| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Prices as of 9:02 AM CST 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Current Price 
 | 
 Previous Settle 
 | 
 % Change 
 | 
 Change 
 | 
 Volume 
 | 
   
 | 
 
| 
   
 | 
 Natural Gas 
 | 
 $3.052 
 | 
 $3.106 
 | 
 -1.74% 
 | 
 -$0.054 
 | 
 46,756 
 | 
   
 | 
 
| 
   
 | 
 WTI 
 | 
 $59.62 
 | 
 $58.90 
 | 
 1.22% 
 | 
 $0.72 
 | 
 112,577 
 | 
   
 | 
 
| 
   
 | 
 Brent 
 | 
 $63.46 
 | 
 $62.73 
 | 
 1.16% 
 | 
 $0.73 
 | 
 16,472 
 | 
   
 | 
 
| 
   
 | 
 ULSD 
 | 
 $2.246 
 | 
 $2.204 
 | 
 1.90% 
 | 
 $0.042 
 | 
 12,657 
 | 
   
 | 
 
| 
   
 | 
 RBOB 
 | 
 $1.841 
 | 
 $1.820 
 | 
 1.13% 
 | 
 $0.021 
 | 
 12,282 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Spreads 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Current 
 | 
 Previous 
 | 
 % Change 
 | 
 Change 
 | 
 Contract 
 | 
   
 | 
 
| 
   
 | 
 WTI-Brent 
 | 
 $4.28 
 | 
 $4.25 
 | 
 0.71% 
 | 
 $0.03 
 | 
 Dec-25 
 | 
   
 | 
 
| 
   
 | 
 3:2:1 Crack 
 | 
 $22.25 
 | 
 $21.85 
 | 
 1.84% 
 | 
 $0.40 
 | 
 Nov-25 
 | 
   
 | 
 
| 
   
 | 
 PJM West Spark 
 | 
 $41.01 
 | 
 $42.44 
 | 
 -3.35% 
 | 
 -$1.42 
 | 
 Nov-25 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Baker Hughes Rig Count 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Date 
 | 
 Count 
 | 
 Change 
 | 
 1 Year Chg. 
 | 
 1 Year Date 
 | 
   
 | 
 
| 
   
 | 
 U.S. 
 | 
 10/10/25 
 | 
 547 
 | 
 -2 
 | 
 -39 
 | 
 10/11/24 
 | 
   
 | 
 
| 
   
 | 
 Canada 
 | 
 10/10/25 
 | 
 193 
 | 
 3 
 | 
 -26 
 | 
 10/11/24 
 | 
   
 | 
 
| 
   
 | 
 International 
 
 | 
 Sept-2025 
 | 
 1084 
 | 
 8 
 | 
 -72 
 | 
 Sept-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 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 10/02/20 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 9/26/25 
 | 
 9/19/25 
 | 
 Net Change 
 | 
 % Change 
 | 
 9/27/24 
 | 
 % Change 
 | 
 5 Year Avg. 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 East 
 | 
 832 
 | 
 807 
 | 
 25 
 | 
 3.10% 
 | 
 846 
 | 
 -1.65% 
 | 
 830 
 | 
 0.19% 
 | 
   
 | 
 
| 
   
 | 
 Midwest 
 | 
 972 
 | 
 945 
 | 
 27 
 | 
 2.86% 
 | 
 1,013 
 | 
 -4.05% 
 | 
 991 
 | 
 -1.88% 
 | 
   
 | 
 
| 
   
 | 
 Mountain 
 | 
 269 
 | 
 266 
 | 
 3 
 | 
 1.13% 
 | 
 283 
 | 
 -4.95% 
 | 
 230 
 | 
 17.16% 
 | 
   
 | 
 
| 
   
 | 
 Pacific 
 | 
 302 
 | 
 300 
 | 
 2 
 | 
 0.67% 
 | 
 293 
 | 
 3.07% 
 | 
 277 
 | 
 9.10% 
 | 
   
 | 
 
| 
   
 | 
 South 
 | 
 1,186 
 | 
 1,190 
 | 
 -4 
 | 
 -0.34% 
 | 
 1,113 
 | 
 6.56% 
 | 
 1,116 
 | 
 6.23% 
 | 
   
 | 
 
| 
   
 | 
     Salt 
 | 
 292 
 | 
 299 
 | 
 -7 
 | 
 -2.34% 
 | 
 261 
 | 
 11.88% 
 | 
 274 
 | 
 6.57% 
 | 
   
 | 
 
| 
   
 | 
     Non_Salt 
 | 
 894 
 | 
 890 
 | 
 4 
 | 
 0.45% 
 | 
 852 
 | 
 4.93% 
 | 
 842 
 | 
 6.18% 
 | 
   
 | 
 
| 
   
 | 
 Total 
 | 
 3,561 
 | 
 3,508 
 | 
 53 
 | 
 1.51% 
 | 
 3,547 
 | 
 0.39% 
 | 
 3,443 
 | 
 3.42% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
 
 
 | 
 
 
 
  
 | 
 Power Generation Additions/Retirements 
 | 
 
 
 
  
 | 
 | 
 
 
 
  
| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
 Front Month Prices 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Electricity 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/10/25 
 | 
 10/9/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/12/25 
 | 
 % Change 
 | 
 10/10/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 PJM West On Peak 
 | 
 Nov-25 
 | 
 $47.54 
 | 
 $49.08 
 | 
 -3.13% 
 | 
 -$1.54 
 | 
 $47.39 
 | 
 0.31% 
 | 
 $48.61 
 | 
 -2.20% 
 | 
   
 | 
 
| 
   
 | 
 ERCOT North On Peak 
 | 
 Nov-25 
 | 
 $33.96 
 | 
 $35.55 
 | 
 -4.47% 
 | 
 -$1.59 
 | 
 $35.61 
 | 
 -4.62% 
 | 
 $38.98 
 | 
 -12.88% 
 | 
   
 | 
 
| 
   
 | 
 CAISO SP 15 On Peak 
 | 
 Nov-25 
 | 
 $31.29 
 | 
 $32.00 
 | 
 -2.21% 
 | 
 -$0.71 
 | 
 $35.93 
 | 
 -12.90% 
 | 
 $46.70 
 | 
 -32.99% 
 | 
   
 | 
 
| 
   
 | 
 MISO Indiana On Peak 
 | 
 Nov-25 
 | 
 $45.64 
 | 
 $46.85 
 | 
 -2.59% 
 | 
 -$1.21 
 | 
 $44.47 
 | 
 2.63% 
 | 
 $46.61 
 | 
 -2.07% 
 | 
   
 | 
 
| 
   
 | 
 NEISO Mass On Peak 
 | 
 Nov-25 
 | 
 $49.60 
 | 
 $50.87 
 | 
 -2.50% 
 | 
 -$1.27 
 | 
 $54.27 
 | 
 -8.62% 
 | 
 $55.84 
 | 
 -11.17% 
 | 
   
 | 
 
| 
   
 | 
 WECC Mid C On Peak 
 | 
 Nov-25 
 | 
 $42.27 
 | 
 $44.00 
 | 
 -3.93% 
 | 
 -$1.73 
 | 
 $49.80 
 | 
 -15.12% 
 | 
 $71.92 
 | 
 -41.22% 
 | 
   
 | 
 
| 
   
 | 
 NYISO Zone G On Peak 
 | 
 Nov-25 
 | 
 $49.07 
 | 
 $49.27 
 | 
 -0.42% 
 | 
 -$0.21 
 | 
 $50.68 
 | 
 -3.19% 
 | 
 $46.57 
 | 
 5.37% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Natural Gas & Basis 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/10/25 
 | 
 10/9/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/12/25 
 | 
 % Change 
 | 
 10/10/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 NYMEX Henry Hub 
 | 
 Nov-25 
 | 
 $3.106 
 | 
 $3.269 
 | 
 -4.99% 
 | 
 -$0.16 
 | 
 $3.21 
 | 
 -3.15% 
 | 
 $3.62 
 | 
 -14.18% 
 | 
   
 | 
 
| 
   
 | 
 Houston Ship Channel 
 | 
 Nov-25 
 | 
 -$0.474 
 | 
 -$0.449 
 | 
 5.52% 
 | 
 -$0.02 
 | 
 -$0.48 
 | 
 -1.84% 
 | 
 -$0.54 
 | 
 -12.89% 
 | 
   
 | 
 
| 
   
 | 
 Chicago 
 | 
 Nov-25 
 | 
 -$0.296 
 | 
 -$0.266 
 | 
 -10.07% 
 | 
 -$0.03 
 | 
 -$0.21 
 | 
 38.21% 
 | 
 -$0.24 
 | 
 21.87% 
 | 
   
 | 
 
| 
   
 | 
 Waha 
 | 
 Nov-25 
 | 
 -$2.826 
 | 
 -$3.451 
 | 
 -18.09% 
 | 
 $0.62 
 | 
 -$2.83 
 | 
 -0.06% 
 | 
 -$1.55 
 | 
 82.81% 
 | 
   
 | 
 
| 
   
 | 
 Algonquin 
 | 
 Nov-25 
 | 
 $0.513 
 | 
 $0.569 
 | 
 -9.82% 
 | 
 -$0.06 
 | 
 $0.80 
 | 
 -36.21% 
 | 
 $0.94 
 | 
 -45.63% 
 | 
   
 | 
 
| 
   
 | 
 Aeco 
 | 
 Nov-25 
 | 
 -$1.398 
 | 
 -$1.497 
 | 
 -6.57% 
 | 
 $0.10 
 | 
 -$1.21 
 | 
 15.42% 
 | 
 -$1.21 
 | 
 15.32% 
 | 
   
 | 
 
| 
   
 | 
 Socal 
 | 
 Nov-25 
 | 
 -$0.474 
 | 
 -$0.432 
 | 
 9.60% 
 | 
 -$0.04 
 | 
 $0.00 
 | 
 16231.03% 
 | 
 $0.51 
 | 
 -192.10% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Natural Gas Liquids 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/10/25 
 | 
 10/9/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/12/25 
 | 
 % Change 
 | 
 10/10/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Propane LST 
 | 
 Nov-25 
 | 
 $0.670 
 | 
 $0.675 
 | 
 -0.75% 
 | 
 -$0.01 
 | 
 $0.72 
 | 
 -6.78% 
 | 
 $0.76 
 | 
 -11.59% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Propane non LST 
 | 
 Nov-25 
 | 
 $0.642 
 | 
 $0.651 
 | 
 -1.38% 
 | 
 -$0.01 
 | 
 $0.70 
 | 
 -8.49% 
 | 
 $0.74 
 | 
 -13.61% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belview Ethane 
 | 
 Nov-25 
 | 
 $0.272 
 | 
 $0.284 
 | 
 -3.97% 
 | 
 -$0.01 
 | 
 $0.25 
 | 
 10.12% 
 | 
 $0.25 
 | 
 7.90% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belview Nat. Gasoline 
 | 
 Nov-25 
 | 
 $1.225 
 | 
 $1.270 
 | 
 -3.56% 
 | 
 -$0.05 
 | 
 $1.31 
 | 
 -6.79% 
 | 
 $1.46 
 | 
 -16.31% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Butane LST 
 | 
 Nov-25 
 | 
 $0.809 
 | 
 $0.820 
 | 
 -1.36% 
 | 
 -$0.01 
 | 
 $0.88 
 | 
 -8.05% 
 | 
 $0.90 
 | 
 -10.38% 
 | 
   
 | 
 
| 
   
 | 
 Far East Propane 
 | 
 Nov-25 
 | 
 $4.821 
 | 
 $5.000 
 | 
 -3.58% 
 | 
 -$0.18 
 | 
 $5.61 
 | 
 -14.06% 
 | 
 $5.91 
 | 
 -18.40% 
 | 
   
 | 
 
| 
   
 | 
 Saudi Propane 
 | 
 Nov-25 
 | 
 $4.580 
 | 
 $4.740 
 | 
 -3.38% 
 | 
 -$0.16 
 | 
 $5.60 
 | 
 -18.21% 
 | 
 $5.49 
 | 
 -16.63% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Crude Oil 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/10/25 
 | 
 10/9/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/12/25 
 | 
 % Change 
 | 
 10/10/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 WTI 
 | 
 Nov-25 
 | 
 $58.90 
 | 
 $61.51 
 | 
 -4.43% 
 | 
 -$2.61 
 | 
 $62.42 
 | 
 -5.64% 
 | 
 $70.98 
 | 
 -17.02% 
 | 
   
 | 
 
| 
   
 | 
 Brent 
 | 
 Nov-25 
 | 
 $62.91 
 | 
 $65.42 
 | 
 -3.99% 
 | 
 -$2.51 
 | 
 $66.99 
 | 
 -6.09% 
 | 
 $75.63 
 | 
 -16.82% 
 | 
   
 | 
 
| 
   
 | 
 WCS 
 | 
 Nov-25 
 | 
 -$11.35 
 | 
 -$11.39 
 | 
 -0.38% 
 | 
 $0.04 
 | 
 -$12.01 
 | 
 -5.49% 
 | 
 -$16.12 
 | 
 -29.59% 
 | 
   
 | 
 
| 
   
 | 
 LLS 
 | 
 Nov-25 
 | 
 $61.86 
 | 
 $62.38 
 | 
 -0.83% 
 | 
 -$0.51 
 | 
 $64.61 
 | 
 -4.25% 
 | 
 $74.01 
 | 
 -16.41% 
 | 
   
 | 
 
| 
   
 | 
 Mars 
 | 
 Nov-25 
 | 
 $57.53 
 | 
 $60.17 
 | 
 -4.59% 
 | 
 -$2.64 
 | 
 $61.79 
 | 
 -6.89% 
 | 
 $69.50 
 | 
 -17.22% 
 | 
   
 | 
 
| 
   
 | 
 Sour 
 | 
 Nov-25 
 | 
 $60.56 
 | 
 $60.71 
 | 
 -0.24% 
 | 
 -$0.15 
 | 
 $63.07 
 | 
 -3.98% 
 | 
 $71.06 
 | 
 -14.78% 
 | 
   
 | 
 
| 
   
 | 
 ESPO 
 | 
 Nov-25 
 | 
 $60.91 
 | 
 $63.42 
 | 
 -4.12% 
 | 
 -$2.51 
 | 
 $64.99 
 | 
 -6.28% 
 | 
 $73.63 
 | 
 -17.27% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Refined Products 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/10/25 
 | 
 10/9/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/12/25 
 | 
 % Change 
 | 
 10/10/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 NY Heating Oil 
 | 
 Nov-25 
 | 
 $2.20 
 | 
 $2.28 
 | 
 -3.55% 
 | 
 -$0.08 
 | 
 $2.28 
 | 
 -3.55% 
 | 
 $2.35 
 | 
 -6.14% 
 | 
   
 | 
 
| 
   
 | 
 NY Gasoline 
 | 
 Nov-25 
 | 
 $1.82 
 | 
 $1.90 
 | 
 -4.26% 
 | 
 -$0.08 
 | 
 $1.93 
 | 
 -5.75% 
 | 
 $2.06 
 | 
 -11.53% 
 | 
   
 | 
 
| 
   
 | 
 GC Gasoline 
 | 
 Nov-25 
 | 
 $1.68 
 | 
 $1.76 
 | 
 -4.60% 
 | 
 -$0.08 
 | 
 $1.79 
 | 
 -6.20% 
 | 
 $1.96 
 | 
 -14.16% 
 | 
   
 | 
 
| 
   
 | 
 GC Jet 
 | 
 Nov-25 
 | 
 $2.07 
 | 
 $2.08 
 | 
 -0.53% 
 | 
 -$0.01 
 | 
 $2.03 
 | 
 2.07% 
 | 
 $2.24 
 | 
 -7.51% 
 | 
   
 | 
 
| 
   
 | 
 Chicago Ethanol 
 | 
 Nov-25 
 | 
 $1.77 
 | 
 $1.75 
 | 
 1.43% 
 | 
 $0.02 
 | 
 $1.86 
 | 
 -4.31% 
 | 
 $1.58 
 | 
 12.70% 
 | 
   
 | 
 
| 
   
 | 
 Rotterdam Gasoil 
 | 
 Nov-25 
 | 
 $577.86 
 | 
 $597.69 
 | 
 -3.32% 
 | 
 -$19.83 
 | 
 $612.23 
 | 
 -5.61% 
 | 
 $650.69 
 | 
 -11.19% 
 | 
   
 | 
 
| 
   
 | 
 Singapore Jet Kero 
 | 
 Nov-25 
 | 
 $84.80 
 | 
 $86.19 
 | 
 -1.61% 
 | 
 -$1.39 
 | 
 $84.21 
 | 
 0.70% 
 | 
 $90.44 
 | 
 -6.24% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Implied Volatilities 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/10/25 
 | 
 10/9/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/12/25 
 | 
 % Change 
 | 
 10/10/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Henry Hub Straddle 
 | 
 Nov-25 
 | 
 59.79% 
 | 
 59.68% 
 | 
 0.18% 
 | 
 0.11% 
 | 
 54.76% 
 | 
 9.19% 
 | 
 40.51% 
 | 
 47.59% 
 | 
   
 | 
 
| 
   
 | 
 Algonquin Straddle 
 | 
 Nov-25 
 | 
 67.82% 
 | 
 68.51% 
 | 
 -1.01% 
 | 
 -0.69% 
 | 
 62.64% 
 | 
 8.27% 
 | 
 48.22% 
 | 
 40.65% 
 | 
   
 | 
 
| 
   
 | 
 Waha Straddle 
 | 
 Nov-25 
 | 
 1249.67% 
 | 
 1270.51% 
 | 
 -1.64% 
 | 
 -20.84% 
 | 
 243.40% 
 | 
 413.42% 
 | 
 51.02% 
 | 
 2349.37% 
 | 
   
 | 
 
| 
   
 | 
 Chicago Straddle 
 | 
 Nov-25 
 | 
 64.11% 
 | 
 62.79% 
 | 
 2.10% 
 | 
 1.32% 
 | 
 55.64% 
 | 
 15.22% 
 | 
 43.41% 
 | 
 47.68% 
 | 
   
 | 
 
| 
   
 | 
 PJM West Straddle 
 | 
 Nov-25 
 | 
 44.72% 
 | 
 43.50% 
 | 
 2.80% 
 | 
 1.22% 
 | 
 35.26% 
 | 
 26.83% 
 | 
 41.45% 
 | 
 7.89% 
 | 
   
 | 
 
| 
   
 | 
 SP – 15 Straddle 
 | 
 Nov-25 
 | 
 255.73% 
 | 
 250.81% 
 | 
 1.96% 
 | 
 4.92% 
 | 
 324.90% 
 | 
 -21.29% 
 | 
 51.91% 
 | 
 392.64% 
 | 
   
 | 
 
| 
   
 | 
 Mid. C Straddle 
 | 
 Nov-25 
 | 
 35.53% 
 | 
 34.04% 
 | 
 4.38% 
 | 
 1.49% 
 | 
 52.98% 
 | 
 -32.94% 
 | 
 62.78% 
 | 
 -43.41% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Euro Gas and Power/LNG 
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/10/25 
 | 
 10/9/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/12/25 
 | 
 % Change 
 | 
 10/10/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Dutch TTF 
 | 
 Nov-25 
 | 
 EUR 31.90 
 | 
 EUR 32.46 
 | 
 -1.71% 
 | 
 -EUR 0.56 
 | 
 EUR 33.34 
 | 
 -4.30% 
 | 
 EUR 39.50 
 | 
 -19.23% 
 | 
   
 | 
 
| 
   
 | 
 NBP 
 | 
 Nov-25 
 | 
 GBP 81.58 
 | 
 GBP 83.22 
 | 
 -1.96% 
 | 
 -GBP 1.63 
 | 
 GBP 84.62 
 | 
 -3.58% 
 | 
 GBP 100.18 
 | 
 -18.56% 
 | 
   
 | 
 
| 
   
 | 
 German Base 
 | 
 Nov-25 
 | 
 EUR 97.69 
 | 
 EUR 98.20 
 | 
 -0.52% 
 | 
 -EUR 0.51 
 | 
 EUR 96.29 
 | 
 1.45% 
 | 
 EUR 93.10 
 | 
 4.92% 
 | 
   
 | 
 
| 
   
 | 
 UK Base 
 | 
 Nov-25 
 | 
 GBP 83.11 
 | 
 GBP 82.60 
 | 
 0.62% 
 | 
 GBP 0.51 
 | 
 GBP 83.96 
 | 
 -1.01% 
 | 
 GBP 84.10 
 | 
 -1.18% 
 | 
   
 | 
 
| 
   
 | 
 French Base 
 | 
 Nov-25 
 | 
 EUR 73.13 
 | 
 EUR 71.64 
 | 
 2.08% 
 | 
 EUR 1.49 
 | 
 EUR 72.18 
 | 
 1.31% 
 | 
 EUR 84.19 
 | 
 -13.14% 
 | 
   
 | 
 
| 
   
 | 
 Italian Base 
 | 
 Nov-25 
 | 
 EUR 110.35 
 | 
 EUR 110.57 
 | 
 -0.20% 
 | 
 -EUR 0.22 
 | 
 EUR 111.24 
 | 
 -0.81% 
 | 
 EUR 115.50 
 | 
 -4.46% 
 | 
   
 | 
 
| 
   
 | 
 JKM LNG 
 | 
 Nov-25 
 | 
 $10.81 
 | 
 $10.95 
 | 
 -1.24% 
 | 
 -$0.14 
 | 
 $11.55 
 | 
 -6.36% 
 | 
 $13.55 
 | 
 -20.20% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Freight Forwards (WET & DRY) 
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/10/25 
 | 
 10/9/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/12/25 
 | 
 % Change 
 | 
 10/10/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 TD3C FFA Middle East to China (WET) 
 | 
 Nov-25 
 | 
 $31.90 
 | 
 $32.46 
 | 
 -1.71% 
 | 
 -$0.56 
 | 
 $33.34 
 | 
 -4.30% 
 | 
 $39.50 
 | 
 -19.23% 
 | 
   
 | 
 
| 
   
 | 
 USGC-UK Continent Dirty (WET) 
 | 
 Nov-25 
 | 
 $81.58 
 | 
 $83.22 
 | 
 -1.96% 
 | 
 -$1.63 
 | 
 $84.62 
 | 
 -3.58% 
 | 
 $100.18 
 | 
 -18.56% 
 | 
   
 | 
 
| 
   
 | 
 TD20 West Africa to UK Continent (WET) 
 | 
 Nov-25 
 | 
 $97.69 
 | 
 $98.20 
 | 
 -0.52% 
 | 
 -$0.51 
 | 
 $96.29 
 | 
 1.45% 
 | 
 $93.10 
 | 
 4.92% 
 | 
   
 | 
 
| 
   
 | 
 LPG FFA Middle East Gulf to East (WET) 
 | 
 Nov-25 
 | 
 $83.11 
 | 
 $82.60 
 | 
 0.62% 
 | 
 $0.51 
 | 
 $83.96 
 | 
 -1.01% 
 | 
 $84.10 
 | 
 -1.18% 
 | 
   
 | 
 
| 
   
 | 
 TC5 FFA Arabian Gulf to Japan (WET) 
 | 
 Nov-25 
 | 
 $73.13 
 | 
 $71.64 
 | 
 2.08% 
 | 
 $1.49 
 | 
 $72.18 
 | 
 1.31% 
 | 
 $84.19 
 | 
 -13.14% 
 | 
   
 | 
 
| 
   
 | 
 Supramax Timecharter (DRY) 
 | 
 Nov-25 
 | 
 $110.35 
 | 
 $110.57 
 | 
 -0.20% 
 | 
 -$0.22 
 | 
 $111.24 
 | 
 -0.81% 
 | 
 $115.50 
 | 
 -4.46% 
 | 
   
 | 
 
| 
   
 | 
 Capesize Timecharter (DRY) 
 | 
 Nov-25 
 | 
 $10.81 
 | 
 $10.95 
 | 
 -1.24% 
 | 
 -$0.14 
 | 
 $11.55 
 | 
 -6.36% 
 | 
 $13.55 
 | 
 -20.20% 
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
 
 
 | 
 
 
 
  
| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Cooling Degree Days 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 10/11/2025 
 | 
 Week Tot 
 | 
 Dev Norm 
 | 
 Dev L YR 
 | 
 Cum Tot 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
   
 | 
 
| 
   
 | 
 New England 
 | 
 3 
 | 
 3 
 | 
 3 
 | 
 549 
 | 
 132 
 | 
 -40 
 | 
 32.00% 
 | 
 -7.00% 
 | 
   
 | 
 
| 
   
 | 
 Middle Atlantic 
 | 
 5 
 | 
 3 
 | 
 5 
 | 
 801 
 | 
 146 
 | 
 -60 
 | 
 22.00% 
 | 
 -7.00% 
 | 
   
 | 
 
| 
   
 | 
 E N Central 
 | 
 9 
 | 
 6 
 | 
 7 
 | 
 862 
 | 
 156 
 | 
 51 
 | 
 22.00% 
 | 
 6.00% 
 | 
   
 | 
 
| 
   
 | 
 W N Central 
 | 
 9 
 | 
 5 
 | 
 2 
 | 
 1,045 
 | 
 121 
 | 
 55 
 | 
 13.00% 
 | 
 6.00% 
 | 
   
 | 
 
| 
   
 | 
 South Atlantic 
 | 
 40 
 | 
 6 
 | 
 -1 
 | 
 2,009 
 | 
 196 
 | 
 -63 
 | 
 11.00% 
 | 
 -3.00% 
 | 
   
 | 
 
| 
   
 | 
 E S Central 
 | 
 28 
 | 
 10 
 | 
 -2 
 | 
 1,767 
 | 
 249 
 | 
 -11 
 | 
 16.00% 
 | 
 -1.00% 
 | 
   
 | 
 
| 
   
 | 
 W S Central 
 | 
 76 
 | 
 36 
 | 
 8 
 | 
 2,634 
 | 
 292 
 | 
 -54 
 | 
 12.00% 
 | 
 -2.00% 
 | 
   
 | 
 
| 
   
 | 
 Mountain 
 | 
 17 
 | 
 -1 
 | 
 -27 
 | 
 1,306 
 | 
 90 
 | 
 -105 
 | 
 7.00% 
 | 
 -7.00% 
 | 
   
 | 
 
| 
   
 | 
 Pacific 
 | 
 1 
 | 
 -12 
 | 
 -45 
 | 
 723 
 | 
 38 
 | 
 -186 
 | 
 6.00% 
 | 
 -20.00% 
 | 
   
 | 
 
| 
   
 | 
 United States 
 | 
 22 
 | 
 6 
 | 
 -6 
 | 
 1,324 
 | 
 155 
 | 
 -52 
 | 
 13.00% 
 | 
 -4.00% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Heating Degree Days 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 10/11/2025 
 | 
 Week Tot 
 | 
 Dev Norm 
 | 
 Dev L YR 
 | 
 Cum Tot 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
   
 | 
 
| 
   
 | 
 New England 
 | 
 57 
 | 
 -31 
 | 
 -14 
 | 
 239 
 | 
 -81 
 | 
 8 
 | 
 -25.00% 
 | 
 3.00% 
 | 
   
 | 
 
| 
   
 | 
 Middle Atlantic 
 | 
 47 
 | 
 -25 
 | 
 -2 
 | 
 128 
 | 
 -104 
 | 
 -2 
 | 
 -45.00% 
 | 
 -2.00% 
 | 
   
 | 
 
| 
   
 | 
 E N Central 
 | 
 51 
 | 
 -24 
 | 
 -2 
 | 
 176 
 | 
 -89 
 | 
 3 
 | 
 -34.00% 
 | 
 2.00% 
 | 
   
 | 
 
| 
   
 | 
 W N Central 
 | 
 49 
 | 
 -23 
 | 
 4 
 | 
 150 
 | 
 -139 
 | 
 -9 
 | 
 -48.00% 
 | 
 -6.00% 
 | 
   
 | 
 
| 
   
 | 
 South Atlantic 
 | 
 16 
 | 
 -10 
 | 
 3 
 | 
 34 
 | 
 -29 
 | 
 5 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 E S Central 
 | 
 15 
 | 
 -19 
 | 
 2 
 | 
 30 
 | 
 -51 
 | 
 -4 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 W S Central 
 | 
 1 
 | 
 -8 
 | 
 0 
 | 
 4 
 | 
 -17 
 | 
 -1 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 Mountain 
 | 
 48 
 | 
 -15 
 | 
 25 
 | 
 133 
 | 
 -143 
 | 
 28 
 | 
 -52.00% 
 | 
 27.00% 
 | 
   
 | 
 
| 
   
 | 
 Pacific 
 | 
 21 
 | 
 -9 
 | 
 6 
 | 
 66 
 | 
 -87 
 | 
 -22 
 | 
 -57.00% 
 | 
 -24.00% 
 | 
   
 | 
 
| 
   
 | 
 United States 
 | 
 31 
 | 
 -17 
 | 
 2 
 | 
 96 
 | 
 -75 
 | 
 -1 
 | 
 -44.00% 
 | 
 -1.00% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
 
 
 | 
 
 
 
  
 | 
 Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts 
 | 
 
 
 
  
  
  
  
  
| 
 
Weather Forecast & Seasonal Outlook 
 | 
 
| 
   
 | 
   
 | 
 | 
 
| 
   
 | 
   
 | 
 | 
 
| 
   
 | 
   
 | 
 | 
 
| 
   
 | 
   
 | 
 | 
 
| 
   
 | 
   
 | 
 | 
 
| 
   
 | 
   
 | 
 | 
 
 
 
  
 | 
 
 
 
 |