Oil prices slump to nearly four-year low; Citi, Morgan Stanley cut Brent price forecasts

Apr. 07, 2025 7:37 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COMBy: Carl Surran, SA News Editor

SlavkoSereda/iStock via Getty Images

Crude futures oil fell for a third straight session in volatile trading Monday amid continued fears that President Trump’s tariffs could push economies around the world into recession and reduce global demand for energy.

A spike into positive territory on

Source link

spot_imgspot_img

Subscribe

Related articles

Tuesday Things. – How Sweet Eats

1. It’s almost tomato toast time. Think sourdough, very...

Majed's Worst DJ Debut Nightmare Turned Into a Career-Launching Festival Breakout

Majed's transition from social media star to festival DJ...

First celestial image from revolutionary telescope

Ione WellsSouth America correspondentGeorgina RannardScience correspondentNSF-DOE Vera C. Rubin...

Oil prices fall 5% after Trump says China can continue buying oil from Iran

Brent crude prices pared gains from the previous session...
spot_imgspot_img