| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Prices as of 8:17 AM CST 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Current Price 
 | 
 Previous Settle 
 | 
 % Change 
 | 
 Change 
 | 
 Volume 
 | 
   
 | 
 
| 
   
 | 
 Natural Gas 
 | 
 $3.043 
 | 
 $3.118 
 | 
 -2.41% 
 | 
 -$0.075 
 | 
 34,318 
 | 
   
 | 
 
| 
   
 | 
 WTI 
 | 
 $58.11 
 | 
 $59.49 
 | 
 -2.32% 
 | 
 -$1.38 
 | 
 83,527 
 | 
   
 | 
 
| 
   
 | 
 Brent 
 | 
 $61.91 
 | 
 $63.32 
 | 
 -2.23% 
 | 
 -$1.41 
 | 
 20,357 
 | 
   
 | 
 
| 
   
 | 
 ULSD 
 | 
 $2.201 
 | 
 $2.250 
 | 
 -2.18% 
 | 
 -$0.049 
 | 
 10,588 
 | 
   
 | 
 
| 
   
 | 
 RBOB 
 | 
 $1.821 
 | 
 $1.844 
 | 
 -1.24% 
 | 
 -$0.023 
 | 
 9,067 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Spreads 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Current 
 | 
 Previous 
 | 
 % Change 
 | 
 Change 
 | 
 Contract 
 | 
   
 | 
 
| 
   
 | 
 WTI-Brent 
 | 
 $4.18 
 | 
 $4.25 
 | 
 -1.65% 
 | 
 -$0.07 
 | 
 Dec-25 
 | 
   
 | 
 
| 
   
 | 
 3:2:1 Crack 
 | 
 $22.31 
 | 
 $22.40 
 | 
 -0.40% 
 | 
 -$0.09 
 | 
 Nov-25 
 | 
   
 | 
 
| 
   
 | 
 PJM West Spark 
 | 
 $42.93 
 | 
 $40.87 
 | 
 5.03% 
 | 
 $2.05 
 | 
 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 
 | 
 10/13/25 
 | 
 10/10/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/15/25 
 | 
 % Change 
 | 
 10/11/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 PJM West On Peak 
 | 
 Nov-25 
 | 
 $49.45 
 | 
 $47.54 
 | 
 4.02% 
 | 
 $1.91 
 | 
 $48.61 
 | 
 1.73% 
 | 
 $48.59 
 | 
 1.77% 
 | 
   
 | 
 
| 
   
 | 
 ERCOT North On Peak 
 | 
 Nov-25 
 | 
 $35.46 
 | 
 $33.96 
 | 
 4.41% 
 | 
 $1.50 
 | 
 $36.14 
 | 
 -1.89% 
 | 
 $40.07 
 | 
 -11.50% 
 | 
   
 | 
 
| 
   
 | 
 CAISO SP 15 On Peak 
 | 
 Nov-25 
 | 
 $32.20 
 | 
 $31.29 
 | 
 2.89% 
 | 
 $0.90 
 | 
 $35.88 
 | 
 -10.26% 
 | 
 $46.62 
 | 
 -30.94% 
 | 
   
 | 
 
| 
   
 | 
 MISO Indiana On Peak 
 | 
 Nov-25 
 | 
 $47.46 
 | 
 $45.64 
 | 
 3.97% 
 | 
 $1.81 
 | 
 $44.45 
 | 
 6.76% 
 | 
 $46.84 
 | 
 1.32% 
 | 
   
 | 
 
| 
   
 | 
 NEISO Mass On Peak 
 | 
 Nov-25 
 | 
 $51.25 
 | 
 $49.60 
 | 
 3.34% 
 | 
 $1.66 
 | 
 $53.43 
 | 
 -4.07% 
 | 
 $60.10 
 | 
 -14.71% 
 | 
   
 | 
 
| 
   
 | 
 WECC Mid C On Peak 
 | 
 Nov-25 
 | 
 $44.00 
 | 
 $42.27 
 | 
 4.09% 
 | 
 $1.73 
 | 
 $52.35 
 | 
 -15.96% 
 | 
 $70.11 
 | 
 -37.24% 
 | 
   
 | 
 
| 
   
 | 
 NYISO Zone G On Peak 
 | 
 Nov-25 
 | 
 $49.80 
 | 
 $49.07 
 | 
 1.50% 
 | 
 $0.74 
 | 
 $49.73 
 | 
 0.15% 
 | 
 $50.05 
 | 
 -0.49% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Natural Gas & Basis 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/13/25 
 | 
 10/10/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/15/25 
 | 
 % Change 
 | 
 10/11/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 NYMEX Henry Hub 
 | 
 Nov-25 
 | 
 $3.118 
 | 
 $3.106 
 | 
 0.39% 
 | 
 $0.01 
 | 
 $3.30 
 | 
 -5.52% 
 | 
 $3.58 
 | 
 -12.86% 
 | 
   
 | 
 
| 
   
 | 
 Houston Ship Channel 
 | 
 Nov-25 
 | 
 -$0.480 
 | 
 -$0.474 
 | 
 1.16% 
 | 
 -$0.01 
 | 
 -$0.49 
 | 
 -1.32% 
 | 
 -$0.55 
 | 
 -12.92% 
 | 
   
 | 
 
| 
   
 | 
 Chicago 
 | 
 Nov-25 
 | 
 -$0.255 
 | 
 -$0.296 
 | 
 15.95% 
 | 
 $0.04 
 | 
 -$0.21 
 | 
 20.55% 
 | 
 -$0.24 
 | 
 6.20% 
 | 
   
 | 
 
| 
   
 | 
 Waha 
 | 
 Nov-25 
 | 
 -$2.556 
 | 
 -$2.826 
 | 
 -9.55% 
 | 
 $0.27 
 | 
 -$3.07 
 | 
 -16.69% 
 | 
 -$1.59 
 | 
 60.97% 
 | 
   
 | 
 
| 
   
 | 
 Algonquin 
 | 
 Nov-25 
 | 
 $0.494 
 | 
 $0.513 
 | 
 -3.72% 
 | 
 -$0.02 
 | 
 $0.83 
 | 
 -40.82% 
 | 
 $0.90 
 | 
 -45.17% 
 | 
   
 | 
 
| 
   
 | 
 Aeco 
 | 
 Nov-25 
 | 
 -$1.338 
 | 
 -$1.398 
 | 
 -4.34% 
 | 
 $0.06 
 | 
 -$1.26 
 | 
 6.26% 
 | 
 -$1.22 
 | 
 9.69% 
 | 
   
 | 
 
| 
   
 | 
 Socal 
 | 
 Nov-25 
 | 
 -$0.415 
 | 
 -$0.474 
 | 
 -12.35% 
 | 
 $0.06 
 | 
 -$0.03 
 | 
 1117.30% 
 | 
 $0.53 
 | 
 -177.78% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Natural Gas Liquids 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/13/25 
 | 
 10/10/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/15/25 
 | 
 % Change 
 | 
 10/11/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Propane LST 
 | 
 Nov-25 
 | 
 $0.622 
 | 
 $0.670 
 | 
 -7.11% 
 | 
 -$0.05 
 | 
 $0.73 
 | 
 -14.30% 
 | 
 $0.76 
 | 
 -17.84% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Propane non LST 
 | 
 Nov-25 
 | 
 $0.613 
 | 
 $0.642 
 | 
 -4.60% 
 | 
 -$0.03 
 | 
 $0.72 
 | 
 -14.69% 
 | 
 $0.76 
 | 
 -18.99% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belview Ethane 
 | 
 Nov-25 
 | 
 $0.257 
 | 
 $0.272 
 | 
 -5.53% 
 | 
 -$0.02 
 | 
 $0.25 
 | 
 2.96% 
 | 
 $0.26 
 | 
 -0.29% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belview Nat. Gasoline 
 | 
 Nov-25 
 | 
 $1.233 
 | 
 $1.225 
 | 
 0.63% 
 | 
 $0.01 
 | 
 $1.33 
 | 
 -7.18% 
 | 
 $1.47 
 | 
 -16.34% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Butane LST 
 | 
 Nov-25 
 | 
 $0.772 
 | 
 $0.809 
 | 
 -4.63% 
 | 
 -$0.04 
 | 
 $0.88 
 | 
 -12.80% 
 | 
 $0.91 
 | 
 -15.54% 
 | 
   
 | 
 
| 
   
 | 
 Far East Propane 
 | 
 Nov-25 
 | 
 $4.680 
 | 
 $4.821 
 | 
 -2.93% 
 | 
 -$0.14 
 | 
 $5.62 
 | 
 -16.72% 
 | 
 $5.89 
 | 
 -20.59% 
 | 
   
 | 
 
| 
   
 | 
 Saudi Propane 
 | 
 Nov-25 
 | 
 $4.525 
 | 
 $4.580 
 | 
 -1.20% 
 | 
 -$0.05 
 | 
 $5.59 
 | 
 -19.05% 
 | 
 $5.43 
 | 
 -16.72% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Crude Oil 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/13/25 
 | 
 10/10/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/15/25 
 | 
 % Change 
 | 
 10/11/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 WTI 
 | 
 Dec-25 
 | 
 $59.07 
 | 
 $58.48 
 | 
 1.00% 
 | 
 $0.59 
 | 
 $62.76 
 | 
 -5.88% 
 | 
 $70.78 
 | 
 -16.54% 
 | 
   
 | 
 
| 
   
 | 
 Brent 
 | 
 Dec-25 
 | 
 $63.32 
 | 
 $62.73 
 | 
 0.93% 
 | 
 $0.59 
 | 
 $67.04 
 | 
 -5.55% 
 | 
 $75.43 
 | 
 -16.05% 
 | 
   
 | 
 
| 
   
 | 
 WCS 
 | 
 Dec-25 
 | 
 -$11.70 
 | 
 -$12.18 
 | 
 -4.10% 
 | 
 $0.48 
 | 
 -$12.40 
 | 
 -5.68% 
 | 
 -$15.91 
 | 
 -26.47% 
 | 
   
 | 
 
| 
   
 | 
 LLS 
 | 
 Dec-25 
 | 
 $61.72 
 | 
 $61.60 
 | 
 0.19% 
 | 
 $0.12 
 | 
 $64.55 
 | 
 -4.39% 
 | 
 $72.96 
 | 
 -15.41% 
 | 
   
 | 
 
| 
   
 | 
 Mars 
 | 
 Dec-25 
 | 
 $57.97 
 | 
 $57.29 
 | 
 1.17% 
 | 
 $0.68 
 | 
 $62.07 
 | 
 -6.60% 
 | 
 $69.20 
 | 
 -16.22% 
 | 
   
 | 
 
| 
   
 | 
 Sour 
 | 
 Dec-25 
 | 
 $59.64 
 | 
 $59.69 
 | 
 -0.08% 
 | 
 -$0.05 
 | 
 $62.81 
 | 
 -5.04% 
 | 
 $70.86 
 | 
 -15.84% 
 | 
   
 | 
 
| 
   
 | 
 ESPO 
 | 
 Dec-25 
 | 
 $61.32 
 | 
 $60.73 
 | 
 0.96% 
 | 
 $0.59 
 | 
 $65.04 
 | 
 -5.72% 
 | 
 $73.43 
 | 
 -16.49% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Refined Products 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/13/25 
 | 
 10/10/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/15/25 
 | 
 % Change 
 | 
 10/11/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 NY Heating Oil 
 | 
 Nov-25 
 | 
 $2.26 
 | 
 $2.20 
 | 
 2.50% 
 | 
 $0.06 
 | 
 $2.33 
 | 
 -2.92% 
 | 
 $2.36 
 | 
 -4.53% 
 | 
   
 | 
 
| 
   
 | 
 NY Gasoline 
 | 
 Nov-25 
 | 
 $1.85 
 | 
 $1.82 
 | 
 1.65% 
 | 
 $0.03 
 | 
 $1.95 
 | 
 -5.18% 
 | 
 $2.02 
 | 
 -8.60% 
 | 
   
 | 
 
| 
   
 | 
 GC Gasoline 
 | 
 Nov-25 
 | 
 $1.71 
 | 
 $1.68 
 | 
 1.79% 
 | 
 $0.03 
 | 
 $1.81 
 | 
 -5.58% 
 | 
 $1.92 
 | 
 -11.13% 
 | 
   
 | 
 
| 
   
 | 
 GC Jet 
 | 
 Nov-25 
 | 
 $1.98 
 | 
 $2.07 
 | 
 -4.54% 
 | 
 -$0.09 
 | 
 $2.06 
 | 
 -4.12% 
 | 
 $2.21 
 | 
 -10.67% 
 | 
   
 | 
 
| 
   
 | 
 Chicago Ethanol 
 | 
 Nov-25 
 | 
 $1.75 
 | 
 $1.77 
 | 
 -1.13% 
 | 
 -$0.02 
 | 
 $1.87 
 | 
 -5.90% 
 | 
 $1.58 
 | 
 11.43% 
 | 
   
 | 
 
| 
   
 | 
 Rotterdam Gasoil 
 | 
 Nov-25 
 | 
 $582.73 
 | 
 $577.86 
 | 
 0.84% 
 | 
 $4.87 
 | 
 $614.97 
 | 
 -5.24% 
 | 
 $659.48 
 | 
 -11.64% 
 | 
   
 | 
 
| 
   
 | 
 Singapore Jet Kero 
 | 
 Nov-25 
 | 
 $85.17 
 | 
 $84.80 
 | 
 0.43% 
 | 
 $0.37 
 | 
 $85.20 
 | 
 -0.04% 
 | 
 $91.60 
 | 
 -7.02% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Implied Volatilities 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/13/25 
 | 
 10/10/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/15/25 
 | 
 % Change 
 | 
 10/11/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Henry Hub Straddle 
 | 
 Nov-25 
 | 
 61.21% 
 | 
 59.79% 
 | 
 2.37% 
 | 
 1.42% 
 | 
 52.82% 
 | 
 15.88% 
 | 
 41.39% 
 | 
 47.89% 
 | 
   
 | 
 
| 
   
 | 
 Algonquin Straddle 
 | 
 Nov-25 
 | 
 70.41% 
 | 
 67.82% 
 | 
 3.82% 
 | 
 2.59% 
 | 
 61.27% 
 | 
 14.92% 
 | 
 0.00% 
 | 
 #DIV/0! 
 | 
   
 | 
 
| 
   
 | 
 Waha Straddle 
 | 
 Nov-25 
 | 
 1237.46% 
 | 
 1249.67% 
 | 
 -0.98% 
 | 
 -12.21% 
 | 
 317.12% 
 | 
 290.22% 
 | 
 0.00% 
 | 
 #DIV/0! 
 | 
   
 | 
 
| 
   
 | 
 Chicago Straddle 
 | 
 Nov-25 
 | 
 67.70% 
 | 
 64.11% 
 | 
 5.60% 
 | 
 3.59% 
 | 
 54.44% 
 | 
 24.36% 
 | 
 0.00% 
 | 
 #DIV/0! 
 | 
   
 | 
 
| 
   
 | 
 PJM West Straddle 
 | 
 Nov-25 
 | 
 46.97% 
 | 
 44.72% 
 | 
 5.03% 
 | 
 2.25% 
 | 
 37.41% 
 | 
 25.55% 
 | 
 41.27% 
 | 
 13.81% 
 | 
   
 | 
 
| 
   
 | 
 SP – 15 Straddle 
 | 
 Nov-25 
 | 
 260.76% 
 | 
 255.73% 
 | 
 1.97% 
 | 
 5.03% 
 | 
 333.16% 
 | 
 -21.73% 
 | 
 52.00% 
 | 
 401.46% 
 | 
   
 | 
 
| 
   
 | 
 Mid. C Straddle 
 | 
 Nov-25 
 | 
 37.46% 
 | 
 35.53% 
 | 
 5.43% 
 | 
 1.93% 
 | 
 38.98% 
 | 
 -3.90% 
 | 
 63.18% 
 | 
 -40.71% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Euro Gas and Power/LNG 
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/13/25 
 | 
 10/10/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/15/25 
 | 
 % Change 
 | 
 10/11/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Dutch TTF 
 | 
 Nov-25 
 | 
 EUR 31.91 
 | 
 EUR 31.90 
 | 
 0.00% 
 | 
 EUR 0.00 
 | 
 EUR 32.82 
 | 
 -2.78% 
 | 
 EUR 39.60 
 | 
 -19.43% 
 | 
   
 | 
 
| 
   
 | 
 NBP 
 | 
 Nov-25 
 | 
 GBP 80.04 
 | 
 GBP 81.58 
 | 
 -1.89% 
 | 
 -GBP 1.54 
 | 
 GBP 83.33 
 | 
 -3.94% 
 | 
 GBP 100.40 
 | 
 -20.28% 
 | 
   
 | 
 
| 
   
 | 
 German Base 
 | 
 Nov-25 
 | 
 EUR 96.95 
 | 
 EUR 97.69 
 | 
 -0.76% 
 | 
 -EUR 0.74 
 | 
 EUR 96.36 
 | 
 0.61% 
 | 
 EUR 94.57 
 | 
 2.52% 
 | 
   
 | 
 
| 
   
 | 
 UK Base 
 | 
 Nov-25 
 | 
 GBP 80.98 
 | 
 GBP 83.11 
 | 
 -2.56% 
 | 
 -GBP 2.13 
 | 
 GBP 84.24 
 | 
 -3.87% 
 | 
 GBP 85.10 
 | 
 -4.84% 
 | 
   
 | 
 
| 
   
 | 
 French Base 
 | 
 Nov-25 
 | 
 EUR 73.28 
 | 
 EUR 73.13 
 | 
 0.21% 
 | 
 EUR 0.15 
 | 
 EUR 69.85 
 | 
 4.92% 
 | 
 EUR 83.50 
 | 
 -12.23% 
 | 
   
 | 
 
| 
   
 | 
 Italian Base 
 | 
 Nov-25 
 | 
 EUR 108.91 
 | 
 EUR 110.35 
 | 
 -1.30% 
 | 
 -EUR 1.43 
 | 
 EUR 111.20 
 | 
 -2.06% 
 | 
 EUR 114.97 
 | 
 -5.26% 
 | 
   
 | 
 
| 
   
 | 
 JKM LNG 
 | 
 Nov-25 
 | 
 $10.81 
 | 
 $10.81 
 | 
 -0.02% 
 | 
 $0.00 
 | 
 $11.32 
 | 
 -4.51% 
 | 
 $13.35 
 | 
 -18.99% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Freight Forwards (WET & DRY) 
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 10/13/25 
 | 
 10/10/25 
 | 
 % Change 
 | 
 Change 
 | 
 9/15/25 
 | 
 % Change 
 | 
 10/11/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 TD3C FFA Middle East to China (WET) 
 | 
 Nov-25 
 | 
 $31.91 
 | 
 $31.90 
 | 
 0.00% 
 | 
 $0.00 
 | 
 $32.82 
 | 
 -2.78% 
 | 
 $39.60 
 | 
 -19.43% 
 | 
   
 | 
 
| 
   
 | 
 USGC-UK Continent Dirty (WET) 
 | 
 Nov-25 
 | 
 $80.04 
 | 
 $81.58 
 | 
 -1.89% 
 | 
 -$1.54 
 | 
 $83.33 
 | 
 -3.94% 
 | 
 $100.40 
 | 
 -20.28% 
 | 
   
 | 
 
| 
   
 | 
 TD20 West Africa to UK Continent (WET) 
 | 
 Nov-25 
 | 
 $96.95 
 | 
 $97.69 
 | 
 -0.76% 
 | 
 -$0.74 
 | 
 $96.36 
 | 
 0.61% 
 | 
 $94.57 
 | 
 2.52% 
 | 
   
 | 
 
| 
   
 | 
 LPG FFA Middle East Gulf to East (WET) 
 | 
 Nov-25 
 | 
 $80.98 
 | 
 $83.11 
 | 
 -2.56% 
 | 
 -$2.13 
 | 
 $84.24 
 | 
 -3.87% 
 | 
 $85.10 
 | 
 -4.84% 
 | 
   
 | 
 
| 
   
 | 
 TC5 FFA Arabian Gulf to Japan (WET) 
 | 
 Nov-25 
 | 
 $73.28 
 | 
 $73.13 
 | 
 0.21% 
 | 
 $0.15 
 | 
 $69.85 
 | 
 4.92% 
 | 
 $83.50 
 | 
 -12.23% 
 | 
   
 | 
 
| 
   
 | 
 Supramax Timecharter (DRY) 
 | 
 Nov-25 
 | 
 $108.91 
 | 
 $110.35 
 | 
 -1.30% 
 | 
 -$1.43 
 | 
 $111.20 
 | 
 -2.06% 
 | 
 $114.97 
 | 
 -5.26% 
 | 
   
 | 
 
| 
   
 | 
 Capesize Timecharter (DRY) 
 | 
 Nov-25 
 | 
 $10.81 
 | 
 $10.81 
 | 
 -0.02% 
 | 
 $0.00 
 | 
 $11.32 
 | 
 -4.51% 
 | 
 $13.35 
 | 
 -18.99% 
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
 
 
 | 
 
 
 
  
| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 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 
 | 
 
| 
   
 | 
   
 | 
 | 
 
| 
   
 | 
   
 | 
 | 
 
| 
   
 | 
   
 | 
 | 
 
| 
   
 | 
   
 | 
 | 
 
| 
   
 | 
   
 | 
 | 
 
| 
   
 | 
   
 | 
 | 
 
 
 
  
 | 
 
 
 
 |