Oil Crashes 3% in a Four‑Year Low

Crude oil just went into freefall. Brent and WTI havr both plunged about 3% on Monday, April 7, 2025, hitting levels that we have not seen since early 2021.

Traders are dumping barrels at a furious pace, as they are spooked by a full‑blown U.S.–China tariff war that threatens to choke off global demand.

OPEC+ Fans the Flames

To make matters worse, OPEC+ stunned markets by pumping up output next month.

This means they’d be flooding an already oversupplied market, which will send prices tumbling even further.

Copper’s Bloodbath

Copper just suffered its worst one‑day collapse since the COVID crash, plunging 6.3% to a 17‑month low before gaining a slight rebound.

If factories can’t afford wiring and machinery, you know the global economy is in serious trouble.

Gold’s Record High Snapped

Even gold, which is fresh off record highs from the first week in April, was forced to give back 0.4% as margin calls forced bullion traders to sell fast.

Is gold still our commodity safe‑haven? Not this time, unfortunately.

Soft Commodities Got Slammed

Coffee sank 3% to two‑month lows, and China’s looming 46% levy on Vietnamese beans is only adding to the carnage.

Meanwhile, Cocoa tumbled 3.1%, as Ivory Coast braces for 21% U.S. tariffs.

Natural Gas and Silver Show Divergent Paths

Natural gas in Europe slid to €35/MWh, which is its weakest since September 2024, on the same growth fears.

On the other hand, Silver bucked the trend, as it rallied 2.2% as bargain hunters swooped in after back‑to‑back drops.

Buckle Up

This isn’t just another pullback, it is a commodity meltdown driven by tariffs, oversupply, and recession jitters.

Act fast, or risk getting swept away in the worst raw‑materials rout in years.

Here are some ways you can keep your portfolio safe:

Park a chunk of your portfolio in cash or money‑market funds until this dust settles.

Also, consider diversifying into agriculture because grains and softs may hold up better if industrial metals keep tanking.

Finally, lock in your yields now while rates are still relatively high, and whatever you do, avoid long‑term bonds.