https://www.instagram.com/vanessaclarkipai This is your Crude Oil podcast. You are listening to the Daily Crude Oil Price Tracker with Vanessa Clark. I am Vanessa, and today we are diving into what is happening right now in the crude oil market and what it could mean for your wallet, your investments, and your business. Let us start with the headline number everyone searches for: the current crude oil price. According to Oil Price dot com, West Texas Intermediate, often called W T I crude, is trading around ninety four dollars and eighty eight cents per barrel, while Brent crude is near ninety seven dollars and five cents per barrel. These are near one week highs and reflect a market that is on edge. So why is crude oil this high today. Oil Price dot com reports that tensions in the Middle East have escalated, with Iran firing missiles at Kuwait and Bahrain and the United States striking and disabling an oil tanker heading toward Iran. At the same time, American Petroleum Institute data shows United States crude oil inventories have fallen for a seventh straight week, down about six point eight million barrels. Tight supply plus rising geopolitical risk is a classic recipe for higher oil prices. If you are an active trader, this is a market driven by headlines, so using clear entry and exit levels and strict risk management is crucial. If you are a long term investor in energy stocks or exchange traded funds, these elevated crude oil prices can support company profits, but remember that prices can fall quickly once tensions ease or supply rises. For everyday drivers and small business owners, today’s higher crude oil price often translates into higher gasoline and diesel prices with a short delay. If you can, consider filling up a bit earlier in weeks like this and review delivery or travel plans to see where you can consolidate trips. That is it for today’s Daily Crude Oil Price Tracker with Vanessa Clark. Thanks for spending a few minutes with me. Be sure to subscribe, share this with a friend who follows oil prices, and tune in next time for your daily crude oil price update. 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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