Listen "EMD088 - Technicals: Year-End Positioning"
Episode Synopsis
Welcome to Energy Markets Daily.
Tuesday, December 30, 2025 — Technicals.
Year-end positioning. Let's look at the charts.
**CRUDE OIL**
WTI at $57.15, down 0.17% from yesterday. Brent at $60.85, down slightly.
Both in consolidation mode heading into year-end.
**WTI TECHNICALS**
Trading in a narrow range between $55 and $59. The $55 level is critical support — we tested it earlier this month at $55.28 and bounced.
Below $55, next support at $52, then $50. Resistance at $59.50, then $62.
The 50-day moving average sits above current price, confirming the bearish trend. RSI neutral around 45-50 — neither overbought nor oversold.
**BRENT TECHNICALS**
Similar picture. Support at $59-60 — we broke below briefly this month. Next support at $56.50.
Resistance at $62.30, then $65. The trend is clearly down — lower highs, lower lows since mid-year.
**VOLUME**
Thin holiday trading. Don't read too much into small moves. Position squaring before year-end can create noise.
**NATURAL GAS**
$3.98, down slightly. Consolidating after the December volatility.
Support at $3.50-$3.60. Resistance at $4.20-$4.30.
Weather remains the short-term driver. LNG exports structurally supportive. January 2026 implied near $4.60.
Storage down 166 Bcf for week ending December 19.
**YEAR-END POSITIONING**
Many traders closing books. New positions likely to wait until January.
Watch for potential volatility around the New Year transition as new capital enters.
**THE BOTTOM LINE**
Crude in a holding pattern. $55 WTI is the line in the sand. A break below opens the door to $50.
Natural gas consolidating but structural support from LNG demand and winter weather remains.
**FINAL WORD**
If you have an energy project or deal that needs capital, we connect qualified opportunities with institutional and family office capital through our global network.
Reach out: [email protected]. Subject: Energy Capital.
This is Energy Markets Daily. Wednesday: Markets closed for New Year's Day. Thursday: Macro Context.
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