Withstanding

Technicians Focus on Long-Term Trends; January Flounders at Finish

January natural gas fell slightly at expiration Wednesday as traders see the market in a balancing act between holding technical support and withstanding a storage surplus that is not only wide, but continuing to increase. By the close January shed 2.8 cents to $3.084 and February eased 2.9 cents to $3.121. February crude oil fell $1.98 to $99.36/bbl.

December 29, 2011