EMD088 - Technicals: Year-End Positioning

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: energymarkets@protonmail.com. Subject: Energy Capital. This is Energy Markets Daily. Wednesday: Markets closed for New Year's Day. Thursday: Macro Context.