| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Prices as of 7:03 AM CST 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Current Price 
 | 
 Previous Settle 
 | 
 % Change 
 | 
 Change 
 | 
 Volume 
 | 
   
 | 
 
| 
   
 | 
 Natural Gas 
 | 
 $3.417 
 | 
 $3.476 
 | 
 -1.70% 
 | 
 -$0.059 
 | 
 21,275 
 | 
   
 | 
 
| 
   
 | 
 WTI 
 | 
 $61.42 
 | 
 $61.78 
 | 
 -0.58% 
 | 
 -$0.36 
 | 
 62,139 
 | 
   
 | 
 
| 
   
 | 
 Brent 
 | 
 $64.98 
 | 
 $67.04 
 | 
 -3.07% 
 | 
 -$2.06 
 | 
 17,877 
 | 
   
 | 
 
| 
   
 | 
 ULSD 
 | 
 $2.276 
 | 
 $2.302 
 | 
 -1.11% 
 | 
 -$0.025 
 | 
 6,563 
 | 
   
 | 
 
| 
   
 | 
 RBOB 
 | 
 $1.873 
 | 
 $1.886 
 | 
 -0.68% 
 | 
 -$0.013 
 | 
 5,876 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Spreads 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Current 
 | 
 Previous 
 | 
 % Change 
 | 
 Change 
 | 
 Contract 
 | 
   
 | 
 
| 
   
 | 
 WTI-Brent 
 | 
 $3.96 
 | 
 $3.96 
 | 
 0.00% 
 | 
 $0.00 
 | 
 Dec-25 
 | 
   
 | 
 
| 
   
 | 
 3:2:1 Crack 
 | 
 $21.82 
 | 
 $22.11 
 | 
 -1.32% 
 | 
 -$0.29 
 | 
 Nov-25 
 | 
   
 | 
 
| 
   
 | 
 PJM West Spark 
 | 
 $45.37 
 | 
 $42.11 
 | 
 7.73% 
 | 
 $3.26 
 | 
 Nov-25 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Baker Hughes Rig Count 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Date 
 | 
 Count 
 | 
 Change 
 | 
 1 Year Chg. 
 | 
 1 Year Date 
 | 
   
 | 
 
| 
   
 | 
 U.S. 
 | 
 09/19/25 
 | 
 542 
 | 
 3 
 | 
 -46 
 | 
 09/20/24 
 | 
   
 | 
 
| 
   
 | 
 Canada 
 | 
 09/19/25 
 | 
 189 
 | 
 3 
 | 
 -22 
 | 
 09/20/24 
 | 
   
 | 
 
| 
   
 | 
 International 
 
 | 
 August-2025 
 | 
 1076 
 | 
 -3 
 | 
 -66 
 | 
 August-2024 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 CFTC Net Positions 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 As of 9/23/2025 
 | 
 Open Interest 
 | 
 Total Net Long 
 | 
 Total Net Short 
 | 
 Diff 
 | 
   
 | 
 
| 
   
 | 
 PJM West On Peak 
 | 
 102,773 
 | 
 102,325 
 | 
 102,400 
 | 
 -75 
 | 
   
 | 
 
| 
   
 | 
 PJM West Off Peak 
 | 
 96,882 
 | 
 96,685 
 | 
 96,493 
 | 
 192 
 | 
   
 | 
 
| 
   
 | 
 Natural Gas Henry Hub 
 | 
 345,687 
 | 
 332,518 
 | 
 334,033 
 | 
 -1,515 
 | 
   
 | 
 
| 
   
 | 
 WTI – Light Sweet Crude Futures 
 | 
 165,725 
 | 
 139,486 
 | 
 131,892 
 | 
 7,594 
 | 
   
 | 
 
| 
   
 | 
 Brent Crude Last Day 
 | 
 235,477 
 | 
 227,938 
 | 
 229,310 
 | 
 -1,372 
 | 
   
 | 
 
| 
   
 | 
 NYM Ethanol 
 | 
 53,845 
 | 
 53,048 
 | 
 53,281 
 | 
 -233 
 | 
   
 | 
 
| 
   
 | 
 Mt Belvieu LDH Propane Swap 
 | 
 155,446 
 | 
 154,412 
 | 
 155,018 
 | 
 -606 
 | 
   
 | 
 
| 
   
 | 
 RBOB 
 | 
 361,113 
 | 
 336,109 
 | 
 347,150 
 | 
 -11,041 
 | 
   
 | 
 
| 
   
 | 
 HSC Basis 
 | 
 765,288 
 | 
 754,685 
 | 
 758,098 
 | 
 -3,413 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 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 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 09/25/20 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 9/19/25 
 | 
 9/12/25 
 | 
 Net Change 
 | 
 % Change 
 | 
 9/27/24 
 | 
 % Change 
 | 
 5 Year Avg. 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 East 
 | 
 807 
 | 
 781 
 | 
 26 
 | 
 3.33% 
 | 
 846 
 | 
 -4.61% 
 | 
 808 
 | 
 -0.10% 
 | 
   
 | 
 
| 
   
 | 
 Midwest 
 | 
 945 
 | 
 920 
 | 
 25 
 | 
 2.72% 
 | 
 1,013 
 | 
 -6.71% 
 | 
 964 
 | 
 -1.99% 
 | 
   
 | 
 
| 
   
 | 
 Mountain 
 | 
 266 
 | 
 261 
 | 
 5 
 | 
 1.92% 
 | 
 283 
 | 
 -6.01% 
 | 
 225 
 | 
 18.22% 
 | 
   
 | 
 
| 
   
 | 
 Pacific 
 | 
 300 
 | 
 297 
 | 
 3 
 | 
 1.01% 
 | 
 293 
 | 
 2.39% 
 | 
 273 
 | 
 9.81% 
 | 
   
 | 
 
| 
   
 | 
 South 
 | 
 1,190 
 | 
 1,174 
 | 
 16 
 | 
 1.36% 
 | 
 1,113 
 | 
 6.92% 
 | 
 1,092 
 | 
 8.99% 
 | 
   
 | 
 
| 
   
 | 
     Salt 
 | 
 299 
 | 
 294 
 | 
 5 
 | 
 1.70% 
 | 
 261 
 | 
 14.56% 
 | 
 262 
 | 
 13.95% 
 | 
   
 | 
 
| 
   
 | 
     Non_Salt 
 | 
 890 
 | 
 879 
 | 
 11 
 | 
 1.25% 
 | 
 852 
 | 
 4.46% 
 | 
 829 
 | 
 7.33% 
 | 
   
 | 
 
| 
   
 | 
 Total 
 | 
 3,508 
 | 
 3,433 
 | 
 75 
 | 
 2.18% 
 | 
 3,547 
 | 
 -1.10% 
 | 
 3,362 
 | 
 4.35% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
 
 
 | 
 
 
 
  
 | 
 Power Generation Additions/Retirements 
 | 
 
 
 
  
 | 
 | 
 
 
 
  
| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
 Front Month Prices 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Electricity 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/1/25 
 | 
 9/30/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/3/25 
 | 
 % Change 
 | 
 10/1/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 PJM West On Peak 
 | 
 Nov-25 
 | 
 $52.73 
 | 
 $49.55 
 | 
 6.42% 
 | 
 $3.18 
 | 
 $44.01 
 | 
 19.82% 
 | 
 $48.71 
 | 
 8.25% 
 | 
   
 | 
 
| 
   
 | 
 ERCOT North On Peak 
 | 
 Nov-25 
 | 
 $39.00 
 | 
 $35.17 
 | 
 10.89% 
 | 
 $3.83 
 | 
 $35.38 
 | 
 10.26% 
 | 
 $41.06 
 | 
 -5.00% 
 | 
   
 | 
 
| 
   
 | 
 CAISO SP 15 On Peak 
 | 
 Nov-25 
 | 
 $33.75 
 | 
 $32.75 
 | 
 3.05% 
 | 
 $1.00 
 | 
 $36.22 
 | 
 -6.82% 
 | 
 $46.29 
 | 
 -27.08% 
 | 
   
 | 
 
| 
   
 | 
 MISO Indiana On Peak 
 | 
 Nov-25 
 | 
 $50.24 
 | 
 $46.59 
 | 
 7.83% 
 | 
 $3.65 
 | 
 $41.43 
 | 
 21.26% 
 | 
 $46.38 
 | 
 8.31% 
 | 
   
 | 
 
| 
   
 | 
 NEISO Mass On Peak 
 | 
 Nov-25 
 | 
 $55.87 
 | 
 $52.82 
 | 
 5.78% 
 | 
 $3.05 
 | 
 $54.15 
 | 
 3.18% 
 | 
 $57.90 
 | 
 -3.51% 
 | 
   
 | 
 
| 
   
 | 
 WECC Mid C On Peak 
 | 
 Nov-25 
 | 
 $47.14 
 | 
 $41.57 
 | 
 13.40% 
 | 
 $5.57 
 | 
 $50.31 
 | 
 -6.30% 
 | 
 $70.37 
 | 
 -33.01% 
 | 
   
 | 
 
| 
   
 | 
 NYISO Zone G On Peak 
 | 
 Nov-25 
 | 
 $53.52 
 | 
 $50.93 
 | 
 5.10% 
 | 
 $2.60 
 | 
 $52.02 
 | 
 2.89% 
 | 
 $48.13 
 | 
 11.21% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Natural Gas & Basis 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/1/25 
 | 
 9/30/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/3/25 
 | 
 % Change 
 | 
 10/1/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 NYMEX Henry Hub 
 | 
 Nov-25 
 | 
 $3.476 
 | 
 $3.303 
 | 
 5.24% 
 | 
 $0.17 
 | 
 $3.38 
 | 
 2.96% 
 | 
 $3.64 
 | 
 -4.43% 
 | 
   
 | 
 
| 
   
 | 
 Houston Ship Channel 
 | 
 Nov-25 
 | 
 -$0.348 
 | 
 -$0.363 
 | 
 -3.97% 
 | 
 $0.01 
 | 
 -$0.48 
 | 
 -26.96% 
 | 
 -$0.61 
 | 
 -43.04% 
 | 
   
 | 
 
| 
   
 | 
 Chicago 
 | 
 Nov-25 
 | 
 -$0.248 
 | 
 -$0.223 
 | 
 -10.06% 
 | 
 -$0.02 
 | 
 -$0.25 
 | 
 0.49% 
 | 
 -$0.24 
 | 
 5.18% 
 | 
   
 | 
 
| 
   
 | 
 Waha 
 | 
 Nov-25 
 | 
 -$3.509 
 | 
 -$3.188 
 | 
 -10.10% 
 | 
 -$0.32 
 | 
 -$2.53 
 | 
 38.63% 
 | 
 -$1.58 
 | 
 122.10% 
 | 
   
 | 
 
| 
   
 | 
 Algonquin 
 | 
 Nov-25 
 | 
 $0.743 
 | 
 $0.712 
 | 
 4.33% 
 | 
 $0.03 
 | 
 $0.72 
 | 
 2.53% 
 | 
 $0.97 
 | 
 -23.74% 
 | 
   
 | 
 
| 
   
 | 
 Aeco 
 | 
 Nov-25 
 | 
 -$1.581 
 | 
 -$1.472 
 | 
 7.35% 
 | 
 -$0.11 
 | 
 -$1.44 
 | 
 9.96% 
 | 
 -$1.30 
 | 
 21.33% 
 | 
   
 | 
 
| 
   
 | 
 Socal 
 | 
 Nov-25 
 | 
 -$0.340 
 | 
 -$0.287 
 | 
 18.30% 
 | 
 -$0.05 
 | 
 $0.03 
 | 
 -1133.74% 
 | 
 $0.48 
 | 
 -170.53% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Natural Gas Liquids 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/1/25 
 | 
 9/30/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/3/25 
 | 
 % Change 
 | 
 10/1/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Propane LST 
 | 
 Nov-25 
 | 
 $0.690 
 | 
 $0.710 
 | 
 -2.83% 
 | 
 -$0.02 
 | 
 $0.71 
 | 
 -3.34% 
 | 
 $0.74 
 | 
 -7.33% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Propane non LST 
 | 
 Nov-25 
 | 
 $0.680 
 | 
 $0.703 
 | 
 -3.22% 
 | 
 -$0.02 
 | 
 $0.72 
 | 
 -4.91% 
 | 
 $0.75 
 | 
 -9.33% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belview Ethane 
 | 
 Nov-25 
 | 
 $0.270 
 | 
 $0.269 
 | 
 0.47% 
 | 
 $0.00 
 | 
 $0.24 
 | 
 10.70% 
 | 
 $0.25 
 | 
 6.42% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belview Nat. Gasoline 
 | 
 Nov-25 
 | 
 $1.270 
 | 
 $1.286 
 | 
 -1.26% 
 | 
 -$0.02 
 | 
 $1.32 
 | 
 -3.45% 
 | 
 $1.40 
 | 
 -9.36% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Butane LST 
 | 
 Nov-25 
 | 
 $0.863 
 | 
 $0.905 
 | 
 -4.70% 
 | 
 -$0.04 
 | 
 $0.88 
 | 
 -1.52% 
 | 
 $0.89 
 | 
 -2.70% 
 | 
   
 | 
 
| 
   
 | 
 Far East Propane 
 | 
 Nov-25 
 | 
 $5.180 
 | 
 $5.231 
 | 
 -0.97% 
 | 
 -$0.05 
 | 
 $5.55 
 | 
 -6.67% 
 | 
 $5.59 
 | 
 -7.35% 
 | 
   
 | 
 
| 
   
 | 
 Saudi Propane 
 | 
 Nov-25 
 | 
 $4.745 
 | 
 $5.370 
 | 
 -11.63% 
 | 
 -$0.62 
 | 
 $5.50 
 | 
 -13.65% 
 | 
 $5.19 
 | 
 -8.61% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Crude Oil 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/1/25 
 | 
 9/30/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/3/25 
 | 
 % Change 
 | 
 10/1/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 WTI 
 | 
 Nov-25 
 | 
 $61.78 
 | 
 $62.37 
 | 
 -0.96% 
 | 
 -$0.59 
 | 
 $63.57 
 | 
 -2.82% 
 | 
 $67.55 
 | 
 -8.54% 
 | 
   
 | 
 
| 
   
 | 
 Brent 
 | 
 Nov-25 
 | 
 $65.50 
 | 
 $66.21 
 | 
 -1.08% 
 | 
 -$0.71 
 | 
 $67.60 
 | 
 -3.10% 
 | 
 $72.06 
 | 
 -9.10% 
 | 
   
 | 
 
| 
   
 | 
 WCS 
 | 
 Nov-25 
 | 
 -$10.06 
 | 
 -$11.97 
 | 
 -19.05% 
 | 
 $1.91 
 | 
 -$12.44 
 | 
 -19.20% 
 | 
 -$15.96 
 | 
 -36.99% 
 | 
   
 | 
 
| 
   
 | 
 LLS 
 | 
 Nov-25 
 | 
 $63.28 
 | 
 $64.14 
 | 
 -1.36% 
 | 
 -$0.86 
 | 
 $65.61 
 | 
 -3.55% 
 | 
 $70.92 
 | 
 -10.77% 
 | 
   
 | 
 
| 
   
 | 
 Mars 
 | 
 Nov-25 
 | 
 $60.37 
 | 
 $61.54 
 | 
 -1.93% 
 | 
 -$1.16 
 | 
 $63.07 
 | 
 -4.28% 
 | 
 $67.93 
 | 
 -11.13% 
 | 
   
 | 
 
| 
   
 | 
 Sour 
 | 
 Nov-25 
 | 
 $61.79 
 | 
 $62.58 
 | 
 -1.28% 
 | 
 -$0.79 
 | 
 $64.03 
 | 
 -3.50% 
 | 
 $69.32 
 | 
 -10.87% 
 | 
   
 | 
 
| 
   
 | 
 ESPO 
 | 
 Nov-25 
 | 
 $63.50 
 | 
 $64.21 
 | 
 -1.12% 
 | 
 -$0.71 
 | 
 $65.60 
 | 
 -3.20% 
 | 
 $70.06 
 | 
 -9.36% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Refined Products 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/1/25 
 | 
 9/30/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/3/25 
 | 
 % Change 
 | 
 10/1/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 NY Heating Oil 
 | 
 Nov-25 
 | 
 $2.31 
 | 
 $2.33 
 | 
 -1.03% 
 | 
 -$0.02 
 | 
 $2.35 
 | 
 -1.71% 
 | 
 $2.27 
 | 
 1.36% 
 | 
   
 | 
 
| 
   
 | 
 NY Gasoline 
 | 
 Nov-25 
 | 
 $1.91 
 | 
 $1.92 
 | 
 -0.52% 
 | 
 -$0.01 
 | 
 $1.96 
 | 
 -2.55% 
 | 
 $1.91 
 | 
 0.00% 
 | 
   
 | 
 
| 
   
 | 
 GC Gasoline 
 | 
 Nov-25 
 | 
 $1.77 
 | 
 $1.78 
 | 
 -0.56% 
 | 
 -$0.01 
 | 
 $1.82 
 | 
 -2.75% 
 | 
 $1.81 
 | 
 -2.21% 
 | 
   
 | 
 
| 
   
 | 
 GC Jet 
 | 
 Nov-25 
 | 
 $2.13 
 | 
 $2.12 
 | 
 0.47% 
 | 
 $0.01 
 | 
 $2.08 
 | 
 2.06% 
 | 
 $2.08 
 | 
 2.21% 
 | 
   
 | 
 
| 
   
 | 
 Chicago Ethanol 
 | 
 Nov-25 
 | 
 $1.92 
 | 
 $1.86 
 | 
 3.11% 
 | 
 $0.06 
 | 
 $1.85 
 | 
 3.73% 
 | 
 $1.59 
 | 
 20.51% 
 | 
   
 | 
 
| 
   
 | 
 Rotterdam Gasoil 
 | 
 Nov-25 
 | 
 $601.46 
 | 
 $609.12 
 | 
 -1.26% 
 | 
 -$7.66 
 | 
 $598.84 
 | 
 0.44% 
 | 
 $611.23 
 | 
 -1.60% 
 | 
   
 | 
 
| 
   
 | 
 Singapore Jet Kero 
 | 
 Nov-25 
 | 
 $86.13 
 | 
 $86.05 
 | 
 0.10% 
 | 
 $0.08 
 | 
 $85.28 
 | 
 1.00% 
 | 
 $84.45 
 | 
 1.99% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Implied Volatilities 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/1/25 
 | 
 9/30/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/3/25 
 | 
 % Change 
 | 
 10/1/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Henry Hub Straddle 
 | 
 Nov-25 
 | 
 51.38% 
 | 
 53.71% 
 | 
 -4.34% 
 | 
 -2.33% 
 | 
 51.88% 
 | 
 -0.96% 
 | 
 40.89% 
 | 
 25.65% 
 | 
   
 | 
 
| 
   
 | 
 Algonquin Straddle 
 | 
 Nov-25 
 | 
 57.33% 
 | 
 63.56% 
 | 
 -9.80% 
 | 
 -6.23% 
 | 
 63.05% 
 | 
 -9.07% 
 | 
 50.47% 
 | 
 13.59% 
 | 
   
 | 
 
| 
   
 | 
 Waha Straddle 
 | 
 Nov-25 
 | 
 1187.37% 
 | 
 1125.35% 
 | 
 5.51% 
 | 
 62.02% 
 | 
 214.28% 
 | 
 454.12% 
 | 
 49.92% 
 | 
 2278.55% 
 | 
   
 | 
 
| 
   
 | 
 Chicago Straddle 
 | 
 Nov-25 
 | 
 50.93% 
 | 
 55.20% 
 | 
 -7.74% 
 | 
 -4.27% 
 | 
 54.25% 
 | 
 -6.12% 
 | 
 41.34% 
 | 
 23.20% 
 | 
   
 | 
 
| 
   
 | 
 PJM West Straddle 
 | 
 Nov-25 
 | 
 36.59% 
 | 
 36.97% 
 | 
 -1.03% 
 | 
 -0.38% 
 | 
 34.45% 
 | 
 6.21% 
 | 
 39.59% 
 | 
 -7.58% 
 | 
   
 | 
 
| 
   
 | 
 SP – 15 Straddle 
 | 
 Nov-25 
 | 
 234.44% 
 | 
 231.01% 
 | 
 1.48% 
 | 
 3.43% 
 | 
 310.28% 
 | 
 -24.44% 
 | 
 50.09% 
 | 
 368.04% 
 | 
   
 | 
 
| 
   
 | 
 Mid. C Straddle 
 | 
 Nov-25 
 | 
 37.72% 
 | 
 40.50% 
 | 
 -6.86% 
 | 
 -2.78% 
 | 
 46.98% 
 | 
 -19.71% 
 | 
 61.25% 
 | 
 -38.42% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Euro Gas and Power/LNG 
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/1/25 
 | 
 9/30/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/3/25 
 | 
 % Change 
 | 
 10/1/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Dutch TTF 
 | 
 Nov-25 
 | 
 EUR 31.43 
 | 
 EUR 31.42 
 | 
 0.04% 
 | 
 EUR 0.01 
 | 
 EUR 33.13 
 | 
 -5.11% 
 | 
 EUR 38.75 
 | 
 -18.88% 
 | 
   
 | 
 
| 
   
 | 
 NBP 
 | 
 Nov-25 
 | 
 GBP 80.33 
 | 
 GBP 80.53 
 | 
 -0.25% 
 | 
 -GBP 0.20 
 | 
 GBP 84.35 
 | 
 -4.77% 
 | 
 GBP 99.39 
 | 
 -19.18% 
 | 
   
 | 
 
| 
   
 | 
 German Base 
 | 
 Nov-25 
 | 
 EUR 94.74 
 | 
 EUR 95.18 
 | 
 -0.46% 
 | 
 -EUR 0.44 
 | 
 EUR 95.72 
 | 
 -1.03% 
 | 
 EUR 94.60 
 | 
 0.14% 
 | 
   
 | 
 
| 
   
 | 
 UK Base 
 | 
 Nov-25 
 | 
 GBP 80.09 
 | 
 GBP 79.63 
 | 
 0.57% 
 | 
 GBP 0.46 
 | 
 GBP 82.87 
 | 
 -3.36% 
 | 
 GBP 83.48 
 | 
 -4.07% 
 | 
   
 | 
 
| 
   
 | 
 French Base 
 | 
 Nov-25 
 | 
 EUR 71.04 
 | 
 EUR 71.25 
 | 
 -0.30% 
 | 
 -EUR 0.21 
 | 
 EUR 74.05 
 | 
 -4.06% 
 | 
 EUR 79.86 
 | 
 -11.04% 
 | 
   
 | 
 
| 
   
 | 
 Italian Base 
 | 
 Nov-25 
 | 
 EUR 108.23 
 | 
 EUR 109.10 
 | 
 -0.79% 
 | 
 -EUR 0.87 
 | 
 EUR 110.52 
 | 
 -2.07% 
 | 
 EUR 113.01 
 | 
 -4.22% 
 | 
   
 | 
 
| 
   
 | 
 JKM LNG 
 | 
 Nov-25 
 | 
 $10.74 
 | 
 $10.81 
 | 
 -0.62% 
 | 
 -$0.07 
 | 
 $11.35 
 | 
 -5.38% 
 | 
 $13.45 
 | 
 -20.17% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Freight Forwards (WET & DRY) 
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/1/25 
 | 
 9/30/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/3/25 
 | 
 % Change 
 | 
 10/1/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 TD3C FFA Middle East to China (WET) 
 | 
 Nov-25 
 | 
 $31.43 
 | 
 $31.42 
 | 
 0.04% 
 | 
 $0.01 
 | 
 $33.13 
 | 
 -5.11% 
 | 
 $38.75 
 | 
 -18.88% 
 | 
   
 | 
 
| 
   
 | 
 USGC-UK Continent Dirty (WET) 
 | 
 Nov-25 
 | 
 $80.33 
 | 
 $80.53 
 | 
 -0.25% 
 | 
 -$0.20 
 | 
 $84.35 
 | 
 -4.77% 
 | 
 $99.39 
 | 
 -19.18% 
 | 
   
 | 
 
| 
   
 | 
 TD20 West Africa to UK Continent (WET) 
 | 
 Nov-25 
 | 
 $94.74 
 | 
 $95.18 
 | 
 -0.46% 
 | 
 -$0.44 
 | 
 $95.72 
 | 
 -1.03% 
 | 
 $94.60 
 | 
 0.14% 
 | 
   
 | 
 
| 
   
 | 
 LPG FFA Middle East Gulf to East (WET) 
 | 
 Nov-25 
 | 
 $80.09 
 | 
 $79.63 
 | 
 0.57% 
 | 
 $0.46 
 | 
 $82.87 
 | 
 -3.36% 
 | 
 $83.48 
 | 
 -4.07% 
 | 
   
 | 
 
| 
   
 | 
 TC5 FFA Arabian Gulf to Japan (WET) 
 | 
 Nov-25 
 | 
 $71.04 
 | 
 $71.25 
 | 
 -0.30% 
 | 
 -$0.21 
 | 
 $74.05 
 | 
 -4.06% 
 | 
 $79.86 
 | 
 -11.04% 
 | 
   
 | 
 
| 
   
 | 
 Supramax Timecharter (DRY) 
 | 
 Nov-25 
 | 
 $108.23 
 | 
 $109.10 
 | 
 -0.79% 
 | 
 -$0.87 
 | 
 $110.52 
 | 
 -2.07% 
 | 
 $113.01 
 | 
 -4.22% 
 | 
   
 | 
 
| 
   
 | 
 Capesize Timecharter (DRY) 
 | 
 Nov-25 
 | 
 $10.74 
 | 
 $10.81 
 | 
 -0.62% 
 | 
 -$0.07 
 | 
 $11.35 
 | 
 -5.38% 
 | 
 $13.45 
 | 
 -20.17% 
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
 
 
 | 
 
 
 
  
| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Cooling Degree Days 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 09/27/2025 
 | 
 Week Tot 
 | 
 Dev Norm 
 | 
 Dev L YR 
 | 
 Cum Tot 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
   
 | 
 
| 
   
 | 
 New England 
 | 
 7 
 | 
 6 
 | 
 6 
 | 
 542 
 | 
 126 
 | 
 -46 
 | 
 30.00% 
 | 
 -8.00% 
 | 
   
 | 
 
| 
   
 | 
 Middle Atlantic 
 | 
 22 
 | 
 16 
 | 
 11 
 | 
 786 
 | 
 137 
 | 
 -72 
 | 
 21.00% 
 | 
 -8.00% 
 | 
   
 | 
 
| 
   
 | 
 E N Central 
 | 
 24 
 | 
 17 
 | 
 1 
 | 
 829 
 | 
 130 
 | 
 29 
 | 
 19.00% 
 | 
 4.00% 
 | 
   
 | 
 
| 
   
 | 
 W N Central 
 | 
 29 
 | 
 18 
 | 
 5 
 | 
 994 
 | 
 83 
 | 
 27 
 | 
 9.00% 
 | 
 3.00% 
 | 
   
 | 
 
| 
   
 | 
 South Atlantic 
 | 
 73 
 | 
 23 
 | 
 3 
 | 
 1,923 
 | 
 186 
 | 
 -43 
 | 
 11.00% 
 | 
 -2.00% 
 | 
   
 | 
 
| 
   
 | 
 E S Central 
 | 
 63 
 | 
 27 
 | 
 -9 
 | 
 1,692 
 | 
 219 
 | 
 -20 
 | 
 15.00% 
 | 
 -1.00% 
 | 
   
 | 
 
| 
   
 | 
 W S Central 
 | 
 92 
 | 
 27 
 | 
 -5 
 | 
 2,483 
 | 
 233 
 | 
 -69 
 | 
 10.00% 
 | 
 -3.00% 
 | 
   
 | 
 
| 
   
 | 
 Mountain 
 | 
 33 
 | 
 3 
 | 
 -1 
 | 
 1,268 
 | 
 95 
 | 
 -44 
 | 
 8.00% 
 | 
 -3.00% 
 | 
   
 | 
 
| 
   
 | 
 Pacific 
 | 
 30 
 | 
 7 
 | 
 7 
 | 
 720 
 | 
 65 
 | 
 -99 
 | 
 10.00% 
 | 
 -12.00% 
 | 
   
 | 
 
| 
   
 | 
 United States 
 | 
 44 
 | 
 17 
 | 
 3 
 | 
 1,273 
 | 
 141 
 | 
 -41 
 | 
 12.00% 
 | 
 -3.00% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Heating Degree Days 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 09/27/2025 
 | 
 Week Tot 
 | 
 Dev Norm 
 | 
 Dev L YR 
 | 
 Cum Tot 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
   
 | 
 
| 
   
 | 
 New England 
 | 
 28 
 | 
 -25 
 | 
 -13 
 | 
 139 
 | 
 -23 
 | 
 23 
 | 
 -14.00% 
 | 
 20.00% 
 | 
   
 | 
 
| 
   
 | 
 Middle Atlantic 
 | 
 8 
 | 
 -31 
 | 
 -4 
 | 
 56 
 | 
 -49 
 | 
 2 
 | 
 -47.00% 
 | 
 2.00% 
 | 
   
 | 
 
| 
   
 | 
 E N Central 
 | 
 8 
 | 
 -34 
 | 
 -5 
 | 
 116 
 | 
 -17 
 | 
 22 
 | 
 -13.00% 
 | 
 23.00% 
 | 
   
 | 
 
| 
   
 | 
 W N Central 
 | 
 10 
 | 
 -34 
 | 
 -13 
 | 
 97 
 | 
 -63 
 | 
 10 
 | 
 -39.00% 
 | 
 11.00% 
 | 
   
 | 
 
| 
   
 | 
 South Atlantic 
 | 
 0 
 | 
 -11 
 | 
 0 
 | 
 11 
 | 
 -7 
 | 
 0 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 E S Central 
 | 
 0 
 | 
 -14 
 | 
 -1 
 | 
 12 
 | 
 -12 
 | 
 1 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 W S Central 
 | 
 0 
 | 
 -3 
 | 
 -1 
 | 
 3 
 | 
 -4 
 | 
 0 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 Mountain 
 | 
 24 
 | 
 -17 
 | 
 2 
 | 
 61 
 | 
 -101 
 | 
 -1 
 | 
 -62.00% 
 | 
 -2.00% 
 | 
   
 | 
 
| 
   
 | 
 Pacific 
 | 
 8 
 | 
 -11 
 | 
 -1 
 | 
 23 
 | 
 -75 
 | 
 -33 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 United States 
 | 
 7 
 | 
 -19 
 | 
 -3 
 | 
 51 
 | 
 -36 
 | 
 1 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
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 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
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 | 
   
 | 
 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
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 | 
 
 
 
 | 
 
 
 
  
 | 
 Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts 
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| 
 
Weather Forecast & Seasonal Outlook 
 | 
 
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| 
   
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| 
   
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| 
   
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| 
 
Tropical Outlook 
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Campbell Faulkner | OTC Global Holdings 
Quality Data – Reliable Service – Affordable Price 
5151 San Felipe Suite 2200 
Houston, TX 77056  
faulkner.c@otcgh.com 
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