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Prices as of 7:24 AM CST
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|
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.176
|
$3.334
|
-4.74%
|
-$0.158
|
25,938
|
|
|
WTI
|
$62.10
|
$62.49
|
-0.62%
|
-$0.39
|
6,073
|
|
|
Brent
|
$64.91
|
$65.41
|
-0.76%
|
-$0.50
|
11,963
|
|
|
ULSD
|
$2.122
|
$2.141
|
-0.87%
|
-$0.019
|
5,448
|
|
|
RBOB
|
$2.114
|
$2.142
|
-1.31%
|
-$0.028
|
2,944
|
|
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Spreads
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Current
|
Previous
|
% Change
|
Change
|
Contract
|
|
|
WTI-Brent
|
$3.39
|
$3.44
|
-1.45%
|
-$0.05
|
Jul-25
|
|
|
3:2:1 Crack
|
$25.84
|
$26.33
|
-1.86%
|
-$0.49
|
Jun-25
|
|
|
PJM West Spark
|
$44.68
|
$44.35
|
0.74%
|
$0.33
|
Jun-25
|
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Baker Hughes Rig Count
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Date
|
Count
|
Change
|
1 Year Chg.
|
1 Year Date
|
|
|
U.S.
|
05/16/25
|
576
|
-2
|
-28
|
05/17/24
|
|
|
Canada
|
05/16/25
|
121
|
7
|
7
|
05/17/24
|
|
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International
|
Apr
|
891
|
-8
|
-87
|
Apr
|
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CFTC Net Positions
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As of 5/13/2025
|
Open Interest
|
Total Net Long
|
Total Net Short
|
Diff
|
|
|
PJM West On Peak
|
95,295
|
94,633
|
94,692
|
-59
|
|
|
PJM West Off Peak
|
84,971
|
84,520
|
84,288
|
232
|
|
|
Natural Gas Henry Hub
|
364,803
|
349,278
|
352,599
|
-3,321
|
|
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WTI – Light Sweet Crude Futures
|
299,575
|
237,275
|
224,685
|
12,590
|
|
|
Brent Crude Last Day
|
209,844
|
201,905
|
201,532
|
373
|
|
|
NYM Ethanol
|
31,165
|
30,509
|
30,656
|
-147
|
|
|
Mt Belvieu LDH Propane Swap
|
151,099
|
150,453
|
150,436
|
17
|
|
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RBOB
|
399,755
|
375,246
|
382,321
|
-7,075
|
|
|
HSC Basis
|
865,872
|
859,403
|
861,188
|
-1,785
|
|
|
|
|
|
|
|
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EIA Short Term Energy Outlook
|
|
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|
|
|
|
|
|
|
|
|
|
|
2023
|
2024
|
2025 Projected
|
2026 Projected
|
|
|
Brent
|
$82.00
|
$81.00
|
$74.00
|
$66.00
|
|
|
Gasoline
|
$3.50
|
$3.30
|
$3.20
|
$3.00
|
|
|
Crude Oil Production
|
$12.90
|
$13.20
|
$13.50
|
$13.60
|
|
|
Natural Gas Spot
|
$2.50
|
$2.20
|
$3.10
|
$4.00
|
|
|
LNG Exports
|
12.00
|
12.00
|
14.00
|
16.00
|
|
|
|
|
|
|
|
|
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|
Electrical Generation %
|
2023
|
2024
|
2025 Projected
|
2026 Projected
|
|
|
Natural gas
|
42.00%
|
43.00%
|
41.00%
|
40.00%
|
|
|
Coal
|
17.00%
|
16.00%
|
15.00%
|
15.00%
|
|
|
Renewables
|
22.00%
|
23.00%
|
25.00%
|
27.00%
|
|
|
Nuclear
|
19.00%
|
19.00%
|
19.00%
|
19.00%
|
|
|
|
|
|
|
|
|
|
|
|
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Short Term Energy Outlook
|

|

|
|

|

|
|

|

|
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|
|
|
|
|
|
|
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|
EIA Lower 48 Natural Gas Storage
|
|
|
|
|
|
|
|
|
|
|
|
05/15/20
|
|
|
|
|
5/9/25
|
5/2/25
|
Net Change
|
% Change
|
5/10/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
396
|
362
|
34
|
9.39%
|
482
|
-17.84%
|
413
|
-4.02%
|
|
|
Midwest
|
480
|
454
|
26
|
5.73%
|
606
|
-20.79%
|
508
|
-5.44%
|
|
|
Mountain
|
185
|
180
|
5
|
2.78%
|
196
|
-5.61%
|
134
|
38.06%
|
|
|
Pacific
|
237
|
232
|
5
|
2.16%
|
252
|
-5.95%
|
213
|
11.16%
|
|
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South
|
957
|
917
|
40
|
4.36%
|
1,097
|
-12.76%
|
974
|
-1.75%
|
|
|
Salt
|
308
|
293
|
15
|
5.12%
|
313
|
-1.60%
|
296
|
4.12%
|
|
|
Non_Salt
|
648
|
624
|
24
|
3.85%
|
784
|
-17.35%
|
679
|
-4.54%
|
|
|
Total
|
2,255
|
2,145
|
110
|
5.13%
|
2,633
|
-14.36%
|
2,242
|
0.60%
|
|
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Power Generation Additions/Retirements
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Front Month Prices
|
|
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Electricity
|
|
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|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/16/25
|
5/15/25
|
% Change
|
Change
|
4/17/25
|
% Change
|
5/16/24
|
% Change
|
|
|
PJM West On Peak
|
Jun-25
|
$51.47
|
$51.48
|
-0.02%
|
-$0.01
|
$54.35
|
-5.30%
|
$53.42
|
-3.66%
|
|
|
ERCOT North On Peak
|
Jun-25
|
$51.85
|
$57.10
|
-9.19%
|
-$5.25
|
$57.91
|
-10.47%
|
$71.88
|
-27.87%
|
|
|
CAISO SP 15 On Peak
|
Jun-25
|
$23.40
|
$24.25
|
-3.51%
|
-$0.85
|
$22.00
|
6.36%
|
$34.57
|
-32.32%
|
|
|
MISO Indiana On Peak
|
Jun-25
|
$50.46
|
$48.18
|
4.74%
|
$2.28
|
$49.81
|
1.31%
|
$53.87
|
-6.32%
|
|
|
NEISO Mass On Peak
|
Jun-25
|
$53.65
|
$52.55
|
2.08%
|
$1.09
|
$56.32
|
-4.74%
|
$50.00
|
7.30%
|
|
|
WECC Mid C On Peak
|
Jun-25
|
$37.65
|
$38.18
|
-1.38%
|
-$0.53
|
$25.87
|
45.52%
|
$42.38
|
-11.17%
|
|
|
NYISO Zone G On Peak
|
Jun-25
|
$50.62
|
$49.24
|
2.80%
|
$1.38
|
$54.57
|
-7.23%
|
$46.76
|
8.26%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/16/25
|
5/15/25
|
% Change
|
Change
|
4/17/25
|
% Change
|
5/16/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Jun-25
|
$3.334
|
$3.362
|
-0.83%
|
-$0.03
|
$3.41
|
-2.23%
|
$3.26
|
2.30%
|
|
|
Houston Ship Channel
|
Jun-25
|
-$0.320
|
-$0.331
|
-3.09%
|
$0.01
|
-$0.37
|
-13.45%
|
-$0.35
|
-7.72%
|
|
|
Chicago
|
Jun-25
|
-$0.410
|
-$0.402
|
-1.90%
|
-$0.01
|
-$0.35
|
17.77%
|
-$0.26
|
55.27%
|
|
|
Waha
|
Jun-25
|
-$1.990
|
-$1.952
|
-1.92%
|
-$0.04
|
-$1.95
|
1.85%
|
-$1.03
|
92.63%
|
|
|
Algonquin
|
Jun-25
|
$0.246
|
$0.244
|
0.74%
|
$0.00
|
$0.32
|
-23.05%
|
-$0.17
|
-240.71%
|
|
|
Aeco
|
Jun-25
|
-$1.941
|
-$2.003
|
-3.11%
|
$0.06
|
-$1.73
|
12.09%
|
-$1.21
|
59.93%
|
|
|
Socal
|
Jun-25
|
-$1.072
|
-$0.989
|
8.36%
|
-$0.08
|
-$1.10
|
-2.55%
|
-$0.12
|
778.05%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/16/25
|
5/15/25
|
% Change
|
Change
|
4/17/25
|
% Change
|
5/16/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Jun-25
|
$0.778
|
$0.785
|
-0.97%
|
-$0.01
|
$0.73
|
7.16%
|
$0.66
|
18.69%
|
|
|
Mt. Belvieu Propane non LST
|
Jun-25
|
$0.773
|
$0.775
|
-0.35%
|
$0.00
|
$0.73
|
6.13%
|
$0.66
|
17.49%
|
|
|
Mt. Belview Ethane
|
Jun-25
|
$0.255
|
$0.254
|
0.48%
|
$0.00
|
$0.23
|
9.67%
|
$0.25
|
2.66%
|
|
|
Mt. Belview Nat. Gasoline
|
Jun-25
|
$1.321
|
$1.310
|
0.83%
|
$0.01
|
$1.33
|
-0.45%
|
$1.47
|
-10.12%
|
|
|
Mt. Belvieu Butane LST
|
Jun-25
|
$0.875
|
$0.873
|
0.25%
|
$0.00
|
$0.85
|
2.34%
|
$0.77
|
13.03%
|
|
|
Far East Propane
|
Jun-25
|
$5.459
|
$5.441
|
0.32%
|
$0.02
|
$5.20
|
4.97%
|
$5.29
|
3.10%
|
|
|
Saudi Propane
|
Jun-25
|
$5.860
|
$5.844
|
0.27%
|
$0.02
|
$5.51
|
6.26%
|
$4.87
|
20.21%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/16/25
|
5/15/25
|
% Change
|
Change
|
4/17/25
|
% Change
|
5/16/24
|
% Change
|
|
|
WTI
|
Jul-25
|
$61.97
|
$61.15
|
1.32%
|
$0.82
|
$63.34
|
-2.16%
|
$73.20
|
-15.34%
|
|
|
Brent
|
Jul-25
|
$65.41
|
$64.53
|
1.35%
|
$0.88
|
$67.00
|
-2.37%
|
$78.05
|
-16.19%
|
|
|
WCS
|
Jul-25
|
-$9.60
|
-$10.76
|
-12.08%
|
$1.16
|
-$10.41
|
-7.75%
|
-$12.80
|
-25.00%
|
|
|
LLS
|
Jul-25
|
$63.53
|
$62.77
|
1.18%
|
$0.75
|
$64.87
|
-2.08%
|
$74.93
|
-15.23%
|
|
|
Mars
|
Jul-25
|
$62.29
|
$61.51
|
1.26%
|
$0.78
|
$63.11
|
-1.30%
|
$72.18
|
-13.71%
|
|
|
Sour
|
Jul-25
|
$61.92
|
$61.33
|
0.95%
|
$0.59
|
$63.15
|
-1.94%
|
$72.75
|
-14.89%
|
|
|
ESPO
|
Jul-25
|
$63.41
|
$62.53
|
1.39%
|
$0.88
|
$65.00
|
-2.45%
|
$76.05
|
-16.62%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/16/25
|
5/15/25
|
% Change
|
Change
|
4/17/25
|
% Change
|
5/16/24
|
% Change
|
|
|
NY Heating Oil
|
Jun-25
|
$2.15
|
$2.17
|
-1.01%
|
-$0.02
|
$2.11
|
1.75%
|
$2.44
|
-11.90%
|
|
|
NY Gasoline
|
Jun-25
|
$2.11
|
$2.09
|
0.67%
|
$0.01
|
$2.08
|
1.15%
|
$2.34
|
-9.85%
|
|
|
GC Gasoline
|
Jun-25
|
$2.01
|
$1.99
|
0.70%
|
$0.01
|
$1.98
|
1.21%
|
$2.23
|
-10.29%
|
|
|
GC Jet
|
Jun-25
|
$1.94
|
$1.99
|
-2.61%
|
-$0.05
|
$2.01
|
-3.77%
|
$2.36
|
-17.71%
|
|
|
Chicago Ethanol
|
Jun-25
|
$1.75
|
$1.73
|
0.98%
|
$0.02
|
$1.79
|
-2.40%
|
$1.74
|
0.29%
|
|
|
Rotterdam Gasoil
|
Jun-25
|
$632.18
|
$619.55
|
2.04%
|
$12.63
|
$611.07
|
3.45%
|
$695.00
|
-9.04%
|
|
|
Singapore Jet Kero
|
Jun-25
|
$78.96
|
$79.69
|
-0.92%
|
-$0.74
|
$79.78
|
-1.04%
|
$94.32
|
-16.29%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/16/25
|
5/15/25
|
% Change
|
Change
|
4/17/25
|
% Change
|
5/16/24
|
% Change
|
|
|
Henry Hub Straddle
|
Jul-25
|
62.34%
|
64.19%
|
-2.88%
|
-1.85%
|
66.25%
|
-5.90%
|
37.69%
|
65.40%
|
|
|
Algonquin Straddle
|
Jul-25
|
59.76%
|
60.67%
|
-1.50%
|
-0.91%
|
63.17%
|
-5.40%
|
38.47%
|
55.34%
|
|
|
Waha Straddle
|
Jul-25
|
110.70%
|
104.80%
|
5.63%
|
5.90%
|
222.03%
|
-50.14%
|
46.01%
|
140.60%
|
|
|
Chicago Straddle
|
Jul-25
|
80.18%
|
67.46%
|
18.86%
|
12.72%
|
73.18%
|
9.57%
|
38.53%
|
108.10%
|
|
|
PJM West Straddle
|
Jul-25
|
74.06%
|
73.22%
|
1.15%
|
0.84%
|
58.94%
|
25.65%
|
48.07%
|
54.07%
|
|
|
SP – 15 Straddle
|
Jul-25
|
240.51%
|
230.92%
|
4.15%
|
9.59%
|
194.82%
|
23.45%
|
48.44%
|
396.51%
|
|
|
Mid. C Straddle
|
Jul-25
|
124.42%
|
124.24%
|
0.14%
|
0.18%
|
91.29%
|
36.29%
|
70.44%
|
76.63%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/16/25
|
5/15/25
|
% Change
|
Change
|
4/17/25
|
% Change
|
5/16/24
|
% Change
|
|
|
Dutch TTF
|
Jul-25
|
EUR 35.20
|
EUR 35.49
|
-0.80%
|
-EUR 0.28
|
EUR 35.65
|
-1.24%
|
EUR 34.81
|
1.13%
|
|
|
NBP
|
Jul-25
|
GBP 82.49
|
GBP 83.39
|
-1.08%
|
-GBP 0.90
|
GBP 86.59
|
-4.74%
|
GBP 85.49
|
-3.51%
|
|
|
German Base
|
Jul-25
|
EUR 80.66
|
EUR 81.21
|
-0.68%
|
-EUR 0.55
|
EUR 75.12
|
7.37%
|
EUR 82.60
|
-2.35%
|
|
|
UK Base
|
Jul-25
|
GBP 75.02
|
GBP 75.62
|
-0.80%
|
-GBP 0.61
|
GBP 74.99
|
0.04%
|
GBP 74.74
|
0.37%
|
|
|
French Base
|
Jul-25
|
EUR 32.35
|
EUR 27.96
|
15.70%
|
EUR 4.39
|
EUR 42.28
|
-23.48%
|
EUR 63.01
|
-48.66%
|
|
|
Italian Base
|
Jul-25
|
EUR 112.18
|
EUR 113.76
|
-1.39%
|
-EUR 1.58
|
EUR 113.33
|
-1.02%
|
EUR 98.10
|
14.35%
|
|
|
JKM LNG
|
Jul-25
|
$11.87
|
$11.52
|
3.02%
|
$0.35
|
$12.15
|
-2.32%
|
$11.83
|
0.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/16/25
|
5/15/25
|
% Change
|
Change
|
4/17/25
|
% Change
|
5/16/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Jul-25
|
$35.20
|
$35.49
|
-0.80%
|
-$0.28
|
$35.65
|
-1.24%
|
$34.81
|
1.13%
|
|
|
USGC-UK Continent Dirty (WET)
|
Jul-25
|
$82.49
|
$83.39
|
-1.08%
|
-$0.90
|
$86.59
|
-4.74%
|
$85.49
|
-3.51%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jul-25
|
$80.66
|
$81.21
|
-0.68%
|
-$0.55
|
$75.12
|
7.37%
|
$82.60
|
-2.35%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jul-25
|
$75.02
|
$75.62
|
-0.80%
|
-$0.61
|
$74.99
|
0.04%
|
$74.74
|
0.37%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jul-25
|
$32.35
|
$27.96
|
15.70%
|
$4.39
|
$42.28
|
-23.48%
|
$63.01
|
-48.66%
|
|
|
Supramax Timecharter (DRY)
|
Jul-25
|
$112.18
|
$113.76
|
-1.39%
|
-$1.58
|
$113.33
|
-1.02%
|
$98.10
|
14.35%
|
|
|
Capesize Timecharter (DRY)
|
Jul-25
|
$11.87
|
$11.52
|
3.02%
|
$0.35
|
$12.15
|
-2.32%
|
$11.83
|
0.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/17/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
4
|
3
|
4
|
4
|
3
|
4
|
NA
|
NA
|
|
|
Middle Atlantic
|
8
|
4
|
8
|
11
|
6
|
0
|
NA
|
NA
|
|
|
E N Central
|
17
|
7
|
16
|
17
|
-1
|
6
|
NA
|
NA
|
|
|
W N Central
|
27
|
15
|
22
|
35
|
5
|
19
|
NA
|
NA
|
|
|
South Atlantic
|
56
|
19
|
12
|
330
|
70
|
35
|
27.00%
|
12.00%
|
|
|
E S Central
|
48
|
20
|
21
|
166
|
56
|
14
|
51.00%
|
9.00%
|
|
|
W S Central
|
76
|
23
|
22
|
401
|
114
|
31
|
40.00%
|
9.00%
|
|
|
Mountain
|
19
|
1
|
3
|
74
|
-14
|
26
|
NA
|
NA
|
|
|
Pacific
|
2
|
-5
|
1
|
12
|
-23
|
10
|
NA
|
NA
|
|
|
United States
|
30
|
11
|
12
|
130
|
26
|
17
|
25.00%
|
15.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/17/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
38
|
-29
|
-31
|
6,006
|
-449
|
374
|
-7.00%
|
7.00%
|
|
|
Middle Atlantic
|
19
|
-33
|
-41
|
5,209
|
-597
|
300
|
-10.00%
|
6.00%
|
|
|
E N Central
|
21
|
-36
|
-20
|
5,780
|
-591
|
521
|
-9.00%
|
10.00%
|
|
|
W N Central
|
21
|
-29
|
-15
|
6,016
|
-619
|
424
|
-9.00%
|
8.00%
|
|
|
South Atlantic
|
4
|
-11
|
-13
|
2,563
|
-266
|
113
|
-9.00%
|
5.00%
|
|
|
E S Central
|
6
|
-12
|
-9
|
3,161
|
-415
|
87
|
-12.00%
|
3.00%
|
|
|
W S Central
|
4
|
0
|
1
|
1,940
|
-343
|
-103
|
-15.00%
|
-5.00%
|
|
|
Mountain
|
45
|
-10
|
-2
|
4,641
|
-405
|
-109
|
-8.00%
|
-2.00%
|
|
|
Pacific
|
52
|
9
|
37
|
3,000
|
-85
|
25
|
-3.00%
|
1.00%
|
|
|
United States
|
22
|
-16
|
-9
|
4,036
|
-398
|
186
|
-9.00%
|
5.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|

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