – Light Sweet Crude Futures
|
225,742
|
192,548
|
191,944
|
604
|
|
|
|
Brent Crude Last Day
|
508,945
|
497,793
|
499,975
|
-2,182
|
|
|
|
NYM Ethanol
|
51,497
|
50,847
|
50,792
|
55
|
|
|
|
Mt Belvieu LDH Propane Swap
|
127,134
|
126,117
|
126,188
|
-71
|
|
|
|
RBOB
|
357,477
|
331,289
|
344,913
|
-13,624
|
|
|
|
HSC Basis
|
889,907
|
883,036
|
885,790
|
-2,754
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
3/27/26
|
3/26/26
|
% Change
|
Change
|
2/27/26
|
% Change
|
3/27/25
|
% Change
|
|
|
|
PJM West On Peak
|
Apr-26
|
$63.38
|
$60.50
|
4.76%
|
$2.88
|
$54.99
|
15.26%
|
$52.67
|
20.32%
|
|
|
|
ERCOT North On Peak
|
Apr-26
|
$32.33
|
$30.50
|
6.01%
|
$1.83
|
$30.22
|
6.97%
|
$41.64
|
-22.36%
|
|
|
|
CAISO SP 15 On Peak
|
Apr-26
|
$9.70
|
$9.51
|
1.96%
|
$0.19
|
$8.55
|
13.40%
|
$6.01
|
61.29%
|
|
|
|
MISO Indiana On Peak
|
Apr-26
|
$47.35
|
$45.73
|
3.54%
|
$1.62
|
$42.58
|
11.20%
|
$47.92
|
-1.18%
|
|
|
|
NEISO Mass On Peak
|
Apr-26
|
$47.13
|
$45.56
|
3.44%
|
$1.57
|
$46.43
|
1.51%
|
$51.01
|
-7.60%
|
|
|
|
WECC Mid C On Peak
|
Apr-26
|
$18.25
|
$17.00
|
7.35%
|
$1.25
|
$35.67
|
-48.83%
|
$35.00
|
-47.86%
|
|
|
|
NYISO Zone G On Peak
|
Apr-26
|
$48.68
|
$47.18
|
3.19%
|
$1.50
|
$46.69
|
4.28%
|
$44.64
|
9.06%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/27/26
|
3/26/26
|
% Change
|
Change
|
2/27/26
|
% Change
|
3/27/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
May-26
|
$3.025
|
$2.928
|
3.31%
|
$0.10
|
$2.88
|
5.00%
|
$3.97
|
-23.78%
|
|
|
|
Houston Ship Channel
|
May-26
|
-$0.379
|
-$0.366
|
3.58%
|
-$0.01
|
-$0.38
|
1.07%
|
-$0.43
|
-11.07%
|
|
|
|
Chicago
|
May-26
|
-$0.371
|
-$0.357
|
-3.80%
|
-$0.01
|
-$0.33
|
13.73%
|
-$0.35
|
7.19%
|
|
|
|
Waha
|
May-26
|
-$5.369
|
-$5.179
|
-3.66%
|
-$0.19
|
-$3.78
|
42.09%
|
-$3.92
|
37.02%
|
|
|
|
Algonquin
|
May-26
|
-$0.720
|
-$0.590
|
-22.07%
|
-$0.13
|
-$0.56
|
29.67%
|
-$0.23
|
212.18%
|
|
|
|
Aeco
|
May-26
|
-$1.704
|
-$1.647
|
3.44%
|
-$0.06
|
-$1.81
|
-5.91%
|
-$1.88
|
-9.56%
|
|
|
|
Socal
|
May-26
|
-$1.764
|
-$1.761
|
0.16%
|
$0.00
|
-$1.74
|
1.39%
|
-$0.76
|
133.45%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/27/26
|
3/26/26
|
% Change
|
Change
|
2/27/26
|
% Change
|
3/27/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Apr-26
|
$0.903
|
$0.890
|
1.40%
|
$0.01
|
$0.67
|
35.46%
|
$0.75
|
19.75%
|
|
|
|
Mt. Belvieu Propane non LST
|
Apr-26
|
$0.860
|
$0.848
|
1.47%
|
$0.01
|
$0.65
|
32.82%
|
$0.76
|
13.42%
|
|
|
|
Mt. Belview Ethane
|
Apr-26
|
$0.241
|
$0.239
|
1.05%
|
$0.00
|
$0.22
|
11.56%
|
$0.28
|
-14.92%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Apr-26
|
$2.220
|
$2.160
|
2.78%
|
$0.06
|
$1.36
|
62.94%
|
$1.35
|
64.47%
|
|
|
|
Mt. Belvieu Butane LST
|
Apr-26
|
$1.143
|
$1.147
|
-0.36%
|
$0.00
|
$0.82
|
39.41%
|
$0.85
|
35.02%
|
|
|
|
Far East Propane
|
Apr-26
|
$8.940
|
$8.737
|
2.32%
|
$0.20
|
$5.65
|
58.23%
|
$5.35
|
67.13%
|
|
|
|
Saudi Propane
|
Apr-26
|
$6.400
|
$6.400
|
0.00%
|
$0.00
|
$5.47
|
17.00%
|
$5.22
|
22.52%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/27/26
|
3/26/26
|
% Change
|
Change
|
2/27/26
|
% Change
|
3/27/25
|
% Change
|
|
|
|
WTI
|
May-26
|
$99.64
|
$94.48
|
5.18%
|
$5.16
|
$66.89
|
48.96%
|
$65.53
|
52.05%
|
|
|
|
Brent
|
May-26
|
$112.57
|
$108.01
|
4.05%
|
$4.56
|
$72.87
|
54.48%
|
$69.27
|
62.51%
|
|
|
|
WCS
|
May-26
|
-$12.08
|
-$13.18
|
-9.13%
|
$1.10
|
-$13.42
|
-10.02%
|
-$12.51
|
-3.47%
|
|
|
|
LLS
|
May-26
|
$91.95
|
$93.21
|
-1.36%
|
-$1.25
|
$68.00
|
35.22%
|
$68.41
|
34.41%
|
|
|
|
Mars
|
May-26
|
$94.42
|
$95.57
|
-1.22%
|
-$1.15
|
$66.17
|
42.69%
|
$66.20
|
42.62%
|
|
|
|
Sour
|
May-26
|
$92.80
|
$94.54
|
-1.88%
|
-$1.75
|
$66.54
|
39.47%
|
$65.48
|
41.73%
|
|
|
|
ESPO
|
May-26
|
$110.57
|
$106.01
|
4.12%
|
$4.56
|
$70.87
|
56.02%
|
$67.27
|
64.37%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/27/26
|
3/26/26
|
% Change
|
Change
|
2/27/26
|
% Change
|
3/27/25
|
% Change
|
|
|
|
NY Heating Oil
|
Apr-26
|
$4.49
|
$4.20
|
6.85%
|
$0.29
|
$2.60
|
72.67%
|
$2.19
|
105.07%
|
|
|
|
NY Gasoline
|
Apr-26
|
$3.17
|
$3.13
|
1.54%
|
$0.05
|
$2.29
|
38.77%
|
$2.11
|
50.55%
|
|
|
|
GC Gasoline
|
Apr-26
|
$3.04
|
$2.99
|
1.61%
|
$0.05
|
$2.15
|
41.29%
|
$2.01
|
51.07%
|
|
|
|
GC Jet
|
Apr-26
|
$4.80
|
$4.21
|
14.16%
|
$0.60
|
$2.25
|
113.27%
|
$2.09
|
130.35%
|
|
|
|
Chicago Ethanol
|
Apr-26
|
$2.06
|
$2.03
|
1.73%
|
$0.03
|
$1.81
|
13.81%
|
$1.67
|
23.21%
|
|
|
|
Rotterdam Gasoil
|
Apr-26
|
$985.50
|
$960.26
|
2.63%
|
$25.24
|
$674.00
|
46.22%
|
$649.26
|
51.79%
|
|
|
|
Singapore Jet Kero
|
Apr-26
|
$184.13
|
$153.57
|
19.90%
|
$30.56
|
$91.25
|
101.78%
|
$86.01
|
114.07%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/27/26
|
3/26/26
|
% Change
|
Change
|
2/27/26
|
% Change
|
3/27/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
May-26
|
58.73%
|
60.00%
|
-2.12%
|
-1.27%
|
52.27%
|
12.36%
|
38.56%
|
52.31%
|
|
|
|
Algonquin Straddle
|
May-26
|
158.69%
|
138.73%
|
14.39%
|
19.96%
|
131.40%
|
20.77%
|
40.92%
|
287.81%
|
|
|
|
Waha Straddle
|
May-26
|
181.65%
|
197.95%
|
-8.23%
|
-16.30%
|
1075.62%
|
-83.11%
|
565.48%
|
-67.88%
|
|
|
|
Chicago Straddle
|
May-26
|
63.24%
|
65.08%
|
-2.83%
|
-1.84%
|
56.89%
|
11.16%
|
41.35%
|
52.94%
|
|
|
|
PJM West Straddle
|
May-26
|
49.56%
|
46.97%
|
5.51%
|
2.59%
|
42.20%
|
17.44%
|
54.24%
|
-8.63%
|
|
|
|
SP – 15 Straddle
|
May-26
|
332.45%
|
322.10%
|
3.21%
|
10.35%
|
294.32%
|
12.96%
|
229.56%
|
44.82%
|
|
|
|
Mid. C Straddle
|
May-26
|
116.51%
|
0.00%
|
#DIV/0!
|
116.51%
|
22.32%
|
422.00%
|
44.27%
|
163.18%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/27/26
|
3/26/26
|
% Change
|
Change
|
2/27/26
|
% Change
|
3/27/25
|
% Change
|
|
|
|
Dutch TTF
|
May-26
|
EUR 54.50
|
EUR 55.79
|
-2.31%
|
-EUR 1.29
|
EUR 31.36
|
73.76%
|
EUR 33.56
|
62.40%
|
|
|
|
NBP
|
May-26
|
GBP 136.30
|
GBP 139.49
|
-2.29%
|
-GBP 3.19
|
GBP 77.50
|
75.87%
|
GBP 83.25
|
63.72%
|
|
|
|
German Base
|
May-26
|
EUR 88.89
|
EUR 89.42
|
-0.59%
|
-EUR 0.53
|
EUR 66.49
|
33.69%
|
EUR 68.15
|
30.44%
|
|
|
|
UK Base
|
May-26
|
GBP 100.90
|
GBP 103.96
|
-2.94%
|
-GBP 3.05
|
GBP 69.09
|
46.05%
|
GBP 66.78
|
51.10%
|
|
|
|
French Base
|
May-26
|
EUR 25.29
|
EUR 24.86
|
1.74%
|
EUR 0.43
|
EUR 15.25
|
65.84%
|
EUR 39.42
|
-35.85%
|
|
|
|
Italian Base
|
May-26
|
EUR 131.04
|
EUR 129.11
|
1.49%
|
EUR 1.92
|
EUR 88.11
|
48.72%
|
EUR 91.89
|
42.60%
|
|
|
|
JKM LNG
|
May-26
|
$20.38
|
$21.23
|
-4.03%
|
-$0.86
|
$10.75
|
89.56%
|
$11.31
|
80.11%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
3/27/26
|
3/26/26
|
% Change
|
Change
|
2/27/26
|
% Change
|
3/27/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
May-26
|
$54.50
|
$55.79
|
-2.31%
|
-$1.29
|
$31.36
|
73.76%
|
$33.56
|
62.40%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
May-26
|
$136.30
|
$139.49
|
-2.29%
|
-$3.19
|
$77.50
|
75.87%
|
$83.25
|
63.72%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
May-26
|
$88.89
|
$89.42
|
-0.59%
|
-$0.53
|
$66.49
|
33.69%
|
$68.15
|
30.44%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
May-26
|
$100.90
|
$103.96
|
-2.94%
|
-$3.05
|
$69.09
|
46.05%
|
$66.78
|
51.10%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
May-26
|
$25.29
|
$24.86
|
1.74%
|
$0.43
|
$15.25
|
65.84%
|
$39.42
|
-35.85%
|
|
|
|
Supramax Timecharter (DRY)
|
May-26
|
$131.04
|
$129.11
|
1.49%
|
$1.92
|
$88.11
|
48.72%
|
$91.89
|
42.60%
|
|
|
|
Capesize Timecharter (DRY)
|
May-26
|
$20.38
|
$21.23
|
-4.03%
|
-$0.86
|
$10.75
|
89.56%
|
$11.31
|
80.11%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/28/2026
|
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
|
2
|
1
|
2
|
6
|
3
|
6
|
NA
|
NA
|
|
|
|
South Atlantic
|
17
|
5
|
6
|
107
|
0
|
24
|
0.00%
|
29.00%
|
|
|
|
E S Central
|
9
|
4
|
8
|
34
|
5
|
28
|
NA
|
NA
|
|
|
|
W S Central
|
38
|
25
|
13
|
165
|
91
|
78
|
NA
|
NA
|
|
|
|
Mountain
|
20
|
17
|
11
|
49
|
37
|
38
|
NA
|
NA
|
|
|
|
Pacific
|
4
|
3
|
4
|
27
|
21
|
27
|
NA
|
NA
|
|
|
|
United States
|
10
|
5
|
5
|
48
|
15
|
22
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/28/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
186
|
0
|
4
|
5,702
|
96
|
398
|
2.00%
|
8.00%
|
|
|
|
Middle Atlantic
|
151
|
-15
|
-10
|
5,101
|
8
|
412
|
0.00%
|
9.00%
|
|
|
|
E N Central
|
155
|
-17
|
-13
|
5,395
|
-236
|
244
|
-4.00%
|
5.00%
|
|
|
|
W N Central
|
133
|
-36
|
0
|
5,203
|
-751
|
-209
|
-13.00%
|
-4.00%
|
|
|
|
South Atlantic
|
45
|
-25
|
-18
|
2,499
|
-80
|
85
|
-3.00%
|
4.00%
|
|
|
|
E S Central
|
43
|
-42
|
-23
|
2,928
|
-344
|
-24
|
-11.00%
|
-1.00%
|
|
|
|
W S Central
|
14
|
-33
|
-6
|
1,610
|
-548
|
-238
|
-25.00%
|
-13.00%
|
|
|
|
Mountain
|
54
|
-77
|
-25
|
3,330
|
-1,085
|
-720
|
-25.00%
|
-18.00%
|
|
|
|
Pacific
|
32
|
-56
|
-29
|
1,946
|
-690
|
-585
|
-26.00%
|
-23.00%
|
|
|
|
United States
|
86
|
-31
|
-15
|
3,576
|
-359
|
-46
|
-9.00%
|
-1.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
