https://www.instagram.com/vanessaclarkipaiThis is your Daily Crude Oil Price Tracker with Vanessa Clark podcast.Hey friends, welcome back to Daily Crude Oil Price Tracker with Vanessa Clark. I'm your host Vanessa, and today we're diving into the latest on crude oil prices, what's driving the market, and some smart tips to navigate this volatility.Right now, West Texas Intermediate crude oil is trading around 59 dollars per barrel, up a bit from last week after testing the 60 dollar level early Monday. Brent crude settled at about 63 dollars 34 cents per barrel, bouncing back from some dips amid big news like the US arrest of Venezuela's Nicolas Maduro and protests in Iran. According to FX Empire, the market is hitting strong resistance above these levels, creating short-term selling opportunities with plenty of choppiness ahead, especially in this January weather.Goldman Sachs reports oil prices could drift lower in 2026, forecasting WTI to average 52 dollars and Brent 56 dollars, potentially bottoming at 50 and 54 dollars by year-end due to a massive supply glut of over 2 million barrels per day. That's from non-OPEC growth in places like Guyana, Brazil, and even more from Venezuela and Russia, outpacing demand and building inventories. US production might dip slightly to 13.5 million barrels per day, while global upstream spending falls another 2 to 3 percent as companies stay disciplined.The takeaway? If you're trading or hedging, watch that 60 dollar resistance on WTI and 65 on Brent closely. A break above could signal momentum, but for now, consider fading rallies or locking in prices if you're a producer. Stay diversified, keep an eye on geopolitics like Iran unrest, and maybe explore energy ETFs for stability.Thanks for tuning in, pals. Subscribe, share with a friend, and catch you next time for more crude oil 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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