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Prices as of 7:11 AM CST
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Current Price
|
Previous Settle
|
% Change
|
Change
|
Volume
|
|
|
Natural Gas
|
$2.941
|
$2.997
|
-1.87%
|
-$0.056
|
62,757
|
|
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WTI
|
$65.75
|
$64.01
|
2.72%
|
$1.74
|
117,625
|
|
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Brent
|
$69.26
|
$68.12
|
1.67%
|
$1.14
|
25,087
|
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ULSD
|
$2.354
|
$2.267
|
3.85%
|
$0.087
|
19,312
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RBOB
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$2.028
|
$2.188
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-7.30%
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-$0.160
|
23,120
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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
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$4.04
|
$4.02
|
0.50%
|
$0.02
|
Nov-25
|
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3:2:1 Crack
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$22.76
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$21.77
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4.51%
|
$0.98
|
Oct-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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Sep-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.
|
08/29/25
|
536
|
-2
|
-47
|
08/30/24
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Canada
|
08/29/25
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175
|
-5
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-45
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08/30/24
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International
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July-2025
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914
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1
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-20
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July-2024
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CFTC Net Positions
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As of 8/26/2025
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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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97,122
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96,859
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96,585
|
274
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PJM West Off Peak
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90,064
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89,832
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89,441
|
391
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Natural Gas Henry Hub
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350,095
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335,442
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338,231
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-2,789
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WTI – Light Sweet Crude Futures
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173,323
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145,906
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140,525
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5,381
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Brent Crude Last Day
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219,232
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212,600
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212,874
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-274
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NYM Ethanol
|
44,682
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43,953
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44,151
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-198
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Mt Belvieu LDH Propane Swap
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156,136
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155,150
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155,806
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-656
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RBOB
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330,812
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308,936
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315,606
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-6,670
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HSC Basis
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768,608
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755,488
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761,075
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-5,587
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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
|
$66.00
|
$59.00
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Gasoline
|
$3.50
|
$3.30
|
$3.10
|
$3.10
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Crude Oil Production
|
$12.90
|
$13.20
|
$13.40
|
$13.50
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Natural Gas Spot
|
$2.50
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$2.20
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$4.10
|
$4.80
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LNG Exports
|
12.00
|
12.00
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15.00
|
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
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42.00%
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42.00%
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40.00%
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40.00%
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Coal
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17.00%
|
16.00%
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16.00%
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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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|

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EIA Lower 48 Natural Gas Storage
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08/28/20
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|
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8/22/25
|
8/15/25
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Net Change
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% Change
|
8/23/24
|
% Change
|
5 Year Avg.
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% Change
|
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East
|
707
|
690
|
17
|
2.46%
|
754
|
-6.23%
|
722
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-2.10%
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Midwest
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832
|
812
|
20
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2.46%
|
909
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-8.47%
|
855
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-2.69%
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Mountain
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254
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255
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-1
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-0.39%
|
266
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-4.51%
|
208
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22.23%
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Pacific
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298
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301
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-3
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-1.00%
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287
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3.83%
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265
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12.62%
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South
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1,125
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1,141
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-16
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-1.40%
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1,119
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0.54%
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1,044
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7.80%
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Salt
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272
|
282
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-10
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-3.55%
|
272
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0.00%
|
249
|
9.24%
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Non_Salt
|
853
|
859
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-6
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-0.70%
|
847
|
0.71%
|
795
|
7.32%
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Total
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3,217
|
3,199
|
18
|
0.56%
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3,334
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-3.51%
|
3,093
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4.00%
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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
|
8/29/25
|
8/28/25
|
% Change
|
Change
|
8/1/25
|
% Change
|
8/29/24
|
% Change
|
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PJM West On Peak
|
Sep-25
|
$44.22
|
$44.61
|
-0.87%
|
-$0.39
|
$54.61
|
-19.02%
|
$51.68
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-14.43%
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ERCOT North On Peak
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Sep-25
|
$37.19
|
$37.03
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0.44%
|
$0.16
|
$50.92
|
-26.97%
|
$56.18
|
-33.80%
|
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CAISO SP 15 On Peak
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Sep-25
|
$39.65
|
$37.81
|
4.86%
|
$1.84
|
$41.86
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-5.28%
|
$56.64
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-30.00%
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MISO Indiana On Peak
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Sep-25
|
$43.91
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$44.32
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-0.93%
|
-$0.41
|
$50.70
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-13.40%
|
$51.38
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-14.56%
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NEISO Mass On Peak
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Sep-25
|
$42.30
|
$39.47
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7.17%
|
$2.83
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$50.29
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-15.89%
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$44.70
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-5.38%
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WECC Mid C On Peak
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Sep-25
|
$61.26
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$53.10
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15.37%
|
$8.16
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$63.88
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-4.11%
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$81.45
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-24.78%
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NYISO Zone G On Peak
|
Sep-25
|
$44.94
|
$41.43
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8.48%
|
$3.51
|
$51.19
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-12.21%
|
$46.01
|
-2.33%
|
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Natural Gas & Basis
|
|
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OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/29/25
|
8/28/25
|
% Change
|
Change
|
8/1/25
|
% Change
|
8/29/24
|
% Change
|
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|
NYMEX Henry Hub
|
Oct-25
|
$2.997
|
$2.944
|
1.80%
|
$0.05
|
$3.19
|
-5.99%
|
$3.24
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-7.44%
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Houston Ship Channel
|
Oct-25
|
-$0.439
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-$0.415
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5.76%
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-$0.02
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-$0.45
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-2.47%
|
-$0.59
|
-25.95%
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Chicago
|
Oct-25
|
-$0.429
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-$0.391
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-8.84%
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-$0.04
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-$0.39
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11.32%
|
-$0.53
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-19.65%
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Waha
|
Oct-25
|
-$2.462
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-$2.344
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-5.04%
|
-$0.12
|
-$2.55
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-3.45%
|
-$1.85
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33.41%
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Algonquin
|
Oct-25
|
-$0.934
|
-$0.852
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-9.61%
|
-$0.08
|
-$0.79
|
18.68%
|
-$0.84
|
11.67%
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Aeco
|
Oct-25
|
-$1.830
|
-$1.734
|
5.52%
|
-$0.10
|
-$2.23
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-18.10%
|
-$1.28
|
43.02%
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Socal
|
Oct-25
|
-$0.360
|
-$0.381
|
-5.51%
|
$0.02
|
-$0.60
|
-39.66%
|
-$0.35
|
3.71%
|
|
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Natural Gas Liquids
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/29/25
|
8/28/25
|
% Change
|
Change
|
8/1/25
|
% Change
|
8/29/24
|
% Change
|
|
|
Mt. Belvieu Propane LST
|
Sep-25
|
$0.687
|
$0.690
|
-0.37%
|
$0.00
|
$0.70
|
-1.89%
|
$0.72
|
-5.14%
|
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|
Mt. Belvieu Propane non LST
|
Sep-25
|
$0.672
|
$0.675
|
-0.37%
|
$0.00
|
$0.71
|
-5.25%
|
$0.72
|
-7.14%
|
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|
Mt. Belview Ethane
|
Sep-25
|
$0.219
|
$0.215
|
1.80%
|
$0.00
|
$0.21
|
2.20%
|
$0.22
|
-2.43%
|
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Mt. Belview Nat. Gasoline
|
Sep-25
|
$1.303
|
$1.313
|
-0.76%
|
-$0.01
|
$1.34
|
-2.64%
|
$1.43
|
-9.10%
|
|
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Mt. Belvieu Butane LST
|
Sep-25
|
$0.789
|
$0.791
|
-0.30%
|
$0.00
|
$0.82
|
-3.39%
|
$0.84
|
-6.61%
|
|
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Far East Propane
|
Sep-25
|
$5.350
|
$5.365
|
-0.28%
|
-$0.01
|
$5.30
|
0.97%
|
$5.63
|
-5.05%
|
|
|
Saudi Propane
|
Sep-25
|
$5.160
|
$5.169
|
-0.19%
|
-$0.01
|
$5.26
|
-1.88%
|
$5.23
|
-1.27%
|
|
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|
|
|
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|
Crude Oil
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/29/25
|
8/28/25
|
% Change
|
Change
|
8/1/25
|
% Change
|
8/29/24
|
% Change
|
|
|
WTI
|
Oct-25
|
$64.01
|
$64.60
|
-0.92%
|
-$0.59
|
$66.20
|
-3.31%
|
$70.24
|
-8.87%
|
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Brent
|
Oct-25
|
$67.75
|
$68.62
|
-1.29%
|
-$0.87
|
$69.67
|
-2.76%
|
$74.83
|
-9.46%
|
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WCS
|
Oct-25
|
-$11.91
|
-$12.35
|
-3.72%
|
$0.44
|
-$12.07
|
-1.39%
|
-$16.75
|
-28.91%
|
|
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LLS
|
Oct-25
|
$65.57
|
$65.33
|
0.36%
|
$0.24
|
$67.08
|
-2.25%
|
$71.39
|
-8.16%
|
|
|
Mars
|
Oct-25
|
$63.40
|
$63.08
|
0.52%
|
$0.33
|
$64.46
|
-1.64%
|
$69.35
|
-8.57%
|
|
|
Sour
|
Oct-25
|
$64.55
|
$63.64
|
1.41%
|
$0.91
|
$67.78
|
-4.77%
|
$70.23
|
-8.09%
|
|
|
ESPO
|
Oct-25
|
$65.75
|
$66.62
|
-1.32%
|
-$0.87
|
$67.67
|
-2.84%
|
$72.83
|
-9.72%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Refined Products
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/29/25
|
8/28/25
|
% Change
|
Change
|
8/1/25
|
% Change
|
8/29/24
|
% Change
|
|
|
NY Heating Oil
|
Sep-25
|
$2.27
|
$2.29
|
-0.96%
|
-$0.02
|
$2.29
|
-0.92%
|
$2.32
|
-2.16%
|
|
|
NY Gasoline
|
Sep-25
|
$2.19
|
$2.19
|
0.18%
|
$0.00
|
$2.11
|
3.84%
|
$2.16
|
1.53%
|
|
|
GC Gasoline
|
Sep-25
|
$2.05
|
$2.05
|
0.20%
|
$0.00
|
$1.97
|
4.11%
|
$2.06
|
-0.34%
|
|
|
GC Jet
|
Sep-25
|
$2.05
|
$2.07
|
-0.97%
|
-$0.02
|
$2.03
|
0.79%
|
$2.25
|
-9.01%
|
|
|
Chicago Ethanol
|
Sep-25
|
$2.00
|
$1.91
|
4.61%
|
$0.09
|
$1.75
|
14.24%
|
$1.69
|
18.38%
|
|
|
Rotterdam Gasoil
|
Sep-25
|
$651.99
|
$648.48
|
0.54%
|
$3.51
|
$646.78
|
0.81%
|
$662.85
|
-1.64%
|
|
|
Singapore Jet Kero
|
Sep-25
|
$83.66
|
$83.70
|
-0.05%
|
-$0.04
|
$84.73
|
-1.26%
|
$89.49
|
-6.52%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Implied Volatilities
|
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/29/25
|
8/28/25
|
% Change
|
Change
|
8/1/25
|
% Change
|
8/29/24
|
% Change
|
|
|
Henry Hub Straddle
|
Oct-25
|
53.40%
|
55.07%
|
-3.03%
|
-1.67%
|
59.98%
|
-10.97%
|
38.89%
|
37.31%
|
|
|
Algonquin Straddle
|
Oct-25
|
60.91%
|
65.49%
|
-6.99%
|
-4.58%
|
77.54%
|
-21.45%
|
47.01%
|
29.57%
|
|
|
Waha Straddle
|
Oct-25
|
240.53%
|
232.85%
|
3.30%
|
7.68%
|
134.61%
|
78.69%
|
93.48%
|
157.31%
|
|
|
Chicago Straddle
|
Oct-25
|
55.05%
|
57.10%
|
-3.59%
|
-2.05%
|
68.14%
|
-19.21%
|
44.02%
|
25.06%
|
|
|
PJM West Straddle
|
Oct-25
|
35.05%
|
35.84%
|
-2.20%
|
-0.79%
|
36.04%
|
-2.75%
|
37.40%
|
-6.28%
|
|
|
SP – 15 Straddle
|
Oct-25
|
209.33%
|
189.57%
|
10.42%
|
19.76%
|
152.76%
|
37.03%
|
48.20%
|
334.29%
|
|
|
Mid. C Straddle
|
Oct-25
|
76.98%
|
71.73%
|
7.32%
|
5.25%
|
62.36%
|
23.44%
|
71.59%
|
7.53%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro Gas and Power/LNG
|
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/29/25
|
8/28/25
|
% Change
|
Change
|
8/1/25
|
% Change
|
8/29/24
|
% Change
|
|
|
Dutch TTF
|
Oct-25
|
EUR 31.74
|
EUR 31.84
|
-0.33%
|
-EUR 0.10
|
EUR 34.33
|
-7.53%
|
EUR 39.82
|
-20.29%
|
|
|
NBP
|
Oct-25
|
GBP 78.01
|
GBP 78.46
|
-0.57%
|
-GBP 0.45
|
GBP 84.40
|
-7.57%
|
GBP 100.33
|
-22.24%
|
|
|
German Base
|
Oct-25
|
EUR 83.84
|
EUR 83.06
|
0.94%
|
EUR 0.78
|
EUR 86.56
|
-3.14%
|
EUR 97.12
|
-13.68%
|
|
|
UK Base
|
Oct-25
|
GBP 73.80
|
GBP 73.78
|
0.03%
|
GBP 0.02
|
GBP 75.68
|
-2.48%
|
GBP 88.86
|
-16.94%
|
|
|
French Base
|
Oct-25
|
EUR 56.27
|
EUR 55.39
|
1.58%
|
EUR 0.88
|
EUR 61.21
|
-8.07%
|
EUR 82.70
|
-31.96%
|
|
|
Italian Base
|
Oct-25
|
EUR 105.52
|
EUR 104.62
|
0.86%
|
EUR 0.89
|
EUR 112.90
|
-6.54%
|
EUR 112.48
|
-6.19%
|
|
|
JKM LNG
|
Oct-25
|
$11.23
|
$11.02
|
1.86%
|
$0.20
|
$12.02
|
-6.60%
|
$13.89
|
-19.16%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freight Forwards (WET & DRY)
|
|
OTCGH/EOXLive Market Data
|
|
|
|
Contract
|
8/29/25
|
8/28/25
|
% Change
|
Change
|
8/1/25
|
% Change
|
8/29/24
|
% Change
|
|
|
TD3C FFA Middle East to China (WET)
|
Oct-25
|
$31.74
|
$31.84
|
-0.33%
|
-$0.10
|
$34.33
|
-7.53%
|
$39.82
|
-20.29%
|
|
|
USGC-UK Continent Dirty (WET)
|
Oct-25
|
$78.01
|
$78.46
|
-0.57%
|
-$0.45
|
$84.40
|
-7.57%
|
$100.33
|
-22.24%
|
|
|
TD20 West Africa to UK Continent (WET)
|
Oct-25
|
$83.84
|
$83.06
|
0.94%
|
$0.78
|
$86.56
|
-3.14%
|
$97.12
|
-13.68%
|
|
|
LPG FFA Middle East Gulf to East (WET)
|
Oct-25
|
$73.80
|
$73.78
|
0.03%
|
$0.02
|
$75.68
|
-2.48%
|
$88.86
|
-16.94%
|
|
|
TC5 FFA Arabian Gulf to Japan (WET)
|
Oct-25
|
$56.27
|
$55.39
|
1.58%
|
$0.88
|
$61.21
|
-8.07%
|
$82.70
|
-31.96%
|
|
|
Supramax Timecharter (DRY)
|
Oct-25
|
$105.52
|
$104.62
|
0.86%
|
$0.89
|
$112.90
|
-6.54%
|
$112.48
|
-6.19%
|
|
|
Capesize Timecharter (DRY)
|
Oct-25
|
$11.23
|
$11.02
|
1.86%
|
$0.20
|
$12.02
|
-6.60%
|
$13.89
|
-19.16%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooling Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
08/30/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
10
|
-12
|
-18
|
522
|
130
|
-45
|
33.00%
|
-8.00%
|
|
|
Middle Atlantic
|
14
|
-20
|
-36
|
731
|
143
|
-66
|
24.00%
|
-8.00%
|
|
|
E N Central
|
3
|
-31
|
-67
|
756
|
119
|
62
|
19.00%
|
9.00%
|
|
|
W N Central
|
18
|
-28
|
-64
|
860
|
37
|
33
|
4.00%
|
4.00%
|
|
|
South Atlantic
|
65
|
-16
|
-23
|
1,672
|
186
|
-22
|
13.00%
|
-1.00%
|
|
|
E S Central
|
47
|
-28
|
-47
|
1,454
|
188
|
3
|
15.00%
|
0.00%
|
|
|
W S Central
|
104
|
-7
|
-25
|
2,108
|
194
|
-77
|
10.00%
|
-4.00%
|
|
|
Mountain
|
60
|
-1
|
1
|
1,091
|
83
|
-26
|
8.00%
|
-2.00%
|
|
|
Pacific
|
65
|
24
|
38
|
566
|
34
|
-92
|
6.00%
|
-14.00%
|
|
|
United States
|
45
|
-11
|
-25
|
1,105
|
126
|
-28
|
13.00%
|
-2.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Heating Degree Days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
08/30/2025
|
Week Tot
|
Dev Norm
|
Dev L YR
|
Cum Tot
|
CumD Norm
|
CumD L YR
|
CumD Norm
|
CumD L YR
|
|
|
New England
|
17
|
8
|
13
|
43
|
8
|
16
|
NA
|
NA
|
|
|
Middle Atlantic
|
11
|
6
|
9
|
18
|
-3
|
4
|
NA
|
NA
|
|
|
E N Central
|
32
|
24
|
29
|
41
|
7
|
3
|
NA
|
NA
|
|
|
W N Central
|
18
|
6
|
17
|
30
|
-12
|
0
|
NA
|
NA
|
|
|
South Atlantic
|
2
|
1
|
1
|
2
|
1
|
0
|
NA
|
NA
|
|
|
E S Central
|
5
|
4
|
5
|
5
|
4
|
3
|
NA
|
NA
|
|
|
W S Central
|
1
|
1
|
1
|
1
|
1
|
1
|
NA
|
NA
|
|
|
Mountain
|
2
|
-11
|
-3
|
6
|
-41
|
-9
|
NA
|
NA
|
|
|
Pacific
|
0
|
-7
|
-9
|
8
|
-37
|
-9
|
NA
|
NA
|
|
|
United States
|
10
|
5
|
7
|
16
|
-7
|
0
|
NA
|
NA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts
|
Weather Forecast & Seasonal Outlook
|

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