https://www.instagram.com/vanessaclarkipai This is your Crude Oil podcast. Welcome back to the Daily Crude Oil Price Tracker. I am Vanessa Clark, and this is your quick, friendly update on what is happening in the crude oil market right now. Let us start with the latest crude oil prices, since that is why you are here. According to Oil Price API, United States West Texas Intermediate crude oil is trading around ninety dollars per barrel, and Brent crude, the global benchmark, is in the low ninety dollar range. LiteFinance’s real time data shows United States crude recently trading just under eighty nine dollars, so we are clearly sitting in a high price environment with plenty of volatility. Major news driving today’s crude oil price is the tentative pause in strikes between Iran and Israel. The Economic Times and the Times of India both report that this easing of immediate conflict risk has taken a little bit of the fear premium out of the market, pulling prices slightly down from recent highs. But traders are still on edge because both sides have warned that attacks could resume if tensions flare again. At the same time, analysts quoted by OilPrice and Fortune are watching shrinking global oil inventories and ongoing risks to shipping through the Strait of Hormuz. Some even warn that if disruptions persist, we could see a push toward one hundred dollars a barrel or higher later this year. Here are a few quick takeaways you can use. If you are an active trader, these levels mean crude is very sensitive to geopolitical headlines, so tight risk management is essential. If you are a business that relies on fuel, consider using today’s slight pullback to review hedging plans in case prices break higher again. And if you simply follow gas prices, expect that today’s elevated crude oil levels will keep retail fuel costs relatively firm. That is it for today’s Daily Crude Oil Price Tracker with Vanessa Clark. Thanks for listening, be sure to subscribe, and tune in next time so you always know where the crude oil price is headed. For more http://www.quietplease.ai Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai For some deals, check out https://amzn.to/4hSgB4r

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