Morning Report: Gas * Power * NGL * Crude * Products * Vols — Oct-28-2022

Oct 28, 2022

  

 

 

 

 

 

 

 

 

 

Prices as of 8:11 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$5.704

$5.186

9.99%

$0.518

15,815

 

 

WTI

$88.15

$89.08

-1.04%

-$0.93

81,792

 

 

Brent

$96.03

$96.96

-0.96%

-$0.93

2,294

 

 

ULSD

$4.420

$4.334

1.99%

$0.086

701

 

 

RBOB

$2.949

$3.012

-2.08%

-$0.063

619

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$7.92

$7.88

0.51%

$0.04

Dec-22

 

 

3:2:1 Crack

$36.61

$36.78

-0.44%

-$0.16

Dec-22

 

 

PJM West Spark

NA

NA

NA

NA

Nov-22

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

10/21/22

771

2

229

10/22/21

 

 

Canada

10/21/22

210

-6

46

10/22/21

 

 

International

Sept

879

19

92

Sept

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 10/18/2022

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

87,644

86,992

87,451

-459

 

 

PJM West Off Peak

86,439

85,681

86,224

-543

 

 

Natural Gas Henry Hub

470,900

450,713

460,813

-10,100

 

 

WTI – Light Sweet Crude Futures

318,425

260,271

246,768

13,503

 

 

Brent Crude Last Day

176,467

167,229

170,574

-3,345

 

 

NYM Ethanol

23,174

22,520

22,966

-446

 

 

Mt Belvieu LDH Propane Swap

126,857

125,617

126,136

-519

 

 

RBOB

256,039

237,230

240,177

-2,947

 

 

HSC Basis

562,895

558,533

552,867

5,666

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

EIA Lower 48 Natural Gas Storage

 

 

 

 

10/27/17

 

 

 

10/21/22

10/14/22

Net Change

% Change

10/22/21

% Change

5 Year Avg.

% Change

 

 

East

825

812

13

1.60%

885

-6.78%

899

-8.27%

 

 

Midwest

1,007

987

20

2.03%

1,052

-4.28%

1,066

-5.52%

 

 

Mountain

199

195

4

2.05%

212

-6.13%

214

-6.92%

 

 

Pacific

248

249

-1

-0.40%

255

-2.75%

290

-14.60%

 

 

South

1,116

1,099

17

1.55%

1,144

-2.45%

1,147

-2.67%

 

 

    Salt

277

271

6

2.21%

304

-8.88%

301

-7.85%

 

 

    Non_Salt

839

828

11

1.33%

840

-0.12%

846

-0.83%

 

 

Total

3,394

3,342

52

1.56%

3,548

-4.34%

3,616

-6.14%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

EOXLive Market Data

 

 

 

Contract

10/27/22

10/26/22

% Change

Change

9/29/22

% Change

10/28/21

% Change

 

 

PJM West On Peak

Nov-22

$66.82

$70.10

-4.68%

-$3.28

$92.69

-27.92%

$47.38

41.02%

 

 

ERCOT North On Peak

Nov-22

$45.58

$48.14

-5.32%

-$2.56

$63.87

-28.64%

$41.82

8.98%

 

 

CAISO SP 15 On Peak

Nov-22

$69.08

$71.79

-3.77%

-$2.71

$75.11

-8.03%

$58.54

18.01%

 

 

MISO Indiana On Peak

Nov-22

$64.35

$67.08

-4.07%

-$2.73

$90.75

-29.09%

$47.34

35.93%

 

 

NEISO Mass On Peak

Nov-22

$68.98

$70.74

-2.48%

-$1.75

$105.93

-34.88%

$70.13

-1.64%

 

 

WECC Mid C On Peak

Nov-22

$82.04

$74.27

10.46%

$7.77

$73.93

10.97%

$58.95

39.16%

 

 

NYISO Zone G On Peak

Nov-22

$62.11

$63.99

-2.94%

-$1.88

$97.25

-36.13%

$54.18

14.64%

 

 

 

 

 

Natural Gas & Basis

 

 

 

EOXLive Market Data

 

 

 

Contract

10/27/22

10/26/22

% Change

Change

9/29/22

% Change

10/28/21

% Change

 

 

NYMEX Henry Hub

Dec-22

$5.875

$6.119

-3.99%

-$0.24

$7.14

-17.74%

$4.37

34.50%

 

 

Houston Ship Channel

Dec-22

-$0.251

-$0.280

-10.12%

$0.03

-$0.31

-18.46%

$0.05

-614.96%

 

 

Chicago

Dec-22

$0.101

$0.130

28.56%

-$0.03

$0.03

196.77%

$0.26

-60.78%

 

 

Waha

Dec-22

-$1.661

-$1.627

-2.04%

-$0.03

-$2.04

-18.55%

-$0.21

675.98%

 

 

Algonquin

Dec-22

$11.163

$12.223

-8.67%

-$1.06

$18.84

-40.76%

$6.18

80.73%

 

 

Aeco

Dec-22

-$1.621

-$1.855

-12.63%

$0.23

-$2.60

-37.75%

-$0.84

92.79%

 

 

Socal

Dec-22

$1.714

$1.720

-0.40%

-$0.01

$1.44

18.66%

$0.96

78.77%

 

 

 

 

 

Natural Gas Liquids

 

 

 

EOXLive Market Data

 

 

 

Contract

10/27/22

10/26/22

% Change

Change

9/29/22

% Change

10/28/21

% Change

 

 

Mt. Belvieu Propane LST

Nov-22

$0.873

$0.885

-1.32%

-$0.01

$0.88

-0.77%

$1.04

-15.95%

 

 

Mt. Belvieu Propane non LST

Nov-22

$0.891

$0.885

0.71%

$0.01

$0.88

1.41%

$1.03

-13.49%

 

 

Mt. Belview Ethane

Nov-22

$0.392

$0.415

-5.52%

-$0.02

$0.36

7.77%

$0.34

17.03%

 

 

Mt. Belview Nat. Gasoline

Nov-22

$1.648

$1.617

1.93%

$0.03

$1.57

4.95%

$1.62

1.97%

 

 

Mt. Belvieu Butane LST

Nov-22

$1.012

$1.010

0.24%

$0.00

$0.99

2.77%

$1.14

-10.96%

 

 

Conway Propane

Nov-22

$0.910

$0.903

0.82%

$0.01

$0.91

0.00%

$1.06

-13.81%

 

 

Conway Nat. Gasoline

Nov-22

$1.703

$1.650

3.18%

$0.05

$1.59

6.80%

$1.61

5.57%

 

 

 

 

Crude Oil

 

 

 

EOXLive Market Data

 

 

 

Contract

10/27/22

10/26/22

% Change

Change

9/29/22

% Change

10/28/21

% Change

 

 

WTI

Dec-22

$89.08

$87.91

1.31%

$1.17

$80.42

10.77%

$71.69

24.26%

 

 

Brent

Dec-22

$96.96

$95.69

1.31%

$1.27

$87.18

11.22%

$75.39

28.61%

 

 

WCS

Dec-22

-$28.64

-$27.62

3.56%

-$1.02

-$21.54

32.94%

-$15.54

84.29%

 

 

LLS

Dec-22

$90.29

$89.36

1.03%

$0.93

$81.71

10.49%

$71.89

25.59%

 

 

Mars

Dec-22

$83.28

$83.16

0.14%

$0.11

$76.89

8.30%

$68.13

22.24%

 

 

Sour

Dec-22

$84.41

$84.30

0.14%

$0.12

$78.44

7.61%

$68.64

22.97%

 

 

ESPO

Dec-22

$90.49

$90.07

0.47%

$0.42

$82.69

9.43%

$72.76

24.36%

 

 

 

 

Refined Products

 

 

 

EOXLive Market Data

 

 

 

Contract

10/27/22

10/26/22

% Change

Change

9/29/22

% Change

10/28/21

% Change

 

 

NY Heating Oil

Nov-22

$4.30

$4.13

4.29%

$0.18

$3.28

31.25%

$2.29

87.99%

 

 

NY Gasoline

Nov-22

$2.63

$2.59

1.62%

$0.04

$2.41

9.25%

$2.11

24.61%

 

 

GC Gasoline

Nov-22

$2.53

$2.49

1.69%

$0.04

$2.31

9.65%

$2.01

25.83%

 

 

GC Jet

Nov-22

$3.30

$3.48

-5.03%

-$0.17

$3.39

-2.74%

$2.07

59.70%

 

 

Chicago Ethanol

Nov-22

$2.43

$2.40

1.25%

$0.03

$2.27

7.14%

$2.01

20.72%

 

 

Rotterdam Gasoil

Nov-22

$1,015.04

$1,010.62

0.44%

$4.42

$901.04

12.65%

$615.20

64.99%

 

 

Singapore Jet Kero

Nov-22

$125.09

$123.55

1.24%

$1.53

$113.68

10.03%

$85.88

45.66%

 

 

 

 

Implied Volatilities

 

 

 

EOXLive Market Data

 

 

 

Contract

10/27/22

10/26/22

% Change

Change

9/29/22

% Change

10/28/21

% Change

 

 

Henry Hub Straddle

Dec-22

103.25%

103.72%

-0.45%

-0.47%

100.55%

2.69%

44.46%

132.23%

 

 

Algonquin Straddle

Dec-22

158.29%

156.63%

1.06%

1.66%

139.64%

13.36%

43.26%

265.90%

 

 

Waha Straddle

Dec-22

137.83%

138.95%

-0.81%

-1.12%

127.08%

8.46%

47.35%

191.09%

 

 

Chicago Straddle

Dec-22

113.97%

107.81%

5.71%

6.16%

101.34%

12.46%

42.13%

170.52%

 

 

PJM West Straddle

Dec-22

94.38%

89.05%

5.99%

5.33%

93.70%

0.73%

27.66%

241.21%

 

 

SP – 15 Straddle

Dec-22

117.87%

122.30%

-3.62%

-4.43%

106.81%

10.35%

25.19%

367.92%

 

 

Mid. C Straddle

Dec-22

314.86%

310.76%

1.32%

4.10%

145.95%

115.73%

36.49%

762.87%

 

 

 

 

Euro Gas and Power/LNG

 

 

EOXLive Market Data

 

 

 

Contract

10/27/22

10/26/22

% Change

Change

9/29/22

% Change

10/28/21

% Change

 

 

Dutch TTF

Dec-22

EUR 137.90

EUR 131.00

5.27%

EUR 6.90

EUR 210.00

-34.33%

EUR 42.21

226.68%

 

 

NBP

Dec-22

GBP 336.00

GBP 325.50

3.23%

GBP 10.50

GBP 542.72

-38.09%

GBP 113.38

196.35%

 

 

German Base

Dec-22

EUR 335.24

EUR 312.00

7.45%

EUR 23.24

EUR 525.00

-36.14%

EUR 105.79

216.88%

 

 

UK Base

Dec-22

GBP 360.36

GBP 349.76

3.03%

GBP 10.60

GBP 588.69

-38.79%

GBP 93.84

284.01%

 

 

French Base

Dec-22

EUR 736.51

EUR 794.54

-7.30%

-EUR 58.03

EUR 1,494.22

-50.71%

EUR 123.99

494.01%

 

 

Italian Base

Dec-22

EUR 343.79

EUR 325.95

5.47%

EUR 17.84

EUR 513.20

-33.01%

EUR 113.58

202.68%

 

 

JKM LNG

Dec-22

$38.94

$36.46

6.82%

$2.49

$34.03

14.43%

$16.82

131.57%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

10/22/2022

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

0

0

-1

651

234

-5

56.00%

-1.00%

 

 

Middle Atlantic

0

0

-2

855

199

-58

30.00%

-6.00%

 

 

E N Central

0

-1

0

825

117

-142

17.00%

-15.00%

 

 

W N Central

0

-1

0

1,087

161

-30

17.00%

-3.00%

 

 

South Atlantic

14

-9

-13

2,044

192

-64

10.00%

-3.00%

 

 

E S Central

1

-7

-3

1,711

177

42

12.00%

3.00%

 

 

W S Central

19

-6

-10

2,821

436

329

18.00%

13.00%

 

 

Mountain

10

1

4

1,383

151

6

12.00%

0.00%

 

 

Pacific

13

7

12

975

279

70

40.00%

8.00%

 

 

United States

7

-3

-2

1,402

216

5

18.00%

0.00%

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10/22/2022

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

107

-6

50

415

-76

165

NA

NA

 

 

Middle Atlantic

111

13

61

354

-25

223

NA

NA

 

 

E N Central

133

29

58

450

30

258

NA

NA

 

 

W N Central

139

36

50

410

-32

175

NA

NA

 

 

South Atlantic

66

25

39

164

41

119

NA

NA

 

 

E S Central

94

41

48

224

65

150

NA

NA

 

 

W S Central

39

18

19

58

8

31

NA

NA

 

 

Mountain

61

-26

-19

222

-184

-82

NA

NA

 

 

Pacific

23

-22

-31

72

-147

-135

NA

NA

 

 

United States

82

13

30

248

-26

102

NA

NA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gas * Power * NGL * Crude * Products * Vol Charts

 

 

 

 

 

Weather Forecast & Seasonal Outlook

 

Tropical Outlook

 

To opt out of this email please follow this link.

Campbell Faulkner | OTC Global Holdings

Quality Data – Reliable Service – Affordable Price

5151 San Felipe Suite 2200
Houston, TX 77056
faulkner.c@otcgh.com
eoxlive.com/market-data

 

This email, any information contained herein and any files transmitted with it (collectively, the Material) are the sole property of OTC Global Holdings LP and its affiliates (OTCGH); are confidential, may be legally privileged and are intended solely for the use of the individual or entity to whom they are addressed. Unauthorized disclosure, copying or distribution of the Material, is strictly prohibited and the recipient shall not redistribute the Material in any form to a third party. Please notify the sender immediately by email if you have received this email by mistake, delete this email from your system and destroy any hard copies. OTCGH waives no privilege or confidentiality due to any mistaken transmission of this email.

pdf icon All_Products_20221028.pdf