https://www.instagram.com/vanessaclarkipaiThis is your Daily Crude Oil Price Tracker with Vanessa Clark podcast.Hey everyone, welcome back to Daily Crude Oil Price Tracker. I'm Vanessa Clark, and I'm so glad you're tuning in today, Tuesday, December second, twenty twenty five. Today we're diving into the current crude oil market and what's really driving these prices right now.Let's jump straight into the numbers because that's what you're here for. As of today, Brent Crude is sitting at sixty three dollars and twenty six cents per barrel, while West Texas Intermediate, or WTI, is trading around fifty nine dollars and fifty cents. Now, these prices represent a modest rebound that we've seen in recent trading sessions, and there's actually some really interesting stuff happening behind the scenes that's pushing these numbers around.So what's driving crude oil prices today? The big story is geopolitical tension. We're seeing significant concerns about Russian oil infrastructure after recent drone strikes targeting major export terminals in the Black Sea region. There's also ongoing tension between the United States and Venezuela over sanctions and airspace issues, and that's keeping traders on high alert about potential supply disruptions.But here's where it gets interesting from an OPEC perspective. Just yesterday, OPEC Plus concluded a major meeting where they made a really significant decision. They're maintaining their current oil production levels for the first quarter of twenty twenty six. This wasn't a surprise to the market, but it did signal their commitment to preventing prices from falling even further. OPEC Plus is extending voluntary production cuts totaling one point six five million barrels per day, which they're basically using as a defensive strategy to keep prices from dropping below that fifty five dollar level.Now, the backdrop here is a projected global oil surplus in twenty twenty six. We're seeing booming production from non OPEC Plus sources, especially in the Americas, and that combined with weaker global demand growth is creating real supply concerns. China's manufacturing data has been slowing down, and that's impacting overall oil demand expectations.On the technical side, analysts are looking at Brent's price action and seeing some bullish signals. Some forecasters are suggesting that Brent could potentially move toward sixty four dollars and fifty cents if positive factors continue to outweigh the negative ones. However, there's always an alternative scenario where prices could pull back to around sixty two dollars and thirty five cents if we see a shift in sentiment.The key things to watch right now are any further disruptions to oil infrastructure, especially in critical areas like the Black Sea and Venezuela. We're also paying close attention to U.S. inventory data and any new announcements from major oil producing nations about supply policy changes.For your takeaway today, remember that crude oil markets are incredibly sensitive to geopolitical developments. These price movements of fifty cents to a dollar can happen quickly based on news headlines, so if you're involved in energy markets or even just concerned about fuel costs, keeping an eye on global tensions and OPEC decisions is really important.Thanks so much for tuning in to Daily Crude Oil Price Tracker. I'm Vanessa Clark, and I hope you found today's breakdown helpful. Be sure to subscribe and tune in next time for more daily crude oil insights and market updates. Take care!For more http://www.quietplease.aiCheck out Vanessa on Instagram https://www.instagram.com/vanessaclarkipaiFor some deals, check out https://amzn.to/4hSgB4rThis content was created in partnership and with the help of Artificial Intelligence AI

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