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Home Market Research Business

Crude oil adds to four-year lows; Goldman warns oil below $40 possible in ‘extreme’ scenario

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 2 mins read
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Crude oil adds to four-year lows; Goldman warns oil below  possible in ‘extreme’ scenario
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Apr. 08, 2025 6:54 PM ETUnited States Oil Fund, LP ETF (USO), XLEUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COM, CL1:COMBy: Carl Surran, SA News Editor

SlavkoSereda/iStock via Getty Images

Crude oil futures surrendered early gains and fell for a fourth straight session on Tuesday, with WTI and Brent futures both hitting their lowest levels since April 2021, as President Trump’s escalating trade war added to concerns about loss of energy demand.



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