|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prices as of 8:11 AM CST
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
|
Natural Gas
|
$2.858
|
$2.843
|
0.53%
|
$0.015
|
24,877
|
|
|
|
WTI
|
$102.29
|
$102.18
|
0.11%
|
$0.11
|
41,218
|
|
|
|
Brent
|
$107.70
|
$107.77
|
-0.06%
|
-$0.07
|
8,018
|
|
|
|
ULSD
|
$4.145
|
$4.159
|
-0.33%
|
-$0.014
|
4,385
|
|
|
|
RBOB
|
$3.680
|
$3.698
|
-0.48%
|
-$0.018
|
4,507
|
|
|
|
|
|
|
|
|
|
|
|
|
Spreads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
|
WTI-Brent
|
$9.31
|
$9.26
|
0.54%
|
$0.05
|
Jul-26
|
|
|
|
3:2:1 Crack
|
$55.60
|
$56.04
|
-0.79%
|
-$0.44
|
Jun-26
|
|
|
|
PJM West Spark
|
$63.01
|
$68.74
|
-8.34%
|
-$5.74
|
Jun-26
|
|
|
|
|
|
|
|
|
|
|
|
|
Baker Hughes Rig Count
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
|
U.S.
|
05/08/26
|
548
|
1
|
-30
|
05/09/25
|
|
|
|
Canada
|
05/08/26
|
124
|
1
|
10
|
05/09/25
|
|
|
|
International
|
Apr-2026
|
1036
|
-22
|
-51
|
Apr-2025
|
|
|
|
|
|
|
|
|
|
|
|
|
CFTC Net Positions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of 5/5/2026
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
|
PJM West On Peak
|
123,703
|
123,261
|
123,206
|
55
|
|
|
|
PJM West Off Peak
|
119,408
|
119,033
|
119,119
|
-86
|
|
|
|
Natural Gas Henry Hub
|
384,686
|
368,318
|
366,401
|
1,917
|
|
|
|
WTI – Light Sweet Crude Futures
|
217,942
|
186,023
|
176,005
|
10,018
|
|
|
|
Brent Crude Last Day
|
337,974
|
328,166
|
331,157
|
-2,991
|
|
|
|
NYM Ethanol
|
49,602
|
49,033
|
49,005
|
28
|
|
|
|
Mt Belvieu LDH Propane Swap
|
106,323
|
105,725
|
105,502
|
223
|
|
|
|
RBOB
|
314,222
|
287,708
|
302,284
|
-14,576
|
|
|
|
HSC Basis
|
881,393
|
873,995
|
874,564
|
-569
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/07/21
|
|
|
|
|
|
5/1/26
|
4/24/26
|
Net Change
|
% Change
|
5/2/25
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
|
East
|
361
|
332
|
29
|
8.73%
|
362
|
-0.28%
|
372
|
-2.90%
|
|
|
|
Midwest
|
452
|
429
|
23
|
5.36%
|
454
|
-0.44%
|
467
|
-3.21%
|
|
|
|
Mountain
|
203
|
205
|
-2
|
-0.98%
|
180
|
12.78%
|
140
|
44.59%
|
|
|
|
Pacific
|
275
|
272
|
3
|
1.10%
|
232
|
18.53%
|
202
|
36.14%
|
|
|
|
South
|
914
|
905
|
9
|
0.99%
|
917
|
-0.33%
|
922
|
-0.91%
|
|
|
|
Salt
|
273
|
272
|
1
|
0.37%
|
293
|
-6.83%
|
281
|
-2.78%
|
|
|
|
Non_Salt
|
641
|
634
|
7
|
1.10%
|
624
|
2.72%
|
641
|
-0.06%
|
|
|
|
Total
|
2,205
|
2,142
|
63
|
2.94%
|
2,145
|
2.80%
|
2,104
|
4.79%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Power Generation Additions/Retirements
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Front Month Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electricity
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
5/12/26
|
5/11/26
|
% Change
|
Change
|
4/14/26
|
% Change
|
5/12/25
|
% Change
|
|
|
|
PJM West On Peak
|
Jun-26
|
$69.24
|
$74.82
|
-7.46%
|
-$5.58
|
$66.43
|
4.23%
|
$58.28
|
18.81%
|
|
|
|
ERCOT North On Peak
|
Jun-26
|
$40.49
|
$41.12
|
-1.55%
|
-$0.64
|
$39.35
|
2.88%
|
$59.54
|
-32.00%
|
|
|
|
CAISO SP 15 On Peak
|
Jun-26
|
$13.80
|
$14.70
|
-6.12%
|
-$0.90
|
$12.04
|
14.57%
|
$31.30
|
-55.92%
|
|
|
|
MISO Indiana On Peak
|
Jun-26
|
$53.80
|
$61.12
|
-11.98%
|
-$7.32
|
$56.51
|
-4.80%
|
$51.74
|
3.97%
|
|
|
|
NEISO Mass On Peak
|
Jun-26
|
$59.95
|
$58.71
|
2.12%
|
$1.24
|
$52.68
|
13.81%
|
$53.24
|
12.61%
|
|
|
|
WECC Mid C On Peak
|
Jun-26
|
$26.91
|
$27.20
|
-1.05%
|
-$0.28
|
$17.25
|
56.01%
|
$46.41
|
-42.01%
|
|
|
|
NYISO Zone G On Peak
|
Jun-26
|
$59.41
|
$58.55
|
1.47%
|
$0.86
|
$53.41
|
11.23%
|
$50.25
|
18.24%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
5/12/26
|
5/11/26
|
% Change
|
Change
|
4/14/26
|
% Change
|
5/12/25
|
% Change
|
|
|
|
NYMEX Henry Hub
|
Jun-26
|
$2.843
|
$2.910
|
-2.30%
|
-$0.07
|
$2.76
|
3.01%
|
$4.07
|
-30.08%
|
|
|
|
Houston Ship Channel
|
Jun-26
|
-$0.435
|
-$0.433
|
0.58%
|
$0.00
|
-$0.40
|
9.71%
|
-$0.38
|
15.17%
|
|
|
|
Chicago
|
Jun-26
|
-$0.387
|
-$0.387
|
0.00%
|
$0.00
|
-$0.39
|
-0.33%
|
-$0.42
|
-8.76%
|
|
|
|
Waha
|
Jun-26
|
-$6.190
|
-$6.205
|
-0.24%
|
$0.01
|
-$5.46
|
13.44%
|
-$2.05
|
201.50%
|
|
|
|
Algonquin
|
Jun-26
|
-$0.380
|
-$0.300
|
-26.67%
|
-$0.08
|
$0.24
|
-259.20%
|
-$0.34
|
12.39%
|
|
|
|
Aeco
|
Jun-26
|
-$1.675
|
-$1.700
|
-1.47%
|
$0.03
|
-$1.95
|
-13.92%
|
-$1.76
|
-5.01%
|
|
|
|
Socal
|
Jun-26
|
-$1.300
|
-$1.290
|
0.78%
|
-$0.01
|
-$1.65
|
-21.44%
|
-$0.40
|
224.68%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
5/12/26
|
5/11/26
|
% Change
|
Change
|
4/14/26
|
% Change
|
5/12/25
|
% Change
|
|
|
|
Mt. Belvieu Propane LST
|
Jun-26
|
$0.898
|
$0.873
|
2.87%
|
$0.02
|
$0.77
|
16.56%
|
$0.71
|
27.23%
|
|
|
|
Mt. Belvieu Propane non LST
|
Jun-26
|
$0.871
|
$0.849
|
2.65%
|
$0.02
|
$0.76
|
14.83%
|
$0.71
|
21.90%
|
|
|
|
Mt. Belview Ethane
|
Jun-26
|
$0.205
|
$0.208
|
-1.20%
|
$0.00
|
$0.21
|
-1.20%
|
$0.28
|
-27.78%
|
|
|
|
Mt. Belview Nat. Gasoline
|
Jun-26
|
$2.203
|
$2.118
|
4.01%
|
$0.09
|
$1.88
|
17.15%
|
$1.24
|
77.31%
|
|
|
|
Mt. Belvieu Butane LST
|
Jun-26
|
$1.331
|
$1.292
|
3.03%
|
$0.04
|
$1.00
|
32.92%
|
$0.80
|
65.98%
|
|
|
|
Far East Propane
|
Jun-26
|
$8.290
|
$7.905
|
4.87%
|
$0.39
|
$6.80
|
21.91%
|
$5.02
|
65.04%
|
|
|
|
Saudi Propane
|
Jun-26
|
$7.280
|
$7.030
|
3.56%
|
$0.25
|
$6.22
|
17.04%
|
$4.85
|
50.16%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
5/12/26
|
5/11/26
|
% Change
|
Change
|
4/14/26
|
% Change
|
5/12/25
|
% Change
|
|
|
|
WTI
|
Jul-26
|
$98.51
|
$94.74
|
3.83%
|
$3.77
|
$84.91
|
16.02%
|
$60.79
|
62.05%
|
|
|
|
Brent
|
Jul-26
|
$107.77
|
$104.21
|
3.30%
|
$3.56
|
$90.42
|
19.19%
|
$64.39
|
67.37%
|
|
|
|
WCS
|
Jul-26
|
-$14.15
|
-$14.05
|
0.71%
|
-$0.10
|
-$13.90
|
1.84%
|
-$13.16
|
7.48%
|
|
|
|
LLS
|
Jul-26
|
$89.98
|
$92.00
|
-2.24%
|
-$2.01
|
$82.39
|
9.21%
|
$63.25
|
42.27%
|
|
|
|
Mars
|
Jul-26
|
$91.11
|
$92.51
|
-1.53%
|
-$1.40
|
$84.08
|
8.37%
|
$61.04
|
49.27%
|
|
|
|
Sour
|
Jul-26
|
$92.81
|
$94.31
|
-1.62%
|
-$1.50
|
$84.64
|
9.64%
|
$61.05
|
52.01%
|
|
|
|
ESPO
|
Jul-26
|
$105.77
|
$102.21
|
3.37%
|
$3.56
|
$88.42
|
19.62%
|
$62.39
|
69.53%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
5/12/26
|
5/11/26
|
% Change
|
Change
|
4/14/26
|
% Change
|
5/12/25
|
% Change
|
|
|
|
NY Heating Oil
|
Jun-26
|
$4.06
|
$3.98
|
1.98%
|
$0.08
|
$3.48
|
16.70%
|
$2.06
|
96.90%
|
|
|
|
NY Gasoline
|
Jun-26
|
$3.69
|
$3.60
|
2.39%
|
$0.09
|
$2.97
|
23.98%
|
$1.95
|
89.22%
|
|
|
|
GC Gasoline
|
Jun-26
|
$3.55
|
$3.46
|
2.49%
|
$0.09
|
$2.83
|
25.17%
|
$1.85
|
91.88%
|
|
|
|
GC Jet
|
Jun-26
|
$3.85
|
$3.58
|
7.64%
|
$0.27
|
$3.65
|
5.51%
|
$1.89
|
103.06%
|
|
|
|
Chicago Ethanol
|
Jun-26
|
$1.97
|
$1.93
|
2.07%
|
$0.04
|
$1.94
|
1.65%
|
$1.61
|
22.28%
|
|
|
|
Rotterdam Gasoil
|
Jun-26
|
$1,095.00
|
$1,061.50
|
3.16%
|
$33.50
|
$885.00
|
23.73%
|
$599.27
|
82.72%
|
|
|
|
Singapore Jet Kero
|
Jun-26
|
$153.01
|
$147.24
|
3.92%
|
$5.77
|
$136.80
|
11.85%
|
$79.93
|
91.43%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
5/12/26
|
5/11/26
|
% Change
|
Change
|
4/14/26
|
% Change
|
5/12/25
|
% Change
|
|
|
|
Henry Hub Straddle
|
Jun-26
|
52.51%
|
48.46%
|
8.36%
|
4.05%
|
51.92%
|
1.14%
|
45.62%
|
15.10%
|
|
|
|
Algonquin Straddle
|
Jun-26
|
69.83%
|
60.59%
|
15.25%
|
9.24%
|
66.74%
|
4.63%
|
47.49%
|
47.04%
|
|
|
|
Waha Straddle
|
Jun-26
|
113.94%
|
105.45%
|
8.05%
|
8.49%
|
276.51%
|
-58.79%
|
289.00%
|
-60.57%
|
|
|
|
Chicago Straddle
|
Jun-26
|
55.84%
|
45.04%
|
23.98%
|
10.80%
|
57.25%
|
-2.46%
|
47.10%
|
18.56%
|
|
|
|
PJM West Straddle
|
Jun-26
|
67.20%
|
72.45%
|
-7.25%
|
-5.25%
|
47.95%
|
40.15%
|
40.08%
|
67.66%
|
|
|
|
SP – 15 Straddle
|
Jun-26
|
277.68%
|
263.18%
|
5.51%
|
14.50%
|
416.58%
|
-33.34%
|
100.21%
|
177.10%
|
|
|
|
Mid. C Straddle
|
Jun-26
|
30.29%
|
31.86%
|
-4.93%
|
-1.57%
|
0.00%
|
#DIV/0!
|
53.89%
|
-43.79%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
5/12/26
|
5/11/26
|
% Change
|
Change
|
4/14/26
|
% Change
|
5/12/25
|
% Change
|
|
|
|
Dutch TTF
|
Jun-26
|
EUR 46.62
|
EUR 46.46
|
0.34%
|
EUR 0.16
|
EUR 42.54
|
9.58%
|
EUR 32.53
|
43.31%
|
|
|
|
NBP
|
Jun-26
|
GBP 114.40
|
GBP 114.44
|
-0.03%
|
-GBP 0.04
|
GBP 104.25
|
9.74%
|
GBP 78.95
|
44.91%
|
|
|
|
German Base
|
Jun-26
|
EUR 89.06
|
EUR 89.79
|
-0.81%
|
-EUR 0.73
|
EUR 84.73
|
5.11%
|
EUR 73.79
|
20.70%
|
|
|
|
UK Base
|
Jun-26
|
GBP 98.10
|
GBP 96.66
|
1.49%
|
GBP 1.44
|
GBP 92.05
|
6.57%
|
GBP 70.67
|
38.80%
|
|
|
|
French Base
|
Jun-26
|
EUR 24.04
|
EUR 24.41
|
-1.52%
|
-EUR 0.37
|
EUR 28.24
|
-14.86%
|
EUR 33.02
|
-27.19%
|
|
|
|
Italian Base
|
Jun-26
|
EUR 127.23
|
EUR 123.29
|
3.19%
|
EUR 3.94
|
EUR 127.04
|
0.15%
|
EUR 94.01
|
35.34%
|
|
|
|
JKM LNG
|
Jun-26
|
$17.17
|
$17.08
|
0.48%
|
$0.08
|
$16.48
|
4.19%
|
$10.85
|
58.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
|
Contract
|
5/12/26
|
5/11/26
|
% Change
|
Change
|
4/14/26
|
% Change
|
5/12/25
|
% Change
|
|
|
|
TD3C FFA Middle East to China (WET)
|
Jun-26
|
$46.62
|
$46.46
|
0.34%
|
$0.16
|
$42.54
|
9.58%
|
$32.53
|
43.31%
|
|
|
|
USGC-UK Continent Dirty (WET)
|
Jun-26
|
$114.40
|
$114.44
|
-0.03%
|
-$0.04
|
$104.25
|
9.74%
|
$78.95
|
44.91%
|
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jun-26
|
$89.06
|
$89.79
|
-0.81%
|
-$0.73
|
$84.73
|
5.11%
|
$73.79
|
20.70%
|
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jun-26
|
$98.10
|
$96.66
|
1.49%
|
$1.44
|
$92.05
|
6.57%
|
$70.67
|
38.80%
|
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jun-26
|
$24.04
|
$24.41
|
-1.52%
|
-$0.37
|
$28.24
|
-14.86%
|
$33.02
|
-27.19%
|
|
|
|
Supramax Timecharter (DRY)
|
Jun-26
|
$127.23
|
$123.29
|
3.19%
|
$3.94
|
$127.04
|
0.15%
|
$94.01
|
35.34%
|
|
|
|
Capesize Timecharter (DRY)
|
Jun-26
|
$17.17
|
$17.08
|
0.48%
|
$0.08
|
$16.48
|
4.19%
|
$10.85
|
58.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/09/2026
|
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
|
-1
|
-1
|
18
|
17
|
16
|
NA
|
NA
|
|
|
|
E N Central
|
0
|
-5
|
0
|
14
|
7
|
13
|
NA
|
NA
|
|
|
|
W N Central
|
1
|
-6
|
-2
|
25
|
8
|
19
|
NA
|
NA
|
|
|
|
South Atlantic
|
30
|
2
|
-12
|
265
|
47
|
-5
|
22.00%
|
-1.00%
|
|
|
|
E S Central
|
11
|
-8
|
-4
|
128
|
48
|
12
|
NA
|
NA
|
|
|
|
W S Central
|
33
|
-9
|
3
|
404
|
177
|
84
|
78.00%
|
26.00%
|
|
|
|
Mountain
|
15
|
1
|
6
|
102
|
35
|
52
|
NA
|
NA
|
|
|
|
Pacific
|
2
|
-4
|
-1
|
32
|
4
|
28
|
NA
|
NA
|
|
|
|
United States
|
11
|
-3
|
-2
|
120
|
37
|
23
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/09/2026
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
|
New England
|
86
|
0
|
38
|
6,401
|
24
|
443
|
0.00%
|
7.00%
|
|
|
|
Middle Atlantic
|
69
|
0
|
35
|
5,632
|
-114
|
448
|
-2.00%
|
9.00%
|
|
|
|
E N Central
|
86
|
13
|
13
|
5,915
|
-390
|
164
|
-6.00%
|
3.00%
|
|
|
|
W N Central
|
83
|
19
|
34
|
5,761
|
-816
|
-230
|
-12.00%
|
-4.00%
|
|
|
|
South Atlantic
|
26
|
6
|
16
|
2,664
|
-148
|
109
|
-5.00%
|
4.00%
|
|
|
|
E S Central
|
41
|
16
|
7
|
3,103
|
-452
|
-47
|
-13.00%
|
-1.00%
|
|
|
|
W S Central
|
14
|
7
|
1
|
1,696
|
-582
|
-239
|
-26.00%
|
-12.00%
|
|
|
|
Mountain
|
60
|
-7
|
-6
|
3,803
|
-1,180
|
-790
|
-24.00%
|
-17.00%
|
|
|
|
Pacific
|
35
|
-15
|
-14
|
2,286
|
-750
|
-659
|
-25.00%
|
-22.00%
|
|
|
|
United States
|
52
|
4
|
12
|
3,943
|
-447
|
-66
|
-10.00%
|
-2.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
|
Weather Forecast & Seasonal Outlook
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
