| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Prices as of 8:10 AM CST 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Current Price 
 | 
 Previous Settle 
 | 
 % Change 
 | 
 Change 
 | 
 Volume 
 | 
   
 | 
 
| 
   
 | 
 Natural Gas 
 | 
 $2.908 
 | 
 $2.858 
 | 
 1.75% 
 | 
 $0.050 
 | 
 8,007 
 | 
   
 | 
 
| 
   
 | 
 WTI 
 | 
 $64.64 
 | 
 $64.99 
 | 
 -0.54% 
 | 
 -$0.35 
 | 
 70,432 
 | 
   
 | 
 
| 
   
 | 
 Brent 
 | 
 $68.98 
 | 
 $69.31 
 | 
 -0.48% 
 | 
 -$0.33 
 | 
 8,009 
 | 
   
 | 
 
| 
   
 | 
 ULSD 
 | 
 $2.396 
 | 
 $2.377 
 | 
 0.79% 
 | 
 $0.019 
 | 
 3,880 
 | 
   
 | 
 
| 
   
 | 
 RBOB 
 | 
 $2.000 
 | 
 $2.019 
 | 
 -0.95% 
 | 
 -$0.019 
 | 
 3,955 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Spreads 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Current 
 | 
 Previous 
 | 
 % Change 
 | 
 Change 
 | 
 Contract 
 | 
   
 | 
 
| 
   
 | 
 WTI-Brent 
 | 
 $4.42 
 | 
 $4.32 
 | 
 2.31% 
 | 
 $0.10 
 | 
 Nov-25 
 | 
   
 | 
 
| 
   
 | 
 3:2:1 Crack 
 | 
 $23.42 
 | 
 $23.12 
 | 
 1.31% 
 | 
 $0.30 
 | 
 Nov-25 
 | 
   
 | 
 
| 
   
 | 
 PJM West Spark 
 | 
 $45.55 
 | 
 $44.90 
 | 
 1.44% 
 | 
 $0.65 
 | 
 Oct-25 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Baker Hughes Rig Count 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Date 
 | 
 Count 
 | 
 Change 
 | 
 1 Year Chg. 
 | 
 1 Year Date 
 | 
   
 | 
 
| 
   
 | 
 U.S. 
 | 
 09/19/25 
 | 
 542 
 | 
 3 
 | 
 -46 
 | 
 09/20/24 
 | 
   
 | 
 
| 
   
 | 
 Canada 
 | 
 09/19/25 
 | 
 189 
 | 
 3 
 | 
 -22 
 | 
 09/20/24 
 | 
   
 | 
 
| 
   
 | 
 International 
 
 | 
 August-2025 
 | 
 1076 
 | 
 -3 
 | 
 -66 
 | 
 August-2024 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 CFTC Net Positions 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 As of 9/16/2025 
 | 
 Open Interest 
 | 
 Total Net Long 
 | 
 Total Net Short 
 | 
 Diff 
 | 
   
 | 
 
| 
   
 | 
 PJM West On Peak 
 | 
 97,205 
 | 
 96,742 
 | 
 96,643 
 | 
 99 
 | 
   
 | 
 
| 
   
 | 
 PJM West Off Peak 
 | 
 91,847 
 | 
 91,654 
 | 
 91,308 
 | 
 346 
 | 
   
 | 
 
| 
   
 | 
 Natural Gas Henry Hub 
 | 
 339,865 
 | 
 325,514 
 | 
 328,969 
 | 
 -3,455 
 | 
   
 | 
 
| 
   
 | 
 WTI – Light Sweet Crude Futures 
 | 
 163,603 
 | 
 137,722 
 | 
 130,457 
 | 
 7,265 
 | 
   
 | 
 
| 
   
 | 
 Brent Crude Last Day 
 | 
 228,778 
 | 
 220,092 
 | 
 221,915 
 | 
 -1,823 
 | 
   
 | 
 
| 
   
 | 
 NYM Ethanol 
 | 
 50,524 
 | 
 49,799 
 | 
 49,892 
 | 
 -93 
 | 
   
 | 
 
| 
   
 | 
 Mt Belvieu LDH Propane Swap 
 | 
 151,574 
 | 
 150,525 
 | 
 151,134 
 | 
 -609 
 | 
   
 | 
 
| 
   
 | 
 RBOB 
 | 
 374,688 
 | 
 347,538 
 | 
 358,828 
 | 
 -11,290 
 | 
   
 | 
 
| 
   
 | 
 HSC Basis 
 | 
 745,687 
 | 
 736,497 
 | 
 739,007 
 | 
 -2,510 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 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 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 09/18/20 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 9/12/25 
 | 
 9/5/25 
 | 
 Net Change 
 | 
 % Change 
 | 
 9/13/24 
 | 
 % Change 
 | 
 5 Year Avg. 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 East 
 | 
 781 
 | 
 757 
 | 
 24 
 | 
 3.17% 
 | 
 802 
 | 
 -2.62% 
 | 
 777 
 | 
 0.46% 
 | 
   
 | 
 
| 
   
 | 
 Midwest 
 | 
 920 
 | 
 890 
 | 
 30 
 | 
 3.37% 
 | 
 973 
 | 
 -5.45% 
 | 
 932 
 | 
 -1.31% 
 | 
   
 | 
 
| 
   
 | 
 Mountain 
 | 
 261 
 | 
 257 
 | 
 4 
 | 
 1.56% 
 | 
 275 
 | 
 -5.09% 
 | 
 218 
 | 
 19.51% 
 | 
   
 | 
 
| 
   
 | 
 Pacific 
 | 
 297 
 | 
 293 
 | 
 4 
 | 
 1.37% 
 | 
 283 
 | 
 4.95% 
 | 
 267 
 | 
 11.24% 
 | 
   
 | 
 
| 
   
 | 
 South 
 | 
 1,174 
 | 
 1,145 
 | 
 29 
 | 
 2.53% 
 | 
 1,111 
 | 
 5.67% 
 | 
 1,074 
 | 
 9.27% 
 | 
   
 | 
 
| 
   
 | 
     Salt 
 | 
 294 
 | 
 282 
 | 
 12 
 | 
 4.26% 
 | 
 271 
 | 
 8.49% 
 | 
 258 
 | 
 14.04% 
 | 
   
 | 
 
| 
   
 | 
     Non_Salt 
 | 
 879 
 | 
 863 
 | 
 16 
 | 
 1.85% 
 | 
 840 
 | 
 4.64% 
 | 
 817 
 | 
 7.64% 
 | 
   
 | 
 
| 
   
 | 
 Total 
 | 
 3,433 
 | 
 3,343 
 | 
 90 
 | 
 2.69% 
 | 
 3,445 
 | 
 -0.35% 
 | 
 3,270 
 | 
 4.98% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
 
 
 | 
 
 
 
  
 | 
 Power Generation Additions/Retirements 
 | 
 
 
 
  
 | 
 | 
 
 
 
  
| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
 Front Month Prices 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Electricity 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/24/25 
 | 
 9/23/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/26/25 
 | 
 % Change 
 | 
 9/24/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 PJM West On Peak 
 | 
 Oct-25 
 | 
 $51.83 
 | 
 $51.02 
 | 
 1.59% 
 | 
 $0.81 
 | 
 $46.27 
 | 
 12.01% 
 | 
 $49.28 
 | 
 5.18% 
 | 
   
 | 
 
| 
   
 | 
 ERCOT North On Peak 
 | 
 Oct-25 
 | 
 $36.73 
 | 
 $36.68 
 | 
 0.12% 
 | 
 $0.05 
 | 
 $36.40 
 | 
 0.90% 
 | 
 $40.72 
 | 
 -9.80% 
 | 
   
 | 
 
| 
   
 | 
 CAISO SP 15 On Peak 
 | 
 Oct-25 
 | 
 $34.74 
 | 
 $35.12 
 | 
 -1.07% 
 | 
 -$0.38 
 | 
 $31.75 
 | 
 9.43% 
 | 
 $34.70 
 | 
 0.14% 
 | 
   
 | 
 
| 
   
 | 
 MISO Indiana On Peak 
 | 
 Oct-25 
 | 
 $47.28 
 | 
 $46.37 
 | 
 1.96% 
 | 
 $0.91 
 | 
 $44.24 
 | 
 6.87% 
 | 
 $47.05 
 | 
 0.48% 
 | 
   
 | 
 
| 
   
 | 
 NEISO Mass On Peak 
 | 
 Oct-25 
 | 
 $39.35 
 | 
 $39.49 
 | 
 -0.37% 
 | 
 -$0.15 
 | 
 $37.21 
 | 
 5.75% 
 | 
 $44.08 
 | 
 -10.74% 
 | 
   
 | 
 
| 
   
 | 
 WECC Mid C On Peak 
 | 
 Oct-25 
 | 
 $49.57 
 | 
 $51.47 
 | 
 -3.71% 
 | 
 -$1.91 
 | 
 $49.15 
 | 
 0.84% 
 | 
 $58.11 
 | 
 -14.71% 
 | 
   
 | 
 
| 
   
 | 
 NYISO Zone G On Peak 
 | 
 Oct-25 
 | 
 $43.92 
 | 
 $44.15 
 | 
 -0.52% 
 | 
 -$0.23 
 | 
 $39.36 
 | 
 11.57% 
 | 
 $42.64 
 | 
 3.00% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Natural Gas & Basis 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/24/25 
 | 
 9/23/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/26/25 
 | 
 % Change 
 | 
 9/24/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 NYMEX Henry Hub 
 | 
 Oct-25 
 | 
 $2.858 
 | 
 $2.853 
 | 
 0.18% 
 | 
 $0.01 
 | 
 $2.79 
 | 
 2.44% 
 | 
 $3.32 
 | 
 -13.79% 
 | 
   
 | 
 
| 
   
 | 
 Houston Ship Channel 
 | 
 Oct-25 
 | 
 -$0.318 
 | 
 -$0.340 
 | 
 -6.55% 
 | 
 $0.02 
 | 
 -$0.43 
 | 
 -25.66% 
 | 
 -$0.60 
 | 
 -46.69% 
 | 
   
 | 
 
| 
   
 | 
 Chicago 
 | 
 Oct-25 
 | 
 -$0.253 
 | 
 -$0.264 
 | 
 4.47% 
 | 
 $0.01 
 | 
 -$0.38 
 | 
 -32.61% 
 | 
 -$0.52 
 | 
 -51.61% 
 | 
   
 | 
 
| 
   
 | 
 Waha 
 | 
 Oct-25 
 | 
 -$4.470 
 | 
 -$4.443 
 | 
 -0.62% 
 | 
 -$0.03 
 | 
 -$2.35 
 | 
 90.30% 
 | 
 -$1.70 
 | 
 163.01% 
 | 
   
 | 
 
| 
   
 | 
 Algonquin 
 | 
 Oct-25 
 | 
 -$0.846 
 | 
 -$0.846 
 | 
 -0.08% 
 | 
 $0.00 
 | 
 -$0.74 
 | 
 15.06% 
 | 
 -$0.78 
 | 
 8.05% 
 | 
   
 | 
 
| 
   
 | 
 Aeco 
 | 
 Oct-25 
 | 
 -$1.953 
 | 
 -$1.943 
 | 
 0.53% 
 | 
 -$0.01 
 | 
 -$1.57 
 | 
 24.48% 
 | 
 -$1.61 
 | 
 21.31% 
 | 
   
 | 
 
| 
   
 | 
 Socal 
 | 
 Oct-25 
 | 
 -$0.110 
 | 
 -$0.120 
 | 
 -8.17% 
 | 
 $0.01 
 | 
 -$0.36 
 | 
 -68.97% 
 | 
 -$0.14 
 | 
 -21.45% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Natural Gas Liquids 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/24/25 
 | 
 9/23/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/26/25 
 | 
 % Change 
 | 
 9/24/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Propane LST 
 | 
 Oct-25 
 | 
 $0.719 
 | 
 $0.720 
 | 
 -0.17% 
 | 
 $0.00 
 | 
 $0.70 
 | 
 2.86% 
 | 
 $0.72 
 | 
 -0.69% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Propane non LST 
 | 
 Oct-25 
 | 
 $0.716 
 | 
 $0.715 
 | 
 0.18% 
 | 
 $0.00 
 | 
 $0.69 
 | 
 3.24% 
 | 
 $0.73 
 | 
 -1.25% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belview Ethane 
 | 
 Oct-25 
 | 
 $0.260 
 | 
 $0.260 
 | 
 0.00% 
 | 
 $0.00 
 | 
 $0.22 
 | 
 18.86% 
 | 
 $0.24 
 | 
 6.36% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belview Nat. Gasoline 
 | 
 Oct-25 
 | 
 $1.341 
 | 
 $1.322 
 | 
 1.41% 
 | 
 $0.02 
 | 
 $1.30 
 | 
 3.35% 
 | 
 $1.39 
 | 
 -3.40% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Butane LST 
 | 
 Oct-25 
 | 
 $0.864 
 | 
 $0.856 
 | 
 0.89% 
 | 
 $0.01 
 | 
 $0.81 
 | 
 6.74% 
 | 
 $0.86 
 | 
 -0.06% 
 | 
   
 | 
 
| 
   
 | 
 Far East Propane 
 | 
 Oct-25 
 | 
 $5.461 
 | 
 $5.506 
 | 
 -0.82% 
 | 
 -$0.05 
 | 
 $5.45 
 | 
 0.19% 
 | 
 $5.59 
 | 
 -2.36% 
 | 
   
 | 
 
| 
   
 | 
 Saudi Propane 
 | 
 Oct-25 
 | 
 $5.435 
 | 
 $5.455 
 | 
 -0.37% 
 | 
 -$0.02 
 | 
 $5.34 
 | 
 1.77% 
 | 
 $5.19 
 | 
 4.80% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Crude Oil 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/24/25 
 | 
 9/23/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/26/25 
 | 
 % Change 
 | 
 9/24/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 WTI 
 | 
 Nov-25 
 | 
 $64.99 
 | 
 $63.41 
 | 
 2.43% 
 | 
 $1.58 
 | 
 $62.80 
 | 
 3.49% 
 | 
 $68.27 
 | 
 -4.80% 
 | 
   
 | 
 
| 
   
 | 
 Brent 
 | 
 Nov-25 
 | 
 $69.31 
 | 
 $67.63 
 | 
 2.42% 
 | 
 $1.68 
 | 
 $66.70 
 | 
 3.91% 
 | 
 $72.61 
 | 
 -4.54% 
 | 
   
 | 
 
| 
   
 | 
 WCS 
 | 
 Nov-25 
 | 
 -$11.61 
 | 
 -$10.79 
 | 
 7.02% 
 | 
 -$0.82 
 | 
 -$12.63 
 | 
 -8.11% 
 | 
 -$15.55 
 | 
 -25.32% 
 | 
   
 | 
 
| 
   
 | 
 LLS 
 | 
 Nov-25 
 | 
 $66.48 
 | 
 $65.60 
 | 
 1.32% 
 | 
 $0.88 
 | 
 $64.64 
 | 
 2.85% 
 | 
 $70.50 
 | 
 -5.71% 
 | 
   
 | 
 
| 
   
 | 
 Mars 
 | 
 Nov-25 
 | 
 $62.94 
 | 
 $63.11 
 | 
 -0.26% 
 | 
 -$0.17 
 | 
 $62.77 
 | 
 0.28% 
 | 
 $67.93 
 | 
 -7.35% 
 | 
   
 | 
 
| 
   
 | 
 Sour 
 | 
 Nov-25 
 | 
 $63.69 
 | 
 $63.71 
 | 
 -0.03% 
 | 
 -$0.02 
 | 
 $64.38 
 | 
 -1.08% 
 | 
 $68.60 
 | 
 -7.16% 
 | 
   
 | 
 
| 
   
 | 
 ESPO 
 | 
 Nov-25 
 | 
 $67.31 
 | 
 $65.63 
 | 
 2.50% 
 | 
 $1.68 
 | 
 $64.70 
 | 
 4.03% 
 | 
 $70.61 
 | 
 -4.67% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Refined Products 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/24/25 
 | 
 9/23/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/26/25 
 | 
 % Change 
 | 
 9/24/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 NY Heating Oil 
 | 
 Oct-25 
 | 
 $2.38 
 | 
 $2.34 
 | 
 1.45% 
 | 
 $0.03 
 | 
 $2.28 
 | 
 4.30% 
 | 
 $2.24 
 | 
 5.84% 
 | 
   
 | 
 
| 
   
 | 
 NY Gasoline 
 | 
 Oct-25 
 | 
 $2.02 
 | 
 $2.01 
 | 
 0.60% 
 | 
 $0.01 
 | 
 $1.97 
 | 
 2.44% 
 | 
 $1.90 
 | 
 6.15% 
 | 
   
 | 
 
| 
   
 | 
 GC Gasoline 
 | 
 Oct-25 
 | 
 $1.88 
 | 
 $1.87 
 | 
 0.64% 
 | 
 $0.01 
 | 
 $1.83 
 | 
 2.62% 
 | 
 $1.80 
 | 
 4.27% 
 | 
   
 | 
 
| 
   
 | 
 GC Jet 
 | 
 Oct-25 
 | 
 $2.32 
 | 
 $2.14 
 | 
 8.27% 
 | 
 $0.18 
 | 
 $2.04 
 | 
 13.64% 
 | 
 $2.12 
 | 
 9.35% 
 | 
   
 | 
 
| 
   
 | 
 Chicago Ethanol 
 | 
 Oct-25 
 | 
 $1.95 
 | 
 $1.88 
 | 
 3.29% 
 | 
 $0.06 
 | 
 $1.81 
 | 
 7.39% 
 | 
 $1.55 
 | 
 25.29% 
 | 
   
 | 
 
| 
   
 | 
 Rotterdam Gasoil 
 | 
 Oct-25 
 | 
 $650.55 
 | 
 $639.35 
 | 
 1.75% 
 | 
 $11.20 
 | 
 $608.62 
 | 
 6.89% 
 | 
 $627.34 
 | 
 3.70% 
 | 
   
 | 
 
| 
   
 | 
 Singapore Jet Kero 
 | 
 Oct-25 
 | 
 $88.30 
 | 
 $87.48 
 | 
 0.93% 
 | 
 $0.81 
 | 
 $85.60 
 | 
 3.15% 
 | 
 $87.48 
 | 
 0.94% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Implied Volatilities 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/24/25 
 | 
 9/23/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/26/25 
 | 
 % Change 
 | 
 9/24/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Henry Hub Straddle 
 | 
 Nov-25 
 | 
 57.84% 
 | 
 65.31% 
 | 
 -11.44% 
 | 
 -7.47% 
 | 
 56.54% 
 | 
 2.30% 
 | 
 40.56% 
 | 
 42.60% 
 | 
   
 | 
 
| 
   
 | 
 Algonquin Straddle 
 | 
 Nov-25 
 | 
 65.72% 
 | 
 70.38% 
 | 
 -6.62% 
 | 
 -4.66% 
 | 
 70.78% 
 | 
 -7.15% 
 | 
 54.05% 
 | 
 21.59% 
 | 
   
 | 
 
| 
   
 | 
 Waha Straddle 
 | 
 Nov-25 
 | 
 917.08% 
 | 
 723.42% 
 | 
 26.77% 
 | 
 193.66% 
 | 
 202.17% 
 | 
 353.62% 
 | 
 55.38% 
 | 
 1555.98% 
 | 
   
 | 
 
| 
   
 | 
 Chicago Straddle 
 | 
 Nov-25 
 | 
 59.66% 
 | 
 67.08% 
 | 
 -11.06% 
 | 
 -7.42% 
 | 
 59.87% 
 | 
 -0.35% 
 | 
 42.23% 
 | 
 41.27% 
 | 
   
 | 
 
| 
   
 | 
 PJM West Straddle 
 | 
 Nov-25 
 | 
 33.65% 
 | 
 33.56% 
 | 
 0.27% 
 | 
 0.09% 
 | 
 33.44% 
 | 
 0.63% 
 | 
 38.80% 
 | 
 -13.27% 
 | 
   
 | 
 
| 
   
 | 
 SP – 15 Straddle 
 | 
 Nov-25 
 | 
 217.17% 
 | 
 216.13% 
 | 
 0.48% 
 | 
 1.04% 
 | 
 298.45% 
 | 
 -27.23% 
 | 
 49.62% 
 | 
 337.67% 
 | 
   
 | 
 
| 
   
 | 
 Mid. C Straddle 
 | 
 Nov-25 
 | 
 53.67% 
 | 
 44.29% 
 | 
 21.18% 
 | 
 9.38% 
 | 
 35.27% 
 | 
 52.17% 
 | 
 54.96% 
 | 
 -2.35% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Euro Gas and Power/LNG 
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/24/25 
 | 
 9/23/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/26/25 
 | 
 % Change 
 | 
 9/24/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Dutch TTF 
 | 
 Nov-25 
 | 
 EUR 32.50 
 | 
 EUR 32.80 
 | 
 -0.91% 
 | 
 -EUR 0.30 
 | 
 EUR 34.09 
 | 
 -4.65% 
 | 
 EUR 37.05 
 | 
 -12.28% 
 | 
   
 | 
 
| 
   
 | 
 NBP 
 | 
 Nov-25 
 | 
 GBP 83.92 
 | 
 GBP 84.63 
 | 
 -0.84% 
 | 
 -GBP 0.71 
 | 
 GBP 87.18 
 | 
 -3.74% 
 | 
 GBP 93.22 
 | 
 -9.98% 
 | 
   
 | 
 
| 
   
 | 
 German Base 
 | 
 Nov-25 
 | 
 EUR 97.36 
 | 
 EUR 98.18 
 | 
 -0.83% 
 | 
 -EUR 0.82 
 | 
 EUR 94.97 
 | 
 2.51% 
 | 
 EUR 93.22 
 | 
 4.44% 
 | 
   
 | 
 
| 
   
 | 
 UK Base 
 | 
 Nov-25 
 | 
 GBP 83.60 
 | 
 GBP 84.05 
 | 
 -0.54% 
 | 
 -GBP 0.45 
 | 
 GBP 84.41 
 | 
 -0.96% 
 | 
 GBP 80.10 
 | 
 4.38% 
 | 
   
 | 
 
| 
   
 | 
 French Base 
 | 
 Nov-25 
 | 
 EUR 69.33 
 | 
 EUR 70.92 
 | 
 -2.24% 
 | 
 -EUR 1.59 
 | 
 EUR 75.53 
 | 
 -8.20% 
 | 
 EUR 79.34 
 | 
 -12.61% 
 | 
   
 | 
 
| 
   
 | 
 Italian Base 
 | 
 Nov-25 
 | 
 EUR 110.56 
 | 
 EUR 112.44 
 | 
 -1.67% 
 | 
 -EUR 1.88 
 | 
 EUR 113.36 
 | 
 -2.47% 
 | 
 EUR 111.65 
 | 
 -0.98% 
 | 
   
 | 
 
| 
   
 | 
 JKM LNG 
 | 
 Nov-25 
 | 
 $11.23 
 | 
 $11.28 
 | 
 -0.47% 
 | 
 -$0.05 
 | 
 $11.62 
 | 
 -3.41% 
 | 
 $13.42 
 | 
 -16.34% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Freight Forwards (WET & DRY) 
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/24/25 
 | 
 9/23/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/26/25 
 | 
 % Change 
 | 
 9/24/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 TD3C FFA Middle East to China (WET) 
 | 
 Nov-25 
 | 
 $32.50 
 | 
 $32.80 
 | 
 -0.91% 
 | 
 -$0.30 
 | 
 $34.09 
 | 
 -4.65% 
 | 
 $37.05 
 | 
 -12.28% 
 | 
   
 | 
 
| 
   
 | 
 USGC-UK Continent Dirty (WET) 
 | 
 Nov-25 
 | 
 $83.92 
 | 
 $84.63 
 | 
 -0.84% 
 | 
 -$0.71 
 | 
 $87.18 
 | 
 -3.74% 
 | 
 $93.22 
 | 
 -9.98% 
 | 
   
 | 
 
| 
   
 | 
 TD20 West Africa to UK Continent (WET) 
 | 
 Nov-25 
 | 
 $97.36 
 | 
 $98.18 
 | 
 -0.83% 
 | 
 -$0.82 
 | 
 $94.97 
 | 
 2.51% 
 | 
 $93.22 
 | 
 4.44% 
 | 
   
 | 
 
| 
   
 | 
 LPG FFA Middle East Gulf to East (WET) 
 | 
 Nov-25 
 | 
 $83.60 
 | 
 $84.05 
 | 
 -0.54% 
 | 
 -$0.45 
 | 
 $84.41 
 | 
 -0.96% 
 | 
 $80.10 
 | 
 4.38% 
 | 
   
 | 
 
| 
   
 | 
 TC5 FFA Arabian Gulf to Japan (WET) 
 | 
 Nov-25 
 | 
 $69.33 
 | 
 $70.92 
 | 
 -2.24% 
 | 
 -$1.59 
 | 
 $75.53 
 | 
 -8.20% 
 | 
 $79.34 
 | 
 -12.61% 
 | 
   
 | 
 
| 
   
 | 
 Supramax Timecharter (DRY) 
 | 
 Nov-25 
 | 
 $110.56 
 | 
 $112.44 
 | 
 -1.67% 
 | 
 -$1.88 
 | 
 $113.36 
 | 
 -2.47% 
 | 
 $111.65 
 | 
 -0.98% 
 | 
   
 | 
 
| 
   
 | 
 Capesize Timecharter (DRY) 
 | 
 Nov-25 
 | 
 $11.23 
 | 
 $11.28 
 | 
 -0.47% 
 | 
 -$0.05 
 | 
 $11.62 
 | 
 -3.41% 
 | 
 $13.42 
 | 
 -16.34% 
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
 
 
 | 
 
 
 
  
| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Cooling Degree Days 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 09/20/2025 
 | 
 Week Tot 
 | 
 Dev Norm 
 | 
 Dev L YR 
 | 
 Cum Tot 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
   
 | 
 
| 
   
 | 
 New England 
 | 
 4 
 | 
 2 
 | 
 -6 
 | 
 535 
 | 
 119 
 | 
 -52 
 | 
 29.00% 
 | 
 -9.00% 
 | 
   
 | 
 
| 
   
 | 
 Middle Atlantic 
 | 
 17 
 | 
 6 
 | 
 -7 
 | 
 764 
 | 
 121 
 | 
 -83 
 | 
 19.00% 
 | 
 -10.00% 
 | 
   
 | 
 
| 
   
 | 
 E N Central 
 | 
 38 
 | 
 26 
 | 
 -4 
 | 
 805 
 | 
 113 
 | 
 28 
 | 
 16.00% 
 | 
 4.00% 
 | 
   
 | 
 
| 
   
 | 
 W N Central 
 | 
 55 
 | 
 38 
 | 
 -3 
 | 
 965 
 | 
 64 
 | 
 23 
 | 
 7.00% 
 | 
 2.00% 
 | 
   
 | 
 
| 
   
 | 
 South Atlantic 
 | 
 61 
 | 
 2 
 | 
 -4 
 | 
 1,850 
 | 
 163 
 | 
 -46 
 | 
 10.00% 
 | 
 -2.00% 
 | 
   
 | 
 
| 
   
 | 
 E S Central 
 | 
 72 
 | 
 26 
 | 
 11 
 | 
 1,629 
 | 
 191 
 | 
 -11 
 | 
 13.00% 
 | 
 -1.00% 
 | 
   
 | 
 
| 
   
 | 
 W S Central 
 | 
 102 
 | 
 24 
 | 
 -3 
 | 
 2,391 
 | 
 205 
 | 
 -64 
 | 
 9.00% 
 | 
 -3.00% 
 | 
   
 | 
 
| 
   
 | 
 Mountain 
 | 
 35 
 | 
 -2 
 | 
 3 
 | 
 1,235 
 | 
 92 
 | 
 -43 
 | 
 8.00% 
 | 
 -3.00% 
 | 
   
 | 
 
| 
   
 | 
 Pacific 
 | 
 38 
 | 
 8 
 | 
 33 
 | 
 690 
 | 
 58 
 | 
 -106 
 | 
 9.00% 
 | 
 -13.00% 
 | 
   
 | 
 
| 
   
 | 
 United States 
 | 
 48 
 | 
 14 
 | 
 3 
 | 
 1,229 
 | 
 124 
 | 
 -44 
 | 
 11.00% 
 | 
 -3.00% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Heating Degree Days 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 09/20/2025 
 | 
 Week Tot 
 | 
 Dev Norm 
 | 
 Dev L YR 
 | 
 Cum Tot 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
   
 | 
 
| 
   
 | 
 New England 
 | 
 19 
 | 
 -18 
 | 
 12 
 | 
 111 
 | 
 2 
 | 
 35 
 | 
 2.00% 
 | 
 46.00% 
 | 
   
 | 
 
| 
   
 | 
 Middle Atlantic 
 | 
 6 
 | 
 -19 
 | 
 2 
 | 
 48 
 | 
 -19 
 | 
 6 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 E N Central 
 | 
 3 
 | 
 -25 
 | 
 0 
 | 
 108 
 | 
 17 
 | 
 30 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 W N Central 
 | 
 4 
 | 
 -30 
 | 
 3 
 | 
 87 
 | 
 -29 
 | 
 25 
 | 
 -25.00% 
 | 
 40.00% 
 | 
   
 | 
 
| 
   
 | 
 South Atlantic 
 | 
 1 
 | 
 -4 
 | 
 0 
 | 
 11 
 | 
 3 
 | 
 1 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 E S Central 
 | 
 0 
 | 
 -7 
 | 
 -1 
 | 
 12 
 | 
 2 
 | 
 3 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 W S Central 
 | 
 0 
 | 
 -2 
 | 
 0 
 | 
 3 
 | 
 -1 
 | 
 1 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 Mountain 
 | 
 19 
 | 
 -13 
 | 
 0 
 | 
 37 
 | 
 -84 
 | 
 -5 
 | 
 -69.00% 
 | 
 -14.00% 
 | 
   
 | 
 
| 
   
 | 
 Pacific 
 | 
 4 
 | 
 -11 
 | 
 -19 
 | 
 15 
 | 
 -65 
 | 
 -32 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 United States 
 | 
 5 
 | 
 -13 
 | 
 -2 
 | 
 43 
 | 
 -18 
 | 
 4 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
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 | 
   
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 | 
   
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 | 
   
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
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 | 
   
 | 
 
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 | 
 | 
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 | 
 | 
 | 
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 | 
 
 
 
  
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 Gas * Power * NGL * Crude * Products * Vol * Freight * Spreads – Charts 
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Weather Forecast & Seasonal Outlook 
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Tropical Outlook 
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Quality Data – Reliable Service – Affordable Price 
5151 San Felipe Suite 2200 
Houston, TX 77056  
faulkner.c@otcgh.com 
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