Morning Report: Gas * Power * NGL * Crude * Products * Vols — Sep-13-2022

Sep 13, 2022

  

 

 

 

 

 

 

 

 

 

Prices as of 8:24 AM CST

 

 

 

 

 

 

 

Current Price

Previous Settle

% Change

Change

Volume

 

 

Natural Gas

$8.274

$8.249

0.30%

$0.025

19,579

 

 

WTI

$87.31

$87.78

-0.54%

-$0.47

104,250

 

 

Brent

$93.36

$94.00

-0.68%

-$0.64

9,790

 

 

ULSD

$3.575

$3.603

-0.77%

-$0.028

5,836

 

 

RBOB

$2.462

$2.445

0.70%

$0.017

4,918

 

 

 

 

Spreads

 

 

 

 

 

 

 

Current

Previous

% Change

Change

Contract

 

 

WTI-Brent

$6.51

$6.59

-1.21%

-$0.08

Nov-22

 

 

3:2:1 Crack

$30.18

$29.70

1.60%

$0.48

Oct-22

 

 

PJM West Spark

$101.27

$98.42

2.89%

$2.85

Oct-22

 

 

 

 

Baker Hughes Rig Count

 

 

 

 

 

 

 

Date

Count

Change

1 Year Chg.

1 Year Date

 

 

U.S.

09/09/22

759

-1

256

09/10/21

 

 

Canada

09/09/22

205

-3

62

09/10/21

 

 

International

Aug

860

27

83

Aug

 

 

 

 

CFTC Net Positions

 

 

 

 

 

 

As of 9/6/2022

Open Interest

Total Net Long

Total Net Short

Diff

 

 

PJM West On Peak

86,180

85,733

85,978

-245

 

 

PJM West Off Peak

80,413

79,809

80,022

-213

 

 

Natural Gas Henry Hub

483,710

462,400

473,930

-11,530

 

 

WTI – Light Sweet Crude Futures

302,757

244,855

231,701

13,154

 

 

Brent Crude Last Day

175,486

166,836

170,847

-4,011

 

 

NYM Ethanol

28,709

28,348

28,335

13

 

 

Mt Belvieu LDH Propane Swap

115,566

114,244

114,921

-677

 

 

RBOB

246,901

229,278

230,781

-1,503

 

 

HSC Basis

563,506

558,758

557,819

939

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

EIA Lower 48 Natural Gas Storage

 

 

 

 

09/08/17

 

 

 

9/2/22

8/26/22

Net Change

% Change

9/3/2021

% Change

5 Year Avg.

% Change

 

 

East

635

614

21

3.42%

703

-9.67%

747

-14.99%

 

 

Midwest

776

747

29

3.88%

842

-7.84%

860

-9.75%

 

 

Mountain

159

157

2

1.27%

191

-16.75%

193

-17.53%

 

 

Pacific

238

241

-3

-1.24%

243

-2.06%

274

-13.27%

 

 

South

887

881

6

0.68%

943

-5.94%

1,008

-12.04%

 

 

    Salt

182

185

-3

-1.62%

208

-12.50%

242

-24.73%

 

 

    Non_Salt

705

696

9

1.29%

735

-4.08%

767

-8.04%

 

 

Total

2,694

2,640

54

2.05%

2,923

-7.83%

3,083

-12.61%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Power Generation Additions/Retirements

 

 

  

 

Front Month Prices

 

 

 

 

 

 

 

 

 

 

 

 

 

Electricity

 

 

 

EOXLive Market Data

 

 

 

Contract

9/12/22

9/9/22

% Change

Change

8/12/22

% Change

9/13/21

% Change

 

 

PJM West On Peak

Oct-22

$119.01

$116.07

2.53%

$2.94

$113.36

4.99%

$40.71

192.32%

 

 

ERCOT North On Peak

Oct-22

$106.86

$106.45

0.39%

$0.41

$122.73

-12.93%

$45.30

135.90%

 

 

CAISO SP 15 On Peak

Oct-22

$94.13

$89.10

5.64%

$5.03

$91.04

3.39%

$64.03

47.00%

 

 

MISO Indiana On Peak

Oct-22

$119.89

$117.36

2.15%

$2.53

$115.53

3.78%

$41.40

189.61%

 

 

NEISO Mass On Peak

Oct-22

$78.18

$84.02

-6.95%

-$5.84

$91.65

-14.70%

$41.35

89.08%

 

 

WECC Mid C On Peak

Oct-22

$98.54

$89.27

10.38%

$9.27

$83.73

17.69%

$55.26

78.31%

 

 

NYISO Zone G On Peak

Oct-22

$96.63

$94.76

1.98%

$1.87

$94.66

2.09%

$36.32

166.03%

 

 

 

 

 

Natural Gas & Basis

 

 

 

EOXLive Market Data

 

 

 

Contract

9/12/22

9/9/22

% Change

Change

8/12/22

% Change

9/13/21

% Change

 

 

NYMEX Henry Hub

Oct-22

$8.249

$7.996

3.16%

$0.25

$8.74

-5.66%

$3.89

111.84%

 

 

Houston Ship Channel

Oct-22

-$0.775

-$0.712

8.82%

-$0.06

-$0.32

145.41%

-$0.02

3129.17%

 

 

Chicago

Oct-22

-$0.596

-$0.561

-6.00%

-$0.04

-$0.31

92.85%

-$0.16

277.05%

 

 

Waha

Oct-22

-$2.547

-$2.202

-15.67%

-$0.35

-$1.58

61.43%

-$0.49

416.21%

 

 

Algonquin

Oct-22

-$0.673

-$0.646

-4.05%

-$0.03

-$0.46

45.64%

-$0.59

14.44%

 

 

Aeco

Oct-22

-$4.666

-$4.096

13.91%

-$0.57

-$3.76

24.03%

-$0.91

414.65%

 

 

Socal

Oct-22

-$0.365

-$0.366

-0.41%

$0.00

-$0.20

85.03%

$0.74

-149.34%

 

 

 

 

 

Natural Gas Liquids

 

 

 

EOXLive Market Data

 

 

 

Contract

9/12/22

9/9/22

% Change

Change

8/12/22

% Change

9/13/21

% Change

 

 

Mt. Belvieu Propane LST

Oct-22

$1.050

$1.033

1.70%

$0.02

$1.08

-2.78%

$0.89

18.01%

 

 

Mt. Belvieu Propane non LST

Oct-22

$1.037

$1.114

-6.92%

-$0.08

$1.07

-3.07%

$0.89

16.55%

 

 

Mt. Belview Ethane

Oct-22

$0.500

$0.508

-1.53%

-$0.01

$0.60

-17.15%

$0.30

64.30%

 

 

Mt. Belview Nat. Gasoline

Oct-22

$1.587

$1.533

3.50%

$0.05

$1.80

-11.83%

$1.44

9.91%

 

 

Mt. Belvieu Butane LST

Oct-22

$1.105

$1.115

-0.89%

-$0.01

$1.23

-10.31%

$0.97

13.83%

 

 

Conway Propane

Oct-22

$1.073

$1.046

2.53%

$0.03

$1.11

-3.32%

$0.92

17.04%

 

 

Conway Nat. Gasoline

Oct-22

$1.610

$1.558

3.37%

$0.05

$1.78

-9.66%

$1.44

11.91%

 

 

 

 

Crude Oil

 

 

 

EOXLive Market Data

 

 

 

Contract

9/12/22

9/9/22

% Change

Change

8/12/22

% Change

9/13/21

% Change

 

 

WTI

Nov-22

$87.41

$86.36

1.20%

$1.05

$90.87

-3.81%

$65.22

34.02%

 

 

Brent

Nov-22

$94.00

$92.84

1.23%

$1.16

$96.90

-2.99%

$68.28

37.67%

 

 

WCS

Nov-22

-$20.67

-$20.65

0.07%

-$0.01

-$19.85

4.09%

-$12.75

62.09%

 

 

LLS

Nov-22

$88.97

$87.25

1.93%

$1.71

$91.79

-3.07%

$63.13

40.92%

 

 

Mars

Nov-22

$85.52

$83.64

2.20%

$1.88

$88.26

-3.10%

$63.23

35.26%

 

 

Sour

Nov-22

$86.66

$84.38

2.63%

$2.28

$89.34

-3.00%

$64.55

34.24%

 

 

ESPO

Nov-22

$89.93

$88.38

1.73%

$1.56

$92.12

-2.38%

$66.61

35.01%

 

 

 

 

Refined Products

 

 

 

EOXLive Market Data

 

 

 

Contract

9/12/22

9/9/22

% Change

Change

8/12/22

% Change

9/13/21

% Change

 

 

NY Heating Oil

Oct-22

$3.60

$3.58

0.59%

$0.02

$3.48

3.48%

$2.09

72.67%

 

 

NY Gasoline

Oct-22

$2.46

$2.42

1.61%

$0.04

$2.77

-11.28%

$1.96

25.63%

 

 

GC Gasoline

Oct-22

$2.36

$2.32

1.68%

$0.04

$2.67

-11.71%

$1.86

27.00%

 

 

GC Jet

Oct-22

$3.32

$3.24

2.37%

$0.08

$3.26

1.90%

$1.87

78.12%

 

 

Chicago Ethanol

Oct-22

$2.39

$2.32

2.97%

$0.07

$2.40

-0.42%

$1.83

30.62%

 

 

Rotterdam Gasoil

Oct-22

$1,017.83

$992.62

2.54%

$25.21

$983.13

3.53%

$550.78

84.80%

 

 

Singapore Jet Kero

Oct-22

$126.74

$128.23

-1.16%

-$1.49

$128.12

-1.07%

$76.85

64.92%

 

 

 

 

Implied Volatilities

 

 

 

EOXLive Market Data

 

 

 

Contract

9/12/22

9/9/22

% Change

Change

8/12/22

% Change

9/13/21

% Change

 

 

Henry Hub Straddle

Oct-22

72.47%

74.10%

-2.20%

-1.63%

92.35%

-21.53%

30.73%

135.83%

 

 

Algonquin Straddle

Oct-22

75.42%

79.24%

-4.82%

-3.82%

94.81%

-20.45%

34.60%

117.98%

 

 

Waha Straddle

Oct-22

88.87%

93.09%

-4.53%

-4.22%

118.71%

-25.14%

35.35%

151.40%

 

 

Chicago Straddle

Oct-22

75.19%

77.46%

-2.93%

-2.27%

95.26%

-21.07%

32.41%

132.00%

 

 

PJM West Straddle

Oct-22

58.74%

62.36%

-5.81%

-3.62%

90.67%

-35.22%

25.64%

129.10%

 

 

SP – 15 Straddle

Oct-22

146.96%

213.19%

-31.07%

-66.23%

156.47%

-6.08%

22.98%

539.51%

 

 

Mid. C Straddle

Oct-22

325.05%

361.70%

-10.13%

-36.65%

191.04%

70.15%

33.81%

861.40%

 

 

 

 

Euro Gas and Power/LNG

 

 

EOXLive Market Data

 

 

 

Contract

9/12/22

9/9/22

% Change

Change

8/12/22

% Change

9/13/21

% Change

 

 

Dutch TTF

Oct-22

EUR 191.02

EUR 207.00

-7.72%

-EUR 15.98

EUR 209.70

-8.91%

EUR 31.96

497.72%

 

 

NBP

Oct-22

GBP 347.25

GBP 375.00

-7.40%

-GBP 27.75

GBP 438.49

-20.81%

GBP 83.50

315.85%

 

 

German Base

Oct-22

EUR 377.36

EUR 413.02

-8.63%

-EUR 35.65

EUR 427.25

-11.68%

EUR 90.78

315.67%

 

 

UK Base

Oct-22

GBP 308.48

GBP 285.26

8.14%

GBP 23.21

GBP 419.65

-26.49%

GBP 92.09

234.98%

 

 

French Base

Oct-22

EUR 483.45

EUR 498.50

-3.02%

-EUR 15.05

EUR 566.09

-14.60%

EUR 93.82

415.28%

 

 

Italian Base

Oct-22

EUR 454.78

EUR 483.59

-5.96%

-EUR 28.82

EUR 510.98

-11.00%

EUR 100.86

350.90%

 

 

JKM LNG

Oct-22

$48.67

$48.78

-0.24%

-$0.12

$51.08

-4.73%

$12.92

276.67%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

Cooling Degree Days

 

 

 

 

 

 

09/10/2022

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

13

4

-2

634

223

20

54.00%

3.00%

 

 

Middle Atlantic

34

13

13

822

197

-16

32.00%

-2.00%

 

 

E N Central

28

7

10

783

110

-68

16.00%

-8.00%

 

 

W N Central

39

9

2

1,016

142

13

16.00%

1.00%

 

 

South Atlantic

81

10

8

1,826

225

42

14.00%

2.00%

 

 

E S Central

67

5

11

1,580

212

158

15.00%

11.00%

 

 

W S Central

93

-3

-16

2,475

405

385

20.00%

18.00%

 

 

Mountain

74

26

4

1,230

142

-11

13.00%

-1.00%

 

 

Pacific

90

55

24

842

254

31

43.00%

4.00%

 

 

United States

61

16

8

1,267

214

53

20.00%

4.00%

 

 

 

 

Heating Degree Days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

09/10/2022

Week Tot

Dev Norm

Dev L YR

Cum Tot

CumD Norm

CumD L YR

CumD Norm

CumD L YR

 

 

New England

10

-9

1

27

-34

-20

NA

NA

 

 

Middle Atlantic

2

-8

-3

7

-28

-8

NA

NA

 

 

E N Central

6

-9

-7

24

-30

-16

NA

NA

 

 

W N Central

9

-12

1

20

-51

-6

NA

NA

 

 

South Atlantic

0

-1

-1

0

-2

-1

NA

NA

 

 

E S Central

1

0

-1

1

-1

-2

NA

NA

 

 

W S Central

0

-1

0

0

-1

0

NA

NA

 

 

Mountain

8

-13

7

11

-67

-3

NA

NA

 

 

Pacific

2

-8

1

12

-48

-8

NA

NA

 

 

United States

3

-7

-1

10

-27

-7

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.

EOXLive | OTC Global Holdings

Quality Data – Reliable Service – Affordable Price

5151 San Felipe Suite 2200
Houston, TX 77056
curves@eoxlive.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_20220913.pdf