|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 7:03 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$2.794
|
$2.767
|
0.98%
|
$0.027
|
14,569
|
|
|
|
WTI
|
$104.23
|
$105.07
|
-0.80%
|
-$0.84
|
50,179
|
|
|
|
Brent
|
$111.16
|
$114.01
|
-2.50%
|
-$2.85
|
8,759
|
|
|
|
ULSD
|
$4.084
|
$4.138
|
-1.31%
|
-$0.054
|
3,786
|
|
|
|
RBOB
|
$3.641
|
$3.772
|
-3.46%
|
-$0.131
|
6,433
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$12.03
|
$11.26
|
6.84%
|
$0.77
|
Jul-26
|
|
|
|
3:2:1 Crack
|
$52.76
|
$51.82
|
1.81%
|
$0.94
|
Jun-26
|
|
|
|
PJM West Spark
|
NA
|
NA
|
NA
|
NA
|
May-26
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
04/24/26
|
544
|
1
|
-43
|
04/25/25
|
|
|
|
Canada
|
04/24/26
|
130
|
0
|
2
|
04/25/25
|
|
|
|
International
|
Apr-2026
|
1036
|
-22
|
-51
|
Apr-2025
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 4/21/2026
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
126,418
|
126,063
|
125,837
|
226
|
|
|
|
PJM West Off Peak
|
122,722
|
122,339
|
122,174
|
165
|
|
|
|
Natural Gas Henry Hub
|
394,267
|
377,993
|
374,100
|
3,893
|
|
|
|
WTI – Light Sweet Crude Futures
|
232,833
|
203,464
|
197,140
|
6,324
|
|
|
|
Brent Crude Last Day
|
377,019
|
365,827
|
368,307
|
-2,480
|
|
|
|
NYM Ethanol
|
52,780
|
52,132
|
52,008
|
124
|
|
|
|
Mt Belvieu LDH Propane Swap
|
114,678
|
114,110
|
113,860
|
250
|
|
|
|
RBOB
|
332,531
|
304,539
|
319,066
|
-14,527
|
|
|
|
HSC Basis
|
916,873
|
909,478
|
911,532
|
-2,054
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/30/21
|
|
|
|
|
|
4/24/26
|
4/17/26
|
Net Change
|
% Change
|
4/25/25
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
332
|
309
|
23
|
7.44%
|
331
|
0.30%
|
350
|
-5.20%
|
|
|
|
Midwest
|
429
|
404
|
25
|
6.19%
|
425
|
0.94%
|
447
|
-4.07%
|
|
|
|
Mountain
|
205
|
202
|
3
|
1.49%
|
174
|
17.82%
|
133
|
53.67%
|
|
|
|
Pacific
|
272
|
269
|
3
|
1.12%
|
226
|
20.35%
|
193
|
40.79%
|
|
|
|
South
|
905
|
879
|
26
|
2.96%
|
885
|
2.26%
|
898
|
0.73%
|
|
|
|
Salt
|
272
|
263
|
9
|
3.42%
|
281
|
-3.20%
|
274
|
-0.73%
|
|
|
|
Non_Salt
|
634
|
616
|
18
|
2.92%
|
605
|
4.79%
|
625
|
1.47%
|
|
|
|
Total
|
2,142
|
2,063
|
79
|
3.83%
|
2,041
|
4.95%
|
2,023
|
5.90%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/30/26
|
4/29/26
|
% Change
|
Change
|
4/1/26
|
% Change
|
4/30/25
|
% Change
|
|
|
|
PJM West On Peak
|
May-26
|
$55.86
|
$57.88
|
-3.50%
|
-$2.03
|
$61.35
|
-8.96%
|
$52.32
|
6.75%
|
|
|
|
ERCOT North On Peak
|
May-26
|
$36.46
|
$34.36
|
6.10%
|
$2.10
|
$35.47
|
2.80%
|
$43.98
|
-17.10%
|
|
|
|
CAISO SP 15 On Peak
|
May-26
|
$5.36
|
$4.38
|
22.48%
|
$0.98
|
$8.50
|
-36.94%
|
$10.73
|
-50.05%
|
|
|
|
MISO Indiana On Peak
|
May-26
|
$45.78
|
$45.14
|
1.43%
|
$0.65
|
$49.95
|
-8.35%
|
$50.03
|
-8.48%
|
|
|
|
NEISO Mass On Peak
|
May-26
|
$44.69
|
$47.11
|
-5.13%
|
-$2.42
|
$41.21
|
8.46%
|
$44.03
|
1.52%
|
|
|
|
WECC Mid C On Peak
|
May-26
|
$10.52
|
$10.93
|
-3.75%
|
-$0.41
|
$17.00
|
-38.13%
|
$31.41
|
-66.51%
|
|
|
|
NYISO Zone G On Peak
|
May-26
|
$42.53
|
$44.86
|
-5.19%
|
-$2.33
|
$45.20
|
-5.91%
|
$44.07
|
-3.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/30/26
|
4/29/26
|
% Change
|
Change
|
4/1/26
|
% Change
|
4/30/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Jun-26
|
$2.767
|
$2.647
|
4.53%
|
$0.12
|
$2.94
|
-5.85%
|
$3.95
|
-29.91%
|
|
|
|
Houston Ship Channel
|
Jun-26
|
-$0.377
|
-$0.376
|
0.35%
|
$0.00
|
-$0.39
|
-2.13%
|
-$0.40
|
-6.01%
|
|
|
|
Chicago
|
Jun-26
|
-$0.326
|
-$0.335
|
2.82%
|
$0.01
|
-$0.40
|
-18.96%
|
-$0.42
|
-22.42%
|
|
|
|
Waha
|
Jun-26
|
-$6.108
|
-$5.956
|
-2.55%
|
-$0.15
|
-$5.05
|
21.04%
|
-$2.31
|
164.05%
|
|
|
|
Algonquin
|
Jun-26
|
$0.059
|
$0.049
|
20.82%
|
$0.01
|
$0.24
|
-75.66%
|
-$0.32
|
-118.44%
|
|
|
|
Aeco
|
Jun-26
|
-$1.694
|
-$1.779
|
-4.79%
|
$0.09
|
-$1.84
|
-7.99%
|
-$1.74
|
-2.45%
|
|
|
|
Socal
|
Jun-26
|
-$1.403
|
-$1.521
|
-7.77%
|
$0.12
|
-$1.53
|
-8.31%
|
-$0.34
|
318.66%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/30/26
|
4/29/26
|
% Change
|
Change
|
4/1/26
|
% Change
|
4/30/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
May-26
|
$0.890
|
$0.901
|
-1.25%
|
-$0.01
|
$0.76
|
17.11%
|
$0.68
|
30.74%
|
|
|
|
Mt. Belvieu Propane non LST
|
May-26
|
$0.838
|
$0.839
|
-0.24%
|
$0.00
|
$0.72
|
15.72%
|
$0.68
|
23.65%
|
|
|
|
Mt. Belview Ethane
|
May-26
|
$0.200
|
$0.203
|
-1.23%
|
$0.00
|
$0.23
|
-13.04%
|
$0.26
|
-23.06%
|
|
|
|
Mt. Belview Nat. Gasoline
|
May-26
|
$2.210
|
$2.248
|
-1.67%
|
-$0.04
|
$2.04
|
8.33%
|
$1.17
|
89.09%
|
|
|
|
Mt. Belvieu Butane LST
|
May-26
|
$1.110
|
$1.106
|
0.33%
|
$0.00
|
$1.01
|
9.85%
|
$0.77
|
44.27%
|
|
|
|
Far East Propane
|
May-26
|
$8.257
|
$8.449
|
-2.27%
|
-$0.19
|
$7.47
|
10.53%
|
$4.89
|
68.95%
|
|
|
|
Saudi Propane
|
May-26
|
$7.461
|
$7.600
|
-1.83%
|
-$0.14
|
$6.68
|
11.69%
|
$4.85
|
53.84%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/30/26
|
4/29/26
|
% Change
|
Change
|
4/1/26
|
% Change
|
4/30/25
|
% Change
|
|
|
|
WTI
|
Jun-26
|
$105.07
|
$106.88
|
-1.72%
|
-$1.81
|
$90.88
|
15.61%
|
$57.28
|
83.43%
|
|
|
|
Brent
|
Jun-26
|
$118.03
|
$118.03
|
0.00%
|
$0.00
|
$101.16
|
16.68%
|
$61.04
|
93.37%
|
|
|
|
WCS
|
Jun-26
|
-$14.97
|
-$15.21
|
-1.60%
|
$0.24
|
-$11.10
|
34.83%
|
-$13.25
|
13.00%
|
|
|
|
LLS
|
Jun-26
|
$100.08
|
$106.00
|
-5.92%
|
-$5.92
|
$85.70
|
16.78%
|
$59.81
|
67.34%
|
|
|
|
Mars
|
Jun-26
|
$101.37
|
$107.78
|
-6.33%
|
-$6.42
|
$86.02
|
17.84%
|
$58.12
|
74.42%
|
|
|
|
Sour
|
Jun-26
|
$103.98
|
$100.60
|
3.25%
|
$3.38
|
$90.08
|
15.43%
|
$59.03
|
76.15%
|
|
|
|
ESPO
|
Jun-26
|
$116.03
|
$116.03
|
0.00%
|
$0.00
|
$99.16
|
17.01%
|
$59.04
|
96.53%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/30/26
|
4/29/26
|
% Change
|
Change
|
4/1/26
|
% Change
|
4/30/25
|
% Change
|
|
|
|
NY Heating Oil
|
May-26
|
$4.17
|
$3.98
|
4.65%
|
$0.18
|
$4.39
|
-5.04%
|
$2.02
|
106.80%
|
|
|
|
NY Gasoline
|
May-26
|
$3.77
|
$3.72
|
1.32%
|
$0.05
|
$3.24
|
16.33%
|
$1.96
|
92.64%
|
|
|
|
GC Gasoline
|
May-26
|
$3.63
|
$3.58
|
1.37%
|
$0.05
|
$3.10
|
17.07%
|
$1.86
|
95.47%
|
|
|
|
GC Jet
|
May-26
|
$4.28
|
$4.12
|
3.91%
|
$0.16
|
$4.12
|
3.83%
|
$1.84
|
132.66%
|
|
|
|
Chicago Ethanol
|
May-26
|
$2.01
|
$2.05
|
-1.71%
|
-$0.04
|
$2.01
|
0.15%
|
$1.61
|
24.95%
|
|
|
|
Rotterdam Gasoil
|
May-26
|
$1,105.50
|
$1,103.50
|
0.18%
|
$2.00
|
$970.00
|
13.97%
|
$575.81
|
91.99%
|
|
|
|
Singapore Jet Kero
|
May-26
|
$169.75
|
$168.50
|
0.74%
|
$1.25
|
$160.12
|
6.02%
|
$77.47
|
119.13%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/30/26
|
4/29/26
|
% Change
|
Change
|
4/1/26
|
% Change
|
4/30/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
Jun-26
|
51.11%
|
49.84%
|
2.55%
|
1.27%
|
56.59%
|
-9.68%
|
43.55%
|
17.36%
|
|
|
|
Algonquin Straddle
|
Jun-26
|
64.66%
|
71.52%
|
-9.59%
|
-6.86%
|
85.05%
|
-23.97%
|
45.33%
|
42.64%
|
|
|
|
Waha Straddle
|
Jun-26
|
131.18%
|
156.27%
|
-16.06%
|
-25.09%
|
297.91%
|
-55.97%
|
340.09%
|
-61.43%
|
|
|
|
Chicago Straddle
|
Jun-26
|
54.82%
|
51.24%
|
6.99%
|
3.58%
|
60.76%
|
-9.78%
|
46.53%
|
17.82%
|
|
|
|
PJM West Straddle
|
Jun-26
|
53.67%
|
49.90%
|
7.56%
|
3.77%
|
51.80%
|
3.61%
|
37.45%
|
43.31%
|
|
|
|
SP – 15 Straddle
|
Jun-26
|
120.51%
|
98.44%
|
22.42%
|
22.07%
|
282.51%
|
-57.34%
|
102.19%
|
17.93%
|
|
|
|
Mid. C Straddle
|
Jun-26
|
0.00%
|
35.54%
|
-100.00%
|
-35.54%
|
30.20%
|
-100.00%
|
47.52%
|
-100.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/30/26
|
4/29/26
|
% Change
|
Change
|
4/1/26
|
% Change
|
4/30/25
|
% Change
|
|
|
|
Dutch TTF
|
Jun-26
|
EUR 46.22
|
EUR 47.40
|
-2.49%
|
-EUR 1.18
|
EUR 47.49
|
-2.67%
|
EUR 29.91
|
54.51%
|
|
|
|
NBP
|
Jun-26
|
GBP 113.80
|
GBP 116.53
|
-2.34%
|
-GBP 2.73
|
GBP 118.03
|
-3.58%
|
GBP 73.69
|
54.43%
|
|
|
|
German Base
|
Jun-26
|
EUR 84.19
|
EUR 85.85
|
-1.93%
|
-EUR 1.66
|
EUR 90.04
|
-6.50%
|
EUR 65.44
|
28.66%
|
|
|
|
UK Base
|
Jun-26
|
GBP 93.68
|
GBP 94.41
|
-0.77%
|
-GBP 0.73
|
GBP 92.07
|
1.75%
|
GBP 66.63
|
40.59%
|
|
|
|
French Base
|
Jun-26
|
EUR 23.51
|
EUR 25.22
|
-6.78%
|
-EUR 1.71
|
EUR 24.80
|
-5.20%
|
EUR 35.55
|
-33.86%
|
|
|
|
Italian Base
|
Jun-26
|
EUR 126.18
|
EUR 125.94
|
0.19%
|
EUR 0.24
|
EUR 131.18
|
-3.82%
|
EUR 85.50
|
47.59%
|
|
|
|
JKM LNG
|
Jun-26
|
$16.55
|
$17.29
|
-4.30%
|
-$0.74
|
$20.28
|
-18.39%
|
$10.79
|
53.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
4/30/26
|
4/29/26
|
% Change
|
Change
|
4/1/26
|
% Change
|
4/30/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
Jun-26
|
$46.22
|
$47.40
|
-2.49%
|
-$1.18
|
$47.49
|
-2.67%
|
$29.91
|
54.51%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
Jun-26
|
$113.80
|
$116.53
|
-2.34%
|
-$2.73
|
$118.03
|
-3.58%
|
$73.69
|
54.43%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jun-26
|
$84.19
|
$85.85
|
-1.93%
|
-$1.66
|
$90.04
|
-6.50%
|
$65.44
|
28.66%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jun-26
|
$93.68
|
$94.41
|
-0.77%
|
-$0.73
|
$92.07
|
1.75%
|
$66.63
|
40.59%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jun-26
|
$23.51
|
$25.22
|
-6.78%
|
-$1.71
|
$24.80
|
-5.20%
|
$35.55
|
-33.86%
|
|
|
|
Supramax Timecharter (DRY)
|
Jun-26
|
$126.18
|
$125.94
|
0.19%
|
$0.24
|
$131.18
|
-3.82%
|
$85.50
|
47.59%
|
|
|
|
Capesize Timecharter (DRY)
|
Jun-26
|
$16.55
|
$17.29
|
-4.30%
|
-$0.74
|
$20.28
|
-18.39%
|
$10.79
|
53.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/25/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
0
|
0
|
0
|
1
|
1
|
1
|
NA
|
NA
|
|
|
|
Middle Atlantic
|
0
|
0
|
0
|
18
|
18
|
18
|
NA
|
NA
|
|
|
|
E N Central
|
1
|
1
|
1
|
14
|
13
|
14
|
NA
|
NA
|
|
|
|
W N Central
|
3
|
2
|
2
|
23
|
17
|
22
|
NA
|
NA
|
|
|
|
South Atlantic
|
19
|
0
|
-15
|
208
|
42
|
21
|
25.00%
|
11.00%
|
|
|
|
E S Central
|
5
|
-1
|
-23
|
101
|
52
|
38
|
NA
|
NA
|
|
|
|
W S Central
|
32
|
6
|
-16
|
321
|
170
|
91
|
113.00%
|
39.00%
|
|
|
|
Mountain
|
8
|
-2
|
3
|
81
|
40
|
45
|
NA
|
NA
|
|
|
|
Pacific
|
0
|
-4
|
0
|
29
|
12
|
29
|
NA
|
NA
|
|
|
|
United States
|
8
|
-1
|
-5
|
97
|
40
|
30
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/25/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
152
|
32
|
80
|
6,210
|
21
|
364
|
0.00%
|
6.00%
|
|
|
|
Middle Atlantic
|
117
|
17
|
78
|
5,469
|
-125
|
359
|
-2.00%
|
7.00%
|
|
|
|
E N Central
|
76
|
-27
|
18
|
5,731
|
-414
|
116
|
-7.00%
|
2.00%
|
|
|
|
W N Central
|
71
|
-21
|
-11
|
5,577
|
-860
|
-297
|
-13.00%
|
-5.00%
|
|
|
|
South Atlantic
|
32
|
-1
|
27
|
2,603
|
-163
|
65
|
-6.00%
|
3.00%
|
|
|
|
E S Central
|
34
|
-6
|
27
|
3,033
|
-465
|
-76
|
-13.00%
|
-2.00%
|
|
|
|
W S Central
|
22
|
7
|
18
|
1,667
|
-595
|
-251
|
-26.00%
|
-13.00%
|
|
|
|
Mountain
|
71
|
-18
|
-19
|
3,652
|
-1,185
|
-800
|
-24.00%
|
-18.00%
|
|
|
|
Pacific
|
68
|
5
|
-1
|
2,195
|
-734
|
-633
|
-25.00%
|
-22.00%
|
|
|
|
United States
|
67
|
-2
|
24
|
3,825
|
-459
|
-103
|
-11.00%
|
-3.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
