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Prices as of 8:23 AM CST
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Current Price
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Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$3.545
|
$3.204
|
10.64%
|
$0.341
|
48,327
|
|
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WTI
|
$61.64
|
$61.84
|
-0.32%
|
-$0.20
|
95,323
|
|
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Brent
|
$64.71
|
$64.90
|
-0.29%
|
-$0.19
|
3,030
|
|
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ULSD
|
$2.078
|
$2.088
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-0.48%
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-$0.010
|
1,688
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RBOB
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$2.078
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$2.089
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-0.54%
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-$0.011
|
1,143
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Spreads
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Current
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Previous
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% Change
|
Change
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Contract
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WTI-Brent
|
$3.10
|
$3.06
|
1.31%
|
$0.04
|
Jul-25
|
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3:2:1 Crack
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$24.79
|
$24.92
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-0.52%
|
-$0.13
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Jul-25
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PJM West Spark
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NA
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NA
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NA
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NA
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Jun-25
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Baker Hughes Rig Count
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Date
|
Count
|
Change
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1 Year Chg.
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1 Year Date
|
|
|
U.S.
|
05/23/25
|
566
|
-10
|
-34
|
05/24/24
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Canada
|
05/23/25
|
114
|
-7
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-6
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05/24/24
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International
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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 5/20/2025
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Open Interest
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Total Net Long
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Total Net Short
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Diff
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PJM West On Peak
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100,175
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99,551
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99,587
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-36
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PJM West Off Peak
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85,918
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85,467
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85,253
|
214
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Natural Gas Henry Hub
|
364,375
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348,850
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352,171
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-3,321
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WTI – Light Sweet Crude Futures
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155,636
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128,177
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118,159
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10,018
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Brent Crude Last Day
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219,655
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214,247
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212,714
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1,533
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NYM Ethanol
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31,712
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31,019
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31,180
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-161
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Mt Belvieu LDH Propane Swap
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154,844
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154,170
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154,257
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-87
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RBOB
|
402,946
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380,096
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385,834
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-5,738
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HSC Basis
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875,255
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869,747
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871,891
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-2,144
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EIA Short Term Energy Outlook
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2023
|
2024
|
2025 Projected
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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
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$12.90
|
$13.20
|
$13.50
|
$13.60
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Natural Gas Spot
|
$2.50
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$2.20
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$3.10
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$4.00
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LNG Exports
|
12.00
|
12.00
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14.00
|
16.00
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Electrical Generation %
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2023
|
2024
|
2025 Projected
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2026 Projected
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Natural gas
|
42.00%
|
43.00%
|
41.00%
|
40.00%
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Coal
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17.00%
|
16.00%
|
15.00%
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15.00%
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Renewables
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22.00%
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23.00%
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25.00%
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27.00%
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Nuclear
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19.00%
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19.00%
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19.00%
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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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05/22/20
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5/16/25
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5/9/25
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Net Change
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% Change
|
5/17/24
|
% Change
|
5 Year Avg.
|
% Change
|
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East
|
432
|
396
|
36
|
9.09%
|
511
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-15.46%
|
443
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-2.44%
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Midwest
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512
|
480
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32
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6.67%
|
628
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-18.47%
|
534
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-4.12%
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Mountain
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192
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185
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7
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3.78%
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202
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-4.95%
|
141
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35.79%
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Pacific
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244
|
237
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7
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2.95%
|
259
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-5.79%
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222
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10.11%
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South
|
996
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957
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39
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4.08%
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1,112
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-10.43%
|
997
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-0.14%
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Salt
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321
|
308
|
13
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4.22%
|
319
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0.63%
|
302
|
6.43%
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Non_Salt
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674
|
648
|
26
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4.01%
|
793
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-15.01%
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696
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-3.13%
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Total
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2,375
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2,255
|
120
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5.32%
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2,711
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-12.39%
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2,337
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1.62%
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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
|
5/28/25
|
5/27/25
|
% Change
|
Change
|
4/29/25
|
% Change
|
5/28/24
|
% Change
|
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PJM West On Peak
|
Jun-25
|
$53.14
|
$55.49
|
-4.24%
|
-$2.35
|
$51.22
|
3.75%
|
$53.04
|
0.19%
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ERCOT North On Peak
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Jun-25
|
$50.60
|
$50.67
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-0.13%
|
-$0.06
|
$57.02
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-11.26%
|
$68.87
|
-26.53%
|
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CAISO SP 15 On Peak
|
Jun-25
|
$22.58
|
$24.90
|
-9.30%
|
-$2.32
|
$23.78
|
-5.04%
|
$36.31
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-37.82%
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MISO Indiana On Peak
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Jun-25
|
$49.08
|
$51.34
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-4.40%
|
-$2.26
|
$45.67
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7.47%
|
$53.49
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-8.24%
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NEISO Mass On Peak
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Jun-25
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$50.30
|
$54.62
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-7.91%
|
-$4.32
|
$53.15
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-5.36%
|
$49.61
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1.40%
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WECC Mid C On Peak
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Jun-25
|
$36.00
|
$38.13
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-5.57%
|
-$2.13
|
$28.76
|
25.17%
|
$42.10
|
-14.48%
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NYISO Zone G On Peak
|
Jun-25
|
$49.94
|
$49.16
|
1.59%
|
$0.78
|
$50.35
|
-0.82%
|
$47.02
|
6.21%
|
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Natural Gas & Basis
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/28/25
|
5/27/25
|
% Change
|
Change
|
4/29/25
|
% Change
|
5/28/24
|
% Change
|
|
|
NYMEX Henry Hub
|
Jul-25
|
$3.557
|
$3.744
|
-4.99%
|
-$0.19
|
$3.67
|
-3.18%
|
$3.47
|
2.60%
|
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Houston Ship Channel
|
Jul-25
|
-$0.335
|
-$0.337
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-0.53%
|
$0.00
|
-$0.37
|
-8.52%
|
-$0.34
|
-2.22%
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Chicago
|
Jul-25
|
-$0.489
|
-$0.480
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-1.76%
|
-$0.01
|
-$0.49
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-0.16%
|
-$0.34
|
44.55%
|
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Waha
|
Jul-25
|
-$1.853
|
-$1.821
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-1.71%
|
-$0.03
|
-$1.85
|
-0.07%
|
-$0.75
|
147.84%
|
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Algonquin
|
Jul-25
|
-$0.126
|
-$0.045
|
-180.49%
|
-$0.08
|
$0.29
|
-143.44%
|
$0.09
|
-243.75%
|
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Aeco
|
Jul-25
|
-$2.156
|
-$2.248
|
-4.10%
|
$0.09
|
-$2.03
|
6.46%
|
-$1.32
|
62.76%
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Socal
|
Jul-25
|
-$0.187
|
-$0.252
|
-25.62%
|
$0.06
|
-$0.47
|
-59.88%
|
$1.40
|
-113.41%
|
|
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Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/28/25
|
5/27/25
|
% Change
|
Change
|
4/29/25
|
% Change
|
5/28/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Jun-25
|
$0.757
|
$0.754
|
0.49%
|
$0.00
|
$0.75
|
1.57%
|
$0.70
|
8.31%
|
|
|
Mt. Belvieu Propane non LST
|
Jun-25
|
$0.755
|
$0.750
|
0.66%
|
$0.00
|
$0.75
|
0.71%
|
$0.69
|
8.63%
|
|
|
Mt. Belview Ethane
|
Jun-25
|
$0.236
|
$0.248
|
-4.56%
|
-$0.01
|
$0.25
|
-4.55%
|
$0.25
|
-4.10%
|
|
|
Mt. Belview Nat. Gasoline
|
Jun-25
|
$1.280
|
$1.271
|
0.71%
|
$0.01
|
$1.29
|
-1.13%
|
$1.48
|
-13.53%
|
|
|
Mt. Belvieu Butane LST
|
Jun-25
|
$0.839
|
$0.834
|
0.60%
|
$0.01
|
$0.91
|
-7.47%
|
$0.83
|
1.53%
|
|
|
Far East Propane
|
Jun-25
|
$5.390
|
$5.350
|
0.74%
|
$0.04
|
$5.20
|
3.64%
|
$5.40
|
-0.27%
|
|
|
Saudi Propane
|
Jun-25
|
$5.960
|
$5.930
|
0.50%
|
$0.03
|
$5.72
|
4.26%
|
$5.10
|
16.82%
|
|
|
|
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|
|
|
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|
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|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/28/25
|
5/27/25
|
% Change
|
Change
|
4/29/25
|
% Change
|
5/28/24
|
% Change
|
|
|
WTI
|
Jul-25
|
$61.84
|
$60.89
|
1.54%
|
$0.95
|
$59.84
|
3.34%
|
$74.06
|
-16.50%
|
|
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Brent
|
Jul-25
|
$64.90
|
$64.09
|
1.25%
|
$0.81
|
$63.28
|
2.56%
|
$78.98
|
-17.83%
|
|
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WCS
|
Jul-25
|
-$9.60
|
-$9.75
|
-1.56%
|
$0.15
|
-$10.25
|
-6.34%
|
-$12.65
|
-24.11%
|
|
|
LLS
|
Jul-25
|
$63.11
|
$62.40
|
1.13%
|
$0.71
|
$61.69
|
2.30%
|
$74.78
|
-15.61%
|
|
|
Mars
|
Jul-25
|
$61.22
|
$60.73
|
0.81%
|
$0.49
|
$60.31
|
1.51%
|
$71.98
|
-14.94%
|
|
|
Sour
|
Jul-25
|
$61.63
|
$60.99
|
1.02%
|
$0.63
|
$60.08
|
2.58%
|
$72.37
|
-14.85%
|
|
|
ESPO
|
Jul-25
|
$62.90
|
$62.09
|
1.29%
|
$0.81
|
$61.28
|
2.64%
|
$76.98
|
-18.29%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/28/25
|
5/27/25
|
% Change
|
Change
|
4/29/25
|
% Change
|
5/28/24
|
% Change
|
|
|
NY Heating Oil
|
Jun-25
|
$2.09
|
$2.08
|
0.34%
|
$0.01
|
$2.06
|
1.46%
|
$2.47
|
-15.47%
|
|
|
NY Gasoline
|
Jun-25
|
$2.06
|
$2.09
|
-1.10%
|
-$0.02
|
$2.05
|
0.78%
|
$2.35
|
-12.18%
|
|
|
GC Gasoline
|
Jun-25
|
$1.96
|
$1.99
|
-1.16%
|
-$0.02
|
$1.95
|
0.82%
|
$2.25
|
-12.72%
|
|
|
GC Jet
|
Jun-25
|
$1.90
|
$1.92
|
-0.99%
|
-$0.02
|
$1.94
|
-2.27%
|
$2.37
|
-19.99%
|
|
|
Chicago Ethanol
|
Jun-25
|
$1.76
|
$1.79
|
-1.62%
|
-$0.03
|
$1.81
|
-2.60%
|
$1.69
|
3.96%
|
|
|
Rotterdam Gasoil
|
Jun-25
|
$624.01
|
$623.68
|
0.05%
|
$0.33
|
$603.97
|
3.32%
|
$703.77
|
-11.33%
|
|
|
Singapore Jet Kero
|
Jun-25
|
$77.91
|
$78.68
|
-0.98%
|
-$0.77
|
$78.69
|
-1.00%
|
$95.68
|
-18.57%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/28/25
|
5/27/25
|
% Change
|
Change
|
4/29/25
|
% Change
|
5/28/24
|
% Change
|
|
|
Henry Hub Straddle
|
Jul-25
|
65.40%
|
64.20%
|
1.87%
|
1.20%
|
60.60%
|
7.92%
|
31.88%
|
105.14%
|
|
|
Algonquin Straddle
|
Jul-25
|
60.97%
|
48.92%
|
24.63%
|
12.05%
|
57.45%
|
6.13%
|
31.95%
|
90.83%
|
|
|
Waha Straddle
|
Jul-25
|
112.31%
|
105.43%
|
6.53%
|
6.88%
|
139.49%
|
-19.49%
|
42.26%
|
165.76%
|
|
|
Chicago Straddle
|
Jul-25
|
67.65%
|
63.65%
|
6.28%
|
4.00%
|
66.94%
|
1.06%
|
32.79%
|
106.31%
|
|
|
PJM West Straddle
|
Jul-25
|
77.64%
|
80.01%
|
-2.96%
|
-2.37%
|
64.87%
|
19.69%
|
50.42%
|
53.99%
|
|
|
SP – 15 Straddle
|
Jul-25
|
274.00%
|
270.21%
|
1.40%
|
3.79%
|
207.76%
|
31.88%
|
44.48%
|
516.01%
|
|
|
Mid. C Straddle
|
Jul-25
|
123.78%
|
162.66%
|
-23.90%
|
-38.88%
|
93.02%
|
33.07%
|
69.01%
|
79.37%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/28/25
|
5/27/25
|
% Change
|
Change
|
4/29/25
|
% Change
|
5/28/24
|
% Change
|
|
|
Dutch TTF
|
Jul-25
|
EUR 36.72
|
EUR 36.80
|
-0.21%
|
-EUR 0.08
|
EUR 31.92
|
15.04%
|
EUR 36.45
|
0.75%
|
|
|
NBP
|
Jul-25
|
GBP 85.88
|
GBP 86.85
|
-1.13%
|
-GBP 0.98
|
GBP 75.79
|
13.32%
|
GBP 88.32
|
-2.77%
|
|
|
German Base
|
Jul-25
|
EUR 80.22
|
EUR 80.99
|
-0.94%
|
-EUR 0.76
|
EUR 71.17
|
12.72%
|
EUR 86.69
|
-7.45%
|
|
|
UK Base
|
Jul-25
|
GBP 76.48
|
GBP 79.57
|
-3.89%
|
-GBP 3.10
|
GBP 69.55
|
9.96%
|
GBP 78.55
|
-2.63%
|
|
|
French Base
|
Jul-25
|
EUR 40.18
|
EUR 41.49
|
-3.16%
|
-EUR 1.31
|
EUR 36.88
|
8.94%
|
EUR 65.80
|
-38.94%
|
|
|
Italian Base
|
Jul-25
|
EUR 117.32
|
EUR 118.95
|
-1.37%
|
-EUR 1.63
|
EUR 104.38
|
12.39%
|
EUR 103.93
|
12.88%
|
|
|
JKM LNG
|
Jul-25
|
$12.41
|
$12.81
|
-3.12%
|
-$0.40
|
$10.80
|
14.84%
|
$12.56
|
-1.19%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
5/28/25
|
5/27/25
|
% Change
|
Change
|
4/29/25
|
% Change
|
5/28/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Jul-25
|
$36.72
|
$36.80
|
-0.21%
|
-$0.08
|
$31.92
|
15.04%
|
$36.45
|
0.75%
|
|
|
USGC-UK Continent Dirty (WET)
|
Jul-25
|
$85.88
|
$86.85
|
-1.13%
|
-$0.98
|
$75.79
|
13.32%
|
$88.32
|
-2.77%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Jul-25
|
$80.22
|
$80.99
|
-0.94%
|
-$0.76
|
$71.17
|
12.72%
|
$86.69
|
-7.45%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Jul-25
|
$76.48
|
$79.57
|
-3.89%
|
-$3.10
|
$69.55
|
9.96%
|
$78.55
|
-2.63%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Jul-25
|
$40.18
|
$41.49
|
-3.16%
|
-$1.31
|
$36.88
|
8.94%
|
$65.80
|
-38.94%
|
|
|
Supramax Timecharter (DRY)
|
Jul-25
|
$117.32
|
$118.95
|
-1.37%
|
-$1.63
|
$104.38
|
12.39%
|
$103.93
|
12.88%
|
|
|
Capesize Timecharter (DRY)
|
Jul-25
|
$12.41
|
$12.81
|
-3.12%
|
-$0.40
|
$10.80
|
14.84%
|
$12.56
|
-1.19%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/24/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
0
|
-2
|
-9
|
4
|
1
|
-5
|
NA
|
NA
|
|
|
Middle Atlantic
|
0
|
-7
|
-19
|
11
|
-2
|
-19
|
NA
|
NA
|
|
|
E N Central
|
0
|
-14
|
-33
|
17
|
-16
|
-27
|
NA
|
NA
|
|
|
W N Central
|
2
|
-16
|
-26
|
37
|
-11
|
-7
|
NA
|
NA
|
|
|
South Atlantic
|
56
|
10
|
-2
|
386
|
80
|
33
|
26.00%
|
9.00%
|
|
|
E S Central
|
44
|
8
|
-12
|
210
|
63
|
2
|
43.00%
|
1.00%
|
|
|
W S Central
|
93
|
28
|
2
|
494
|
142
|
34
|
40.00%
|
7.00%
|
|
|
Mountain
|
24
|
-1
|
4
|
97
|
-15
|
30
|
-13.00%
|
45.00%
|
|
|
Pacific
|
5
|
-4
|
5
|
16
|
-28
|
15
|
NA
|
NA
|
|
|
United States
|
26
|
0
|
-10
|
156
|
26
|
6
|
20.00%
|
5.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/24/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
91
|
39
|
64
|
6,097
|
-410
|
437
|
-6.00%
|
8.00%
|
|
|
Middle Atlantic
|
71
|
33
|
63
|
5,281
|
-564
|
364
|
-10.00%
|
7.00%
|
|
|
E N Central
|
75
|
31
|
68
|
5,855
|
-560
|
589
|
-9.00%
|
11.00%
|
|
|
W N Central
|
66
|
28
|
48
|
6,082
|
-591
|
472
|
-9.00%
|
8.00%
|
|
|
South Atlantic
|
11
|
1
|
8
|
2,575
|
-264
|
121
|
-9.00%
|
5.00%
|
|
|
E S Central
|
10
|
-3
|
8
|
3,171
|
-417
|
96
|
-12.00%
|
3.00%
|
|
|
W S Central
|
1
|
-1
|
1
|
1,941
|
-344
|
-102
|
-15.00%
|
-5.00%
|
|
|
Mountain
|
47
|
2
|
0
|
4,689
|
-402
|
-109
|
-8.00%
|
-2.00%
|
|
|
Pacific
|
29
|
-7
|
-14
|
3,029
|
-93
|
12
|
-3.00%
|
0.00%
|
|
|
United States
|
42
|
13
|
26
|
4,078
|
-385
|
212
|
-9.00%
|
6.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|

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