| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Prices as of 8:34 AM CST 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Current Price 
 | 
 Previous Settle 
 | 
 % Change 
 | 
 Change 
 | 
 Volume 
 | 
   
 | 
 
| 
   
 | 
 Natural Gas 
 | 
 $3.176 
 | 
 $2.835 
 | 
 12.03% 
 | 
 $0.341 
 | 
 36,390 
 | 
   
 | 
 
| 
   
 | 
 WTI 
 | 
 $64.37 
 | 
 $65.72 
 | 
 -2.05% 
 | 
 -$1.35 
 | 
 73,288 
 | 
   
 | 
 
| 
   
 | 
 Brent 
 | 
 $68.87 
 | 
 $70.13 
 | 
 -1.80% 
 | 
 -$1.26 
 | 
 3,569 
 | 
   
 | 
 
| 
   
 | 
 ULSD 
 | 
 $2.376 
 | 
 $2.429 
 | 
 -2.20% 
 | 
 -$0.053 
 | 
 2,366 
 | 
   
 | 
 
| 
   
 | 
 RBOB 
 | 
 $2.018 
 | 
 $2.038 
 | 
 -0.96% 
 | 
 -$0.020 
 | 
 1,521 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Spreads 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Current 
 | 
 Previous 
 | 
 % Change 
 | 
 Change 
 | 
 Contract 
 | 
   
 | 
 
| 
   
 | 
 WTI-Brent 
 | 
 $4.61 
 | 
 $4.41 
 | 
 4.54% 
 | 
 $0.20 
 | 
 Nov-25 
 | 
   
 | 
 
| 
   
 | 
 3:2:1 Crack 
 | 
 $23.97 
 | 
 $23.80 
 | 
 0.71% 
 | 
 $0.17 
 | 
 Nov-25 
 | 
   
 | 
 
| 
   
 | 
 PJM West Spark 
 | 
 NA 
 | 
 NA 
 | 
 NA 
 | 
 NA 
 | 
 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 9/23/2025 
 | 
 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 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 09/25/20 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 9/19/25 
 | 
 9/12/25 
 | 
 Net Change 
 | 
 % Change 
 | 
 9/27/24 
 | 
 % Change 
 | 
 5 Year Avg. 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 East 
 | 
 807 
 | 
 781 
 | 
 26 
 | 
 3.33% 
 | 
 846 
 | 
 -4.61% 
 | 
 808 
 | 
 -0.10% 
 | 
   
 | 
 
| 
   
 | 
 Midwest 
 | 
 945 
 | 
 920 
 | 
 25 
 | 
 2.72% 
 | 
 1,013 
 | 
 -6.71% 
 | 
 964 
 | 
 -1.99% 
 | 
   
 | 
 
| 
   
 | 
 Mountain 
 | 
 266 
 | 
 261 
 | 
 5 
 | 
 1.92% 
 | 
 283 
 | 
 -6.01% 
 | 
 225 
 | 
 18.22% 
 | 
   
 | 
 
| 
   
 | 
 Pacific 
 | 
 300 
 | 
 297 
 | 
 3 
 | 
 1.01% 
 | 
 293 
 | 
 2.39% 
 | 
 273 
 | 
 9.81% 
 | 
   
 | 
 
| 
   
 | 
 South 
 | 
 1,190 
 | 
 1,174 
 | 
 16 
 | 
 1.36% 
 | 
 1,113 
 | 
 6.92% 
 | 
 1,092 
 | 
 8.99% 
 | 
   
 | 
 
| 
   
 | 
     Salt 
 | 
 299 
 | 
 294 
 | 
 5 
 | 
 1.70% 
 | 
 261 
 | 
 14.56% 
 | 
 262 
 | 
 13.95% 
 | 
   
 | 
 
| 
   
 | 
     Non_Salt 
 | 
 890 
 | 
 879 
 | 
 11 
 | 
 1.25% 
 | 
 852 
 | 
 4.46% 
 | 
 829 
 | 
 7.33% 
 | 
   
 | 
 
| 
   
 | 
 Total 
 | 
 3,508 
 | 
 3,433 
 | 
 75 
 | 
 2.18% 
 | 
 3,547 
 | 
 -1.10% 
 | 
 3,362 
 | 
 4.35% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
 
 
 | 
 
 
 
  
 | 
 Power Generation Additions/Retirements 
 | 
 
 
 
  
 | 
 | 
 
 
 
  
| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
 Front Month Prices 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Electricity 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/26/25 
 | 
 9/25/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/28/25 
 | 
 % Change 
 | 
 9/26/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 PJM West On Peak 
 | 
 Oct-25 
 | 
 $52.27 
 | 
 $54.15 
 | 
 -3.47% 
 | 
 -$1.88 
 | 
 $48.01 
 | 
 8.88% 
 | 
 $48.93 
 | 
 6.83% 
 | 
   
 | 
 
| 
   
 | 
 ERCOT North On Peak 
 | 
 Oct-25 
 | 
 $36.18 
 | 
 $36.76 
 | 
 -1.58% 
 | 
 -$0.58 
 | 
 $38.45 
 | 
 -5.88% 
 | 
 $41.59 
 | 
 -12.99% 
 | 
   
 | 
 
| 
   
 | 
 CAISO SP 15 On Peak 
 | 
 Oct-25 
 | 
 $33.25 
 | 
 $35.25 
 | 
 -5.67% 
 | 
 -$2.00 
 | 
 $33.50 
 | 
 -0.75% 
 | 
 $34.93 
 | 
 -4.82% 
 | 
   
 | 
 
| 
   
 | 
 MISO Indiana On Peak 
 | 
 Oct-25 
 | 
 $46.31 
 | 
 $48.39 
 | 
 -4.29% 
 | 
 -$2.07 
 | 
 $44.74 
 | 
 3.52% 
 | 
 $46.65 
 | 
 -0.73% 
 | 
   
 | 
 
| 
   
 | 
 NEISO Mass On Peak 
 | 
 Oct-25 
 | 
 $39.56 
 | 
 $44.20 
 | 
 -10.50% 
 | 
 -$4.64 
 | 
 $40.15 
 | 
 -1.48% 
 | 
 $43.67 
 | 
 -9.42% 
 | 
   
 | 
 
| 
   
 | 
 WECC Mid C On Peak 
 | 
 Oct-25 
 | 
 $51.00 
 | 
 $52.25 
 | 
 -2.39% 
 | 
 -$1.25 
 | 
 $54.12 
 | 
 -5.77% 
 | 
 $61.16 
 | 
 -16.62% 
 | 
   
 | 
 
| 
   
 | 
 NYISO Zone G On Peak 
 | 
 Oct-25 
 | 
 $43.74 
 | 
 $43.66 
 | 
 0.19% 
 | 
 $0.08 
 | 
 $41.73 
 | 
 4.83% 
 | 
 $42.20 
 | 
 3.66% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Natural Gas & Basis 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/26/25 
 | 
 9/25/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/28/25 
 | 
 % Change 
 | 
 9/26/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 NYMEX Henry Hub 
 | 
 Nov-25 
 | 
 $3.206 
 | 
 $3.195 
 | 
 0.34% 
 | 
 $0.01 
 | 
 $3.26 
 | 
 -1.69% 
 | 
 $3.59 
 | 
 -10.65% 
 | 
   
 | 
 
| 
   
 | 
 Houston Ship Channel 
 | 
 Nov-25 
 | 
 -$0.408 
 | 
 -$0.418 
 | 
 -2.37% 
 | 
 $0.01 
 | 
 -$0.48 
 | 
 -14.94% 
 | 
 -$0.62 
 | 
 -34.59% 
 | 
   
 | 
 
| 
   
 | 
 Chicago 
 | 
 Nov-25 
 | 
 -$0.205 
 | 
 -$0.199 
 | 
 -2.83% 
 | 
 -$0.01 
 | 
 -$0.25 
 | 
 -16.64% 
 | 
 -$0.25 
 | 
 -16.54% 
 | 
   
 | 
 
| 
   
 | 
 Waha 
 | 
 Nov-25 
 | 
 -$3.101 
 | 
 -$3.081 
 | 
 -0.64% 
 | 
 -$0.02 
 | 
 -$2.53 
 | 
 22.45% 
 | 
 -$1.56 
 | 
 98.31% 
 | 
   
 | 
 
| 
   
 | 
 Algonquin 
 | 
 Nov-25 
 | 
 $0.760 
 | 
 $0.875 
 | 
 -13.24% 
 | 
 -$0.12 
 | 
 $0.71 
 | 
 7.29% 
 | 
 $0.98 
 | 
 -22.21% 
 | 
   
 | 
 
| 
   
 | 
 Aeco 
 | 
 Nov-25 
 | 
 -$1.386 
 | 
 -$1.510 
 | 
 -8.23% 
 | 
 $0.12 
 | 
 -$1.28 
 | 
 8.46% 
 | 
 -$1.24 
 | 
 12.20% 
 | 
   
 | 
 
| 
   
 | 
 Socal 
 | 
 Nov-25 
 | 
 -$0.083 
 | 
 -$0.045 
 | 
 84.63% 
 | 
 -$0.04 
 | 
 -$0.06 
 | 
 46.73% 
 | 
 $0.48 
 | 
 -117.15% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Natural Gas Liquids 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/26/25 
 | 
 9/25/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/28/25 
 | 
 % Change 
 | 
 9/26/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Propane LST 
 | 
 Oct-25 
 | 
 $0.728 
 | 
 $0.716 
 | 
 1.57% 
 | 
 $0.01 
 | 
 $0.70 
 | 
 3.56% 
 | 
 $0.69 
 | 
 4.84% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Propane non LST 
 | 
 Oct-25 
 | 
 $0.720 
 | 
 $0.711 
 | 
 1.22% 
 | 
 $0.01 
 | 
 $0.69 
 | 
 4.15% 
 | 
 $0.69 
 | 
 4.76% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belview Ethane 
 | 
 Oct-25 
 | 
 $0.259 
 | 
 $0.260 
 | 
 -0.48% 
 | 
 $0.00 
 | 
 $0.22 
 | 
 17.61% 
 | 
 $0.24 
 | 
 6.12% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belview Nat. Gasoline 
 | 
 Oct-25 
 | 
 $1.362 
 | 
 $1.340 
 | 
 1.68% 
 | 
 $0.02 
 | 
 $1.32 
 | 
 3.02% 
 | 
 $1.36 
 | 
 0.00% 
 | 
   
 | 
 
| 
   
 | 
 Mt. Belvieu Butane LST 
 | 
 Oct-25 
 | 
 $0.887 
 | 
 $0.874 
 | 
 1.40% 
 | 
 $0.01 
 | 
 $0.81 
 | 
 10.12% 
 | 
 $0.83 
 | 
 7.08% 
 | 
   
 | 
 
| 
   
 | 
 Far East Propane 
 | 
 Oct-25 
 | 
 $5.435 
 | 
 $5.451 
 | 
 -0.30% 
 | 
 -$0.02 
 | 
 $5.45 
 | 
 -0.32% 
 | 
 $5.50 
 | 
 -1.22% 
 | 
   
 | 
 
| 
   
 | 
 Saudi Propane 
 | 
 Oct-25 
 | 
 $5.400 
 | 
 $5.420 
 | 
 -0.37% 
 | 
 -$0.02 
 | 
 $5.30 
 | 
 1.97% 
 | 
 $5.13 
 | 
 5.28% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Crude Oil 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/26/25 
 | 
 9/25/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/28/25 
 | 
 % Change 
 | 
 9/26/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 WTI 
 | 
 Nov-25 
 | 
 $65.72 
 | 
 $64.98 
 | 
 1.13% 
 | 
 $0.74 
 | 
 $64.07 
 | 
 2.58% 
 | 
 $66.03 
 | 
 -0.47% 
 | 
   
 | 
 
| 
   
 | 
 Brent 
 | 
 Nov-25 
 | 
 $70.13 
 | 
 $69.42 
 | 
 1.01% 
 | 
 $0.71 
 | 
 $67.98 
 | 
 3.16% 
 | 
 $70.31 
 | 
 -0.26% 
 | 
   
 | 
 
| 
   
 | 
 WCS 
 | 
 Nov-25 
 | 
 -$11.44 
 | 
 -$11.65 
 | 
 -1.92% 
 | 
 $0.22 
 | 
 -$12.69 
 | 
 -9.88% 
 | 
 -$15.15 
 | 
 -24.51% 
 | 
   
 | 
 
| 
   
 | 
 LLS 
 | 
 Nov-25 
 | 
 $67.13 
 | 
 $66.90 
 | 
 0.34% 
 | 
 $0.23 
 | 
 $64.99 
 | 
 3.29% 
 | 
 $67.48 
 | 
 -0.52% 
 | 
   
 | 
 
| 
   
 | 
 Mars 
 | 
 Nov-25 
 | 
 $64.57 
 | 
 $63.39 
 | 
 1.83% 
 | 
 $1.18 
 | 
 $62.67 
 | 
 3.03% 
 | 
 $65.39 
 | 
 -1.26% 
 | 
   
 | 
 
| 
   
 | 
 Sour 
 | 
 Nov-25 
 | 
 $65.63 
 | 
 $64.41 
 | 
 1.86% 
 | 
 $1.22 
 | 
 $63.38 
 | 
 3.56% 
 | 
 $66.06 
 | 
 -0.65% 
 | 
   
 | 
 
| 
   
 | 
 ESPO 
 | 
 Nov-25 
 | 
 $68.13 
 | 
 $67.42 
 | 
 1.04% 
 | 
 $0.71 
 | 
 $65.98 
 | 
 3.26% 
 | 
 $68.31 
 | 
 -0.26% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Refined Products 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/26/25 
 | 
 9/25/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/28/25 
 | 
 % Change 
 | 
 9/26/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 NY Heating Oil 
 | 
 Oct-25 
 | 
 $2.43 
 | 
 $2.43 
 | 
 -0.29% 
 | 
 -$0.01 
 | 
 $2.30 
 | 
 5.52% 
 | 
 $2.23 
 | 
 8.84% 
 | 
   
 | 
 
| 
   
 | 
 NY Gasoline 
 | 
 Oct-25 
 | 
 $2.05 
 | 
 $2.01 
 | 
 2.09% 
 | 
 $0.04 
 | 
 $1.96 
 | 
 4.54% 
 | 
 $1.91 
 | 
 7.50% 
 | 
   
 | 
 
| 
   
 | 
 GC Gasoline 
 | 
 Oct-25 
 | 
 $1.91 
 | 
 $1.87 
 | 
 2.25% 
 | 
 $0.04 
 | 
 $1.82 
 | 
 4.89% 
 | 
 $1.81 
 | 
 5.70% 
 | 
   
 | 
 
| 
   
 | 
 GC Jet 
 | 
 Oct-25 
 | 
 $2.22 
 | 
 $2.36 
 | 
 -6.06% 
 | 
 -$0.14 
 | 
 $2.05 
 | 
 8.14% 
 | 
 $2.06 
 | 
 7.67% 
 | 
   
 | 
 
| 
   
 | 
 Chicago Ethanol 
 | 
 Oct-25 
 | 
 $1.97 
 | 
 $1.97 
 | 
 -0.20% 
 | 
 $0.00 
 | 
 $1.87 
 | 
 5.19% 
 | 
 $1.56 
 | 
 25.80% 
 | 
   
 | 
 
| 
   
 | 
 Rotterdam Gasoil 
 | 
 Oct-25 
 | 
 $668.53 
 | 
 $651.39 
 | 
 2.63% 
 | 
 $17.14 
 | 
 $607.52 
 | 
 10.04% 
 | 
 $612.61 
 | 
 9.13% 
 | 
   
 | 
 
| 
   
 | 
 Singapore Jet Kero 
 | 
 Oct-25 
 | 
 $90.32 
 | 
 $89.00 
 | 
 1.49% 
 | 
 $1.32 
 | 
 $83.27 
 | 
 8.47% 
 | 
 $84.27 
 | 
 7.18% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Implied Volatilities 
 | 
   
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/26/25 
 | 
 9/25/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/28/25 
 | 
 % Change 
 | 
 9/26/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Henry Hub Straddle 
 | 
 Nov-25 
 | 
 55.11% 
 | 
 58.14% 
 | 
 -5.21% 
 | 
 -3.03% 
 | 
 53.67% 
 | 
 2.68% 
 | 
 40.69% 
 | 
 35.44% 
 | 
   
 | 
 
| 
   
 | 
 Algonquin Straddle 
 | 
 Nov-25 
 | 
 61.98% 
 | 
 72.07% 
 | 
 -14.00% 
 | 
 -10.09% 
 | 
 66.20% 
 | 
 -6.37% 
 | 
 57.46% 
 | 
 7.87% 
 | 
   
 | 
 
| 
   
 | 
 Waha Straddle 
 | 
 Nov-25 
 | 
 1168.48% 
 | 
 1204.92% 
 | 
 -3.02% 
 | 
 -36.44% 
 | 
 203.81% 
 | 
 473.32% 
 | 
 56.74% 
 | 
 1959.36% 
 | 
   
 | 
 
| 
   
 | 
 Chicago Straddle 
 | 
 Nov-25 
 | 
 56.16% 
 | 
 60.06% 
 | 
 -6.49% 
 | 
 -3.90% 
 | 
 56.59% 
 | 
 -0.76% 
 | 
 42.81% 
 | 
 31.18% 
 | 
   
 | 
 
| 
   
 | 
 PJM West Straddle 
 | 
 Nov-25 
 | 
 34.55% 
 | 
 34.09% 
 | 
 1.35% 
 | 
 0.46% 
 | 
 34.09% 
 | 
 1.35% 
 | 
 39.54% 
 | 
 -12.62% 
 | 
   
 | 
 
| 
   
 | 
 SP – 15 Straddle 
 | 
 Nov-25 
 | 
 223.11% 
 | 
 219.59% 
 | 
 1.60% 
 | 
 3.52% 
 | 
 302.14% 
 | 
 -26.16% 
 | 
 49.48% 
 | 
 350.91% 
 | 
   
 | 
 
| 
   
 | 
 Mid. C Straddle 
 | 
 Nov-25 
 | 
 40.61% 
 | 
 50.23% 
 | 
 -19.15% 
 | 
 -9.62% 
 | 
 43.57% 
 | 
 -6.79% 
 | 
 56.07% 
 | 
 -27.57% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Euro Gas and Power/LNG 
 | 
   
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/26/25 
 | 
 9/25/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/28/25 
 | 
 % Change 
 | 
 9/26/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 Dutch TTF 
 | 
 Nov-25 
 | 
 EUR 33.06 
 | 
 EUR 32.84 
 | 
 0.69% 
 | 
 EUR 0.22 
 | 
 EUR 32.62 
 | 
 1.37% 
 | 
 EUR 37.05 
 | 
 -10.76% 
 | 
   
 | 
 
| 
   
 | 
 NBP 
 | 
 Nov-25 
 | 
 GBP 85.30 
 | 
 GBP 84.86 
 | 
 0.51% 
 | 
 GBP 0.43 
 | 
 GBP 83.34 
 | 
 2.35% 
 | 
 GBP 96.55 
 | 
 -11.65% 
 | 
   
 | 
 
| 
   
 | 
 German Base 
 | 
 Nov-25 
 | 
 EUR 98.61 
 | 
 EUR 97.86 
 | 
 0.76% 
 | 
 EUR 0.75 
 | 
 EUR 92.38 
 | 
 6.74% 
 | 
 EUR 95.02 
 | 
 3.78% 
 | 
   
 | 
 
| 
   
 | 
 UK Base 
 | 
 Nov-25 
 | 
 GBP 84.15 
 | 
 GBP 83.72 
 | 
 0.51% 
 | 
 GBP 0.43 
 | 
 GBP 83.32 
 | 
 1.00% 
 | 
 GBP 82.47 
 | 
 2.04% 
 | 
   
 | 
 
| 
   
 | 
 French Base 
 | 
 Nov-25 
 | 
 EUR 73.71 
 | 
 EUR 71.14 
 | 
 3.61% 
 | 
 EUR 2.57 
 | 
 EUR 72.62 
 | 
 1.50% 
 | 
 EUR 84.60 
 | 
 -12.87% 
 | 
   
 | 
 
| 
   
 | 
 Italian Base 
 | 
 Nov-25 
 | 
 EUR 111.21 
 | 
 EUR 112.36 
 | 
 -1.02% 
 | 
 -EUR 1.15 
 | 
 EUR 109.48 
 | 
 1.58% 
 | 
 EUR 113.38 
 | 
 -1.91% 
 | 
   
 | 
 
| 
   
 | 
 JKM LNG 
 | 
 Nov-25 
 | 
 $11.26 
 | 
 $11.12 
 | 
 1.30% 
 | 
 $0.14 
 | 
 $11.07 
 | 
 1.77% 
 | 
 $12.79 
 | 
 -11.95% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Freight Forwards (WET & DRY) 
 | 
   
 | 
 OTCGH/EOXLive Market Data 
 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 Contract 
 | 
 9/26/25 
 | 
 9/25/25 
 | 
 % Change 
 | 
 Change 
 | 
 8/28/25 
 | 
 % Change 
 | 
 9/26/24 
 | 
 % Change 
 | 
   
 | 
 
| 
   
 | 
 TD3C FFA Middle East to China (WET) 
 | 
 Nov-25 
 | 
 $33.06 
 | 
 $32.84 
 | 
 0.69% 
 | 
 $0.22 
 | 
 $32.62 
 | 
 1.37% 
 | 
 $37.05 
 | 
 -10.76% 
 | 
   
 | 
 
| 
   
 | 
 USGC-UK Continent Dirty (WET) 
 | 
 Nov-25 
 | 
 $85.30 
 | 
 $84.86 
 | 
 0.51% 
 | 
 $0.43 
 | 
 $83.34 
 | 
 2.35% 
 | 
 $96.55 
 | 
 -11.65% 
 | 
   
 | 
 
| 
   
 | 
 TD20 West Africa to UK Continent (WET) 
 | 
 Nov-25 
 | 
 $98.61 
 | 
 $97.86 
 | 
 0.76% 
 | 
 $0.75 
 | 
 $92.38 
 | 
 6.74% 
 | 
 $95.02 
 | 
 3.78% 
 | 
   
 | 
 
| 
   
 | 
 LPG FFA Middle East Gulf to East (WET) 
 | 
 Nov-25 
 | 
 $84.15 
 | 
 $83.72 
 | 
 0.51% 
 | 
 $0.43 
 | 
 $83.32 
 | 
 1.00% 
 | 
 $82.47 
 | 
 2.04% 
 | 
   
 | 
 
| 
   
 | 
 TC5 FFA Arabian Gulf to Japan (WET) 
 | 
 Nov-25 
 | 
 $73.71 
 | 
 $71.14 
 | 
 3.61% 
 | 
 $2.57 
 | 
 $72.62 
 | 
 1.50% 
 | 
 $84.60 
 | 
 -12.87% 
 | 
   
 | 
 
| 
   
 | 
 Supramax Timecharter (DRY) 
 | 
 Nov-25 
 | 
 $111.21 
 | 
 $112.36 
 | 
 -1.02% 
 | 
 -$1.15 
 | 
 $109.48 
 | 
 1.58% 
 | 
 $113.38 
 | 
 -1.91% 
 | 
   
 | 
 
| 
   
 | 
 Capesize Timecharter (DRY) 
 | 
 Nov-25 
 | 
 $11.26 
 | 
 $11.12 
 | 
 1.30% 
 | 
 $0.14 
 | 
 $11.07 
 | 
 1.77% 
 | 
 $12.79 
 | 
 -11.95% 
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
 
 
 | 
 
 
 
  
| 
     
| 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 Cooling Degree Days 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 09/27/2025 
 | 
 Week Tot 
 | 
 Dev Norm 
 | 
 Dev L YR 
 | 
 Cum Tot 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
   
 | 
 
| 
   
 | 
 New England 
 | 
 7 
 | 
 6 
 | 
 6 
 | 
 542 
 | 
 126 
 | 
 -46 
 | 
 30.00% 
 | 
 -8.00% 
 | 
   
 | 
 
| 
   
 | 
 Middle Atlantic 
 | 
 22 
 | 
 16 
 | 
 11 
 | 
 786 
 | 
 137 
 | 
 -72 
 | 
 21.00% 
 | 
 -8.00% 
 | 
   
 | 
 
| 
   
 | 
 E N Central 
 | 
 24 
 | 
 17 
 | 
 1 
 | 
 829 
 | 
 130 
 | 
 29 
 | 
 19.00% 
 | 
 4.00% 
 | 
   
 | 
 
| 
   
 | 
 W N Central 
 | 
 29 
 | 
 18 
 | 
 5 
 | 
 994 
 | 
 83 
 | 
 27 
 | 
 9.00% 
 | 
 3.00% 
 | 
   
 | 
 
| 
   
 | 
 South Atlantic 
 | 
 73 
 | 
 23 
 | 
 3 
 | 
 1,923 
 | 
 186 
 | 
 -43 
 | 
 11.00% 
 | 
 -2.00% 
 | 
   
 | 
 
| 
   
 | 
 E S Central 
 | 
 63 
 | 
 27 
 | 
 -9 
 | 
 1,692 
 | 
 219 
 | 
 -20 
 | 
 15.00% 
 | 
 -1.00% 
 | 
   
 | 
 
| 
   
 | 
 W S Central 
 | 
 92 
 | 
 27 
 | 
 -5 
 | 
 2,483 
 | 
 233 
 | 
 -69 
 | 
 10.00% 
 | 
 -3.00% 
 | 
   
 | 
 
| 
   
 | 
 Mountain 
 | 
 33 
 | 
 3 
 | 
 -1 
 | 
 1,268 
 | 
 95 
 | 
 -44 
 | 
 8.00% 
 | 
 -3.00% 
 | 
   
 | 
 
| 
   
 | 
 Pacific 
 | 
 30 
 | 
 7 
 | 
 7 
 | 
 720 
 | 
 65 
 | 
 -99 
 | 
 10.00% 
 | 
 -12.00% 
 | 
   
 | 
 
| 
   
 | 
 United States 
 | 
 44 
 | 
 17 
 | 
 3 
 | 
 1,273 
 | 
 141 
 | 
 -41 
 | 
 12.00% 
 | 
 -3.00% 
 | 
   
 | 
 
| 
   
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
 | 
   
 | 
 
| 
   
 | 
 Heating Degree Days 
 | 
   
 | 
 
| 
   
 | 
   
 | 
 
| 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
   
 | 
 
| 
   
 | 
 09/27/2025 
 | 
 Week Tot 
 | 
 Dev Norm 
 | 
 Dev L YR 
 | 
 Cum Tot 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
 CumD Norm 
 | 
 CumD L YR 
 | 
   
 | 
 
| 
   
 | 
 New England 
 | 
 28 
 | 
 -25 
 | 
 -13 
 | 
 139 
 | 
 -23 
 | 
 23 
 | 
 -14.00% 
 | 
 20.00% 
 | 
   
 | 
 
| 
   
 | 
 Middle Atlantic 
 | 
 8 
 | 
 -31 
 | 
 -4 
 | 
 56 
 | 
 -49 
 | 
 2 
 | 
 -47.00% 
 | 
 2.00% 
 | 
   
 | 
 
| 
   
 | 
 E N Central 
 | 
 8 
 | 
 -34 
 | 
 -5 
 | 
 116 
 | 
 -17 
 | 
 22 
 | 
 -13.00% 
 | 
 23.00% 
 | 
   
 | 
 
| 
   
 | 
 W N Central 
 | 
 10 
 | 
 -34 
 | 
 -13 
 | 
 97 
 | 
 -63 
 | 
 10 
 | 
 -39.00% 
 | 
 11.00% 
 | 
   
 | 
 
| 
   
 | 
 South Atlantic 
 | 
 0 
 | 
 -11 
 | 
 0 
 | 
 11 
 | 
 -7 
 | 
 0 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 E S Central 
 | 
 0 
 | 
 -14 
 | 
 -1 
 | 
 12 
 | 
 -12 
 | 
 1 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 W S Central 
 | 
 0 
 | 
 -3 
 | 
 -1 
 | 
 3 
 | 
 -4 
 | 
 0 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 Mountain 
 | 
 24 
 | 
 -17 
 | 
 2 
 | 
 61 
 | 
 -101 
 | 
 -1 
 | 
 -62.00% 
 | 
 -2.00% 
 | 
   
 | 
 
| 
   
 | 
 Pacific 
 | 
 8 
 | 
 -11 
 | 
 -1 
 | 
 23 
 | 
 -75 
 | 
 -33 
 | 
 NA 
 | 
 NA 
 | 
   
 | 
 
| 
   
 | 
 United States 
 | 
 7 
 | 
 -19 
 | 
 -3 
 | 
 51 
 | 
 -36 
 | 
 1 
 | 
 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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 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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Campbell Faulkner | OTC Global Holdings 
Quality Data – Reliable Service – Affordable Price 
5151 San Felipe Suite 2200 
Houston, TX 77056  
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