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Prices as of 8:08 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.212
|
$3.113
|
3.18%
|
$0.099
|
34,643
|
|
|
WTI
|
$62.52
|
$62.69
|
-0.27%
|
-$0.17
|
925
|
|
|
Brent
|
$65.26
|
$65.54
|
-0.43%
|
-$0.28
|
14,572
|
|
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ULSD
|
$2.126
|
$2.128
|
-0.09%
|
-$0.002
|
2,858
|
|
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RBOB
|
$2.137
|
$2.139
|
-0.10%
|
-$0.002
|
1,863
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Spreads
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Current
|
Previous
|
% Change
|
Change
|
Contract
|
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|
WTI-Brent
|
$3.34
|
$3.40
|
-1.76%
|
-$0.06
|
Jul-25
|
|
|
3:2:1 Crack
|
$25.92
|
$25.77
|
0.58%
|
$0.15
|
Jun-25
|
|
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PJM West Spark
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$41.72
|
$44.81
|
-6.89%
|
-$3.09
|
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
|
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Canada
|
05/16/25
|
121
|
7
|
7
|
05/17/24
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International
|
Apr
|
891
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-8
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-87
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Apr
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CFTC Net Positions
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As of 5/13/2025
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Open Interest
|
Total Net Long
|
Total Net Short
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Diff
|
|
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PJM West On Peak
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95,295
|
94,633
|
94,692
|
-59
|
|
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PJM West Off Peak
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84,971
|
84,520
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84,288
|
232
|
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Natural Gas Henry Hub
|
364,803
|
349,278
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352,599
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-3,321
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WTI – Light Sweet Crude Futures
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299,575
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237,275
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224,685
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12,590
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Brent Crude Last Day
|
209,844
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201,905
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201,532
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373
|
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NYM Ethanol
|
31,165
|
30,509
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30,656
|
-147
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Mt Belvieu LDH Propane Swap
|
151,099
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150,453
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150,436
|
17
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RBOB
|
399,755
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375,246
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382,321
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-7,075
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HSC Basis
|
865,872
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859,403
|
861,188
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-1,785
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EIA Short Term Energy Outlook
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|
2023
|
2024
|
2025 Projected
|
2026 Projected
|
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|
Brent
|
$82.00
|
$81.00
|
$74.00
|
$66.00
|
|
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Gasoline
|
$3.50
|
$3.30
|
$3.20
|
$3.00
|
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Crude Oil Production
|
$12.90
|
$13.20
|
$13.50
|
$13.60
|
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Natural Gas Spot
|
$2.50
|
$2.20
|
$3.10
|
$4.00
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LNG Exports
|
12.00
|
12.00
|
14.00
|
16.00
|
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Electrical Generation %
|
2023
|
2024
|
2025 Projected
|
2026 Projected
|
|
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Natural gas
|
42.00%
|
43.00%
|
41.00%
|
40.00%
|
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Coal
|
17.00%
|
16.00%
|
15.00%
|
15.00%
|
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Renewables
|
22.00%
|
23.00%
|
25.00%
|
27.00%
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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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|

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EIA Lower 48 Natural Gas Storage
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|
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|
05/15/20
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|
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|
5/9/25
|
5/2/25
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Net Change
|
% Change
|
5/10/24
|
% Change
|
5 Year Avg.
|
% Change
|
|
|
East
|
396
|
362
|
34
|
9.39%
|
482
|
-17.84%
|
413
|
-4.02%
|
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Midwest
|
480
|
454
|
26
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5.73%
|
606
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-20.79%
|
508
|
-5.44%
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Mountain
|
185
|
180
|
5
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2.78%
|
196
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-5.61%
|
134
|
38.06%
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Pacific
|
237
|
232
|
5
|
2.16%
|
252
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-5.95%
|
213
|
11.16%
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South
|
957
|
917
|
40
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4.36%
|
1,097
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-12.76%
|
974
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-1.75%
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Salt
|
308
|
293
|
15
|
5.12%
|
313
|
-1.60%
|
296
|
4.12%
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Non_Salt
|
648
|
624
|
24
|
3.85%
|
784
|
-17.35%
|
679
|
-4.54%
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Total
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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
|
|
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|
Contract
|
5/19/25
|
5/16/25
|
% Change
|
Change
|
4/21/25
|
% Change
|
5/17/24
|
% Change
|
|
|
PJM West On Peak
|
Jun-25
|
$48.64
|
$51.47
|
-5.49%
|
-$2.82
|
$53.11
|
-8.41%
|
$51.98
|
-6.42%
|
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ERCOT North On Peak
|
Jun-25
|
$55.51
|
$51.85
|
7.06%
|
$3.66
|
$53.79
|
3.19%
|
$68.29
|
-18.72%
|
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CAISO SP 15 On Peak
|
Jun-25
|
$22.00
|
$23.40
|
-5.98%
|
-$1.40
|
$21.07
|
4.44%
|
$32.84
|
-33.02%
|
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MISO Indiana On Peak
|
Jun-25
|
$44.93
|
$50.46
|
-10.95%
|
-$5.53
|
$44.77
|
0.37%
|
$52.28
|
-14.05%
|
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NEISO Mass On Peak
|
Jun-25
|
$50.37
|
$53.65
|
-6.11%
|
-$3.28
|
$60.01
|
-16.07%
|
$48.71
|
3.41%
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WECC Mid C On Peak
|
Jun-25
|
$37.00
|
$37.65
|
-1.73%
|
-$0.65
|
$23.22
|
59.34%
|
$40.68
|
-9.05%
|
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NYISO Zone G On Peak
|
Jun-25
|
$47.57
|
$50.62
|
-6.02%
|
-$3.05
|
$49.02
|
-2.96%
|
$45.64
|
4.22%
|
|
|
|
|
|
|
|
|
|
|
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Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/19/25
|
5/16/25
|
% Change
|
Change
|
4/21/25
|
% Change
|
5/17/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Jun-25
|
$3.113
|
$3.334
|
-6.63%
|
-$0.22
|
$3.18
|
-2.01%
|
$3.27
|
-4.71%
|
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Houston Ship Channel
|
Jun-25
|
-$0.329
|
-$0.320
|
2.72%
|
-$0.01
|
-$0.39
|
-14.70%
|
-$0.34
|
-4.25%
|
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Chicago
|
Jun-25
|
-$0.405
|
-$0.410
|
1.24%
|
$0.00
|
-$0.36
|
12.02%
|
-$0.27
|
49.24%
|
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Waha
|
Jun-25
|
-$2.022
|
-$1.990
|
-1.59%
|
-$0.03
|
-$1.72
|
17.20%
|
-$1.03
|
96.63%
|
|
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Algonquin
|
Jun-25
|
$0.262
|
$0.246
|
6.46%
|
$0.02
|
$0.27
|
-4.66%
|
-$0.17
|
-251.27%
|
|
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Aeco
|
Jun-25
|
-$1.819
|
-$1.941
|
-6.27%
|
$0.12
|
-$1.65
|
10.15%
|
-$1.22
|
49.64%
|
|
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Socal
|
Jun-25
|
-$1.099
|
-$1.072
|
2.49%
|
-$0.03
|
-$1.15
|
-4.23%
|
-$0.13
|
769.99%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/19/25
|
5/16/25
|
% Change
|
Change
|
4/21/25
|
% Change
|
5/17/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Jun-25
|
$0.774
|
$0.778
|
-0.48%
|
$0.00
|
$0.72
|
8.07%
|
$0.67
|
15.59%
|
|
|
Mt. Belvieu Propane non LST
|
Jun-25
|
$0.765
|
$0.773
|
-0.93%
|
-$0.01
|
$0.72
|
6.62%
|
$0.67
|
13.84%
|
|
|
Mt. Belview Ethane
|
Jun-25
|
$0.241
|
$0.255
|
-5.36%
|
-$0.01
|
$0.23
|
5.99%
|
$0.25
|
-3.98%
|
|
|
Mt. Belview Nat. Gasoline
|
Jun-25
|
$1.308
|
$1.321
|
-1.02%
|
-$0.01
|
$1.29
|
1.03%
|
$1.46
|
-10.73%
|
|
|
Mt. Belvieu Butane LST
|
Jun-25
|
$0.858
|
$0.875
|
-1.93%
|
-$0.02
|
$0.83
|
3.06%
|
$0.78
|
10.18%
|
|
|
Far East Propane
|
Jun-25
|
$5.383
|
$5.459
|
-1.40%
|
-$0.08
|
$5.20
|
3.48%
|
$5.38
|
0.00%
|
|
|
Saudi Propane
|
Jun-25
|
$5.850
|
$5.860
|
-0.17%
|
-$0.01
|
$5.59
|
4.58%
|
$4.93
|
18.71%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/19/25
|
5/16/25
|
% Change
|
Change
|
4/21/25
|
% Change
|
5/17/24
|
% Change
|
|
|
WTI
|
Jul-25
|
$62.14
|
$61.97
|
0.27%
|
$0.17
|
$61.68
|
0.75%
|
$73.86
|
-15.87%
|
|
|
Brent
|
Jul-25
|
$65.54
|
$65.41
|
0.20%
|
$0.13
|
$65.30
|
0.37%
|
$78.68
|
-16.70%
|
|
|
WCS
|
Jul-25
|
-$10.06
|
-$9.60
|
4.53%
|
-$0.45
|
-$10.20
|
-1.42%
|
-$12.95
|
-22.36%
|
|
|
LLS
|
Jul-25
|
$63.42
|
$63.53
|
-0.17%
|
-$0.11
|
$63.55
|
-0.20%
|
$75.48
|
-15.98%
|
|
|
Mars
|
Jul-25
|
$62.23
|
$62.29
|
-0.09%
|
-$0.06
|
$62.07
|
0.27%
|
$72.68
|
-14.38%
|
|
|
Sour
|
Jul-25
|
$61.88
|
$61.92
|
-0.06%
|
-$0.04
|
$62.03
|
-0.24%
|
$73.25
|
-15.52%
|
|
|
ESPO
|
Jul-25
|
$63.54
|
$63.41
|
0.20%
|
$0.13
|
$63.30
|
0.38%
|
$76.68
|
-17.14%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/19/25
|
5/16/25
|
% Change
|
Change
|
4/21/25
|
% Change
|
5/17/24
|
% Change
|
|
|
NY Heating Oil
|
Jun-25
|
$2.13
|
$2.15
|
-0.98%
|
-$0.02
|
$2.08
|
2.31%
|
$2.46
|
-13.69%
|
|
|
NY Gasoline
|
Jun-25
|
$2.09
|
$2.11
|
-0.90%
|
-$0.02
|
$2.06
|
1.26%
|
$2.34
|
-10.85%
|
|
|
GC Gasoline
|
Jun-25
|
$1.99
|
$2.01
|
-0.95%
|
-$0.02
|
$1.96
|
1.33%
|
$2.24
|
-11.34%
|
|
|
GC Jet
|
Jun-25
|
$1.96
|
$1.94
|
1.24%
|
$0.02
|
$1.92
|
2.24%
|
$2.39
|
-17.84%
|
|
|
Chicago Ethanol
|
Jun-25
|
$1.74
|
$1.75
|
-0.23%
|
$0.00
|
$1.80
|
-3.17%
|
$1.69
|
3.26%
|
|
|
Rotterdam Gasoil
|
Jun-25
|
$624.75
|
$632.18
|
-1.18%
|
-$7.43
|
$608.12
|
2.74%
|
$703.65
|
-11.21%
|
|
|
Singapore Jet Kero
|
Jun-25
|
$78.46
|
$78.96
|
-0.63%
|
-$0.50
|
$79.67
|
-1.53%
|
$95.56
|
-17.90%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/19/25
|
5/16/25
|
% Change
|
Change
|
4/21/25
|
% Change
|
5/17/24
|
% Change
|
|
|
Henry Hub Straddle
|
Jul-25
|
69.01%
|
62.34%
|
10.70%
|
6.67%
|
69.77%
|
-1.09%
|
34.33%
|
101.02%
|
|
|
Algonquin Straddle
|
Jul-25
|
71.63%
|
59.76%
|
19.86%
|
11.87%
|
65.74%
|
8.96%
|
34.71%
|
106.37%
|
|
|
Waha Straddle
|
Jul-25
|
99.65%
|
110.70%
|
-9.98%
|
-11.05%
|
228.52%
|
-56.39%
|
41.19%
|
141.93%
|
|
|
Chicago Straddle
|
Jul-25
|
78.49%
|
80.18%
|
-2.11%
|
-1.69%
|
76.63%
|
2.43%
|
35.06%
|
123.87%
|
|
|
PJM West Straddle
|
Jul-25
|
74.00%
|
74.06%
|
-0.08%
|
-0.06%
|
59.92%
|
23.50%
|
48.83%
|
51.55%
|
|
|
SP – 15 Straddle
|
Jul-25
|
253.32%
|
240.51%
|
5.33%
|
12.81%
|
197.26%
|
28.42%
|
20.94%
|
1109.74%
|
|
|
Mid. C Straddle
|
Jul-25
|
131.28%
|
124.42%
|
5.51%
|
6.86%
|
93.88%
|
39.84%
|
70.41%
|
86.45%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/19/25
|
5/16/25
|
% Change
|
Change
|
4/21/25
|
% Change
|
5/17/24
|
% Change
|
|
|
Dutch TTF
|
Jul-25
|
EUR 35.31
|
EUR 35.20
|
0.29%
|
EUR 0.10
|
EUR 35.88
|
-1.61%
|
EUR 34.60
|
2.04%
|
|
|
NBP
|
Jul-25
|
GBP 82.61
|
GBP 82.49
|
0.14%
|
GBP 0.12
|
GBP 86.87
|
-4.91%
|
GBP 84.68
|
-2.45%
|
|
|
German Base
|
Jul-25
|
EUR 80.21
|
EUR 80.66
|
-0.56%
|
-EUR 0.45
|
EUR 75.29
|
6.53%
|
EUR 82.45
|
-2.72%
|
|
|
UK Base
|
Jul-25
|
GBP 75.10
|
GBP 75.02
|
0.12%
|
GBP 0.09
|
GBP 76.45
|
-1.76%
|
GBP 74.71
|
0.53%
|
|
|
French Base
|
Jul-25
|
EUR 29.63
|
EUR 32.35
|
-8.40%
|
-EUR 2.72
|
EUR 41.70
|
-28.94%
|
EUR 63.71
|
-53.48%
|
|
|
Italian Base
|
Jul-25
|
EUR 112.77
|
EUR 112.18
|
0.53%
|
EUR 0.59
|
EUR 115.47
|
-2.34%
|
EUR 97.88
|
15.22%
|
|
|
JKM LNG
|
Jul-25
|
$11.94
|
$11.87
|
0.62%
|
$0.07
|
$11.94
|
0.04%
|
$11.93
|
0.12%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/19/25
|
5/16/25
|
% Change
|
Change
|
4/21/25
|
% Change
|
5/17/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Jul-25
|
$35.31
|
$35.20
|
0.29%
|
$0.10
|
$35.88
|
-1.61%
|
$34.60
|
2.04%
|
|
|
USGC-UK Continent Dirty (WET)
|
Jul-25
|
$82.61
|
$82.49
|
0.14%
|
$0.12
|
$86.87
|
-4.91%
|
$84.68
|
-2.45%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jul-25
|
$80.21
|
$80.66
|
-0.56%
|
-$0.45
|
$75.29
|
6.53%
|
$82.45
|
-2.72%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jul-25
|
$75.10
|
$75.02
|
0.12%
|
$0.09
|
$76.45
|
-1.76%
|
$74.71
|
0.53%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jul-25
|
$29.63
|
$32.35
|
-8.40%
|
-$2.72
|
$41.70
|
-28.94%
|
$63.71
|
-53.48%
|
|
|
Supramax Timecharter (DRY)
|
Jul-25
|
$112.77
|
$112.18
|
0.53%
|
$0.59
|
$115.47
|
-2.34%
|
$97.88
|
15.22%
|
|
|
Capesize Timecharter (DRY)
|
Jul-25
|
$11.94
|
$11.87
|
0.62%
|
$0.07
|
$11.94
|
0.04%
|
$11.93
|
0.12%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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