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Crude slumped almost 50 percent last year, the most since the 2008, as OPEC resisted calls to cut output even as the U.S. pumped at the fastest rate in more than three decades. A government report earlier in the day showed that U.S. crude inventories increased to a six-month high as production and imports climbed.Natural gas for February delivery rose to $3.233 per million British thermal units in New York in its steepest one-day gain since Feb. 19. A blast of arctic weather predicted to swoop into the U.S. signaled stronger demand after a mild December.
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