https://www.instagram.com/vanessaclarkipaiThis is your Daily Crude Oil Price Tracker with Vanessa Clark podcast.Hello everyone and welcome back to the Daily Crude Oil Price Tracker. I'm your host Vanessa Clark, and today is Thursday, November 20th, 2025. We're going to break down what's happening in the crude oil market right now, where prices are sitting, and what's driving the action. So stick around.Let's jump right into today's numbers. Brent crude is trading at around 63 dollars and 92 cents per barrel, while West Texas Intermediate, or WTI, is sitting at 59 dollars and 67 cents per barrel. Now, if you were following the market yesterday, you might have noticed both benchmarks took a hit, with Brent falling almost 2 percent and WTI dropping more than 2 percent. So what's going on here?The main story driving prices lower is something we've been watching closely. There's an oversupply situation building in the market. The American Petroleum Institute reported a significant build of 4.4 million barrels in US commercial crude oil supplies for the week ending November 14th. That's the third consecutive weekly increase, and it's a red flag for traders. When you've got more supply coming in than demand is asking for, prices naturally move down.But here's where it gets interesting, because the crude oil story isn't just about supply and demand. Geopolitics is playing a huge role right now. The United States is working on a peace framework to end the Russia Ukraine conflict, and there are also major sanctions set to take effect tomorrow, November 21st, against major Russian energy companies like Rosneft and Lukoil. These sanctions are creating uncertainty in global oil flows because key buyers in China, India, and Turkey are going to have to rethink where they're getting their oil from.Despite these geopolitical risks, Russia has made it clear they're going to keep meeting their OPEC Plus production quota. And OPEC Plus itself is planning to pause production increases in the first quarter of 2026 because they're anticipating oversupply. So you've got this interesting tension in the market where we have plenty of oil available, but there's geopolitical risk that could disrupt supplies at any moment.Looking at the bigger picture, the US Energy Information Administration is projecting that American crude oil production is going to keep rising through 2025 and 2026. The shale revolution has really changed the game here. It means OPEC Plus has much less power to control prices than they used to.So what does this mean for you? If you're watching energy stocks or you care about gas prices, expect continued volatility. We're going to keep seeing daily swings based on inventory reports and any geopolitical developments. Tomorrow's sanctions implementation is definitely something to keep your eye on.That's what's happening in crude oil markets today. Thanks so much for tuning in to the Daily Crude Oil Price Tracker. Make sure you subscribe and join us again tomorrow for the latest updates. I'm Vanessa Clark, and we'll see you next time.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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