Oil Suffers Worst Monthly Slide Since 2023 as US Futures Glitch Halts Trading

Oil markets have taken a heavy hit this month. We are seeing the worst monthly drop for crude since 2023. At the same time, trading on U.S. oil futures was frozen when a technical glitch hit one of the world’s largest exchanges. That stopgap sparked chaos.  We will explore what happened, how we got here, why oil prices crashed, and what it means for markets, economies, and everyday people.