https://www.instagram.com/vanessaclarkipaiThis is your Daily Crude Oil Price Tracker with Vanessa Clark podcast.Hey friends, welcome to another episode of Daily Crude Oil Price Tracker with Vanessa Clark. Im your host Vanessa, and today were diving into the latest on crude oil prices, whats driving the market, and some smart tips to help you navigate this wild ride.Right now, WTI crude oil is trading at 58.40 dollars per barrel, up just a touch, about 0.09 percent from yesterday. Trading Economics reports its been climbing for six straight sessions, hitting a two-week high around 58.60, thanks to escalating geopolitical tensions like US efforts to intercept oil tankers near Venezuela. Thats adding some supply worry buzz, even though Venezuelan exports are a small slice of the global pie.But zoom out, and the picture gets trickier. Over the past month, prices dipped 0.42 percent, and theyre down a hefty 16.11 percent from last year. Brent crude, the global benchmark, sits around 62.26 dollars per barrel, also barely up today but facing bearish signals. Forex24.pro forecasts a possible test of 63 dollars resistance before potentially sliding below 58.25, with moving averages pointing downward.OPEC plus is playing a big role here. They hiked production by 137,000 barrels per day this December, but Chronicle Journal says theyre hitting pause through March 2026 to defend a price floor around 62 to 65 dollars for Brent amid a huge supply surplus. Non-OPEC output from the US, Brazil, and Guyana is surging, with US production near record 13.844 million barrels per day. Global inventories are at five-year highs, and oil on water tankers hit 1.4 billion barrels. Investing.com notes Brent and WTI are on track for their biggest annual drops since 2020, pressured by surplus fears despite some shipping risks.So, whats the actionable takeaway for you? If youre trading or investing, watch those tanker disruptions and OPEC compliance closely they could spark quick rallies. For everyday folks, with prices low, its a great time to lock in heating oil or gasoline budgets if winter chills hit hard. Diversify into energy stocks like Exxon or Chevron, who are profitable even at 60 dollars.Thats your daily crude update, friends keep it simple, stay informed. Thanks for tuning in, subscribe so you never miss a beat, and Ill catch you next time on Daily Crude Oil Price Tracker with Vanessa Clark. 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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