https://www.instagram.com/vanessaclarkipaiThis is your Daily Crude Oil Price Tracker with Vanessa Clark podcast.Hey friends, welcome to 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, Brent crude is hovering between 100 and 110 dollars per barrel, while West Texas Intermediate or WTI sits around 95 to 105 dollars. Polyestertime reports Brent around 100 dollars, and the Associated Press notes the April 2026 Light Sweet Crude futures settling at 95.73 dollars after some ups and downs. Despite tensions, prices dipped below 100 dollars this morning per the Economic Times, thanks to a temporary US license easing some flows.The big story is escalating conflict in the Middle East, with disruptions in the Strait of Hormuz, which carries 20 percent of global oil shipments. Attacks on tankers and facilities have slashed exports, sparking fears of a supply shock. Inquirer.net says Irans new leader ordered forces to hold the strait closed, pushing diesel and gasoline prices up big time, like 18 pesos per liter for diesel in some spots. OPEC plus is watching closely but has not ramped up yet, and the International Energy Agency cut supply growth forecasts.Demand stays strong from Asia and aviation, tightening inventories and adding pressure. Goldman Sachs sees Brent averaging over 100 dollars this month if shipping issues linger.Heres your takeaway: If youre budgeting for gas or travel, lock in fuel now or carpool to beat hikes. Investors, consider energy stocks but diversify with that geopolitical risk premium in mind. Track daily via apps for real-time alerts.Thanks for tuning in, pals. Subscribe, share with a friend, and catch you next time for more crude oil updates. Stay savvy out there.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

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related