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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:COM, , , , , , , , , , , , , By: Carl Surran, SA News Editor
Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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


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